Gambling Layoffs Increase as Prediction Markets and AI Reshape Sports Betting

May 16, 2026 - 19:30
Gambling Layoffs Increase as Prediction Markets and AI Reshape Sports Betting
Penn Entertainment and Gambling.com Group announced fresh job cuts this week. Gambling.com is eliminating 25% of its workforce while Penn trims more than 75 roles from its Interactive division. The cuts arrive as the sports betting sector contends with two converging pressures. Operators are accelerating artificial intelligence (AI) adoption while regulated prediction venues siphon bets...

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