CFTC tells Kalshi to defy Michigan court order, continue sports markets
The Commodity Futures Trading Commission instructed prediction market operator Kalshi to continue offering Michigan sports contracts despite a state court order
SBC Americas · +14 outlets
DraftKings faces rising competitive pressure as stock falls more than market
DraftKings stock declined despite strong Q2 revenue and betting handle growth, signaling investor concerns over competition and market saturation in US sportsbo
GuruFocus · +12 outlets
Betsson Q2 revenue hits record but B2B pressure weighs on profit
Swedish operator Betsson posted record Q2 2026 revenue but profit fell due to challenges in its B2B division, amid expectations of World Cup betting momentum.
NEXT.io · +4 outlets
Kambi processes record 100M World Cup bets as Bet Builders drive engagement
Betting platform provider Kambi handled over 100 million World Cup wagers in June-July, with player props and Bet Builder features fueling record handle.
Asia Gaming Brief (AGB) · +1 outlets
Trump teleprompter operator suspended after $100K Kalshi trading win on speech contents
A White House employee wagered on Kalshi prediction markets regarding Trump speech content and earned approximately $100,000, prompting CFTC investigation and s
SBC Americas · +9 outlets
New Jersey sports betting handle hits record $917M in June despite hold decline
New Jersey reported record monthly sports betting handle of $917 million but lower hold percentage, indicating increased competitive pressure on margins.
rg.org
Kalshi says it is not a sportsbook as World Cup wagers surge
Prediction market platform Kalshi defended its regulatory classification as a non-sportsbook operator amid rising World Cup trading volumes.
NPR · +14 outlets
New Jersey online casinos post record $276.3M revenue in May 2026
New Jersey online casino revenue reached record levels in May, fueled by strong player engagement across all major operators.
PlayUSA · +2 outlets
Alberta sports betting market goes live with multiple operators launching
Alberta's new online gaming market opened with DraftKings, bet365, and other major sportsbooks launching operations in the Canadian province.
Sportsbook Review · +14 outlets
Atlantic City revenue flat as New Jersey online casinos jump 17.5% in June
New Jersey brick-and-mortar casino revenue stagnated while online gaming surged 17.5%, reflecting shift to digital channels.
Casino Reports · +1 outlets
New York sports betting May handle exceeds $2 billion monthly threshold
New York surpassed $2 billion in monthly sports betting handle in May 2026, demonstrating continued market strength.
Gaming Today · +1 outlets
Seth Young: prediction market boom is just beginning, traditional sportsbooks adapting
Prediction market growth is accelerating as traditional sportsbooks explore new ways to capitalize on the emerging trading category.
SBC Americas · +1 outlets
Illinois proposes steeper sports betting taxes and new prediction market rules
Illinois lawmakers are considering increased tax rates on sports betting and new regulatory framework for prediction markets.
rg.org · +11 outlets
Sportsbooks weigh regulatory trade-offs to enter prediction market business
Industry players are assessing whether to surrender existing sportsbook licenses in order to operate in the emerging prediction market space.
The Closing Line · +3 outlets
Prediction markets seen as biggest threat to tribal gaming revenue by 5%
Tribal gaming leaders warned that prediction markets like Kalshi have already eroded tribal gaming revenue nationwide by approximately 5 percent.
Legal Sports Report · +14 outlets
FanDuel backs $20M in US political funding ahead of mid-term elections
Irish-owned FanDuel committed $20 million to American political contributions as mid-term election cycle approaches.
Irish Independent
Pennsylvania report urges ban on in-game betting to fight problem gambling
Pennsylvania policymakers proposed eliminating live betting and requiring self-imposed limits at online casinos and sportsbooks to address addiction concerns.
Legal Sports Report · +5 outlets
Congressman proposes facial recognition for age verification at sportsbooks and prediction markets
Rep. Josh Gottheimer introduced legislation requiring facial recognition technology to verify bettor age at online sportsbooks and prediction market platforms.
SBC Americas · +12 outlets