Industry consensus projects the 2026 World Cup as the largest betting event ever, with sportsbooks ramping up promotions and infrastructure ahead of unprecedented handle.

The Commodity Futures Trading Commission published proposed regulations permitting sports betting on prediction markets after months of review, clearing a regulatory hurdle for platforms like Kalshi.

New York's online sportsbooks reported significant revenue declines in May despite the Knicks' NBA Finals appearance, suggesting seasonal softness ahead of the World Cup.

North Carolina sportsbooks reported their lowest handle of 2026 in May with $578M wagered, while state legislators advance a bill to increase the tax rate on sports betting revenue.

Texas Tech's decision to play quarterback Brendan Sorsby amid a gambling addiction disclosure sparked debate over player responsibility and NCAA oversight.

The New Mexico Attorney General filed suit against Kalshi for allegedly allowing unlicensed sports betting, challenging the prediction markets operator's regulatory status.

DraftKings shares gained momentum following reports of strong prediction market volumes and positive guidance from company leadership.

The Global Initiative Against Transnational Organized Crime warned that the 2026 World Cup's massive betting volumes could amplify illicit gambling and financial crime risks.

FanDuel announced layoffs following its leadership transition and reported earnings slowdown.

Ontario's regulated online gaming market maintained strong performance with April 2026 figures showing substantial handle and revenue.

DraftKings introduced a slot-style live MLB betting product that further merges sports wagering with casino-like mechanics.

The American Gaming Association warned that unregulated prediction markets could divert substantial revenue from state coffers, though the analysis has been questioned.

Gov. Evers' discussions with Wisconsin tribal nations signal movement toward legalizing online sports betting in the state.

Maryland's online sports betting operators contributed nearly $9.9 million in revenue to the state in May 2026.

FanDuel broadened its FanDuel Predicts offering by integrating sports contracts through a partnership with Crypto.com.

FanDuel acknowledged that retail sportsbook operators face persistent challenges maintaining handle volume.

New research indicates that increased sports betting activity correlates with reduced consumer spending on essential groceries.

Georgia lawmakers moved closer to legalizing mobile sports betting with a final Senate hurdle remaining for HB 910.

A Pennsylvania state representative introduced legislation to restrict access to licensed gambling apps within school grounds.

Legal action was filed against sportsbook operators alleging deceptive promotional practices.

Ohio operators reported flourishing businesses in April even as the state's total sports betting handle dipped year-over-year.

Kansas sportsbooks reported declining May performance with both handle and revenue trending downward.

Iowa maintained solid sports betting performance in May with strong handle and revenue figures.

Missouri's sports betting market delivered significant April volumes and tax revenue.