Kalshi, a prediction market site, has sparked outrage after freezing $54 million in bets on the death of Iranian leader Ayatollah Ali Khamenei, citing a rule against profiting from death.

As the world became aware that the US and Israel had conducted strikes against Iran, many were discovering for the first time that traders were wagering on outcomes related to those strikes.

Was ESPN Bet doomed from the start? The worldwide leader in sports has failed to gain any traction for its sports betting platform.

Sports trading in general is off to a bit of a slow start at the prediction market platform.

Before we get going here let me just start off by saying this is the last blog I'm writing about this subject. I don't care if anymore updates come out of it. I am so ungodly sick of this story and ca...

Early December numbers are not looking great for US sportsbooks. Plus a roundup of gambling industry news.

Venu Sports, the embattled sports-streaming service whose big ambitions never made it to a public debut, is no more.