California’s tribal leaders are boosting their efforts to counter the exponential rise of prediction markets, converging in San Diego this week to strategize their legal and political maneuvers. The gathering occurs in the wake of Fanatics launching its prediction market platform in California, with industry giants FanDuel and DraftKings…
Tag: Web3
Gambling addiction has emerged as a significant concern in Maryland, with a recent University of Maryland study highlighting a surge in gambling-related harm. The study, spearheaded by the Maryland Center of Excellence on Problem Gambling at the University of Maryland School of Medicine, indicates that the proliferation of online…
The Venetian Las Vegas is poised to celebrate its most prosperous year since its inception, even as other entities along the iconic Las Vegas Strip navigate rougher waters. According to Patrick Nichols, the president and CEO of the Venetian, the property continues to thrive by targeting the high-end market,…
As the year draws to a close, Pennsylvania finds itself at an impasse over the regulation and taxation of the so-called “skill games” proliferating in bars, social clubs, and gas stations across the state. Despite months of heated discussions and a clear acknowledgment from both political parties that the…
The excitement is mounting as the Powerball jackpot has skyrocketed past the $700 million milestone after the recent draw went without a six-number match. The prize now stands at an impressive $719 million, awaiting the next hopeful millionaire this Saturday night. It’s a staggering figure, though not the largest…
Polymarket is gearing up to make a significant reentry into the United States, bolstered by the recent green light from the Commodity and Futures Trading Commission (CFTC) received on Tuesday. This pivotal approval paves the way for Polymarket’s imminent return, ending a prolonged absence from the American market. The…