Sports legend LeBron James speaking at the CNBC Game Plan Summit in New York City on July 16, 2026. Shea Kastriner | CNBC Superstar athlete LeBron James teased an upcoming partnership with prediction market platform Polymarket in a social media post on Saturday. James posted a 14-second video on social media platform X that appeared…
Premier League clubs are starting the new season without gambling companies on the front of their matchday shirts, as a league-wide restriction takes effect. The change has forced eight of the league’s 20 clubs to find new front-of-shirt partners for the 2026/27 season, putting some of the most valuable advertising real estate in global sports…
Michael Rubin, Founder and CEO of Fanatics, speaking at the CNBC Game Plan Summit in New York City on July 16th, 2026. Shea Kastriner | CNBC Since founding Fanatics in 2011, Michael Rubin has built the company from a small online retailer of sports merchandise and apparel into a massive global sports platform. Not only…
Prediction markets ETFs may soon be coming to retail investors and even into retirement plans, but maybe just not as fast as anticipated. The Securities and Exchange Commission during the second Trump administration has sought to distinguish itself from Biden era regulators with what it calls a move away from the “regulatory creep” that it…
Amy Howe, chief executive officer of FanDuel Inc., at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Tuesday, April 14, 2026. Aaron Schwartz | Bloomberg | Getty Images FanDuel CEO Amy Howe has been ousted from that post after five years at…
The biggest horse race in the country, the Kentucky Derby, takes place Saturday in Louisville. If you’re looking to make a wager on Kalshi, Polymarket or another prediction platform around the event — you’re out of luck. There are no Kentucky Derby event contracts offered on the major prediction platforms, which host contracts on everything…
“Bets Off Act” signage as Representative Greg Casar, a Democrat from Texas, left, and Senator Chris Murphy, a Democrat from Connecticut, speak during a news conference at the US Capitol in Washington, DC, US, on Tuesday, March 17, 2026. Stefani Reynolds | Bloomberg | Getty Images The U.S. Senate on Thursday unanimously passed a rule…
Rep. Seth Moulton, D-Mass., arrives for the House Democrats’ caucus meeting in the Capitol on Thursday, Nov. 15, 2018. Bill Clark | CQ-Roll Call Group | Getty Images A group of House Democrats pressed the Commodity Futures Trading Commission in a letter sent late Monday on why the agency has not cracked down on bets…
Samuel Boivin | Nurphoto | Getty Images Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. Rep. Seth Moulton, D-Mass., decried the Polymarket page that allowed users to bet on which day the U.S. would confirm the rescue of…
Rec Room, once known as a promising giant in the world of social gaming, announced It will shut down its platform on Monday, June 1. If you are a fan of this platform or have ever spent time creating or exploring its virtual worlds, this news will probably come as a great shock to you….
