Sports Betting

Gaming stocks of all stripes are incurring punishment with the repudiation particularly harsh for the names linked to iGaming and sports betting. That includes DraftKings (NASDAQ: DKNG), shares of which are off nearly 22% over the past month and are now probing three-year lows. That ongoing slump i…

A Las Vegas gambler accused of running an illegal sportsbook allegedly continued taking bets after his arrest—including from the undercover agent investigating him—prosecutors said Wednesday (September 30). Roberts was originally arrested in April following an investigation by the Nevada Gaming Con…

Internet service providers (ISPs) in the Czech Republic have less than two weeks to comply with a prohibition order issued against Kalshi. On 30 September, the country’s Ministry of Finance announced that the US prediction markets giant has been added to the list of unauthorised gambling operators.…

Maxxed, a crypto casino and sportsbook operated by Obsidian Ventures Limited, has opened its Discord and X channels and launched a $10,000 community giveaway before its platform goes live in October 2026. The brand, which is licensed in Anjouan, will debut with more than 5,000 games, over 15 Maxxed…

A proposed Massachusetts class action lawsuit against DraftKings alleges that the sports betting company used artificial intelligence to identify customers most likely to respond to gambling promotions, including people showing signs of problem gambling. Notably, none of these allegations have been…

Massachusetts sportsbooks are facing new regulatory scrutiny over how they utilize artificial intelligence to target bettors with promotional offers. The Massachusetts Gaming Commission announced an inquiry into licensed operators following a detailed report that highlighted the use of machine lear…

Sports Information Services (SIS) recently found itself in a scandal involving an alleged agreement with Santeda, a gambling operator registered in Curaçao, according to information released from Casino Secrets. According to The Guardian, evidence from the Casino Secrets leak alleges that SIS enter…

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Federal government of Brazil has sued 17 betting operators around $190 million (R$1 billion) in collective moral damages. The federal judge gave 30 days to the government to explain lawsuit and specify “how operators caused health costs.” The suit names 20 operating brands: Betano, Bet365, Superbet…

Entain is soft-launching a new brand in New Zealand through its ElectraWorks Gibraltar license, which requires a VPN to access, Next.io wrote. BlackRush is a separate brand from the already existing FoxySpins, which has been targeting New Zealand, but the two appear to share a platform outside Enta…

Renel Troutman, 24, a Miami-Dade Corrections and Rehabilitation (MDCR) officer, was arrested by the FBI after agents searched his home on Wednesday, September 30, executing a search warrant related to several suspected criminal activities. MDCR Officer in Hot Water with the FBI Troutman is alleged…

Betting companies are forced to disappear from Brazilian football shirts this week as clubs race to comply with a new government measure that could remove more than BRL$1 billion ($191 million) in annual sponsorship revenue from the sport. Three More Days Under Provisional Measure 1,394/2026, betti…

A bill submitted to Brazil’s Chamber of Deputies, on October 1, would require betting operators to reimburse customers for net losses, with inflation adjustments and no specified start date. In PL 5,502/2026, Brazilian Federal Deputy Ricardo Abrão has proposed that betting operators who take money…

Incredible feat for North Carolina: the state’s sports betting market, which officially went online in the month of March 2024, has managed to stay above the $500 million mark for a 12th consecutive month in August 2026. This occurred due to wagering activity’s ongoing growth despite the higher tax…

The CFTC has move forward two sets of rules pertaining to event contracts for review by the White House Office of Information and Regulatory Affairs. The two proposals are not considered economically significant and have not been published yet. The proposals aim to clarify what types of event contr…

MGM Resorts International and Caesars Entertainment have said they will not enter the prediction market space, due to potential risks to their gaming licenses. Caesars and MGM Avoid Prediction Markets Amid Regulatory Concerns The CEOs of the companies debated the issue at the Global Gaming Expo (G2…

Brazilian football clubs will lose betting sponsorships after Lula’s last ban on betting comes into effect on 6 October. The ban includes bans on sports betting ads and sponsorships. Football clubs can lose more than €256.4m in annual revenue from shirt sponsorships, pitchside advertising and broad…

PowerPlay has entered Alberta's regulated iGaming market after it secured all approvals from provincial authorities and completed its commercial onboarding requirements. The province officially opened the market in July, and the operator now offers its online sportsbook to players there. Alberta's…