Bettors won big in the World Cup group stage, leaving the US sportsbook operator DraftKings out of pocket by around $50 million, per Bank of America.
The winning payouts may have taken a sizable chunk out of DraftKings’ estimated $1.1 billion total betting handle, as forecasted pre-tournament by Deutsche Bank. Big wins for the bettors resulted in significant losses for DraftKings during the World Cup group stage matches.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
England vs. Argentina kicks off in the World Cup Semifinals at 3 p.m. ET on FOX from Mercedes-Benz Stadium in Atlanta, Georgia.
