Business of sports reporter at Bloomberg iboudway at bloomberg dot net
Joined June 2012
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Ira Boudway retweeted
“Chad doesn’t remember how he first heard about Kalshi. Most likely, he says, it was online ads…He couldn’t use regulated sportsbooks in Utah and no longer trusted blackmarket bookies. “Kalshi was the only way I could gamble legally,” he says. About six months later, his father became suspicious and discovered a series of Kalshi debits on Chad’s bank statements. He’d lost more than $12,000.”
Some bettors are getting hooked on prediction markets, where the signs of a gambling problem can be harder to recognize bloomberg.com/news/articles/…
Ira Boudway retweeted
Some bettors are getting hooked on prediction markets, where the signs of a gambling problem can be harder to recognize bloomberg.com/news/articles/…
Ira Boudway retweeted
Some bettors are getting hooked on prediction markets, where the signs of a gambling problem can be harder to recognize bloomberg.com/news/articles/…
Ira Boudway retweeted
An offhand text after the USMNT’s Copa América collapse helped spark a very expensive fix: The story of how private money is reshaping the game before a home World Cup bloomberg.com/news/articles/…
Ira Boudway retweeted
How bad is tanking in the NBA? So bad I told my son this week that I would be fine with him supporting the Knicks (unthinkable for us Bulls fans) rather than the Wizards.
But maybe the league should ditch the draft?
bloomberg.com/news/articles/…
Ira Boudway retweeted
Interesting article on branding, social media and marketing strategy. #huntmellodeitz bloomberg.com/news/articles/…
Ira Boudway retweeted
Great article... reckon a lot of work and time was put into this story by @justinaknope and @iboudway... ☕️
"Sharps realize that they may not be the smartest people in the room forever. In general, markets evolve, and smart traders find their advantage narrows as other sophisticated players chase the same opportunities... The big trading firms are already tilting the playing field."
Gambling Pros Adjust to a Super Bowl on the Prediction Markets
bloomberg.com/news/articles/…
Ira Boudway retweeted
I guess the throwing of green things onto the field of play will do that....
Kalshi and Other Prediction Markets Should Scare Sports Leagues
By @iboudway
bloomberg.com/news/articles/…
Ira Boudway retweeted
"“This will look and feel probably more like a traditional sportsbook...”
Of course...
Robinhood Upgrades Sports Offering With Look of Online Betting
By @iboudway
bloomberg.com/news/articles/…
Ira Boudway retweeted
The House settlement’s plan to review college athlete NIL deals with “associated entities” for fair market value has a number of issues.
Some logistical (athletes don’t/won’t disclose all deals) & some legal (antitrust law).
Thanks to @iboudway for reaching out for my thoughts.
The NCAA is desperate to police college athletes’ pay. Here’s why their plan has major flaws trib.al/UvnfAsH
Ira Boudway retweeted
“The only thing we know at this point is that the terrain has changed,” said Chris Grove, a gambling industry analyst at Eilers, “The rest of the story we’re all going to find out together.”
More from me on prediction markets at @business via @iboudway
bloomberg.com/news/features/…
Ira Boudway retweeted
A blitz of Facebook ads by what poses as a pro-Harris group, but is secretly a front for a pro-Trump dark money group funded by Elon Musk to misrepresent Harris's views to swing-state voters, does not appear to violate Meta's ad transparency policies.
Ira Boudway retweeted
The NCAA and Power Four conferences are spending millions on lobbying efforts in DC.
Is Congressional help coming?
“It’s like a bad end to a ‘Scooby-Doo’ episode. [It’s like], ‘It’d all be OK if it wasn’t for these meddling kids getting paid.’”
🔗 shorturl.at/Lb70a
Ira Boudway retweeted
I wrote about everybody’s favorite part of sports: collective bargaining
bloomberg.com/news/articles/…
Ira Boudway retweeted
"Those who said all this awareness would kill football were wrong," Chris Nowinski, a leading advocate on the issue of brain injuries in sports for nearly two decades, told me. “Football continues to be more popular in just about every measurable way.” nymag.com/intelligencer/arti…
Ira Boudway retweeted
A piece discussing why NIL payments aren’t a good substitute for paying college athletes for their actual work: playing their sport.
And why collective bargaining is needed to create a sustainable model for college athletics.
I wrote about everybody’s favorite part of sports: collective bargaining
bloomberg.com/news/articles/…
Can’t imagine how that would work: bloomberg.com/news/articles/…
I wrote about everybody’s favorite part of sports: collective bargaining
bloomberg.com/news/articles/…
