Archive snapshot · The Book
Fri, Oct 30, 6:45 AM ET
Federal and state officials ramp up scrutiny of DraftKings and other sports betting apps
Regulators and lawmakers are increasing pressure on major sportsbook operators over their practices as the U.S. legal betting market matures.
ProPublica · +8 outlets
Utah files 13 to 14 felony charges against Kalshi in escalating prediction market fight
The Republican anti-gambling state has escalated its campaign against prediction markets by pursuing criminal charges against the exchange's cofounders.
Sbcamericas · +14 outlets
Kalshi sues Missouri AG after cease-and-desist letter over sports event contracts
Kalshi argues that complying with Missouri's cease-and-desist order while maintaining its federal business is impossible, joining other platforms in suing state
Sbcamericas · +14 outlets
Polymarket halts sports contracts in Michigan, becoming fourth platform to exit state
Polymarket will stop offering new sports event contracts to Michigan customers and close open positions by Nov. 25 under an agreement with the state gaming boar
Legalsportsreport · +7 outlets
New York sports betting handle hits $2.4B September record despite prediction market growth
New York set a monthly handle record in September even as revenue declined, illustrating the cost of promotional competition and the rise of prediction markets.
Sportsbook Review · +7 outlets
Malik Beasley agrees to guilty plea in NBA sports betting scandal
The former NBA guard reversed his earlier not guilty plea and agreed to plead guilty to federal charges that he manipulated his on-court play in a betting schem
Legalsportsreport · +14 outlets
Nearly half of US teens ages 13 to 17 say they gambled in the last year, survey finds
A new survey highlights youth exposure to gambling as legal sports betting and prediction markets expand nationwide.
NBC News · +14 outlets
Nebraska online sports betting campaign spending tops $20M ahead of vote
Campaign spending on Nebraska's online sports betting ballot measure has surpassed $20 million as the vote approaches.
CDC Gaming · +3 outlets
Minnesota elections could decide the future of sports betting in the state
Minnesota's 2026 elections may determine whether the state finally legalizes sports betting after years of legislative gridlock.
Gambling News · +14 outlets
Rush Street says US online casino growth cooling but sees legalization hope for 2027
Rush Street Interactive reported Q3 revenue up 39% year over year to $385.9M but warned that online casino growth is slowing as it bets on future state legaliza
Sbcamericas · +2 outlets
Saquon Barkley divests Polymarket stake under NFL betting policy
The Eagles running back sold his stake in Polymarket after the NFL clarified that its betting restrictions also cover prediction market investments.
Legalsportsreport · +14 outlets
Court filing backs Wisconsin sports betting ban on prediction markets like Kalshi
A court filing supports Wisconsin's position that prediction market sports contracts fall under the state's existing sports betting prohibition.
WTAQ · +4 outlets
Caesars Digital posts strong Q3 with adjusted EBITDA up more than 50%
Caesars Digital's quarterly adjusted EBITDA jumped over 50% year over year, though the company disclosed few details on what drove the increase.
Legalsportsreport · +4 outlets
Kalshi caps deposits at $2,500 per month for traders aged 18 to 20
The prediction market operator introduced new safeguards aimed at limiting exposure for its youngest users.
Legalsportsreport · +14 outlets
New York built legal sports betting the right way, and prediction markets are undercutting it
The opinion piece argues New York's regulated sportsbook model is being eroded by prediction market operators that avoid state gambling frameworks.
Empire Report · +14 outlets
MGM Resorts CEO says back-and-forth takeover talk with People Inc. is over for good
MGM Resorts President and CEO Bill Hornbuckle definitively closed the door on any deal between MGM and Barry Diller's People Inc.
Sbcamericas · +8 outlets
Malik Beasley, rigged pitches and coded messages: guide to the Clase-Ortiz trial
The New York Times previews the upcoming trial over alleged pitch manipulation, one of the highest-profile betting integrity cases in baseball.
The New York Times
Illinois sports betting revenue hits two-year low in August
Illinois sportsbooks reported $1.03 billion in August handle but revenue fell to a two-year low, reflecting heavy promotional spending and unfavorable results.
Legal Sports Betting · +1 outlets

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