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How does a gambling site lose money? DraftKings just lost $250 million in revenue — mostly on NFL games.
The company experienced “the most customer-friendly stretch of NFL sport outcomes we have ever seen,” its CEO said.Business - MarketWatch - 13 hours ago -
The Real Reasons the G.O.P. Is Spending Millions on Anti-Trans Ads
Republicans are banking on an issue that isn’t a priority for voters: trans rights.Top stories - The New York Times - October 28 -
Michael Bloomberg’s $50 million donation to Harris campaign could be half of what the billionaire’s real estate is worth
From the Hamptons to the Bahamas, Bloomberg has amassed an incredible portfolio of lavish properties around the globe.Business - MarketWatch - 5 days ago -
A Mega Millions Lottery Ticket Will Cost $5 Next Year, but You Can Get the Same (Real) Payout for Free, Starting Today
What the lottery sells is the power of hope–which you can start embracing right now, without spending a dime.Business - Inc. - October 23 -
Musk’s gamble on Trump pays off
Billionaire chief of Tesla and X looks set to take up influential adviser role in White HouseWorld - Financial Times - 3 days ago -
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%World - Financial Times - October 14 -
Don’t bet on a taxing outcome for UK gambling companies
Fears that money would flow from the regulated sector has long deterred action against the industryBusiness - Financial Times - October 14 -
Macao's next leader wants to wean its economy off gambling
Slated to become Macao's leader, Sam Hou Fai says he will continue to steer its economy away from gaming and gambling.Business - CNBC - October 14 -
Pakistan roll the dice and gamble on spin trio for second Test with England
Hosts drop regulars and bring in veteran spinners in the hope the Multan pitch used last week will turn this time . “There is no change in the approach,” insisted Azhar Mahmood, Pakistan’s ...World - The Guardian - October 14 -
U.K. Gambling Stocks Fall on Reports of New Industry Taxes
Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.Business - The Wall Street Journal - October 14 -
Ishiba’s election gamble: Japan’s PM fights to keep LDP on track
Reduced majority could impair the prime minister’s ability to tackle economic and demographic challengesWorld - Financial Times - October 15 -
World’s biggest gambling hub rolls dice on new China-backed leader
Former top judge Sam Hou Fai has criticised ‘wild’ expansion of Macau’s gaming sectorWorld - Financial Times - October 17 -
Why America's THAAD defense deployment to Israel is a 'gamble' in Iran conflict
Around 100 U.S. troops will soon be on active duty in Israel to help defend the country against the potent missile threat from Iran and its regional allies.Top stories - ABC News - October 17 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
Archie Karas, a Gambling Legend Who Made---and Lost---a Fortune, Dies at 73
Over a three-year span in the 1990s, Karas won as much as $40 million—only to lose it all in a fraction of the time it took to win it.World - The Wall Street Journal - October 18 -
Jameson Williams, once suspended for gambling, facing a PES suspension
Jameson Williams will be eligible to return for the Lions' matchup with the Texans on Nov. 10.Sports - Yahoo Sports - October 22 -
NFL Power Rankings: Where does everyone stand after Week 7?
Mike Tomlin made a gutsy call to switch to Russell Wilson. It worked against a Jets team that is flailing because of the "media." Here's the league landscape.Sports - Yahoo Sports - October 22 -
Gambling poses huge global threat to public health, experts warn
Lancet commission calls for gambling to be treated in same way as alcohol and tobacco after technology widens reach. Gambling poses a growing worldwide threat to public health, with its rapid ...World - The Guardian - October 24 -
Online gambling rise poses significant public health threat: Commission
The worldwide rise of online gambling poses a significant public health threat, according to a report released Thursday. The report, which was published in the Lancet Public Health journal, found ...Politics - The Hill - October 25 -
Seminole Tribe settles legal challenges to online sports gambling exclusivity in Florida
The Seminole Tribe of Florida and a group of businesses that operate racetracks and poker rooms have settled a yearslong legal dispute over whether the Seminole Tribe should have exclusive rights ...Sports - ABC News - October 28 -
Gambling on 'vibes' — why the betting markets are getting the election all wrong
The betting markets currently have Donald Trump at a 62% chance of winning Tuesday's election, but this is based on the bettors' models that rely on social media engagement, which may not ...Politics - The Hill - 6 days ago -
Peter Laviolette's Big Gamble Pays Off In Rangers' Win Over Islanders
The Rangers made major changes to their line combinations, which led to a decisive 5-2 victory against the Islanders.Sports - Yahoo Sports - 6 days ago -
McLaren Gambled. It May Have Ended Their Formula 1 Title Hopes.
