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3 mins read

Sports betting is the next frontier for Wall Street's smartest quants to conquer

Trading giant Susquehanna and other quants are diving into sports betting — making it harder for th…

Bradley Saacks   


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7 mins read

Legalized sports betting is creating a disastrous doom loop

From huge debts to repossessed cars, a new study shows that legalized sports gambling is bankruptin…

Emily Stewart   


Business Insider Latest Story Image
2 mins read

The rise of legal sports gambling is coming at the expense of stock investing, new study shows

Household investments are reduced by roughly $2 for ever dollar wagered, the researchers found.

Filip De Mott   


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2 mins read

The election is over, but bettors are still wagering on these 8 political predictions

Prediction markets suggest the 2028 Presidential matchup will be between California Governor Gavin …

Matthew Fox   


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2 mins read

The election-betting market has exploded in popularity this presidential cycle

"I think we're gunning for number one for the entire app store by election day, so the demand curve…

Matthew Fox   


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5 mins read

Betting on the election is the hottest new trend. But can prediction markets keep the momentum going?

Platforms like Kalshi and Polymarket are reshaping election analysis through prediction markets, an…

Dan DeFrancesco   


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1 min read

Sports leagues got millions in betting company sponsorships. Then came the gambling scandals.

As sports-betting has become increasingly lucrative and commonplace, a series of scandals starring …

Geoff Weiss   


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1 min read

Seeking nominations for our inaugural list of sports betting's rising stars

Business Insider is compiling its first list of rising stars in the US sports-betting industry. Sub…

Ashley Rodriguez,Tiara White   


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2 mins read

Wealthy sports fans can now put money into investments tied to their favorite leagues

High-net-worth fans can put money into a Morgan Stanley index of companies tied to their favorite l…

Kelly Cloonan   


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2 mins read

Shohei Ohtani's ex-interpreter was really bad at sports betting, according to court documents

Ippei Mizuhara, Shoehei Ohtani's ex-interpreter, had a negative balance of $40.7 million, prosecuto…

Lloyd Lee   


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2 mins read

X is aiming to be the next hub for sports betting, report says

Just over two weeks before Super Bowl LVIII, X inked a deal to display BetMGM sports betting statis…

Katherine Tangalakis-Lippert   


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11 mins read

Rob McElhenney is betting on himself

"Always Sunny in Philadelphia" creator Rob McElhenney opens up about "Welcome to Wrexham," raising …

Samantha Rollins,Lucia Moses   


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5 mins read

Sports gambling is taking a toll on Americans' finances

The sports betting boom is hurting the finances of some low-income Americans.

Jacob Zinkula   


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3 mins read

Why prediction markets can be more accurate than polls at predicting election results

Prediction markets are quicker to respond to new events than polling, and bettors are often highly …

Kelly Cloonan   


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1 min read

Netflix's new bet on live sports: having YouTuber Jake Paul fight Mike Tyson

Jake Paul and Mike Tyson will fight on July 20 in Texas, the latest in a push by Netflix for more l…

Geoff Weiss   


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3 mins read

The Apple Sports app still doesn't make any sense

When one of the world's most valuable companies makes a thing, it should have a good reason why. So…

Peter Kafka   


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1 min read

PENN Entertainment stock jumps 20% after striking $2 billion sports-betting deal with ESPN

Penn Entertainment will partner will ESPN to launch ESPN Bets, a new US-based sports-betting platfo…

Jennifer Sor   


Business Insider Latest Story Image
4 mins read

Sports gambling is bigger than ever. It's also gotten incredibly weird.

The legalization of online sports betting has thrust the industry in the mainstream. But the market…

Dan DeFrancesco   


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4 mins read

Trump is basically calling himself the Steph Curry of golf, sport experts say

Donald Trump loves to talk up his golf skills. But his recent claims around his game have many in t…

Lloyd Lee   


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1 min read

MLB bans Padres player for betting on his team's games

Tucupita Marcano bet on 25 Pittsburgh Pirates games while a member of the team, the MLB said when d…

Geoff Weiss