Utah criminally charges Kalshi and its co-founders with felonies over sports event contracts
The state action escalates the legal fight over prediction markets, where federal regulators have separately sued Utah to protect Kalshi's event contracts.
Deseret News · +14 outlets
Ex-NBA player Malik Beasley agrees to plead guilty in federal sports betting case
The plea marks a rare criminal resolution tied to an alleged NBA gambling ring, drawing coverage from sports and poker outlets.
ESPN · +13 outlets
Nebraska voters decide Tuesday on legalizing online sports betting, with campaign spending topping $20M
The ballot measure is one of the most expensive gambling campaigns of the midterms and could open a new legal online market.
Covers.com · +14 outlets
Polymarket agrees to halt Michigan sports contracts by Nov. 25, fourth platform to exit
The retreat follows similar pullbacks by Kalshi, Robinhood and Coinbase as state regulators tighten pressure on event contracts.
Sbcamericas · +11 outlets
Kalshi sues Missouri, saying cease-and-desist compliance is impossible
The suit is the latest front in the prediction market industry's legal battle with state attorneys general over sports event contracts.
Sbcamericas · +14 outlets
CFTC sues Utah, claiming 'irreparable injury' from state action against Kalshi
The federal lawsuit sets up a direct clash over whether states can shut down CFTC-regulated event contracts.
Sbcamericas · +14 outlets
DraftKings CEO Jason Robins sees 'extraordinary' opportunity as prediction markets reshape sports betting
Robins' comments signal how major sportsbooks view the fast-growing prediction market sector as both a threat and an opening.
CNBC · +3 outlets
New York sports betting handle hits September record $2.4B, but revenue slides 17.7%
Record wagering driven by the Giants and Jets came alongside a sharp revenue decline, highlighting promotional pressure in the market.
Casino.org · +5 outlets
Caesars reports net loss doubled in Q3 as analysts say Digital lost market share
Caesars no longer holds earnings calls while being acquired by Fertitta Entertainment, leaving the numbers to speak on its digital betting struggles.
Sbcamericas · +7 outlets
Sportsbooks pouring $80 million into midterm elections as gambling money flows to both parties
Gambling and prediction market companies are spending heavily on state races that will shape regulation, donating to both sides in some contests.
Sbcamericas · +2 outlets
Eagles' Saquon Barkley says NFL forced him to divest Polymarket equity stake
The disclosure underscores the NFL's strict stance on players holding interests in prediction market and betting platforms.
ESPN · +11 outlets
Rutgers study finds 42.7% of US teens have gambled
The research highlights rising youth gambling rates as states expand online betting and prediction markets.
RG.org · +4 outlets
Illinois sportsbooks report $1.03 billion in August handle
The figure keeps Illinois among the largest US wagering markets by total money bet.
Gaming Intelligence · +2 outlets
Pennsylvania bill proposes sweeping online gambling restrictions
The proposal would tighten rules on online casino and betting activity in one of the largest US markets.
Covers.com · +13 outlets
Massachusetts sports betting revenue rises 34% in September
The jump reflects continued growth in one of the newer legal online sports betting states.
Betting News · +1 outlets
US online casino growth slows in Q3 while sports betting holds steady
The cooling iGaming figures suggest the sector's rapid expansion is moderating even as sportsbook volumes stay stable.
PlayUSA · +8 outlets
New Minnesota legislature could break sports betting stalemate
A shifted legislature could revive long-stalled efforts to legalize sports betting in the state.
CDC Gaming · +1 outlets
DraftKings CEO Jason Robins urges parents to discuss responsible gambling with kids
The comments come amid heightened scrutiny of gambling advertising and youth exposure.
CNBC · +1 outlets