Why Kalshi, Polymarket and 'gambling-adjacent' giants are rewriting betting's future
Prediction markets are exploding: James Bennett, Managing Editor, PredictChecker.com, discusses their impact on the gambling and finance sectors.
Prediction markets are exploding: James Bennett, Managing Editor, PredictChecker.com, discusses their impact on the gambling and finance sectors.
The ad headline claimed players needed to stake £20 to participate, but in the small text, it stated that a minimum £40 stake was required.
Wendt most recently served as Partner of Capital Group Companies, an investment management firm and parent company of the American Funds portfolio of mutual funds.
Caesars Digital revenue increased 2.6% throughout the third quarter of 2025, having totaled $311m while regional operations generated $1.5bn and grew 6.2% year-over-year.
The operator is set to integrate AI-powered user-acquisition tools and UX design into its digital platforms to connect online and land-based properties, such as its Betly iGaming brand.
The operator stated its previous anti-money laundering program failed to 'meet expectations' from December 2018 to August 2024 but plans to fight AUSTRAC's claim in court if required.
An investigation found 18-to-23-year-olds were losing tens of thousands of Euros.
The operator also issued a trading update to shareholders, stating 'exceptionally customer-friendly sports results' affected operations for September and impacted sports betting margins.
Senator Sérgio Petecão has introduced a bill directing part of the betting revenue to healthcare and social security.
Chief Counsel Steve Cook and Director of Communications Douglas Harbach speak with Global Gaming Insider to share the Pennsylvania Gaming Control Board (PGCB) prediction market concerns as more operators continue to join the industry.