Kalshi Faces Block in Massachusetts Sports Crackdown

Kalshi Faces Block in Massachusetts Sports Crackdown

A Massachusetts judge is deciding whether to block Kalshi from letting people bet on sports games, questioning if Wall Street financial rules really should apply to predicting who wins a sports game. Kalshi claims it runs a federally regulated trading platform, but the state argues … Read more

DraftKings Shows Financial Growth With The Release Of Q3 Report

DraftKings Stock

DraftKings has increased its year-on-year revenue growth by almost 100% for its third quarter their reports show. The sports betting company attributes this tremendous increase to many different factors, one of which being that they are now live in ten states with a mobile platform. … Read more

DraftKings Goes Public On Nasdaq Stock Exchange

NASDAQ - DraftKings

DraftKings is now on the Nasdaq Stock Exchange under the abbreviation DKNGW. The company became the first of its kind to reach the market floor on Friday. BOSTON – DraftKings has made it to the floor of the Wall Street Stock Exchange after officially merging … Read more

How Betting On Sports And Trading Stocks Could Merge In 2020

Betting Exchanges

Tradesports, a sports-betting exchange platform, will begin its beta testing phase this week. The testing phase will use three separate NFL games where people will be able to try out this new form of wagering on the games for free. With the popularity of sports … Read more