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☆ Americans are able to bet on the US elections again after a legal fight
▼ + stars: | 2024-10-03 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Americans can bet on the outcome of US elections following a legal fight. Last month, Kalshi briefly listed bets on congressional election outcomes before the CFTC shut them down. On Wednesday, prediction market Kalshi got the go-ahead to take bets on congressional elections after a months-long legal battle with the Commodity Futures Trading Commission. That makes it one of the only options for Americans to bet on election outcomes, and the only legal one for Americans to wager large amounts of money. The court's decision comes just five weeks before the elections, and follows years of legal battles between prediction markets and the CFTC.

Persons: Kalshi, —, CoinDesk, Harry Crane Organizations: CFTC, Service, Futures Trading Commission, Federal, Kalshi, Senate, Rutgers University Locations: New York, New Zealand

☆ I walked away from a dream six-figure UX job where I felt disrespected. Now I freelance and have no regrets.
▼ + stars: | 2024-08-02 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +8 min

Read previewThis as-told-to essay is based on a conversation with Eleni Trapp, a 26-year-old UX designer from Florida who left her corporate job to freelance. Now, I'm a freelance UX designer who gets to write my own rules. As a UX designer, my job would be to transition their brick-and-mortar business into the digital landscape. I knew I wouldn't be happy settling into another corporate job so I decided to take a chance on freelancing. AdvertisementI'm building a space to channel my feminine rageAs I continue to freelance, I'm also building a business I'm endlessly passionate about.

Persons: —, Eleni Trapp, It's, I'm, hadn't, I'd, wasn't, I've, Trapp, Tess Martinelli Organizations: Service, Business, LinkedIn Locations: Florida, tmartinelli@insider.com

☆ What is China’s ‘monster’ coast guard ship and why is the Philippines spooked by it?
▼ + stars: | 2024-07-08 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

“It’s an intimidation on the part of the China Coast Guard,” Tarriela said during a forum on Saturday, according to a Reuters report. Powell and other analysts say intimidation is one of the main jobs of the CCG-5901, which is larger than any regular coast guard ship in the world (a specialty US Coast Guard icebreaker is bigger) and even outsizes US Navy destroyers. The US Coast Guard, for instance, is part of the US Department of Homeland Security, not the Defense Department, although US Coast Guard vessels can come under US Navy control in certain scenarios. The China Coast Guard is part of the country’s People’s Armed Police, which is under the command of the Central Military Commission. The China Coast Guard “doesn’t want to be outdone thus this monster came along to show who’s got a bigger set of muscles,” Koh said.

Persons: ”, Jay Tarriela, Sabina Shoal, Tarriela, BRP Teresa Magbanua, “, ” Tarriela, “ We’re, we’re, Shoal, wasn’t, Ray Powell, SeaLight, ” Powell, Powell, Arleigh Burke, ‘, ” Carl Schuster, Collin Koh, Teresa Magbanua, who’s, ” Koh Organizations: CNN, Philippine, Philippine Coast Guard, China Coast Guard, United, Coast, National Security, BRP, Stanford University, Coast Guard, US, Guard’s National Security Cutters, Chinese Coast Guard, CNN Coast, US Coast Guard, US Department of Homeland Security, Defense Department, Armed Police, Central Military Commission, Analysts, Pacific Command’s Joint Intelligence Center, Guard, Rajaratnam, of International Studies Locations: China, Philippines, Beijing, Manila, South China, Sabina, Spratly, Philippine, Palawan, The Hague, Singapore

☆ How the US became hooked on sports betting – and the cost it’s having on lives
▼ + stars: | 2024-05-03 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +11 min

“I noticed all my memories were really gambling related,” Malek explains to CNN Sport. So right where the AGA and the National Council for Problem Gambling is located – the nation’s capital – they abolished all public funds for problem gambling,” adds Whyte. Ramon Zelaya, the moderator of Reddit’s problem gambling forum, concurs. “I think the pace of innovation right now, particularly as it relates to fan engagement and betting, and in play betting and live betting will continue to increase,” said Maloney. Reportedly there were two specific games in which DraftKings Sportsbook flagged prop bets involving Porter in its daily betting insights.

