There’s no escaping the news about prediction markets. Over the last two years, their popularity has grown exponentially – and more traditional sportsbooks are now looking at new ways to tap into the prediction market opportunity.
On paper, it seems like a pretty straightforward idea: draw a digital line around a college campus to stop people inside it from placing mobile sports bets.
Michael Burry, the investor who inspired the movie The Big Short, has bought shares in Flutter and DraftKings, expressing confidence that the sportsbooks can overcome the threat of prediction markets.
The US Men’s National Team’s exit from the World Cup was bad news for American punters, but it has brought financial cheer to sportsbooks across the country.
The legislative effort to require sportsbooks in New York to provide players with monthly betting account statements has reached its last step before a potential governor’s signature.
The second golf major of the year is here, as the 2026 PGA Championship tees off Thursday at Aronimink Golf Club outside of Philadelphia. Scottie Scheffler is the defending champion after winning at Quail Hollow Club in Charlotte last year.