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Robinhood Prediction-Markets Arm Gets Massachusetts Subpoena
(Bloomberg) -- Robinhood Markets Inc.’s prediction-markets business received a subpoena from Massachusetts’ Secretary of State Bill Galvin, who’s looking into links to gambling for its sports-event contracts, especially for younger users.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands
More than half of US adults don't want legal betting on college sports in their state: AP-NORC poll
Most U.S. adults think betting on professional sports should be legal but they don’t feel the same way about college sports, according to a new AP-NORC survey.
Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.
The Financial Consequences of Legalized Sports Gambling
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Following a 2018 ruling of the U.S. Supreme Court, 38 states have legalized sports gambling. We study how this policy has impacted consumer finan
Can You Really Make Money Betting on Sports? - Blog
Sports betting has risen in popularity in recent years, especially amongst young people. But what are the chances of making it big on these bets? Two Cents’ video Can You Really Make Money Betting on Sports? examines how sports betting went from being an illegal activity to a lucrative industry. Learn about why sports betting is so popular, the advantages and disadvantages of participating, and more! Explore NGPF’s Gambling and Sports Betting Mini-Unit for fully built out lessons and engaging resources to bring to your students! Interested in more Edpuzzle videos?
Thousands of election gamblers anticipate betting jackpot after Trump win
Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online gambling sites after Donald Trump was elected president in a stunning comeback - but some may have to wait to collect their haul.
Trump, Aliens, and Taylor Swift? The Wild World of Prediction Markets
Around the world, people are betting billions on real life events through online platforms called prediction markets. But as these betting sites have ascende...
Question of the Day: How much did Americans wager on sports last year? - Blog
It's up 27.5% from the previous year. Answer: $119.84 billion dollars -------- Questions: What might be some reasons why sports betting has become so popular in recent years? How do you think the widespread availability of online betting platforms has influenced the total amount wagered on sports? In what ways could sports betting impact an individual’s personal finances, both positively and negatively?
US election betting strikes it big as prediction markets surge
Post-debate bets… are now table stakes. A federal judge sided with a New York prediction market that had been fighting regulators over election-related...
Examining sports gambling's rise in popularity with teens
With the MLB's opening day and NBA's March Madness, experts say they have noticed an alarming rise in debt with teens placing bets online. Valerie Castro speaks to some young gamblers on what they're seeing in their circles, and how popular sports betting has become.
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Earlier this month, DraftKings said it would introduce a surcharge on users in states where taxes on sports betting are highest. FanDuel wouldn't follow suit.