Sixth Circuit rules against Kalshi, upholding Ohio and Tennessee sports event contract bans
The appellate loss strengthens states' authority to bar Kalshi's sports event contracts, a key legal test for prediction markets nationwide.
Sbcamericas · +12 outlets
New York sues Polymarket over 'illegal gambling operation' as prediction market fights escalate
New York's state court action against Polymarket follows a similar suit against Kalshi, testing whether prediction markets can operate in the state.
Sbcamericas · +14 outlets
DraftKings shares hit 52-week low after analyst downgrade as prediction market pressure mounts
Investor worry over Kalshi and Polymarket taking sportsbook share has weighed on DraftKings stock despite bullish analyst notes elsewhere.
MarketBeat · +13 outlets
MGM Resorts' $18bn sale to Barry Diller's People Inc. collapses
The deal fell apart one day after Caesars Entertainment shareholders approved a separate $17.6bn takeover.
Sbcamericas · +3 outlets
ProPublica investigation: DraftKings made a reporter betting like a problem gambler a VIP
The undercover account and Massachusetts regulators' review of DraftKings' AI use on bettors put VIP program practices under scrutiny.
ProPublica · +2 outlets
Survey finds about a third of bettors are cutting sportsbook use as prediction markets grow
Prediction markets are exploiting a regulatory gap that mirrors the one DraftKings itself used, according to the survey coverage.
finance.biggo.com · +5 outlets
Ontario sports betting revenue falls 30% in August as casino handle claims record share
The monthly iGaming Ontario figures show casino overtaking sportsbook as the province's dominant vertical.
SCCG Management · +7 outlets
Caesars Entertainment takeover by billionaire clears shareholder vote
The $17.6bn deal approval marks a major consolidation step in the US casino sector.
KSNV · +12 outlets
Blumenthal and Tonko expand gambling reform push to include prediction markets
Federal lawmakers renewed calls for consumer protection and oversight spanning sportsbooks and prediction markets.
Sbcamericas · +8 outlets
DraftKings stock draws bullish price targets and Buy reiterations as regulation shifts
Analysts remain constructive on DraftKings' Predictions investment even as the shares trade near 52-week lows.
StocksToTrade · +3 outlets
CFTC warns prediction market operators over insider trading on 'mention markets'
The advisory letter to prediction operators was light on enforcement specifics, according to the report.
Sbcamericas · +13 outlets
DraftKings NFL sportsbook handle grows 15% as prediction market volume surges
The data point suggests core sportsbook demand is still expanding alongside prediction market growth.
SCCG Management · +14 outlets
New York sports betting handle reaches $600M in NFL Week 2
The weekly figure reflects strong football-season volumes in the state's mobile sportsbook market.
Covers.com · +1 outlets
DraftKings Sportsbook goes live in Alberta as province opens regulated market
Alberta's newly regulated online betting market has drawn major operators including DraftKings.
RotoWire · +14 outlets
Michael Burry is bearish on Nvidia, Oracle and Netflix but bullish on a sports betting stock
The investor's disclosed position highlights continued interest in sports betting equities.
Stocktwits · +7 outlets
OpenBet and SciPlay name new CEOs in US gaming leadership roundup
The executive changes come as sportsbook and social casino suppliers restructure their management.
Sbcamericas · +1 outlets
Louisiana sports betting handle hits $272.1M in August 2026
The state's monthly sportsbook volume shows steady wagering activity heading into football season.
Betting News
SOFTSWISS Sportsbook rolls out redesigned mobile layout to lift conversion
The supplier says the redesign is aimed at improving player conversion and gross gaming revenue for operator clients.
Focus Gaming News