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7 mins read

A 'frictionless' gold rush: How online sports betting swept the nation in less than 4 years

"It's men ages 22 to 50, white, college educated, have disposable income … That's who's betting," a…

Jake Lahut   


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1 min read

DraftKings sinks 12% after short-seller report claims online sports betting company is hiding illegal activity

"This report is written by someone who is short on DraftKings stock with an incentive to drive down…

Ethan Wu   


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1 min read

A former manager at a major crypto exchange is accused of making illegal trades to bank $5 million in tether, report says

Boliang reportedly made a retail account in his father's name and then deposited $20 million of cre…

Matthew Fox   


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4 mins read

6 bets that look smart heading into the first weekend of March Madness

No. 16 Georgia State probably isn't going to beat No. 1 Gonzaga, but they could cover the spread.

Tyler Lauletta   


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2 mins read

A betting company boss took a pay cut, but still collected $318 million – making her one of the world's best-paid executives

Denise Coates has earned almost £1.5 billion since 2016 from Bet365, which she founded and runs, Th…

Stephanie Stacey   


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2 mins read

Investors used the crypto crash after China's ban to buy the most bitcoin in four months last week: CoinShares

Investment in bitcoin hit its highest in four months in the week to September 24, when China announ…

Camomile Shumba   


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1 min read

Hindenburg Research reveals DraftKings short position, says company is hiding black market operations

The short seller says up to 50% of DraftKing's SPAC partner SBTech's revenue comes from markets whe…

Will Daniel   


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4 mins read

Alibaba, Tencent, and other Chinese players are betting big on the metaverse — but the government is yet to buy into the hype

This even as industry leaders in the country — including the Ant Group and Tencent Holdings — re…

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2 mins read

Dispensaries selling illegal magic mushrooms in Vancouver could lead to the legalization of the substance, like they did with cannabis, shop keeper says

"If you're like me, and you're willing to take a risk and kind of push it forward, you find the res…

Gabrielle Bienasz   


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3 mins read

A new way to bet on the cannabis boom

Welcome to Insider Cannabis, where we're bringing you an inside look at the deals, trends, and pers…

Jeremy Berke   


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3 mins read

Sanjeev Chawla, the man behind the Hansie Cronje match fixing scandal, who opened a dark door of scams in cricket crazy India

The scandal itself however is 20 years old, an era before IPL began and one-day matches were…

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2 mins read

A short-seller who took on Wirecard is betting against Tesla, saying its price is out of whack with Toyota and VW

Elon Musk's Tesla has been the scourge of short-sellers, but Fraser Perring is jumping back in.

Harry Robertson   


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2 mins read

Janet Yellen suggests 'curtailing' cryptocurrencies such as Bitcoin, saying they are mainly used for illegal financing

Janet Yellen, Joe Biden's nominee for treasury secretary, suggested the administration could be tou…

Harry Robertson   


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2 mins read

Sports betting, gambling might turn into a regulated, taxed activity in India

However, the panel decided that since betting and gambling are intertwined, the law could be e…

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2 mins read

Coyotes who ingested illegal drugs could be behind a rise in vicious attacks at a city park, expert says

Coyotes in Stanley Park, Vancouver, bit two people during a picnic, injured a five-year-old child, …

Sophia Ankel   


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4 mins read

Mexico's Sinaloa cartel built an empire on cocaine, but it's betting on another drug to feed US appetites

"If they want harder drugs, we will produce them and smuggle them ... You have to give the client w…

Luis Chaparro   


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2 mins read

These are the 15 buzziest cannabis startups to bet on in 2020, according to top investors

In order to put together this list, Business Insider interviewed 15 cannabis-focused venture and pr…

Jeremy Berke,Yeji Jesse Lee   


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1 min read

In first IPL post demonetisation, bookies have gone ‘digital’ in their transactions

With the rise of IPL came a generation of younger bookies and bettors, who started to place b…

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2 mins read

Here’s what you need to know about ‘legalised’ cricket betting

It was a few days before the ongoing India-Australia series that bookies (a slang for bookmakers wh…

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2 mins read

Traders betting against Tesla are down more than $25 billion this year amid the stock's record-breaking rally

Tesla is still the largest short in the US market, with $21.31 billion in short interest and 10.65 …

Carmen Reinicke