Betsson posts record Q3 revenue of about EUR 326.5M, up 10%, but EBIT falls 31% on taxes and margin pressure
Betsson reported record quarterly revenue and 40% growth in active customers, yet profit dropped sharply as taxes rose and sportsbook margins compressed, with t
Casino.org · +10 outlets
Sen. Blumenthal expands gambling probe, questions sportsbooks and prediction markets on AI and VIP practices
Congress widened its inquiry into how operators use AI and treat high-value customers, sending letters to major sportsbooks and prediction market firms.
Sbcamericas · +4 outlets
DraftKings CEO says prediction markets are a win-win growth path, calls company a clear No. 3 in the sector
DraftKings is positioning prediction markets as an incremental growth channel alongside its sportsbook as the category expands.
MarketBeat · +13 outlets
CFTC pauses Novig and ProphetX micro contracts on single plays
The federal regulator halted contracts on individual game events such as first points scored, signaling tighter scrutiny of granular sports derivatives.
Legalsportsreport · +4 outlets
Utah sues Kalshi for millions after federal court win, seeking to block sports event contracts
Utah's suit escalates state-level efforts to bar prediction market operators from offering sports and event contracts within their borders.
Legalsportsreport · +14 outlets
Sen. Cruz plans bill to give states and tribes control over sports contracts on prediction markets
The legislation, planned for after the November midterms, would shift regulatory authority over sports event contracts from federal to state and tribal hands.
Sbcamericas · +11 outlets
CFTC and prediction market executives address oversight at NEXTPredict industry conference
Federal regulators and operators debated the framework for supervising event contracts as the sector faces mounting legal and political challenges.
Legalsportsreport · +3 outlets
Michigan AG says Kalshi violated injunction by targeting ads at state residents
Michigan's attorney general accused Kalshi of ignoring a preliminary injunction barring it from operating in the state.
Sbcamericas · +7 outlets
Ohio regulator warns licensees to cut ties with prediction markets
The Ohio Casino Control Commission broadened its crackdown beyond platforms, telling its sports betting and fantasy licensees not to provide services to predict
Legalsportsreport · +11 outlets
Michigan gross sports betting revenue rises 27% year over year to $56.3M in September
Michigan posted strong September gains in gross sports betting revenue compared with a year earlier.
TheLines.com · +1 outlets
Pennsylvania sports betting revenue jumps 50.45% in September
Pennsylvania's September sports betting revenue growth outpaced several peer states as the fall sports calendar ramped up.
Betting News · +2 outlets
Massachusetts sportsbooks take $773M in September handle as revenue climbs 36%
Massachusetts reported rising handle and revenue in September, one of several states posting strong monthly figures.
Massachusetts Sports Betting
New Jersey mandates data-driven responsible gambling programs for operators
New Jersey codified its responsible gambling playbook into mandatory rules requiring operators to use data to identify at-risk players.
Sbcamericas · +10 outlets
DraftKings CEO says next year's spending could come down as Street models below 2026 guidance
Analysts already model DraftKings below its 2026 guidance, while the CEO signaled potential moderation in spending next year.
TIKR.com · +6 outlets
New Jersey sports betting revenue slides in September while iGaming climbs but growth slows
New Jersey's September figures showed sports betting revenue declining as online casino revenue continued to grow at a moderating pace.
WSN.com · +4 outlets
Ohio bans bettor over alleged threats against Blue Jays manager during World Series
The Ohio Casino Control Commission barred a resident from all in-person and online gambling after finding he made verbal threats against Toronto manager John Sc
Legalsportsreport · +14 outlets
Ontario regulator settles with PointsBet on two-day suspension over Jontay Porter bets
PointsBet Canada will shut its Ontario site for two days under a settlement with the AGCO closing a case tied to suspicious bets on Jontay Porter.
Legalsportsreport · +1 outlets
Wyoming sports betting taxes jump 40% despite a drop in handle
Wyoming collected more tax revenue on lower wagering volume, reflecting shifts in the state's betting mix.
Legal Sports Betting