The Washington Post ran an investigation last week and the finding was so obvious it felt like a prank. Using AI to analyze roughly 90,000 video frames across 50 hours of live sports TV, they found that gambling-related content appears every four minutes on average. Twenty-seven percent of one-minute segments contained something gambling-related. One hundredContinue reading “Gambling Ads Are Now on Screen Every Four Minutes. We’ve All Just Accepted This.”
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Kalshi Is Running a Sportsbook and Calling It a ‘Prediction Market’ — And States Are Fighting Back
Kalshi raised $1 billion yesterday. Sequoia, a16z, and Coatue handed it over at a $22 billion valuation — making Kalshi one of the most richly valued companies in the prediction market space, or the sports betting space, depending on which regulator you ask. Arizona says the second one, and they’ve filed 20 criminal misdemeanor countsContinue reading “Kalshi Is Running a Sportsbook and Calling It a ‘Prediction Market’ — And States Are Fighting Back”
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