Persons: CNN —, Saul Malek, he’d, “, ” Malek, I’d, Malek, ”, Michael Reaves, Getty, Dominick Reuter, Joe Maloney, ” Maloney, ” Keith Whyte, Maloney, “ We’re, Al Bello, Whyte, “ We’ve, LeBron James ’, DraftKings, you’re, Greg Olsen, Jared C, Tilton, Adam Silver, Silver, Ramon Zelaya, ” Zelaya, “ I’ve, Sportradar, expained, Candice Ward, Reuters Maloney, Jontay Porter, Porter, “ It’s, Brian Sevald Organizations: CNN, CNN Sport, Gamblers Anonymous, Saturday’s Kentucky Derby, Kentucky Derby, Supreme, District of Columbia, Super, American Gaming, Monmouth, Getty, “, Republicans, National Council, Belmont Park, ESPN, NCAA, NFL, NASCAR Hall of Fame, NBA, Reuters, Sporting, Toronto Raptors Locations: Saturday’s, Churchill, Nevada, Monmouth, Oceanport , New Jersey, AFP, America, New York, Belmont, District, –, North Carolina

☆ Online sports betting stocks are primed for a big 2024 as fans ready for the Super Bowl
▼ + stars: | 2024-01-28 | by ( Brian Evans | ) www.cnbc.com time to read: +9 min

3 market share position," said Jeff Stantial, director of gaming and leisure research at Stifel. DraftKings stock tripled in 2023 and has already gained nearly 10% in 2024. 'Buying' market share The remaining market share is up for grabs and fluctuates among the smaller players. Stantial expects ESPN Bet has the edge over BetMGM, but says both sportsbooks remain tightly contested for a larger slice of market share. ESPN Bet has been running promotions that include $150 of free bets and $1,000 deposit match upon signing up, according to JPMorgan analyst Joseph Greff.

Persons: Jeff Stantial, Bank of America's Shaun Kelley, You've, Stantial, Joseph Greff, Greff, Walt Disney, Barstool, FactSet, JPMorgan's Greff, Bet365, Clark Lampen, Lampen Organizations: DraftKings, Penn Entertainment, ESPN Bet, MGM Resorts International, Baltimore Ravens, Kansas City Chiefs, San Francisco 49ers, Detroit Lions, New York Stock Exchange, NCAA, Bank of America's, Euronext Dublin, BetMGM, ESPN Bet's, Professional, Amateur Sports Protection, ESPN BET, ESPN, Walt, Barstool Sports, Sportico, Penn, MGM Locations: U.S, North Carolina, Ireland, WynnBet, BetMGM, PENN, York

☆ Sports betters are losing sportsbooks bets into the void
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSports betters are losing sportsbooks bets into the voidDanny Moses, Moses Ventures founder, joins 'Power Lunch' to discuss digital betters losing their winning bets on sportsbook.

Persons: Danny Moses, Moses Organizations: Moses Ventures

NEW YORK (AP) — The NBA, NHL and Major League Baseball have joined forces to produce a 30-second ad promoting responsible sports betting. The “Never Know What’s Next” commercial unveiled Tuesday is a coordination of the three leagues, sportsbook operators DraftKings, Fanatics, PENN Entertainment and the National Council on Problem Gambling. The ad’s message is to remind betters to set betting limits and gamble responsibly. It’s set to air during the Cleveland Cavaliers-Philadelphia 76ers in-season tournament game on TNT and on the leagues’ social media channels. Political Cartoons View All 1260 Images___AP sports: https://apnews.com/sports

Persons: —, Scott Kaufman, Ross, bettors, Keith Wachtel, betters Organizations: NBA, NHL, Major League Baseball, PENN Entertainment, National Council, MLB, Cleveland Cavaliers, Philadelphia 76ers, TNT

☆ Opinion | The Reactionary Futurism of Marc Andreessen
▼ + stars: | 2023-10-26 | by ( Ezra Klein | ) www.nytimes.com time to read: +4 min

I think the Republican Party’s collapse into incoherence reflects the fact that much of the modern right is reactionary, not conservative. It’s a coalition obsessed with where we went wrong: the weakness, the political correctness, the liberalism, the trigger warnings, the smug elites. The Silicon Valley cohort Andreessen belongs to has added a bit to this formula. Rather, it’s the pairing of the reactionary’s sodden take on modern society with the futurist’s starry imagining of the bright tomorrow. So call it what it is: reactionary futurism.

Persons: Jordan Peterson, J.D, Vance, Peter Thiel, Donald Trump, Patrick Deneen, ” Mark Lilla, “, —, ”, else’s, Andreessen, Nietzsche, ” “, John Galts Locations: incoherence, It’s

☆ How to watch the USWNT’s crucial Women’s World Cup game against Portugal
▼ + stars: | 2023-07-31 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —The US Women’s National Team (USWNT) will be looking to book its place in the knockout stages of the Women’s World Cup against Portugal on Tuesday. The team’s final group stage game takes place at Eden Park in Auckland, New Zealand, and kicks off at 3 a.m. Eastern Time (7 p.m. local time). You can also stream matches by signing in with your TV provider at foxsports.com or on the Fox Sports app. “When you’re at the top, you’re always looking to get better,” US forward Megan Rapinoe said ahead of the final group stage game. The Oranje will come up against tournament debutant Vietnam which is still waiting for its first goal at the Women’s World Cup.

