Betting

A new tax rule tucked into President Donald Trump’s spending bill has gamblers worried—and it could ripple across some of the biggest names in the betting industry. Professional gamblers are reportedly raising concerns over a new tax measure embedded within Trump’s sweeping new tax and...

Cryptocurrency bettors projected a guilty verdict for rapper Sean “Diddy” Combs on sex trafficking charges, despite prosecutors dropping serious charges against him. What Happened: Odds that the rapper is convicted of sex trafficking or a related felony charge rose 3 percentage points...

Cryptocurrency bettors sharply raised their odds on Monday that the United States and Iran would strike a nuclear deal in 2025 after President Donald Trump confirmed a ceasefire in the ongoing Middle East conflict. What Happened: The odds for the betting contract titled “US-Iran nuclear deal...

U.S. recession odds slipped further on Polymarket as a slew of bullish events lifted investor sentiment Wednesday. What happened: Odds in favor of the betting contract titled “US recession in 2025?” were 23% as of this writing, a considerable drop from the all-time high of 66% recorded...

Cryptocurrency bettors saw a strong likelihood that courts would block the deployment of the U.S. military in Los Angeles as protests over President Donald Trump's immigration crackdown entered their fifth day. What happened: The betting contract "Will courts block Trump’s National Guard...

Editor’s Note: A typographical error in the headline of this story has been corrected. Cryptocurrency bettors sharply upped the odds of a U.S. recession Thursday following President Donald Trump's worse-than-expected "Liberation Day" tariff rollout. What happened: The odds in favor of the...

With Donald Trump‘s swearing-in as the 47th president rapidly approaching, betting markets are in overdrive, pricing in a flurry of executive actions. Traders on the CFTC-regulated platform Kalshi see an 80% chance Trump will sign at least 15 executive orders on his first day, with the most...

The December jobs report upended market expectations, forcing top Wall Street investment banks to abandon their forecast for further interest rate cuts in 2025. A labor market exceeding even the most optimistic estimates has traders now bracing for the unthinkable: the return of interest rate hikes...

Bettors on the cryptocurrency-based prediction market Polymarket eyed a strong possibility that a new country would switch to the "Bitcoin (CRYPTO: BTC) Standard" this year. What happened: A new contract titled, "Will a new country buy Bitcoin in 2025?" went live on the Polygon (CRYPTO: POL)-based...

Millions of dollars are now being wagered on the upcoming U.S. presidential election after a recent court decision lifted a domestic betting ban. This has sparked a surge in interest, particularly from institutional investors. What Happened: The market is experiencing significant activity following...

Prepare for legalized betting on whether Democrats will reclaim the House of Representatives — starting as soon as next week. On Friday, a federal judge authorized Americans to place bets on congressional election outcomes through a prediction-market startup, paving the way for legalized wagers on...

Fans of the cult-classic film "Beetlejuice" are eagerly awaiting the release of "Beetlejuice Beetlejuice" in theaters this weekend. A prediction market allows movie fans and crypto holders to wager on how much money the sequel from Warner Bros. Discovery (NASDAQ:WBD) will gross at the box office....

By Lucía Tedesco via El Planteo, adapted for Benzinga. The digital landscape is being transformed in Spain with the approval of the new "Influencer Law," which regulates the activity of these "users of special relevance." Such figures will have to assume...

With a convincing win in the Iowa caucus and potential wins in early deciding states, former President Donald Trump is getting closer to securing the GOP nomination in the 2024 presidential election. While many feel the 2024 Republican presidential race has already been decided, one item that hasn'...