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Forget Sports Betting—Americans Found a New $300M Game: The Fed Meeting
Key Takeaways The Federal Reserve cut rates by 25 basis points to 4% to 4.25% on Wednesday, a decision that had investors positioning their portfolios ahead of time.Major investors weren't the only ... Read More
Sports Events Contracts: Why Most Americans See Them as Gambling
A survey shows 85% of Americans view sports event contracts as gambling, not finance, fueling calls for state regulation and licensing. Read More
In prediction markets vs. the state over sports betting, who wins? DraftKings, for one.
Prediction market Kalshi and online brokerage Robinhood are trying to disrupt the hodgepodge of state rules that govern sports betting, arguing that their version is regulated by federal law. Read More
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