Persons: Lindsey Horan’s, you’re, Megan Rapinoe Organizations: CNN, US Women’s National, Portugal, Fox, Fox Sports, Telemundo, Peacock, Seven Network, Optus Sport, BBC, ITV, FIFA, Vietnam, Steel, Haiti, England Locations: Eden, Auckland , New Zealand, Australia, United Kingdom, Netherlands, Vietnam, Portugal, Vietnam Vietnam, China, Denmark, Haiti, England, Danes

☆ Women’s World Cup: Which teams are through? Which are out? Which can still qualify?
▼ + stars: | 2023-07-29 | by ( Matias Grez | ) edition.cnn.com time to read: +5 min

CNN —With some Women’s World Cup groups balancing on a knife edge, working out which team needs to get what result to still qualify can be a tricky process. Group ANorway vs. the Philippines, Switzerland vs. New ZealandPhilippines' Sarina Bolden celebrates after scoring the winning goal over New Zealand. The pressure is on New Zealand to avoid an unwanted piece of history by becoming the first host nation to go out of the group stages of a Women’s World Cup. The Norwegians need to win and hope either Switzerland or New Zealand win and they themselves earn a three-goal swing over Switzerland or New Zealand. Group FJamaica vs. Brazil, Panama vs. FranceJamaica earned the country's first ever Women's World Cup win with a 1-0 victory over Panama.

Persons: Sarina Bolden, Amanda Perobelli, Bradley Kanaris, Alessandra Tarantino, Lauren James, Justin Setterfield, Kim Price, Luisa Gonzalez, John Cowpland Organizations: CNN, CNN Sport, New, Reuters, Switzerland, New Zealand, Canada, Republic of Ireland, Nigeria Nigeria, Getty, Nigeria, C, C Costa Rica, Spain, AP Japan, China, England, Haiti, Portugal, US Women’s National, Jamaica, France Jamaica, Panama, Brazil, France, G Argentina, Italy Sweden, Italy, Argentina, Sweden Locations: Norway, Philippines, Switzerland, New Zealand Philippines, New Zealand, Zealand, Swiss, New, Australia, Republic, Nigeria, Canada, Republic of Ireland, C Costa, Zambia, Japan, Spain Japan, Costa Rica, Spain, England, Haiti, Denmark, China, United States, Vietnam, Netherlands, Portugal, Brazil, Panama, Reuters France, Jamaica, Sweden, South Africa, Italy, Argentina

☆ These people kept New Year's resolutions like saving $20,000 and reading 52 books — here's how they did it
▼ + stars: | 2022-12-31 | by ( Eve Peyser | Forge Medium | ) www.businessinsider.com time to read: +11 min

My most successful resolution to date was in 2020, when I vowed to learn how to drive a car. Courtesy of MikeI used to only set unquantifiable New Year's resolutions for myself, like "lose weight." But now I think of resolutions as goals I can accomplish that would be nice for me, not for anyone else. I really just try to frame my resolutions as, "What would make me feel really good this year?" I decided not to spend money on clothing, books, media, and video games, which was really hard because Animal Crossing came out that year.

A dispute arose over the price Fox would pay for a stake in the market-leading FanDuel app, leading to arbitration that began in the spring of 2021. The sports betting app Fox Bet is available in four states, with just 0.2% share of the U.S. market, according to researcher Vixio. A free version called Fox Bet Super 6 has attracted some 6 million users whom Fox hopes to eventually convert to betters. The growth of Fox Bet has stagnated since Flutter acquired Stars Group, the company that helped launch Fox Bet and owns and operates the app. Fox claimed that Flutter failed to provide reasonable resources behind Fox Bet, a claim Flutter said the arbitrator rejected, finding that Flutter had agreed to commit "commercially reasonable" resources behind the offering.

☆ Warren Buffett gambled on our future online and won $2 million, but what exactly is Long Bets website and why are Gen Z TikTokers suddenly paying attention?
▼ + stars: | 2022-10-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Long Bets launched in 2002 as a project of the nonprofit Long Now Foundation. In 2018, Warren Buffett won a $2 million wager he placed in 2008. Notable businessman Warren Buffett won a bet in 2017 that he'd placed on the website nearly 10 years prior. Although the Long Bets site has been open to anyone for several years to make scientific or societal predictions, Gen Z TikTokers are just now finding out about it. Long BetsThe buzz started with a viral video about a 10,000-year clock being built by Jeff Bezos and the Long Now Foundation, of which Long Bets is a part.

☆ Billionaire Melinda French Gates wants to create an alternative to Silicon Valley: 'To change it would be incredibly hard'
▼ + stars: | 2022-10-05 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Melinda French Gates wants to shake up the tech industry, starting in Silicon Valley. "To re-create Silicon Valley or to change it would be incredibly hard," French Gates said. The idea is that a broader and more equitable range of voices in a boardroom equals more ideas, which betters technology, French Gates added. French Gates committed $1 billion of her own money to Pivotal in 2019, four years after launching the firm. French Gates has been vocally persistent about the need for more female and diverse tech leaders for years.

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