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Latest Blog Posts
Oklahoma’s Sweepstakes Ban Is Live, and It Overreaches
SB 1589 is now law in Oklahoma. The Legislature overrode Gov. Kevin Stitt’s veto in May, the ban took effect Nov. 1, and a product built to look like a slot machine now comes with a felony attached. Good. Mostly. A real slot machine has a license behind it, an auditor, and someone to call…
Macau’s Casino Revenue Just Fell 10% for a Fifth Straight Month, Even With Golden Week Crowds Packing the Casinos
Macau gave October every advantage a casino market could ask for. A seven-day Golden Week holiday. The NBA flying the Dallas Mavericks and Houston Rockets in for preseason games at The Venetian Macao, built to pack the gaming floor with bodies. None of it stopped gross gaming revenue from falling 10 percent year over year.…
Steve Will Do It Just Flaunted Another $700,000 Wagered on Gamdom, and His Audience Treats It Like Just Another Clip
“Another day, another $700,000 wagered.” Steve Will Do It posted that caption Tuesday, tagging his crypto casino sponsor Gamdom. Logged it like a trip to the gym. Nobody in his replies seemed to care that the session wasn’t a loss. A 10,000x hit on the Angry Gnomes slot off a $75 bet. $750,000, confirmed by…
Kalshi Just Moved $7.87 Billion in a Weekend, Then Started Selling Player Props. Call It Whatever You Want, That’s a Sportsbook.
Prediction markets ran up $10.5 billion in notional volume over one college football Saturday and NFL Sunday, and Kalshi alone accounted for $7.87 billion of it. That’s $1.76 billion in taker volume on a single app, for a company that insists it’s a financial exchange and not a sportsbook. Three days later, Kalshi rolled out…
DraftKings and FanDuel Are Being Sued for Deliberately Making Microbetting Addictive
A public health group just accused the NFL, DraftKings, FanDuel, and Genius Sports of building a betting product designed to hook you on purpose. That’s the real sportsbook lawsuit right now. Not the old “risk-free bet” ad cases everybody keeps recycling. Those are dead and buried. The Public Health Advocacy Institute, the same outfit that…
Everyone on Betting Twitter Knows a Guy Who Got Rich Sports Betting. Nobody Can Ever Name Him.
Every group chat has one. Every parlay-Twitter reply guy swears he knows somebody who quit his job off three-teamers. Ask for a name and the trail goes cold every time. One very online bettor put words to the whole racket yesterday: 436 likes, 48 replies, and not a single receipt in the bunch. Just secondhand…
