NBA orders sportsbooks to drop prop bets for 2026-27 season, joining NFL restrictions
The NBA's market restrictions, following similar NFL moves, cut the number of bet types available and test whether prediction markets will comply.
Focus Gaming News · +6 outlets
Fanatics CEO Rubin expects sports betting marketing spend to hit $7B in 2027
Rubin's forecast implies industry customer-acquisition spending could more than double, intensifying a costly battle among sportsbooks.
Legalsportsreport · +6 outlets
DraftKings reports revenue miss and soft guidance; CFO says SEC probe is now closed
The results and disclosure come as the company faces questions about profitability and sportsbook margins after a rough NFL start.
Stocktwits · +6 outlets
FTC opens probe into the US online sports betting industry
A federal trade regulator's inquiry adds to scrutiny of sportsbook marketing and consumer practices.
Casino.com · +14 outlets
Novig and Crypto.com sue Missouri in federal court over prediction market crackdown
Two prediction market operators challenge Missouri's cease-and-desist orders, testing state authority over event contracts.
Sbcamericas · +10 outlets
BetMGM shifts US investment toward higher-value markets
The joint venture is reallocating spending as operators prioritize profitable states over broad national expansion.
Play USA · +5 outlets
FanDuel says median bet is just $5 as it pushes back on high-roller image
FanDuel released betting data amid mounting scrutiny of sportsbook marketing and customer behavior.
Casino.org · +2 outlets
DraftKings sportsbook launches in Alberta as province opens regulated market
Alberta's new online betting framework brings additional operators into Canada's regulated iGaming market.
RotoWire · +14 outlets
Early September US sports betting handle flat; Kalshi tops $4B twice
Flat sportsbook handle alongside surging prediction market volumes underscores the shift in event trading.
The Closing Line
New Jersey online casinos post $274.8M in September revenue
New Jersey remains the largest US iGaming market, with monthly revenue figures watched as a bellwether for state expansion.
Casino Reports · +1 outlets
Maine iGaming could launch in early 2027 but hurdles remain, regulator says
Gambling Control Unit chief Milt Champion said Q1 2027 is a possible launch window pending unresolved issues.
Sbcamericas · +4 outlets
Morgan Stanley cuts DraftKings price target to $31 but keeps 57% upside view
Analyst revisions highlight debate over DraftKings valuation after earnings cuts and margin pressure.
TIKR.com · +1 outlets
Maryland sports betting handle flat in September as revenue drops 20%
Flat handle and lower revenue in a mature state market reflect promotional spend and hold volatility.
Covers.com · +2 outlets
Kambi signs multi-year sportsbook partnership with QuinnBet
The deal extends Kambi's B2B sportsbook supply footprint with a UK-facing operator.
TradingView · +4 outlets
DraftKings CEO Jason Robins recounts building the company from DFS startup
Robins discussed the company's path from daily fantasy sports to a global gaming and prediction markets operator.
Sbcamericas · +2 outlets
ESPN accused of publishing guide that encourages children to gamble
The allegation adds to debate over sports media's role in promoting betting content to young audiences.
Awful Announcing
Flutter Entertainment stock valuation questioned after fair value cut
Revised fair value estimates raise questions about Flutter's outlook amid US market competition.
Simply Wall Street · +1 outlets
Football betting growth puts integrity safeguards in focus
Expanding legal wagering has heightened attention on monitoring and match-integrity systems.
Lawrence Journal-World