Weekender: NCLGS Sparks Fly, Vegas Costs Soar
NCLGS debates prediction markets, sweeps. Casino prices soar, pricing out Vegas visitors. PredictIt returns, challenging Kalshi.
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]: The gambling conference circuit is usually tame, but that wasn't the case at NCLGS, where fiery debates over prediction markets, sweeps, and cannibalization occurred.
[TUESDAY]: Just when I thought things were calming down in the gambling industry, Monday produced an overabundance of significant news.
[WEDNESDAY]: Casinos are the latest form of "entertainment" to see prices skyrocket, as huge swaths of the population are being priced out of a Vegas vacation.
[THURSDAY]: With the return of PredictIt and Polymarket looking for an entry point, Kalshi no longer has the prediction market space to itself.
[FRIDAY FEATURE]: Online casino legalization efforts are stalled, and taxes are rising as the industry’s lobbying efforts continue to be ignored by lawmakers.
Measuring Success
After several years of successfully advocating for the legalization of daily fantasy sports and sports betting, the gambling industry and its lobbyists are suddenly encountering legislative roadblocks as they make their case for online casinos.
Reads of the Week
It's Not Cannibalization. It's Something Else [Seth Young, LinkedIn]
Personality-driven sports are shaping the future of betting products [Scott Longley, iGaming Business]
Nine Times ‘Seinfeld’ Told Us Kramer Was A Serious Problem Gambler [Eric Raskin, Casino Reports]
You Say Gambling, I Say Investing, Prof Says There’s No Difference [Jeff Edelstein, InGame]
