Weekender: A Wild Week Of Prediction Market News
Circa grabs MO betting license, FanDuel partners with CME; Kalshi adds NFL spreads/props; College kids bet legally or not; Vegas costs deter visitors.
The Bulletin Board
ABOVE the FOLD: The week’s top stories from Straight to the Point.
READS of the WEEK: A short list of the articles STTP is reading.
NEWSLETTER ROUNDUP: The best of the best from industry newsletters.
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Above the Fold: The Week’s Top Stories on STTP
[MONDAY]: Circa Sports was awarded one of Missouri's two untethered sports betting licenses, forcing FanDuel to find a market access partner... which it did in short order.
[TUESDAY]: Kalshi is adding point spreads, totals, and prop bets to its offerings and will be in direct competition with traditional sportsbooks during the upcoming NFL season.
[WEDNESDAY]: A new survey tells us what we already know: college kids are betting on sports, and it doesn't matter if it's legal or illegal.
[THURSDAY]: There is growing concern that rising costs and broader policies are making Las Vegas less appealing and pricing out more and more would-be visitors.
[FRIDAY FEATURE]: The outrage over betting on Little League games reveals a far deeper issue, as the line between acceptable and yikes is blurring.
Arbitrary Lines
Every year, the cream-of-the-crop youth baseball players from around the world converge on Williamsport, Pennsylvania, for the Little League World Series (LLWS), capturing the attention of sports fans everywhere.
[PODCAST]: DraftKings is ditching credit card deposits—check out my pods with Shawn Fluharty on legislative bans & Seni Thomas on how the Edge debit card addresses chargebacks.
From The Archives: Making Sense Of DraftKings' Credit Card Ban
Given the news that DraftKings will soon disable credit cards as a deposit option, I wanted to highlight two podcast episodes I’ve done on this topic.
Reads of the Week
Circa Missouri to Offer Old School Ways, But New Sports Betting Menu [Geoff Zochodne, Covvers.com]
Schuetz: BetBash 2025 Delivers, Speed Networking Again Proves Revealing [Richard Schuetz, Casino Reports]
Two Articles on Degeneracy: What are the stakes of our risk-seeking society? [John Reeder, Risk of Ruin]
The Continuing Sweepstakes Conundrum: Ban Or Regulate? [John Brennan, Casino Reports]
Predicting our own demise [Reducible Errors]