Lando Norris’s charge to overtake Max Verstappen could have met its unofficial end, a columnist for The Athletic writes.Sports - The New York Times - 5 days ago -
Here are all the ways sports gambling is hurting some bettors’ finances
A new report shows that bettors are losing more than just parlay betsBusiness - MarketWatch - 4 days ago -
Classy Casadó the real gem as Barça's academy stars humble Real Madrid
Marc Casadó has started just seven LaLiga games, but his performance showed maturity.Sports - ESPN - October 27 -
Crypto has designs on real estate
Buying blockchain-listed ‘slices’ of properties is a nascent, niche and troubled market. Can it find its feet beyond the crypto crowd?Business - Financial Times - October 18 -
Arena Racing CEO urges reform to save racing from gambling tax fallout
With the Treasury eyeing the gambling industry for additional tax revenue, arguments have increased on how best to bolstering British horse racing. Martin Cruddace, the chief executive of the ...World - The Guardian - October 14 -
Yankees' Aaron Judge reacts to Guardians' 'unconventional' intentional walk to Juan Soto in ALCS Game 2
The Guardians walked Soto to load the bases for the presumptive American League MVPSports - CBS Sports - October 16 -
Why Thomas Tuchel is a necessary quick fix for England -- and why England is a gamble for Tuchel
Thomas Tuchel's decision to take the England job is a surprising one, but it's a big bet by the storied manager on himself.Sports - ESPN - October 17 -
Procter & Gamble’s stock slips as profit beat, steady outlook offset a sales miss
Shares of Procter & Gamble Co. fell 1.2% in premarket trading Friday, after the consumer packaged-goods company reported fiscal first-quarter profit that beat expectations and maintained its ...Business - MarketWatch - October 18 -
NBA strikes agreement with gambling partners to remove under prop bets on lowest-paid players, per report
The NBA seems to be trying to avoid another Jontay Porter situationSports - CBS Sports - October 19 -
Virginia Tech's release of Temple transfer Hysier Miller related to gambling investigation of Owls, per report
The Owls' star transferred to Virginia Tech after Temple games last season were flagged for suspicious gambling activitySports - CBS Sports - October 23 -
Online gambling has fueled an industry boom that threatens public health, commission finds
The rise of online betting has led the commercial gambling industry to grow worldwide, posing a threat to public health, according to a report from an international commission of health experts.Top stories - NBC News - October 24 -
Another bettor pleads guilty to wire fraud in gambling scheme involving ex-Raptors player Jontay Porter
Porter has been banned from the NBA for lifeSports - CBS Sports - October 30 -
Opinion polls have Harris and Trump locked in a tight race. ‘Gambling polls’ say otherwise
Election betting platforms have put Trump’s chance of winning higher, and with trust in media depleting, more people are turning to them. US elections 2024 – live updates Most gamblers might ...World - The Guardian - October 31 -
Man United hires Ruben Amorim as manager from Nov. 11 in a gamble by the fading English power
Manchester United has hired Ruben Amorim and is gambling on a manager unproven in Europe’s top leagues to turn around the fortunes of the fading English powerSports - ABC News - November 1 -
Florida sticks with Billy Napier: Inside Gators' gamble on eventual growth over market uncertainty
Florida had no interest in being a guinea pig in a one-of-its-kind coaching cycleSports - CBS Sports - 2 days ago -
Lamar Jackson and the Ravens prevail after Bengals' 2-point gamble doesn't pay off
In another classic between AFC North rivals, Joe Burrow (428 yards, 4 TDs) and Ja'Marr Chase (264 yards, 3 TDs) fell agonizingly short in Baltimore.Sports - Yahoo Sports - 2 days ago
