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Sunday, May 18, 2025

Sports Betting

May 13, 2025; Cleveland, Ohio, USA; Indiana Pacers guard Bennedict Mathurin (00) drives to the basket between Cleveland Cavaliers guard Ty Jerome (2) and center Jarrett Allen (31) during the second half of game five of the second round for the 2025 NBA Playoffs at Rocket Arena.

Penn Continues to Fight Activist Investor While Admitting Struggles

The activist battle is heating up ahead of Penn’s shareholder meeting next month.
May 15, 2025
May 12, 2025; New York, New York, USA; New York Knicks guard Jalen Brunson (11) dribbles as Boston Celtics guard Derrick White (9) defends in the second half during game four of the second round for the 2025 NBA Playoffs at Madison Square Garden.

Sports Betting Giants, Leagues Watch Closely As Kalshi Keeps Winning

Regulators in at least six states have sent Kalshi cease-and-desist letters.
May 13, 2025
Sports are shown on TVs behind a bar as guests enjoy the grand opening of DraftKings Sports & Social in Ohio.

DraftKings, FanDuel Interested in Sports Prediction Markets

Sports betting giants are eyeing sports “prediction” markets.
May 9, 2025

FanDuel Misses Projections As Betting Favorites Dominate 

FanDuel is hit by customer-friendly betting outcomes during March Madness.
May 8, 2025