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472 results for “Stake”

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Prediction Markets

AGA Study Finds Prediction-Market Users Overestimate Their Maths Skills

Research commissioned by the American Gaming Association says gamblers score higher on financial literacy than non-gamblers, and that prediction-market users are nearly as confident as sports bettors but test like non-gamblers. The trade body is using it against the exchanges.

The New York County Supreme Court building at Foley Square
Prediction Markets

New York Sues Polymarket, Eight Weeks After Kalshi, Seeking Triple Its Gains

New York's attorney general has filed a second state-court case against a prediction market, this time against Polymarket's US exchange, alleging an unlicensed gambling business open to 18-year-olds. The relief sought mirrors the Kalshi suit that drew the federal regulator into the fight in August.

A floodlit baseball stadium at dusk, with players on the field, full stands and a dark, cloudy sky above the lights
Sports Betting

FanDuel Suspends a Customer After He Told CBS He Bets Up to $120,000 a Year on a $97,000 Salary

A CBS News investigation into how sportsbooks keep bettors engaged featured a Virginia customer who likened gambling to "crack in the '80s". FanDuel suspended his account after the broadcast, a step CBS said the company told him about only after he appeared in its story. The operator says it acts whenever a customer raises concerns, on television or anywhere else.

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Regulatory

Curaçao's Regulator Found Unauthorised Access to Its Licensing Portal

The Curaçao Gaming Authority says the access has been contained and its source identified, and that it has found no compromise of core infrastructure, but it has not yet established what information was reached. The portal is the single channel for every licence application, supplier filing and incident report under the LOK.

An Amsterdam canal at dusk
Regulatory

The Dutch KSA Renews Eight Online Licences and Weighs Five Years of Breaches

TOTO, Holland Casino, Kansino, FairPlay, Bingoal, bet365, GG Poker and Betcity have licences to September 2031. For the first time the regulator explicitly examined violations definitively established in the previous five years, asked applicants what they had done about them, and issued unnamed operators "additional points for attention".

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