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Category: Crypto Betting
New Jersey Governer Candidate Offers Sign Of Support To Kalshi
Steven Fulop gave signs of endorsement for Kalshi’s election prediction markets by interacting with the company on Twitter/X. Fulop responded to a post on X showing that he was gaining support in the market,
Study Reveals Unregulated Online Gambling Generated $67 Billion Last Year
Yield Sec, a consultancy firm based in Denver, published a study showing that unregulated online gambling accounts for 74% of the gambling industry in the US. In total, US gamblers lost $91 billion in 2024. Of this, $67
Kalshi CEO Unconcerned Ahead Of Nevada Court Hearing
In an interview on Monday, Mansour stated, “we’re not necessarily very concerned” about state regulators’ complaints of illegal sports betting. Kalshi has now received five cease-and-desist
Crypto Sports Network Blockasset CEO Departs After Just 6 Months
Zamboglou announced on social media that he would leave his role at the head of Blockasset’s crypto sports betting network to launch a new venture, Oneiro Labs. He posted on X: “I’ve left @Blockassetco
Crypto Betting On The Second Coming Of Jesus In 2025
Polymarket, a decentralized crypto betting platform, has seen over $160,000 of trading volume in their second coming prediction market. At the moment, the market puts the return at a 3% chance. Rules of the market are
Louisiana Introduce Bill Making Election Betting Illegal
Sen. Rick Edwards introduced a bill in the Louisiana Senate that proposes banning election betting. The bill would make both placing and accepting bets on any elections illegal. The wording of Senate Bill 90 attempts to
Crypto Casino Gamdom Partner With Soccer Team In UK
Last week, Dunfermline, a soccer team based in Scotland, announced a partnership with crypto casino brand Gamdom. In a statement posted on their official website, the club stated, “DAFC are pleased to announce the
Connecticut Adds To Legal Challenges For Kalshi And Robinhood
Kalshi and Robinhood face a growing number of legal challenges to their prediction markets. State regulators claim that the prediction markets are online betting and violate state laws. The Connecticut Department of
Crypto.com Offers NBA Moneylines
Crypto users can now make predictions on the winners of NBA and College basketball matches on Crypto.com. The site began offering sports event trading last year with CEO, Kris Marszalek, stating: Sports Events Trading
Florida Bill Proposes Strict Rules Against Online Gambling
Former Philadelphia Eagle Sen. Corey Simon put forward the bill. Simon has been campaigning against the spread of online betting and commented, “Illegal gambling in Florida is a growing crisis. Illegal gambling