Posts by Bryce Meades
Gambling Stocks Tumbling After Post-COVID Highs
DraftKings (DKNG), Caesars (CZR), Penn Entertainment (PENN), Bally’s (BALY), and Gambling.com (GAMB) all saw major spikes between 2020-2021. Since then, many gambling stocks have fallen in the market, with PENN down nearly 75% from its 5-year high. The gambling industry now faces a credibility reset, with cautious sentiment and realistic valuations. LAS VEGAS – Stocks…
Read MoreCrypto.com Can’t Offer Sports Swaps in Nevada Court Rules
Nevada Judge Andrew Gordon denies Crypto.com’s request to offer sports betting contracts, citing state gaming authority over event-based prediction markets. Federal vs state regulation of crypto sports markets is a continued conflict for operators in Nevada, with Crypto.com argues its offerings are federally regulated “Swaps”. CARSON CITY, Nev. – Crypto betting platforms face increased scrutiny…
Read MoreKansas Gambling Survey: Negative Health Impacts Increasing
A 2025 Kansas gambling addiction survey revealed that 20% of Kansans now fall into the “high-risk” gambling category, with 70% of those surveyed having gambled at least once in 2025. The rise in gambling is likely tied to the expansion of online and retail sports betting, which was legalized in Kansas in 2022 with SB…
Read MoreRobinhood Partners With Kalshi To Expand NFL Bets
Robinhood is set to launch collegiate and professional football predictions markets directly within the app. This includes all NFL and NCAA Power 4 conference regular season games. MENLO PARK, Calif. – Robinhood announced Tuesday it will be expanding its prediction markets to include professional and college football. These new offerings will allow users to trade…
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