Betting and predictive markets have taken over sports media, and politics could be next.
But online ticket retailers are cutting into their business.
Sports betting has had a surge of popularity in the U.S., even as star athletes have been implicated in gambling scandals.
Some advocates are calling for federal support to treat gambling addiction — and to enact limits on wagering apps.
The company hopes to win a piece of the nearly $85 billion global sports betting market, now dominated by DraftKings and FanDuel.
Where mobile betting is legal, it accounts for 90% of all wagers, one expert says. Do the pros outweigh the cons?
Pent up demand and the expansion of online gambling and sports betting are giving the industry a boost.
The story behind the rise of fantasy sports startups FanDuel and DraftKings, and their battle against each other.
Mobile phones are allowing ordinary Kenyans to try their luck on sports gambling.
One investor says sports bets could evolve into a different type of asset.
