Fishin For Gold

How to play Fishin For Gold

Hey @Kalshi thanks for the lifetime ban from your gambling platform.

Let’s see how much longer you guys are around for.

Santos went on to call Kalshi an “unserious company”, claiming that it also “violates its own notices and deadlines”. 

By the way @Kalshi is such an unserious company it violates its own notices and deadlines lol.

On August 7th they gave us a 30 day notice and today they leaked/ announced once again their frivolous nonsense.

Leaking and attention seeking seem to be the M/O of this…

What is Fishin For Gold?

His analogy is a poker table at which the weaker participants sustain the game. If those players disappear, the fourth-best professional at the table can suddenly become a loser because only the three strongest remain.

The US addressable market is vastly larger and customer recruitment remains strong. Marantelli says Kalshi increased its number of clients fivefold during the World Cup, while White Swan predicts that NFL prediction markets could generate between $5 billion and $7 billion of liability in a single week.

But he acknowledges the possibility that faster customer losses could eventually test the sustainability of the model.

What is Fishin For Gold?

Bally’s has been granted two years’ worth of extensions for the permanent project. State law allows for two-year temporary licences, but the Illinois Gaming Board approved an extension to three years in 2023. That pushed the deadline to this September, but Bally’s ultimately received another year’s worth of extensions through language included in the state’s omnibus revenue bill that was passed in June.

If the latest extension had not been granted, Bally’s would have had to close its temporary casino at Medinah Temple until the permanent venue was completed. That would have resulted in multiple months with no revenue in the market, but Kim told iGB at the East Coast Gaming Congress in April that a closure of the temporary site was “not the end of the world”.

Meanwhile, Bally’s is forging ahead with an even bigger project to the east, its $4 billion Bally’s Bronx resort in New York City. The company was one of three NYC licence winners last year, alongside Resorts World New York City and Hard Rock’s Metropolitan Park.