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Smarkets CEO Jason Trost lets employees pick how much they want to get paid.

What happens when you let employees pick how much they want to be paid? This company decided to find out.

"I think this is the fairest system," Smarkets CEO Jason Trost said. "It gives people a rightful sense that they are more in control of their job, more in control of their position."
FanDuel golf balls.

Irish bookmaker Paddy Power confirms takeover talks with fantasy sports company FanDuel after landmark US ruling

The Supreme Court on Monday overturned a 1992 law forbidding sports betting, clearing the way for individual states to legalise the practice if they wish. Paddy Power Betfair has wasted no time and could buy US fantasy sports company FanDuel to take advantage.

NFL WEEK 1: Our official predictions for who wins this weekend

Football is back and with it, gambling on football — here are all of our picks against the spread for Week 1 of the NFL season

Online casino 888 fined record £7.8 million for failing to protect problem gamblers — including one who stole £55,000 to fund bets

The UK Gambling Commission found failings 'so significant that it resulted in criminal activity.'

An 89th-minute Aston Villa equaliser cost Ladbrokes £1.5 million

The twist meant Newcastle lifted the trophy and turned a large number of league accumulators into winning bets.

Floyd Mayweather’s victory over Conor McGregor saved bookies £250 million

Despite long odds, McGregor was favourite with punters — 80% of the £250 million bet on the match in the UK went on McGregor.

Betting startup Smarkets boosts pre-tax profits by 160%

The betting startup has reported a substantial increase in both profits and revenue, as well as a growth in users and expansion to the US.

A hedge fund veteran is trying to bring quant trading to a new market — sports betting

Stratagem, founded by a former Fortress Investment Group executive and run by an ex-Goldman partner, wants to make betting more like finance.

Here are the odds on the 2020 presidential election (from Elizabeth Warren to Kanye West)

Elizabeth Warren is the most likely Democrat at 11:1. Or you can bet on Mark Zuckerberg, Kanye West, or George Clooney.


Election betting odds are now in Donald Trump's favor.