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About King Kong Splash
The blurring line between financial investing and gambling has been accelerated by the rise of prediction markets—exchanges offering event contracts that are federally regulated as financial derivatives. U.S. News found that over 40% of active sports bettors now also participate in sports prediction markets.
Financial advisors continue to urge consumers to view sports wagering strictly as entertainment and to only risk funds they can afford to lose.
Research from Stanford University published in April concluded that sports bettors remain “overoptimistic,” generally expecting to break even despite losing an average of 7.5 cents on every dollar wagered.
What is King Kong Splash?
The Luxor has not announced a return date, though as of Friday night, Monday’s 8 p.m. performance was still listed on sale.
This is a developing story. Check back for updates.
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What is King Kong Splash?
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