Sports Betting


Policy

Connecticut Orders Kalshi, Robinhood, Crypto.com to Cease Sports Betting

The state issued cease-and-desist orders to the firms to stop conducting "unlicensed online gambling" via their sports events contracts.

Crypto.com (Jesse Hamilton/Coindesk)

Finance

NFL Opener Draws $600K on Polymarket as Platform Targets $107B Sports Betting Industry

With U.S. regulatory approval in hand, the crypto prediction market is moving beyond politics to challenge the far larger opportunity in sports betting.

Polymarket takes $600K in bets on NFL season Opener (Andrej Lisakov/Unsplash +)

Finance

Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets

The new offering follows the success of Polymarket-style event trading, but with CFTC-regulated contracts in the U.S.

Robinhood app (Getty Images/Cheng Xin)

Markets

Polymarket Bettors Punt $1.1B on Superbowl Results, Despite Regulatory Overhang

The Philadelphia Eagles won the Superbowl, but the Kansas City Chiefs were the early favorite on Polymarket.

A football placed on a field. (Dave Adamson/Unsplash)

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CoinDesk Indices

That New Sports Betting Guy You Like May Be An (AI) Agent

AI agents, the new "digital workforce," are poised to redefine talent in the crypto space, says Jennifer Murphy of Runa Digital Assets.

Robot

News Analysis

Polymarket Trader Loses Millions on Tyson After Making Bank on Trump

Plus: the market is not confident if Matt Gaetz will be confirmed as Trump's attorney general.

ARLINGTON, TEXAS - NOVEMBER 15: Jake Paul throws a left on Mike Tyson during a heavyweight bout at AT&T Stadium on November 15, 2024 in Arlington, Texas. (Photo by Christian Petersen/Getty Images)

Finance

Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour

A series of unfortunate sports losses have left Drake very close to losing $1 million worth of bitcoin bets.

Jaylen Brown of the Boston Celtics drives around Kyrie Irving of the Dallas Mavericks during the fourth quarter in Game Two of the 2024 NBA Finals in Boston. (Photo by Maddie Meyer/Getty Images)

Finance

DraftKings Charts NFT Long-Game With Marketplace Debut

Tom Brady’s NFT platform, Autograph, is powering the sports betting app’s foray into the world of digital collectibles.

DraftKings

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Finance

Watford FC Signs Sponsorship Deal With Crypto Betting Platform Stake.com

The partnership extends Watford's association with crypto-related firms, following its prior sponsorship by Sportsbet.io.

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Tech

Augur Adds Sports Betting With Launch of Polygon-Based 'Augur Turbo'

The six-year-old prediction platform is chasing the surging sports betting market by building with Chainlink and Polygon.

Sports betting is growing rapidly in the U.S.

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