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A new poll from the prediction market operator Kalshi shows that most Americans want access to prediction markets and would rather see them overseen by the federal government instead of state gambling regulators. The timing isn’t a coincidence. The results come at a time when gaming commissions in several states are debating whether these markets […]
Huge swathes of cash are flowing from Japan to European tech startups as risk-averse investors favor a more mature entrepreneurial ecosystem, helping to scale the continent’s booming deep tech cluster. While the European startup and venture capital ecosystem has long operated in the shadow of Silicon Valley, it has become fertile ground for Japanese corporates, […]
BetMGM has announced a leaderboard-style contest for players, which is tied to the Players Era Men’s and Women’s Championship. The ‘Players Era in Vegas Leaderboard’ has been launched and will run through November 9, with the contest rewarding 25 winners with a trip to Las Vegas for the championships, including tournament tickets, a four-night stay, […]
It was a terrible start to November on Wall Street. The tech-heavy Nasdaq sank just over 3% in its worst weekly performance since early April. The S & P 500 fell 1.6% for the week. Both stock measures broke three-week winning streaks.This week’s market decline, which followed a strong October, can be chalked up to […]
There’s no denying that the gambling industry is changing at a rapid pace, with new offerings being introduced on an almost daily basis by operators. One of those major changes includes the introduction and expansion of microbetting which moves away from the traditional wagers that were once the only option. Now, people are able to […]
Sopa Images | Lightrocket | Getty Images Nvidia has established itself as the undisputed leader in artificial intelligence chips, selling large quantities of silicon to most of the world’s biggest tech companies en route to a $4.5 trillion market cap. One of Nvidia’s key clients is Google, which has been loading up on the chipmaker’s […]
The Social Gaming Leadership Alliance (SGLA) has released a press release expressing “disappointment” over a state’s decision to push back on what it considers illegal gambling. Namely, the Minnesota Attorney General has come out swinging against “out-of-state and overseas operators” running sweepstakes casinos online and skirting established gambling laws. Minnesota Attorney General Keith Ellison said […]
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range […]
CGG Entertainment has been prohibited from providing its gambling services in Sweden by Spelinspektionen – the Swedish Gambling Authority. The Cyprus-based company features players entering lotteries for various goods, along with purchasing mystery boxes. Users can either win a prize or lose their entire stake. Despite the company not possessing a valid licence to operate […]
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 14%, while rival WeRide fell nearly 12% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively, in […]
