Seminole Tribe sues DraftKings and CEO Jason Robins over alleged illegal Florida sports betting
The 72-page state complaint alleges DraftKings' prediction markets and fantasy products infringe the Tribe's exclusive rights to Florida sports betting.
Legalsportsreport · +14 outlets
NFL, 39 states and DC file briefs urging Supreme Court to review New Jersey's Kalshi case
The amicus filings argue sports event contracts are not swaps, intensifying the legal fight over prediction markets versus state-regulated sports betting.
Sbcamericas · +12 outlets
CFTC issues interim rule separating sports event contracts from traditional sports wagers
The rule aims to patch a regulatory gap after appellate rulings questioned how closely event contracts resemble sportsbook bets.
Sbcamericas · +9 outlets
DraftKings tops FanDuel early in NFL season as New York handle shifts
Early-season data shows the two largest US sportsbooks trading the market-share lead, with New York wagering patterns moving.
PlayNY · +12 outlets
FanDuel reinstates 50-cent transaction fee on qualifying Illinois bets to cover per-wager tax
The fee return highlights how state per-wager taxes are being passed through to bettors by major operators.
Yogonet · +3 outlets
DraftKings gets Bank of America upgrade after 19% monthly stock drop
Analysts framed prediction markets as an upside driver after a sharp share-price decline.
PlayNY · +11 outlets
Prediction markets retreat in multiple states amid regulatory pressure as Coinbase exits Michigan
Operators are pulling sports event contracts in several states as regulators escalate enforcement.
Legalsportsreport · +2 outlets
DraftKings DKeX prediction market push could add $800M in revenue
Analysts estimate meaningful upside from DraftKings' event-contract expansion even as state regulators tighten scrutiny.
PlayNY · +6 outlets
Underdog CEO explains what IG Group's $1.3B acquisition buys in prediction markets
Jeremy Levine pitched the deal to shareholders as a play on a rebuilt sports and prediction market platform.
Sbcamericas · +8 outlets
Macquarie cuts price targets on seven sports betting stocks on Brazil and Las Vegas updates, lower hold
The broad target reductions reflect softer hold rates and regulatory changes in key markets ahead of Q3 earnings.
SCCG Management · +1 outlets
Brazil court lets Stake continue operating until October 25 under restrictions
The partial injunction upholds the effects of a provisional measure while allowing Stake to keep taking fixed-odds bets short term.
Sbcamericas · +9 outlets
Kalshi partners with four tribes as prediction markets expand tribal ties
The partnerships deepen Kalshi's push into tribal gaming relationships amid ongoing state and federal litigation.
Sbcamericas · +14 outlets
DraftKings sportsbook goes live in Alberta as market opens
The Alberta launch expands regulated single-event betting in Canada and adds a new market for operators.
RotoWire · +14 outlets
Guggenheim cuts DraftKings price target but still sees significant upside
The revised target followed a year of steep share declines as the company navigates regulatory and competitive pressure.
TIKR.com · +3 outlets
Largest US online gambling market faces growing political backlash
The report examines rising scrutiny of online gambling in the biggest US market amid regulatory and social concerns.
Governing · +14 outlets
New York sports betting is not cannibalizing other state tax revenue, analysis finds
The analysis pushes back on claims that online sports betting displaces tax receipts from other sectors.
The Closing Line · +14 outlets
Flutter names Dan Taylor to lead as Allwyn announces new CTO in week's gaming leadership changes
The roundup covers notable executive hires and departures across land-based, online and prediction markets.
Sbcamericas
FanDuel debuts Lil Wayne NFL-season advertising campaign
The campaign reflects continued heavy brand marketing spend during the NFL season by major operators.
Casino.org · +1 outlets