Alex Weldon
Latest Articles By Alex Weldon (113)
Prediction Markets Like Kalshi Test Users’ Reading Comprehension as Much as Their Foresight
Much has been made of the danger that insider trading poses to prediction markets, but for the average bettor on these platforms, there may be an even greater threat: the fine print. This weekend's snowstorm generated over $6 million in Kalshi trading volume on the accumulation in New York. Much of that appears...
PokerStars on the Rebound: Former Top U.S. Operator Notches First Significant Market Share Improvement in Six Months
After seeming to find its floor in November, PokerStars bounced back in December, improving its market share for the first time since last summer. It was the only full-scale U.S. online...
Ren Lin as WPT Global Ambassador Sparks Brand Infighting With ClubWPT Gold on Social Media
The selection of controversial pro Ren Lin as a brand ambassador for WPT Global has sparked a social media feud between the poker site's social media team and their peers at ClubWPT Gold. Although both companies...
Maine Legalizes Online Casinos as Gov. Mills Declines to Exercise Veto Power
Maine will become the latest state to legalize online casinos and poker as Gov. Janet Mills announced Thursday evening that she would not veto last year's bill, as many had expected her...
Indiana Legislators Focus on VGTs, iLottery as Online Casino Effort Loses Momentum
As the 2026 legislative session gets underway, Indiana lawmakers have been quick to file bills to renew the efforts to legalize online lottery and video gaming terminals (VGTs) in the state. By contrast,...
Gambling Scandals and Market Disruptors Spell Struggles Ahead for Online Poker Legislation
The New Year will no doubt see multiple states attempting to legalize online poker, but the odds of success seem longer than ever in the current political context. This past...
Has PokerStars Found Its Floor in a Cooling U.S. Online Poker Market?
Operator revenues for U.S. online poker plunged in November, but for once the former market leader PokerStars didn't do significantly worse than its competitors. By PokerScout estimates, gross gaming revenue for all...
IRS Finally Increases Slots Reporting Threshold After Nearly 50 Years, But Is it Enough?
The threshold for mandatory handpay for slots and the associated tax withholding has been increased by the IRS to $2,000 starting in 2026. The previous $1,200 threshold had been in place since 1977....
Thai Gamblers Stranded in Cambodian Border Casino Town as Bombs Fall
Thai gamblers who crossed the Cambodian border to Poipet are now trapped in the casino town as their own country's air force drops bombs. Cambodia closed its land border with...
British Regulator Bans Cross-Marketing Promotions for Online Gambling Sites
Starting next month, regulated British gambling sites will no longer be able to offer promotions that encourage players to try a different category of products. For instance, a sportsbook bonus...
