MARKETS 60-second read
Kalshi does $19bn in one week, mostly sports, not politics
Kalshi's $19bn trading week was driven by sports parlays, not elections, & the real cash spent was far lower.
InfoBets: Betting news in 60 seconds
$1.4 million
stolen by gambling helpline director from former employer
Philip Lee Sullivan stole $1.4 million from Royal American before later becoming director of a Florida gambling helpline, according to Casino.org.
One figure a day from the record of an InfoBets story. Every number so far.
Most read
This week- Implied probability: turn betting odds into a percentage
- Robinhood to offer Cboe earnings bets on Apple, Tesla
- Betway wins most New Zealand online licence slots
- Oscar winner Bigelow directs Polymarket’s election ads
- Betfred profit £64m as UK tax hikes close shops
- KTO head of affiliates says firm closing, founder says no
- Crypto.com & Robinhood Take Sports Contracts Fight to Supreme Court
- Bryn Kenney sues GGPoker’s Kim for tens of millions
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Last 7 daysEarlier
The stories before that- BUSINESSNBA restricts first-basket & under-parlay player props
- REGULATIONUS lawmakers target colleges fielding athletes who bet on games
- BUSINESSFanatics CEO sees $7bn betting ad spend in 2027
- COURTSFanDuel co-founder Eccles wins key shareholder ruling
- REGULATIONNBA & sportsbooks ban same-player under parlays
- REGULATIONLabour MPs & big operators collide over gambling tax rise
- BUSINESSMiriam Adelson gives $25m to Trump’s White House ballroom
- REGULATIONBrazil lawmakers file 97 amendments to betting ban
- REGULATIONWildz becomes first holder of Finnish iGaming licence
- COURTSThousands of German bettors could claim back casino losses
