Seminole Tribe sues DraftKings and CEO Jason Robins, alleging illegal Florida sports betting
The 72-page state court complaint targets DraftKings' Sports Predictions and Pick6 products as violations of the Tribe's exclusive Florida sports betting rights
Sbcamericas · +14 outlets
NFL and 39 states file amicus briefs backing New Jersey's bid for Supreme Court review of Kalshi case
The filings argue sports event contracts are not swaps, escalating the fight over prediction market regulation to the high court.
Sbcamericas · +6 outlets
CFTC codifies interim rule stating casino-style wagers including sports bets are not swaps
The rule aims to separate sports event contracts from traditional wagers after appellate rulings cast doubt on their similarity.
Sbcamericas · +6 outlets
DraftKings tops FanDuel in first month of NFL season as New York handle shifts
Early-season data shows DraftKings moving ahead of its largest rival in a key regulated market.
PlayNY · +14 outlets
New York plans stronger sports betting regulation to curb gambling addiction
State regulators are weighing tighter rules amid debate over whether betting revenue cannibalizes other tax receipts.
ProPublica · +14 outlets
Coinbase pulls sports event contracts in Michigan as prediction market retreat spreads to three states
State regulatory pressure is pushing prediction market platforms to scale back sports offerings.
Legalsportsreport · +1 outlets
Head of gambling addiction nonprofit resigns over $2 million Kalshi donation
The resignation highlights friction between addiction-prevention groups and prediction market operators funding them.
Fortune · +2 outlets
Brazil court lets Stake continue operating until October 25 under restrictions
A Sao Paulo federal court granted a partial injunction while upholding the effects of a provisional measure on fixed-odds betting.
Sbcamericas · +9 outlets
Nebraska online sports betting petitions get another $7 million from DraftKings and FanDuel
The operators are funding a ballot effort to legalize online sports betting in the state.
Nebraska Public Media · +14 outlets
Underdog CEO tells IG Group investors what the $1.3 billion acquisition buys
Jeremy Levine pitched the deal as buying a sports company built around prediction markets.
Sbcamericas · +14 outlets
NFL submits prediction markets stance to Supreme Court backing New Jersey against Kalshi
The league's amicus brief contends sports event contracts are not swaps and should not fall under federal derivatives oversight.
Legalsportsreport · +12 outlets
ProPublica documents $22K sports betting experiment in video
The investigation examines how modern sportsbook apps and promotions affect bettor behavior.
ProPublica
Nevada targets 2027 overhaul of sportsbook technology standards
The state is planning new technical requirements for sportsbook systems in its regulated market.
Betting News · +1 outlets
Prediction markets partly retrench as Kalshi teams with tribes and FanDuel pivots from CME
The weekly roundup tracks shifting alliances and strategy among prediction market operators.
Sbcamericas
Sports betting sparks public health debate
Industry observers weigh the public health implications of expanding legal wagering.
Fitt Insider · +14 outlets
Former SEC chair calls Trump administration and Kalshi gambling regulation stance 'frankly absurd'
The critique adds to the policy debate over how prediction markets should be regulated.
CNBC · +2 outlets
Flutter names Dan Taylor to leadership role as Allwyn appoints new CTO
The weekly roundup covers executive changes across land-based gaming, online gambling, and prediction markets.
Sbcamericas
Charles Barkley voices support for legal sports betting in Alabama
The former NBA star adds a high-profile voice to Alabama's legalization discussion.
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