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Top story 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.

full coverage →legalizationnebraskaelections
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.

full coverage →earningsfanduelflutter
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 Sixth Circuit decision.

full coverage →prediction-marketskalshicourts
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 expansion.

full coverage →legalizationtexaselections
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.

full coverage →prediction-marketskalshiregulation
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.

full coverage →integritymlbcourts
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.

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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.

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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.

full coverage →researchnebraskaconsumer-finance
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