Kalshi backing down from transfer portal betting after severe backlash
"Real catastrophic stuff if it's allowed to proceed"
"Real catastrophic stuff if it's allowed to proceed"
The NFL has submitted written testimony to Congress expressing serious concerns over the rise of prediction markets.
X reclassified Hughes's account as parody, and his Kalshi partnership icon disappeared on Monday.
"That's the worst beat of all time! That is cheating! What the f**k?!?"
"I’m proud of what we’ve built so far and motivated to keep bringing clarity and real insights to the sports betting space.”
Long live ESPN Bet.
"By operating unlicensed sports betting, Kalshi has violated gambling laws, engaged in illegal deceptive activity, and unjustly enriched itself at the expense of tens of thousands of consumers."
"They said, 'We didn’t think you would develop everything that you did.'"
"They're convincing people to watch these games not because of these teams involved or the quality of the players, but because there are these other things to root for."
"The question would really go back to both the companies and them as individuals. Were they being paid to put out those videos?"
Gambling scandals have hit both the NBA and Major League Baseball in recent weeks. And the NFL is...
"ESPN will be on TV, and they’re arguing over these things happening. But let’s break away now for FanDuel, let’s break away for MGM."
Ohio Governor Mike DeWine called on other leagues to follow suit.
"They paid a lot of money to get results — big results from ESPN — and they weren't even close."
ESPN and Penn announced that they have mutually terminated their partnership.
"I don't understand how they get away with it, but it is what it is."
"That’s something I’m proud to be a part of."
"You can't have it both ways."
The move couldn't come at a worse time, as gambling's impact on major sports leagues is under scrutiny.
Arenas proudly fueled speculation that he snitched on Chauncey Billups after the Trail Blazers coach was arrested Thursday in a gambling probe.
Kenny Smith and Charles Barkley had different takes on the NBA gambling scandal involving Terry Rozier and Chauncey Billups.
Talk about awkward timing...
A press conference is scheduled for 10 a.m. ET.