SShortSingh.
Back to feed

NBA Expands Gambling Ties With Prediction Market Deals Amid Betting Scandals

0
·4 views

The NBA announced new preferred partnerships with prediction market platforms Kalshi and Polymarket on Monday. It also signed a memorandum of understanding with the US Commodity Futures Trading Commission on how to oversee those relationships. The league extended its existing DraftKings agreement to cover prediction markets as well. Further partnership expansions are expected to be announced soon. The move comes as the NBA faces scandal after former player Jontay Porter pleaded guilty to conspiracy charges.

Read the full story at The Verge

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
TechnologyTechCrunch ·

Early iPhone Duo owners report cracked screens, prompting user complaints

A small group of early adopters of Apple's highly anticipated foldable phone, the iPhone Duo, has reported that its screen is cracking. The complaints have drawn attention because the device had generated significant hype before its release. The article notes that the number of affected users is small, though their dissatisfaction is clear. The reports center on the durability of the foldable display, a known concern for this category of device.

0
TechnologyTechCrunch ·

Fusion startups weigh giving government equity in exchange for funding awards

Fusion energy startups are facing a financial dilemma unrelated to their core physics research. They must decide whether to hand the government shares of their companies in return for funding awards. The alternative is to forgo such awards and pursue development independently. The article questions whether accepting government equity is a worthwhile trade-off for these companies.

0
TechnologyThe Verge ·

iOS 27.2 adds Apple Pencil support to the iPhone Duo foldable

Apple has released iOS 27.2, which enables Apple Pencil compatibility on the iPhone Duo, its first foldable phone. The update also introduces an Edge Light feature meant to light up the user's face during video calls. Apple had earlier promised Pencil support for the Duo later in the year. The device's revamped iOS 27 controls are built to work across its 7.6-inch inner display and 5.4-inch outer screen. Many major apps already take advantage of the extra screen space, though some still require further optimization.

0
TechnologyArs Technica ·

Boston Dynamics Employees Urge Block on Robot Dog Sales to ICE

More than 300 Boston Dynamics employees have raised concerns about the company's agreement to sell its robot dogs to U.S. Immigration and Customs Enforcement. The workers warn that the deal carries risks, though the robotics firm has publicly stood by the arrangement. The dispute highlights internal tension over how the company's technology is used by government agencies. The article does not specify the full details of the contract's scope or timeline.