According to recent data, gambling has become Americans’ favorite pastime, as people are collectively spending vastly more money on wagering than on other popular forms of entertainment, such as music or going to the cinema.
A Russian gambling industry chief has criticized a lawyer and political activist for suggesting fines on residents using online casinos.
Swedish gaming operator AB Trav och Galopp (ATG) appoints Anna Romboli, a former Svenska Spel member, as its new CEO.
The latest spate of layoffs in the gambling industry continues, with the operator FanDuel reportedly telling staff last week that hundreds would be let go.
The European Union is considering implementing a gambling levy to generate additional revenue amidst geopolitical uncertainty.
Hedge fund managers have found a new cash cow in the gambling industry, making $2.3 billion this year alone by shorting positions against companies like Flutter and DraftKings.
At the start of the month, Macquarie analyst Chad Beynon argued that DraftKings has experienced one of the most impressive structural growth trends in the gambling industry in recent years, largely due to its focus on prediction markets.
The period of May to August 2026 will see Sweden’s gambling industry enter a new era of compliance and regulatory control imposed by the Gambling Inspectorate, Spelinspektionen, and the Ministry of Finance, Finansdepartementet.
With the Kentucky Derby set for Saturday, Churchill Downs has been in the headlines this week. So too, as always, have prediction markets.
