wagers – NewsNow

Connecticut targets Kalshi, Robinhood, and Crypto.com for offering illegal sports wagers

December 4, 2025 by DON

Key Takeaways Connecticut ordered Robinhood, Crypto.com, and Kalshi to stop unlicensed online sports wagering. The platforms’ activities exposed consumers to risks due to lack of state oversight and protections. Share this article Connecticut has taken enforcement action against KalshiEX, Robinhood Derivatives, and Crypto.com, directing the companies to cease offering illegal sports betting products in the … Read more

$125,000 Bitcoin by End of July? Polymarket Wagers Say Yes

July 22, 2025 by DON

Everyone buys BTC ▼-0.06% at the price they deserve, and Polymarket soon believes that will be $125,000. A majority now backs BTC to clear $125,000 before July’s clock runs out; another sign that institutional and retail euphoria is outpacing caution as crypto legislation takes shape in D.C. Current odds show 36% betting on a $125K breakout, … Read more

Tesla’s robotaxi service launched last week—but wagers on Polymarket are set to expire worthless

June 30, 2025 by DON

Tesla’s autonomous ride hailing service went live just over a week ago with nearly a dozen robotaxis shuttling passengers in downtown Austin. Tesla influencers from across the country descended upon the Texan capital to participate in the historic event—assuming they were lucky enough to nab a coveted invite. In a basic sense, CEO Elon Musk … Read more

Crypto wagers generated over $81b in gaming revenue in 2024 alone despite legal barriers: report

April 21, 2025 by DON

New data shows crypto gambling is booming, with $81.4 billion in gross gaming revenue last year, despite being illegal in most regions. Crypto casinos have experienced explosive growth, with 2024 wagers generating over $81.4 billion in gross gaming revenue, a fivefold increase from 2022, according to YieldSec data reported by the Financial Times. Although crypto … Read more