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Betting

(Shaleah Craighead/Wikimedia Commons, modified by CoinDesk)
Markets
Trump
Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day
Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket.
(Shaleah Craighead/Wikimedia Commons, modified by CoinDesk)
By Shaurya Malwa
May 31, 2024 at 11:38 a.m. UTC
May 31, 2024
TrumpMarketsBettingCrime
Betting on a new bitcoin record. (Kurt Cotoaga/Unsplash)
Markets
Betting
MOON Holder Makes 550% on Predictions Platform Polymarket as Bitcoin Moves Above $50K
The trader had bought the Yes side shares of the now-expired Polymarket-based betting contract "Will BTC hit $50,000 in February?"
Betting on a new bitcoin record. (Kurt Cotoaga/Unsplash)
By Omkar Godbole
Feb 13, 2024 at 10:51 a.m. UTC
Feb 13, 2024
BettingPolymarketredditMarkets
Speculators are overwhelmingly betting on bitcoin ETF approval by Jan. 15. (Pixabay)
Markets
Trading
'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
Speculators are overwhelmingly betting on bitcoin ETF approval by Jan. 15. (Pixabay)
By Shaurya Malwa
Jan 4, 2024 at 8:52 a.m. UTC
Jan 4, 2024
TradingMarketsBitcoinBitcoin ETFBettingPolymarket
Rollbit tokens jumped 8% after a burn. (Unsplash)
Technology
Betting
Rollbit Recorded $38M in September Betting Revenues, RLB Token Climbs
Over 1.2% of the token’s supply was destroyed, a co-founder said.
Rollbit tokens jumped 8% after a burn. (Unsplash)
By Shaurya Malwa
Oct 3, 2023 at 9:52 a.m. UTC
Oct 3, 2023
BettingTradingGambling
Republican presidential candidate Vivek Ramaswamy at a press conference during Bitcoin 2023 in Miami Beach, Florida (Frederick Munawa)
Policy
Republican
After GOP Debate, Blockchain Bettors See Ramaswamy as Most Formidable Trump Challenger
Betting lines didn’t change much as a result of Wednesday’s debate, but the Bitcoin-friendly entrepreneur has edged out Florida governor Ron DeSantis this past week in the GOP...
Republican presidential candidate Vivek Ramaswamy at a press conference during Bitcoin 2023 in Miami Beach, Florida (Frederick Munawa)
By Sam Kessler
Aug 24, 2023 at 5:46 p.m. UTC
Aug 24, 2023
RepublicandebateBettingPolymarketTrumpRon DeSantis
Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)
Policy
Regulations
CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
The U.S. derivatives regulator has scheduled a June 26 meeting to discuss starting another review to evaluate whether to approve Kalshi’s event contracts.
Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Jun 16, 2023 at 10:57 p.m. UTC
Jun 16, 2023
RegulationsPrediction MarketsBettingPredictItPolymarketCommodity Futures Trading Commission
(Shutterstock)
Finance
Solana
Gaming Studio Bitblox to Build On-Chain Games for $68B Online Gambling Industry
Bitblox Games will exclusively build crypto games on the Hxro Network, a Solana-based distributed liquidity layer for betting applications.
(Shutterstock)
By Sage D. Young
May 4, 2023 at 1:00 p.m. UTC
May 4, 2023
SolanaHxroGamingGameFiBetting
(Photo and Co/Getty Images)
Policy
Regulations
Sorare, Under Pressure From France’s Gambling Regulator, Will Expand Free Access
Regulators and lawmakers are concerned about money laundering, child protection and gambling addicts
(Photo and Co/Getty Images)
By Jack Schickler
Nov 18, 2022 at 5:01 p.m. UTC
Nov 18, 2022
RegulationsBettingNFTsFranceSorare
Ankara, Turkey (Ekrem Osmanoglu/Unsplash)
Finance
Turkey
Turkish Authorities Seize Crypto Worth $40M in Illegal Gambling Sting
Investigators are probing a $135 million transaction that links back to organized crime groups in the country's capital city Ankara.
Ankara, Turkey (Ekrem Osmanoglu/Unsplash)
By Oliver Knight
Oct 20, 2022 at 2:00 p.m. UTC
Oct 20, 2022
TurkeyBettingArrestseized crypto
Nigel Eccles, in a photo from 2015 (Clodagh Kilcoyne/Getty Images)
Sin Week
Betting
Betting Platform BetDEX Labs Likes the Odds for Its Decentralized Sports Exchange
Chairman Nigel Eccles wants to cut out the middleman, and thinks a Solana protocol is the way to go, he told CoinDesk TV’s “First Mover.”
Nigel Eccles, in a photo from 2015 (Clodagh Kilcoyne/Getty Images)
By Fran Velasquez
Aug 30, 2022 at 7:39 p.m. UTC
Aug 30, 2022
BettingSinWeekSolanaCoinDesk TVSportsSoccer