Sports Betting

Gambling regulators in Maine are now actively monitoring DraftKings, one of America’s largest sports betting companies, after a report by The New York Times suggests that the company has been using AI technology to keep people playing more. NYT Report Continues to Get DraftKings in Trouble Across t…

Brazil has to move forward with lawsuit against 17 betting operators as the AGU has not yet complied with the order of the judge of the 6th Federal Court of Pernambuco to amend the application. The judge instructed Brazil to substantiate how gambling firms allegedly caused public health expenditure…

With the 2026 SBC Summit in Lisbon now behind us, SBC News looks back on the five key takeaways from the blockbuster event in Lisbon which played host to keynotes from stars including Michael Jordan and Charles Oliveira. Both on and beyond the main stage, there were plenty of big talking points whi…

Receipts from the early stages of the UK’s new gambling tax framework have presented a new challenge for industry lobbying amid yet another intense conversation about whether Machine Games Duty (MGD) will increase in the next budget. Remote Gaming Duty (RGD), the tax paid on online gambling, increa…

Fanatics is stepping up its game against the biggest names in US sports betting, with chief executive officer Michael Rubin saying he wants the company to eventually become the market leader. Challenges Only Strengthened Their Plans to Grow Rubin, the billionaire founder and chief executive of Fana…

Around 480,000 Brazilians have voted for Lula’s betting ban in a Senate public consultation. In the e-Cidadania portal poll 478,845 votes were in favour and 80,387 against on 3 October. Proponents have more votes than the opponents approximately six to one. The e-Cidadania consultation, which is ba…

Alberta intends to undertake measures against online gambling businesses that operate in the province without a license following the transition date of October 13. Alberta opened its regulated online gambling industry to all operators on July 13 after which it allowed a grace period of three month…

In the first week following the implementation of the betting ban, Brazilian officials submitted over 10,000 illegal gambling sites to the authorities for removal. According to the results published by the Ministry of Finance and the Ministry of Justice and Public Security, as a result of the measu…

Brazil’s Supreme Court Justice Luiz Fux will hear a lawsuit filed by three gambling associations who want to suspend the betting ban. Justice Luiz Fux has been appointed rapporteur for lawsuits challenging the provisional measure issued by President Luiz Inácio Lula da Silva that banned fixed-odds…

A former sports bettor who self-excluded from regulated gambling sites went on to lose more than $25,000 trading on Kalshi, raising new questions about prediction markets and gambling harm. Self-Excluded Bettor Loses More Than $25K Trading on Kalshi The Pennsylvania man, who uses Thomas as his midd…

Loyola University Chicago is introducing a new undergraduate course to study the impact of sports betting and prediction markets on the US sports industry. Loyola Course Explores the Growing Role of Gambling in US Sports The course, launched in Spring 2025 by the university’s Quinlan School of Busi…

Philippines-listed online gaming operator DigiPlus Interactive Corp faces a “difficult second half” of 2026 as pressure on household spending weighs on its domestic business, although its fundamentals remain “intact”, says Maybank Securities Inc. The brokerage expects a gradual earnings recovery in…

Thai cybercrime police have arrested one of the country's best-known anti-corruption campaigners, Atchariya Ruangrattanapong, in connection with an online boxing gambling investigation involving a network that allegedly generated more than 1 billion baht ($29.6 million) in turnover. The post Promin…

Continent 8 Technologies has opened a specialist edge data center at Tioga Downs Casino Resort in Nichols, New York, to support licensed operators and approved B2B suppliers serving the state’s regulated online sports betting market. The post Continent 8 launches new edge data center at Tioga Downs…

PENN Entertainment’s theScore Bet announced a new multi-year partnership with the National Football League (NFL), which the company said will give it more tools to engage with football fans in Canada. Under the agreement, theScore Bet will gain access to NFL trademarks and league intellectual prope…

Be it prediction markets, sports betting or other forms of alternative finance, young people like to gamble and one of their motivations for doing so is clear: reducing debt. A new survey by debt settlement provider National Debt Relief indicates that “87% of millennials as well as 77% of Gen Z cur…

Federal prosecutors in Texas allege that a self-described “local golfing legend” ran an illegal sports betting ring out of his indoor Trackman golf club and sports bar in McAllen. Ronald Lynn Kilby, 71, of Lakeway, Texas, is accused of using Killers Golf, an indoor golf center with Trackman hitting…

The U.S. online sports wagering industry is a duopoly controlled by DraftKings (NASDAQ: DKNG) and Flutter Entertainment’s (NYSE: FLUT) FanDuel, but Fanatics may have something to say about that. Michael Rubin, chief executive officer of the privately held company, told Bloomberg Fanatics could boos…