The prediction market bubble is already here

Tech Insider : Economy, Business, Crypto
A football-shaped balloon and a money-shaped balloon floating with a hand holding a needle, almost popping.

Getty Images; Alyssa Powell/BI

Giannis Antetokounmpo invests in Kalshi, a day after fans traded over $23 million on his NBA future

Tech Insider : Sports, Business
Giannis Antetokounmpo
Giannis Antetokounmpo is a Kalshi shareholder.

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ESPN's failed bet says everything about sports gambling in 2025

Tech Insider : Sports, Sports, Business
A football game between the Atlanta Falcons and the Buffalo Bills on October 13, 2025
A new deal means sports bettors who watch ESPN broadcasts - like October's Monday Night Football matchup between the Atlanta Falcons and the Buffalo Bills — will be directed to DraftKings, and not the "ESPN Bet" brand the company had created with Penn Entertainment.

David J. Griffin/Icon Sportswire via Getty Images

The whole economy is a casino. Businesses like Kalshi, Polymarket, and FanDuel are cashing in.

Tech Insider : Economy, Business, Crypto
A person holding playing cars that have

Getty Images; Tyler Le/BI

From trick contact lenses to NBA 'Face Cards' — how the mob allegedly rigged high-stakes poker games

Tech Insider : Business, Sports, Technology
Chauncey Billups
Chauncey Billups, the coach of the Portland Trail Blazers, was accused of taking part in a criminal poker ring.

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Why the NBA sports betting scandal could be 'the tip of the iceberg'

Tech Insider : Sports, Sports, Business
Terry Rozier
Terry Rozier of the NBA's Miami Heat was arrested as part of the FBI's sports betting investigation.

Tomas Diniz Santos/Getty Images

How illegal sports betting actually works

Tech Insider : Sports, Business, Style

Owen Hanson is a former college athlete who ran an illegal sports betting company and later expanded into international cartel-backed money laundering and drug trafficking.

Jimmy Pitaro breaks down ESPN's streaming gamble — and why it took so long

Tech Insider : Sports, Business, Technology
ESPN head Jimmy Pitaro speaks onstage at a company event, 2018
ESPN boss Jimmy Pitaro wants you to start streaming his service - unless you already have a cable TV subscription.

Meg Oliphant/Getty Images

I make $3,000 a month by sports betting 2 hours a day — my arbitrage strategy has minimized risk

Tech Insider : Business, Crypto, Economy
James Crosby sits at his desk with his sportsbook pages open.
James Crosby told Business Insider he spends about an hour or two a day placing arbitrage bets on sites like FanDuel and DraftKings and has earned about $8,500 in three months.

James Crosby

2024 was the year America started to bet on everything

Tech Insider : Economy, Business, Crypto
An American flag with dice instead of stars

iStock; Rebecca Zisser/BI

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