Kalshi, the leading prediction market, is grappling with legal issues in Nevada and Arizona while experiencing significant growth in user engagement and trading volume.
Tag: sports betting
Bettor Turns $120 Wager into $2,280 Amid UConn’s NCAA Tournament Upset
A bettor’s $120 wager on UConn’s victory over Duke in the NCAA Tournament resulted in a payout of $2,280, showcasing the growing trend of online betting.
Fanatics Faces Legal Victory as Lawsuit Dismissed
A federal judge has dismissed a class-action lawsuit against Fanatics, which claimed the company conspired to monopolize trading card licenses. The lawsuit’s dismissal allows for potential re-filing.
Prizepicks: Breaking News: Offers $50 Bonus Amidst Cavaliers vs. Heat Showdown
PrizePicks is making headlines with a $50 bonus for new users as the Cavaliers prepare to face the struggling Heat in the NCAA Tournament.