Nebraska voters reject both online sports betting ballot measures despite $20M+ industry push
FanDuel and DraftKings spent more than $20 million backing the measures, and the defeat is being read as a warning sign for future US online gambling expansion.
Sbcamericas · +11 outlets
New Flutter CEO leans on FanDuel promotions to win customers as profits suffer
Flutter is increasing promotional spend at FanDuel even as profitability weakens, and the company is hopeful about legalization after the midterms.
CNBC · +5 outlets
9th Circuit declines to rehear Kalshi's Nevada sports betting fight
The appellate ruling keeps the dispute over prediction markets and state sports betting jurisdiction alive, with an Ohio senator now pushing regulation after a
Law360 · +14 outlets
California: Becerra wins governor race, tribes eye 2028 sports betting push
The governor's race outcome revives tribal hopes for a California sports betting initiative after years of failed ballot efforts.
RG.org · +2 outlets
Texas sports betting hopes rise after election shifts as Dan Patrick loses
Changes in the Texas legislature and the lieutenant governor's race could open the door to sports betting and THC legislation in a state that has resisted expan
Casino.org · +3 outlets
New York AG sues Kalshi over influencer ads and 'no house' claims
Letitia James is seeking records on Kalshi's influencer marketing and market-making, opening a new front in the state's fight with prediction markets.
Sbcamericas · +9 outlets
Michael Rubin's Fanatics betting ambitions face a steeper climb after Tuesday's results
Election outcomes that blocked expansion in key states complicate Fanatics' goal of becoming a top-tier US sportsbook.
Fortune · +1 outlets
Sportradar says prediction markets business booming despite state pushback
CEO Carsten Koerl said he is unconcerned by states shutting out prediction markets after the data firm reported Q3 uplift from event contracts.
Sbcamericas · +1 outlets
Minnesota DFL gains legislature seats, shifting sports betting outlook
The Minnesota Legislature's new balance of power could change the long-stalled debate over legalizing sports betting in the state.
CDC Gaming · +2 outlets
Cleveland Guardians pitchers Clase and Ortiz called 'cheaters' as fraud trial opens in Brooklyn
The trial centers on allegations of pitch-rigging and illegal betting tied to the two Guardians pitchers.
KTVN · +4 outlets
Ontario sports betting revenue jumps 27% in September as NFL season starts
The NFL kickoff drove a sharp rise in Ontario's regulated sports betting revenue.
Casino.org · +1 outlets
North Carolina sports betting handle reaches $691.3 million in September
Football season pushed North Carolina betting activity up 38% month over month.
Betting News · +3 outlets
New York mobile betting revenue hits $79.4M in week ending Oct. 25
New York's weekly sports betting handle and revenue both rose in the latest October reporting period.
Gambling.com · +1 outlets
Michigan approves fixed odds horse racing betting for online sportsbooks
The change expands the products Michigan online sportsbooks can offer beyond traditional pari-mutuel horse racing wagers.
iGaming.org · +8 outlets
FanDuel, DraftKings pull back on Ohio sportsbook promotions
The operators are trimming promo spend in Ohio and Missouri as acquisition costs weigh on first-season football gains.
Legal Sports Betting · +12 outlets
Nebraska study finds legal online sports betting may cut household savings and investments
Researchers say legalization is associated with reduced household savings and investment activity, adding a fiscal dimension to the state's betting debate.
CDC Gaming · +4 outlets
DraftKings returns to $100 million in Kentucky sports betting
Kentucky handle crossed the $100 million mark again as the operator's in-state volume rebounds.
Legal Sports Betting · +1 outlets
Ohio sports betting revenue up 7% through September on higher hold
Ohio operators generated more revenue despite flat handle as hold percentages improved.
Deadspin · +1 outlets