News

Polymarket hurricane market puts Florida at 60% in Isaias landfall contract

A Polymarket contract tracking where Isaias would make landfall as a hurricane showed Florida as the leading outcome at 60% on Oct. 7, with resolution based on National Hurricane Center reports by Oct. 15.

BofA upgrades DraftKings, says prediction markets may add to sportsbook growth

Bank of America upgraded DraftKings to buy and said prediction markets may be expanding the betting market instead of taking business away from traditional sportsbooks.

Trinidad Chambliss Becomes Kalshi Heisman Market Favorite at 19%

Kalshi’s Heisman market has Trinidad Chambliss in first place at 19% after Ole Miss’s win over LSU, narrowly ahead of Darian Mensah at 18%.

Election prediction markets draw fresh scrutiny as 2026 midterm wagers reach $200 million

Prediction markets tied to the 2026 U.S. midterms are back in focus after reported wagers reached roughly $200 million, raising new questions about manipulation, market integrity and whether election contracts should be treated as gambling.

Sports betting and prediction markets face fresh scrutiny as volume stays high

As betting and prediction-market activity remains strong, new scrutiny from lawmakers and regulators could shape the next round of gambling policy debates.

Florida attorney’s lawsuits put spotlight on sports betting app design and gambling harm claims

A Florida attorney has filed 15 lawsuits against FanDuel and DraftKings alleging their sports betting apps were designed to keep users gambling, as new research and reporting add to concerns about financial harm in online betting markets.

Seminole Hard Rock Tampa donates $100,000 to 10 Hispanic organizations

Seminole Hard Rock Casino Tampa donated $100,000 to 10 local Hispanic organizations, with each group receiving $10,000 during a Hispanic Heritage Month kickoff event.