NBA signs CFTC MOU and partners with Kalshi, Polymarket, DraftKings on prediction markets
The league's first prediction-market partnerships, paired with a federal integrity agreement, mark a major step toward mainstreaming event contracts in US sport
Legalsportsreport · +14 outlets
Caesars Q3 net loss doubles as analysts flag Digital market-share losses
Caesars reported mixed Q3 results with no earnings call while its acquisition by Fertitta Entertainment is pending, underscoring pressure in its digital segment
Sbcamericas · +2 outlets
New York gaming regulator sues Kalshi over alleged refusal to comply with subpoenas
The NYSGC asked a Manhattan court to compel records on Kalshi's sports prediction markets, adding state-level legal pressure on event contracts.
Sbcamericas · +10 outlets
CFTC sues Utah claiming 'irreparable injury' over state action against Kalshi
The Justice Department and CFTC escalated federal litigation against states seeking to shut down prediction markets.
Sbcamericas · +6 outlets
Kalshi pre-emptively sues Louisiana over new illegal gambling laws
Kalshi argued Louisiana showed intent to violate the Supremacy Clause by trying to shut down prediction markets, expanding its legal battles with states.
Sbcamericas · +14 outlets
Flutter shares slump as US listing amplifies FanDuel weakness
Flutter's US-listed shares came under pressure amid concerns about FanDuel's performance in the domestic market.
Traders Union · +3 outlets
DraftKings slides 41% this year as prediction-market spending cuts EBITDA 62%
Heavy investment in the new DraftKings Predictions product has weighed on profitability and the stock, with analysts noting softer betting volumes.
TIKR.com · +4 outlets
Alberta iGaming generates nearly $3B in wagers, $122M revenue in first three months
Alberta's newly regulated online market posted strong early handle, drawing multiple sportsbook launches including DraftKings.
Covers.com · +2 outlets
Stifel cuts Q3 online gambling earnings forecasts, names surprise gaming pick
Stifel lowered its third-quarter online gambling estimates heading into a choppy earnings season, highlighting one favored name.
Legal Sports Report · +4 outlets
Barclays Praises Platform, Retention In BetRivers Parent Initiation
Barclays cited RSI's platform and retention strengths in starting coverage of the BetRivers parent.
Legalsportsreport · +2 outlets
DraftKings faces increased scrutiny over customer targeting policies
A New York Times report on how DraftKings targets customers drew fresh regulatory and reputational attention to the operator.
TipRanks · +13 outlets
Pennsylvania bipartisan bills would ban micro bets and cap online casino losses
Two state representatives introduced three measures targeting in-play micro betting, prop parlays and player loss limits.
Legalsportsreport · +11 outlets
Sports event contracts fall under gambling tax, Tax Law Center says
A tax analysis concluded sports event contracts should be treated as gambling for federal tax purposes, a potentially significant cost issue for prediction mark
RG.org · +14 outlets
NCPG names interim executive director amid scrutiny of Kalshi membership
The National Council on Problem Gambling appointed Charles H. Jeffers II as interim leader while searching for a permanent replacement.
Sbcamericas · +2 outlets
Research: Kalshi on pace for more than $1B in adjusted earnings in 2026
The projection underscores how quickly prediction markets have scaled into a major wagering vertical.
https://www.ingame.com/
Nebraska online sports betting campaign faces late opposition before election
Former Nebraska football coach Tom Osborne joined opponents of the sportsbook-backed ballot effort with days left before voters decide.
Sbcamericas · +3 outlets
Prediction markets could reshape Hawaii sports betting debate into 2027
Hawaii lawmakers are weighing how fast-growing prediction markets affect the state's long-standing prohibition on sports betting.
Sbcamericas · +1 outlets
US iGaming growth slows while sports betting holds stable
New data showed decelerating online casino expansion alongside steady sportsbook activity.
Gambling News · +1 outlets