Category: Prediction Markets
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MA Gambling Regulator Votes To Stay With Kalshi-Backed NCPG
The Massachusetts Gaming Commission, the state’s regulator of sports betting, voted Thursday to remain a member of the nation’s richest problem gambling group despite its recent infusion of cash from the controversial prediction market Kalshi. MGC Chairman Jordan Maynard said leaving the National Council on Problem Gambling would be a “symbolic gesture,” and he opposed…
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Sydney Sweeney Promotes Sports Gambling In Softcore Porn Ad
Actress Sydney Sweeney has inked a sports gambling sponsorship deal with the prediction market Novig. In the ad campaign, Sweeney is shown nearly naked acting out sports like basketball, hockey, and tennis. The softcore porn video was posted to Instagram on Wednesday. “Think you know sports? Prove it,” Sweeney says at the beginning of the…
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‘Godfather’ Of Sports Betting Calls Industry ‘A Little Bit Disturbing’
The unofficial “godfather” of U.S. online sports betting admits that the industry has become “a little bit disturbing.” Former New Jersey Gov. Chris Christie, who led efforts to overturn the Professional and Amateur Sports Protection Act of 1992, told The Philadelphia Inquirer that the industry’s growth since 2018 has been troubling. Legal online sportsbooks won…
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The Leopards Are Now Eating The NFL’s Face
The NFL says bets on so-called “prediction markets” sports-gambling platforms are ripe for corruption, insider trading, and manipulation, making them a match-fixing risk in NFL games. It’s a potentially enormous problem, as many fans already partake in the conspiracy theory that the NFL is rigged related to gambling. It’s also an historic “the leopards are…
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LeBron James Joins Polymarket In Controversial Gambling Role
NBA star LeBron James on Saturday announced a “partnership” with Polymarket, a controversial prediction-market gambling platform. James, who recently signed with the Philadelphia 76ers, also had a gambling partnership with DraftKings Sportsbook. His endorsement deal with DraftKings expired earlier this summer, a source told to Front Office Sports. DraftKings is a licensed sportsbook in Pennsylvania,…
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