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Category gambling

DRW’s Don Wilson: Regulators Are Misjudging Perpetual Futures as Risky Gambling

DRW’s Don Wilson: Regulators Are Misjudging Perpetual Futures as Risky Gambling

DRW CEO Don Wilson argues that perpetual futures are not inherently risky gambling tools, urging regulators and traditional markets to embrace them...
Legacy sportsbooks are chasing prediction markets that already trade billions each month

Legacy sportsbooks are chasing prediction markets that already trade billions each month

DraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it saw. The company's Form 8-K ...
New York Sues Coinbase and Gemini Over Alleged Illegal Prediction Market Gambling Operations

New York Sues Coinbase and Gemini Over Alleged Illegal Prediction Market Gambling Operations

Bitcoin Magazine New York Sues Coinbase and Gemini Over Alleged Illegal Prediction Market Gambling Operations New York Attorney General Letitia Ja...
The bets that made crypto prediction markets popular could now be banned

The bets that made crypto prediction markets popular could now be banned

Prediction markets spent years trying to present themselves as smarter, better, and more useful than straight-out gambling. Then sports arrived and...
Megapot’s Revolutionary $5M Funding Fuels Blockchain Lottery Expansion with Superior Odds

Megapot’s Revolutionary $5M Funding Fuels Blockchain Lottery Expansion with Superior Odds

BitcoinWorld Megapot’s Revolutionary $5M Funding Fuels Blockchain Lottery Expansion with Superior Odds In a significant development for the crypto...