LUKE FELTHAM | Gambling advertising ― how to kill a fantasy

Friday’s Business Day front page carried some significant news: the department of trade, industry & competition is actively working to tighten gambling advertising regulations. The update has been brewing at the department, which made clear in the latter half of last year that it would not turn its head away from socioeconomic damage wrought by […]

Prediction markets are booming. How to tax winnings is anyone’s guess

Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025. Kevin Stankiewicz | CNBC Prediction markets are booming, with monthly trading in the billions and a recent estimate from a consulting firm saying that the relatively new phenomenon could grow to $1 trillion by the end of the decade. That’s a lot of […]

How to Hack a Poker Game

Michael Calore: Yeah. My favorite indiscreet product placement was in the show Entourage from HBO. It was on TV, I don’t know, 15 years ago. Lauren Goode: Oh, I remember it. Michael Calore: And the characters used to say to each other, “I’ll BBM it to you.” Lauren Goode: No. Time capsule. Michael Calore: Yeah. […]