Detroit Lions first-round pick Jameson Williams was one of five NFL players suspended for violations of the league’s betting policy. Four Lions’ players and “multiple business and football” employees were identified by the NFL in the league’s most significant crackdown in the online betting era. The Lions said they fully cooperated with the NFL investigation…
Year After Sports Betting Legalized, Ontarians Wager Over $11.5 Billion in One Quarter
Nearly one year after sports betting was legalized in Canada, Ontarians wagered more than $11.5 billion on sports gambling in the fiscal quarter ending Dec. 31, 2022, an increase of 91 percent over the previous quarter. According to iGaming Ontario, the province’s internet-gambling regulator, the total net revenue in Ontario was $457 million over the…
America Needs Political Prediction Markets
September 27, 2022
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bettingbetting marketCommodity Futures Trading CommissionOpinionpolitical bettingpolitical pollspollingPredictItViewpoints
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Commentary Just in time for the heat of the election season, a federal agency called the Commodity Futures Trading Commission has announced it will no longer allow betting on political and election outcomes. These online wagering platforms, most notably PredictIt, allow betting on all sorts of political outcomes: the odds that Republicans win the Senate…
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