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X @The Economist
The Economist· 2025-07-14 18:40
A seemingly modest clause deep in the 330-page bill appears poised to wipe out professional gambling entirely https://t.co/qJs0HeRnm6 ...
X @The Economist
The Economist· 2025-07-12 00:20
A seemingly modest clause deep in the 330-page bill appears poised to wipe out professional gambling entirely https://t.co/JXBdYopeQv ...
X @Bloomberg
Bloomberg· 2025-07-10 17:54
The modern way to gamble is through the financial markets, and people like betting on sports, so of course the modern way to gamble on sports is through the financial markets. (via @opinion) https://t.co/2iOU2VAvgZ ...
'Sweepstakes gaming' faces bans in states: Here's what you need to know
CNBC Television· 2025-07-10 12:30
In a world with no sure bets, uh it seems safe to say that the interest in gambling will keep growing. Uh Contessa, the sweep stakes is back. What.Well, you know, look, we are watching the growth in the gambling landcape just morph and change around the United States. It's a it's happening at a dramatic pace with ways to wager that go way beyond a sports book or a slot machine. For instance, you have Joe these sweep stakes gaming where players use virtual coins, but they can also buy in with real money to p ...
Prediction markets have become a barometer for investors, says WSJ's Gunjan Banerji
CNBC Television· 2025-07-10 11:54
Wall Street Journal's Gunjan Banerjee is also a CNBC contributor and joins me now. I'm looking right now on Koshi's homepage, Gungeon, and the trending topics because predictions are more than just about sports, which is not a settled issue, but how high will Bitcoin get this month. 33% say 120 or above.We're getting closer. The New York City mayoral race. In what way do you think predictions and the rise of the predictions markets might give investors another data point to consider.Thanks Contessa. You kno ...
X @Andy
Andy· 2025-07-09 11:11
The current crypto VC investing barbell:1) Tokenization & stablecoins:There is a new cohort of founders entering the industry with backgrounds from Stripe, PayPal, Meta and others. These founders are extremely impressive on paper, have strong experience with fintech and understand how to build real revenue-producing businesses at scale.Investing in this category requires an understanding of traditional payment rails, the entire money transfer process and where there is room for disruption. It also requires ...
X @IcoBeast.eth🦇🔊
IcoBeast.eth🦇🔊· 2025-07-06 01:00
Gambling as not only normalized behavior, but encouraged and expected behavior.Study the rapid proliferation of sports gambling and 0DTE options.Long consumer gambling apps and synthetic replacements for human connection:- Robinhood- Euphoria, Noise- Fantasy sports (including parasocial fantasy sports - aka Fantasy Top)- Synthetic intimacy - OF/related parasocial relationships- then some product that doesn’t exist yet that lets people gamble against their debts using their future physical labor as collatera ...
X @Decrypt
Decrypt· 2025-07-01 17:07
RT GG (@ggDecrypt)'Reset Button for the Degen Soul': Ethereum Coin Flip Game Pairs Gambling With AI-Powered Vibes► https://t.co/4g2BlqBlcG https://t.co/4g2BlqBlcG ...
Macao gaming stocks pop
CNBC Television· 2025-07-01 15:17
Macau Gaming Revenue Resurgence - Macau's gambling sector is experiencing a post-pandemic recovery, with June gross gaming revenue showing a 19% year-over-year improvement [1] - June gambling revenue reached $26 billion [2] - Gaming revenue jump may be a result of promotional spending [3] - Macau has not yet returned to pre-pandemic levels, making future earnings reports crucial for insight [4] Stock Market Impact - Casino stocks with Macau exposure are rising, including Wind (up 8%), Las Vegas Sands (up 8%), Melco (up 11%), and MGM Resorts (up 6%) [2] - Melco has seen gains of 52% over the last 3 months [3] Diversification Efforts - Macau is attempting to diversify its economy beyond gambling, focusing on shows and events like NBA exhibition games [5][6] - The success of attracting non-gambling spending is yet to be determined [6] Economic Factors - The Chinese macro backdrop remains a key consideration for Macau casinos [4] - There can be a divergence between the Chinese economy and gambling activity in Macau, as it is fueled by serious gamblers [5]
X @The Wall Street Journal
Free-agent guard Malik Beasley is under investigation by the Eastern District of New York for a gambling-related matter, putting a potential $42 million contract with the Detroit Pistons on hold https://t.co/p6qSwdhWdC ...