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Wanna bet? Kamala Harris moves ahead of Biden as pick for Dems nominee in betting markets
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Fox Business, National

Wanna bet? Kamala Harris moves ahead of Biden as pick for Dems nominee in betting markets

By Breck Dumas | Fox Business Vice President Harris surpassed President Biden as the candidate most likely to become the Democratic Party's 2024 nominee in betting markets on Thursday, as pressure mounts for Biden to drop out of the race against former President Trump. PredictIt's traders give Harris a 44% chance of leading the Democrats' presidential ticket this fall, while Biden's chances fell to 38%. On Wednesday, Biden led Harris on the platform, 43% to 38%. The vice president eclipsed Biden on major prediction market PolyMarket on Thursday, too, with traders giving Harris a 42% chance at the nomination to Biden's 38%. The day prior, PolyMarket had Biden's odds at 69%, and Harris' at 20%. READ THE FULL STORY AT FOX BUSINESS
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Colorado tribes want to get into lucrative online sports betting. A dispute with the state is getting in the way.
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State, The Colorado Sun

Colorado tribes want to get into lucrative online sports betting. A dispute with the state is getting in the way.

By Jerd Smith | The Colorado Sun Colorado tribes want to offer online sports betting. But their tax status, and other issues, has some people worried that allowing the Southern Ute and Ute Mountain tribes to offer remote wagering on professional sports might siphon valuable revenue away from Colorado water projects. The Colorado Department of Revenue declined to comment on the specifics of the dispute, while tribal representatives say they are frustrated with the state’s refusal to allow them to offer it. In November, a proposition referred to the ballot by lawmakers in House Bill 1436, will ask voters to allow the state to keep more of the revenue generated by sports gaming. Taxes collected on those bets, which were authorized in 2019, are projected to generate $34.2 million in t...
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