Congress demands MLB, FanDuel answers over Bryce Harper video used as VIP gambler incentive
Three members of Congress are calling on MLB and FanDuel to explain a personalized Bryce Harper video used to incentivize a VIP bettor.
Legal Sports Report · +14 outlets
World Cup betting surge pushes June US sportsbook handle past $7B
Surging handle driven by World Cup wagering pushes monthly US sports betting volume to new heights.
Deadspin · +1 outlets
New York sports betting revenue hits record $214.4M in July despite handle dip
New York online sportsbooks post best-ever July revenue of $214M as hold rate tightens, with tax revenue jumping $50M from World Cup results.
Times Of Casino · +7 outlets
Penn Entertainment invests $20M in Alberta's new betting market
Penn Entertainment enters Alberta's newly regulated market with a $20M investment; DraftKings, theScore Bet and BetMGM also go live.
Northeast Times · +10 outlets
Kalshi gets CFTC emergency order to continue operating in New York despite state suit
The CFTC issues an emergency declaration allowing Kalshi to keep operating in New York despite the state's order to stop.
SBC Americas · +14 outlets
Gen Z investors shift funds from stocks to sports betting, Bloomberg and Betterment reports find
Multiple reports indicate Gen Z investors are diverting retirement and investment money into sports betting accounts.
Blockonomi · +11 outlets
CFTC warns prediction markets against using sportsbook-style odds
The Commodity Futures Trading Commission issues a warning to prediction markets about presenting odds in a sportsbook-style format.
Focus Gaming News · +14 outlets
Colorado Sports Betting Protections Act takes effect, restricting credit card use and daily deposits
New Colorado law caps daily deposits and bans credit card funding for sports betting, part of broader consumer protection measures.
Legal Sports Report · +14 outlets
Conservative groups sue to block Wisconsin tribal online sports betting
Two conservative organizations file a lawsuit in Wisconsin Circuit Court to stop tribal online sports betting in the state.
SBC Americas · +14 outlets
Iowa sports betting handle reaches record $182.9M in July
Iowa's sportsbooks set an all-time monthly handle record at $182.9 million in July.
Focus Gaming News
DraftKings Predictions lawsuit seeks refunds for alleged illegal sports betting losses
A lawsuit filed against DraftKings seeks refunds for customers who lost money on its prediction products, claiming they constitute illegal sports betting.
aboutlawsuits.com · +14 outlets
Circa Sports owner Derek Stevens calls Kalshi and Polymarket 'pirates and thieves' over fees
Circa Sports owner Derek Stevens publicly criticizes prediction market platforms Kalshi and Polymarket, accusing them of unfair fee practices.
Bettors Insider · +2 outlets
Nevada Council on Problem Gambling cuts ties with NCPG over Kalshi deal
The Nevada Council on Problem Gambling formally severs ties with the National Council on Problem Gambling due to NCPG's partnership with Kalshi.
Legal Sports Report · +14 outlets
Maryland online sports betting handle surges in July
Maryland's online sports betting market shows significant handle growth in July, reflecting changing market dynamics.
CDC Gaming · +6 outlets
NFL betting handle projected to hit record $32.3B as prediction markets near $37B
Industry projections see NFL wagering handle reaching $32.3 billion while prediction markets approach $37 billion in volume.
The Manila Times · +1 outlets
FanDuel CFO says company is bullish on sportsbook growth during NFL season
FanDuel CFO Rob Coldrake expresses optimism about sportsbook growth heading into the NFL season during an Oppenheimer fireside chat.
LegalSportsReport · +6 outlets
DraftKings Oregon sports betting revenue jumps 84.5% to $12.4M in July
DraftKings reports an 84.5% year-over-year revenue increase in Oregon to $12.4 million for July.
Bettors Insider
Prediction markets reignite sportsbook spending battle ahead of NFL season
The rise of prediction market platforms is driving increased promotional spending among traditional sportsbooks as the NFL season approaches.
Bettors Insider · +4 outlets