DraftKings surges as BofA upgrades to Buy, sees prediction markets adding $400M in fees
The upgrade reframes prediction markets from an existential threat to sportsbooks into a potential new revenue line for DraftKings.
Yahoo Finance Singapore · +14 outlets
Fanatics plans up to $1B sports betting marketing push in 2027
A nine-figure ad budget would make Fanatics one of the largest spenders in the US market and intensify pressure on DraftKings and FanDuel.
Yogonet · +9 outlets
AGA, tribal leaders and casino giants use G2E to attack prediction markets
The intensity of industry rhetoric against event contracts became the defining theme of the Global Gaming Expo in Las Vegas.
Sbcamericas · +1 outlets
Ohio expands prediction markets crackdown, sends 10 cease-and-desist letters
The action follows a Sixth Circuit win and signals regulators are moving aggressively against event contracts operating without state licenses.
Sbcamericas · +8 outlets
Federal court grants CFTC and Kalshi preliminary injunctions against Illinois
A rare 2026 court win for prediction markets against state regulators as the CFTC defends its registrants in Illinois.
Sbcamericas · +14 outlets
Michael Burry more than doubles Flutter stake, calls it a 'fat pitch', sells DKNG ahead of Q2
The disclosure highlights divergent institutional views on Flutter versus DraftKings after a sector-wide selloff.
Stocktwits · +3 outlets
FanDuel tells Congress it sent about 30 personalized athlete videos to VIP customers
FanDuel's latest letter details its VIP program practices as lawmakers scrutinize Gambling harm and marketing to high-value bettors.
Sbcamericas · +10 outlets
theScore Bet signs multi-year NFL partnership in Canada
The Canadian tie-up deepens Penn Entertainment's theScore Bet marketing reach in the Ontario-heavy Canadian market as Alberta opens.
Betting News · +14 outlets
Reporter posing as a problem gambler tests DraftKings' safer gambling controls
The undercover account experiment scrutinizes whether major sportsbooks' responsible gambling safeguards work in practice.
WBUR · +2 outlets
DraftKings sportsbook goes live in Alberta as Canadian market expands
Alberta's rollout of regulated online sports betting is drawing major US operators into a new Canadian province.
RotoWire · +14 outlets
Prediction markets take $9 billion weekend as sportsbooks post modest August results
Weekly industry roundup contrasts tepid August US sports betting revenue with surging prediction market volume.
The Closing Line · +1 outlets
Prediction markets are pinching sportsbook volumes, Casino.org reports
Operators are seeing share of handle shift toward event contracts as the two product categories compete head-to-head.
Casino.org · +1 outlets
Kalshi tops FanDuel and DraftKings in Week 4 NFL pricing
Pricing comparison suggests Kalshi's exchange model can be competitive with traditional sportsbooks on NFL markets.
RotoWire · +14 outlets
Kalshi holds 76% of NFL share as DraftKings rebounds from 52-week low
Market data and a Benzinga viewer survey both show only a minority expect prediction markets to fatally wound DraftKings or Flutter.
TradingNEWS · +2 outlets
Virginia iGaming effort sets up short-session test in 2027
Companion legislation passed both chambers in 2026 before dying in conference, leaving consumer-protection work unfinished.
Sbcamericas
Major sportsbooks back Nebraska's online sports betting ballot push
National operators are funding a campaign to legalize online sports betting in a currently retail-only state.
Covers.com · +14 outlets
North Carolina sports betting handle tops $520 million in August
The monthly total reflects steady volume in one of the newer legal online sports betting states.
Betting News
Ohio sports betting revenue falls 19.9% in August 2026
A second straight down month for Ohio sportsbooks points to a softer summer trading stretch.
Betting News