Prediction market open interest hits record $1.48 billion as sports bets climb
Decentralized prediction markets saw record participation and trading volume as the broader sports betting market continued to grow.
Yahoo Finance · +1 outlets
Michigan's gambling expansion carries social costs, particularly for young men
Reporting from Michigan highlighted concerns about problem gambling growth and youth exposure as the state's online gaming market matures.
Crain's Detroit
Kalshi prediction market volume surges to $8.5 billion weekly amid World Cup betting
The platform reported record weekly trading volume driven by heavy interest in World Cup outcome contracts.
The Closing Line
World Cup betting handles show USA and Colombia as major sportsbook liabilities
Heavy betting on these teams created significant exposure for operators during the tournament.
NY Sports Day · +3 outlets
7Games, Betão & R7 launch FIRST.bet sportsbook in Brazil
Brazilian players now have a new licensed sportsbook option through the FIRST.bet platform launched by three local companies.
igamingbusiness.com · +2 outlets
Gaming groups ask Congress to keep sports out of prediction markets
Industry associations sought legislative action to limit sports betting integration into decentralized prediction trading platforms.
LegalSportsReport · +14 outlets
Tennessee sports betting handle reaches $443 million in May 2026
Tennessee reported monthly sports betting handle and tax figures for May, contributing to ongoing state revenue data.
rg.org
Connecticut sports betting handle totals $187.3 million in May with $15.6 million GGR
Connecticut released monthly gambling revenue figures showing continued activity in the regulated market.
rg.org