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Gibraltar has taken a notable step toward reshaping its digital economy, issuing its first-ever license to a prediction markets operator amid pressure on its core online gambling sector. Authorities approved the license for Predict Street Ltd on March 26, formally adding the company to the territory’s register of betting intermediaries. The move was announced in […]
Thursday’s Opening Day may be the calm before the storm for Major League Baseball. The league’s collective bargaining agreement with its players expires at the end of this season. Owners, with the commissioner’s backing, are almost sure to push for a salary cap (which would likely come with a salary floor to get players to […]
A new advisory from the US Commodity Futures Trading Commission (CFTC) could potentially reshape the debate around sports prediction markets. As platforms continue to offer contracts tied to real-world outcomes, from elections to the Super Bowl, regulators are signaling they may be willing to oversee the industry rather than shut it down altogether. For years, […]
In April 2023, the Premier League announced a voluntary agreement to remove gambling advertising from front-of-shirt sponsorships. The decision was reached following “extensive consultation” with the UK government regarding its review of gambling legislation, which was prevalent in the recent budget announcement from the incumbent Labour government. The new arrangement will apply from the start […]
The logo of an Apple Store is seen reflected on the glass exterior of a Samsung flagship store in Shanghai, China Monday, Oct. 20, 2025. Wang Gang | Feature China | Future Publishing | Getty Images The cost of your smartphone might rise, analysts are warning, as the AI boom clogs up supply chains and […]
A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again […]
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir‘s head of global communications said Wednesday that the company’s political shift toward the Trump administration is “concerning.” “I think it’s […]
“Making It Work” is a series about small-business owners striving to endure hard times. When a young hunter died, Lanae Strovers didn’t plan a funeral service with organ music and the Lord’s Prayer. After Ms. Strovers, a director at Hamilton’s Funeral Home in Des Moines, Iowa, heard the man’s family wish for one last hunt […]
WW International, formerly known as WeightWatchers, has filed for Chapter 11 bankruptcy protection on Tuesday in a bid to cut its debt after Ozempic and other hugely popular obesity drugs upended its business model. Shares of the company, which once boasted of media mogul Oprah Winfrey as one of its top shareholders, slumped 40% in extended […]
Jim Acosta is threatening to quit CNN rather than accept a reassigned time slot that would see him move from late mornings to the graveyard shift, according to a report. Acosta’s days at CNN may be numbered as the former White House correspondent known for his combative coverage of President Donald Trump could be heading […]
