DraftKings recently announced new initiatives to promote responsible engagement and increase awareness of tools and resources for making informed decisions and engaging responsibly. The efforts include a digital advertising campaign…
Five major professional sports leagues and their players associations sent a joint letter to gambling regulators in 35 states and the District of Columbia, asking for rules that would permanently…
The U.S. House Ways and Means Committee will consider legislation on Wednesday, that would restore a 100% federal tax deduction for gambling losses against gambling winnings. The proposal would eliminate the…
Concerns about gambling addiction arise in Texas as lawmakers investigate the use of prediction market platforms and debate whether they should be classified as gambling. Gambling policy expert and lobbyist…
NFL season opening weekend boosts prediction market trading, as eight major platforms report $3.12 billion in volume on the first Sunday of action. Saturday saw $3.17 billion in trading, driven…