The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday.
Category: Gambling
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Polymarket Is Investigating Suspicious Bets on Israeli Election
The New York Times – Business: -
Polymarket Is Investigating Suspicious Bets on Israeli Election
The New York Times – Business:The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday.
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Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?
The New York Times – Business:The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.
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Its Investors Say Kalshi Is Worth $40 Billion. Is an I.P.O. Next?
The New York Times – Business:The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.
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DraftKings Faces Growing Pressure Over How It Targets Customers
The New York Times – Business:In Congress and in several states, officials have been questioning online gambling companies about their use of artificial intelligence.
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Massachusetts Is Investigating Gambling Companies’ Use of A.I.
The New York Times – Business:In response to a New York Times report on DraftKings, the state’s gaming commission said it would evaluate how each company deployed the technology.
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At DraftKings, AI Targets the Gamblers Likeliest to Lose
The New York Times – Business:Data science helps determine who receives betting incentives, but the company has resisted using similar technology to protect gamblers at risk of addiction.
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Belmont Park Got a $550 Million Makeover. Will Fans Show Up?
The New York Times – Business:The 300,000-square-foot so-called entertainment zone has scaled down capacity for horse race spectators, but added spaces for concerts and other performances.
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Sydney Sweeney Sports Betting Ad Sparks Backlash From Athletes
The New York Times – Fashion & Style:A nude campaign for a sports betting app drew strong responses. Was it all strategic?
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How Minnesota Became the Front Line in the Fight Over Prediction Markets
The New York Times – Business:The state was the first to pass a law banning Kalshi and Polymarket. A lawsuit filed by a federal agency may set a precedent on who gets to regulate them.
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Pennsylvania Gambling Addicts Hope that ‘Skill Games’ Will Go Bust
The New York Times – Business:The machines, which enjoyed legal protection until a recent court ruling, could go dark in October.