#onlinegambling — Public Fediverse posts

NPR: After bankruptcy, he was banned from sports betting sites. Then he discovered Kalshi. “Kalshi and its main competitor, Polymarket, have launched aggressive nationwide advertising campaigns, including in states where online sports gambling is illegal. And since the sites have not sought approval by states, they do not follow state-mandated protections for people with gambling addictions who […]

Associated Press: Mormon leader decries explosion in sports betting, prediction markets. “A leader of The Church of Jesus Christ of Latter-day Saints warned Saturday that an explosion in gambling driven by online prediction markets and sports betting is fostering greed, particularly among youths, while producing ‘nothing of value.'”