Category Archives: Sports Betting

Underdog launches team parlays to challenge multi-pick sports betting markets trend

Underdog launches team parlays to challenge multi-pick sports betting markets trend Brian-Damien Morgan   Suswati Basu     Betting and stats giant Underdog has launched a new team parlays feature to rival the growing trend of multi-pick wagers on event contracts. A traditional Same Game Parlay (SGP) in the licensed sports betting world includes lines … Continue reading Underdog launches team parlays to challenge multi-pick sports betting markets trend

FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting

FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting Joel Loynds   Suswati Basu     FanDuel has been hit with a CAD 350,000 ($ 252,000) penalty from the Alcohol and Gaming Commission of Ontario (AGCO). The fine comes as the Canadian arm of the sports gambling giant failed to tackle match … Continue reading FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting

US Congressman raises concerns about Kalshi/CNN partnership in public letter

US Congressman raises concerns about Kalshi/CNN partnership in public letter Rachael Davies     Congressman Abe Hamadeh has shared concerns about the partnership between Kalshi and CNN, highlighting “threats to market integrity, democratic stability, and American national security”. Congressman Abe Hamadeh wrote a letter to Acting Chairwoman of the Commodity Futures Trading Commission, Caroline D. … Continue reading US Congressman raises concerns about Kalshi/CNN partnership in public letter

Americans are expected to spend $30 billion betting on the upcoming NFL season

Americans are expected to spend $30 billion betting on the upcoming NFL season Rachael Davies The American Gaming Association (AGA) has estimated that Americans will spend a collective $ 30 billion on NFL bets in the 2025 season. Data from the AGA estimates that Americans will wager $ 30 billion on the upcoming 2025 NFL … Continue reading Americans are expected to spend $30 billion betting on the upcoming NFL season