Finance News – Sports Betting
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Robinhood launches NFL and college football prediction markets
By introducing prediction markets focused on professional and college football, Robinhood aims to expand its presence in the sports betting industry, potentially generating new rev...
Read Full Article →Robinhood launching sports betting prediction markets on NFL and NCAA football via Kalshi partnershi...
The new feature allows users to engage in football-related prediction markets directly through Robinhood, potentially expanding the platform’s revenue streams by attracting sports...
Read Full Article →Horse racing to go on strike in protest against government’s planned betting tax rise
The cancellation of all horse racing events on 10 September is anticipated to cause a significant financial impact, with losses estimated around £700,000, as a response to proposed...
Read Full Article →Is Your State Coming For Your Online Sports Bets?
Many states are considering increasing tax rates on online sports wagering in 2025, which may impact the overall costs and potential returns for individuals who participate in thes...
Read Full Article →Sports Betting Stocks Slip as Illinois Passes New Per-Bet Tax
The introduction of a new tax on individual wagers in Illinois has impacted market valuations, leading to a decline in shares related to sports gambling companies.
Read Full Article →Sports betting stocks slide after Illinois lawmakers approve tax hike
Shares of companies involved in online sports wagering declined on Monday following the approval of increased taxation by Illinois legislators, impacting investor confidence in the...
Read Full Article →SailGP launches sports betting with DraftKings and Bet365
By partnering with major betting companies, SailGP aims to enhance fan interaction and generate additional revenue streams, supporting long-term growth and increased visibility wit...
Read Full Article →SX Bet Bets Big on Berachain: Bringing Web3 Sports Betting to Bera
SX Bet’s integration with Berachain represents a strategic financial move that leverages substantial user engagement and rapid revenue growth within the decentralized sports wageri...
Read Full Article →AI Sports Betting Agent Aims to Disrupt Tipster Industry Using Crypto
Billy Bets leverages blockchain technology to enhance transparency in sports betting, potentially altering traditional revenue models and reducing reliance on conventional tipster...
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