Sports Betting

Reports coming out of Brazil suggest that President Lula da Silva is on the verge of introducing a provisional measure to restrict the Bets regime in the coming days, with full gambling bans not yet ruled out. SBC Noticias Brasil noted that the information comes from sources close to the President’…

The company will continue as main sponsor until 2030.

Having a monopoly is all well and good, but if your target audience is going elsewhere, is it serving its purpose? This is a question that Veikkaus, Finland’s gambling monopoly, is all too familiar with. Olli Sarekoski, Veikkaus’ President and Chief Executive Officer, walks SBC News through exactly…

DATA.BET, a leading sportsbook solution supplier, has released a major update to its Prediction Markets, the standalone betting offering launched in April 2026. It introduces a new crypto-focused Up or Down market type, live and historical data Widgets across the Crypto and Finance categories, and…

Betby said its SlotBets solution turns sports betting into a casino-style experience.

Bank of America is now fairly certain that sports betting is a bad deal for gamblers, who are taking back roughly $0.75 on the dollar on every bet they place. BofA Cites Poor Returns for People Who Put Money on Sports Betting The BofA comments are specifically targeted at people who think they can…

After rumors first swirled in August, bet365 is finally delivering, and the company has officially confirmed the launch of its dedicated sportsbook in Washington, D.C. In this 19th jurisdiction, the operator is now up and running across the United States. Bet365 has expanded to a 19th jurisdiction…

Fresh research from Bank of America confirms just how hard it is to break even while betting on sports, let alone relying on that activity for income. Acknowledging that it can only see the money its customers deposit to and pull from online sports betting platforms, meaning winnings that aren’t wi…

Underdog has announced what its founder called “not fun news.” As it turns out, the company is shutting down its fantasy sports business in seven states in favor of prediction markets. This comes amid a continued conflict surrounding the legality of prediction markets in certain states. Underdog Ha…

The area outside T‑Mobile Arena has a new identity. The two‑acre space formerly known as Toshiba Plaza is now officially known as Paramount+ Plaza. The plaza, which sits directly in front of the arena on the Las Vegas Strip, has served as the main gathering point for Golden Knights fans since the v…

A congressman from California is requesting that the Department of Justice (DOJ) and Treasury Department conduct probes into whether offshore sportsbooks violated federal laws in allowing US consumers to place bets on the 2026 Little League World Series (LLWS). Rep. Kevin Kiley, an independent who…

British Columbia’s gambling regulator has joined the growing push against treating sports and entertainment prediction contracts in Canada as securities or derivatives. According to a statement released by the Independent Gambling Control Office (IGCO), products based on sports and entertainment ou…

Caesars Sportsbook is asking a federal judge to dismiss a lawsuit by the Cayuga Nation. The dispute centers on allegations that the operator accepted mobile sports wagers without the tribe’s permission. This case adds to an increasingly complex legal debate over tribal sovereignty and whether the p…

The rapid spread of prediction markets across the USA has drawn the attention of several other countries. While the UK has previously opposed companies like Kalshi and Polymarket, its stance might soon shift, according to a recent report by The Times. Despite these promising signs, legalizing predi…

Caesars Sportsbook has asked a federal judge to dismiss a lawsuit brought by the Cayuga Nation over mobile sports wagers allegedly placed from within the tribe’s reservation, arguing that federal tribal gaming law does not provide the Nation with a claim against a private sportsbook. In an August 1…

Polymarket is the world’s largest prediction market by trading volume, but the crypto-based platform trails in the US. In seeking to increase its market share for Polymarket.us, the company is betting big on multimillion-dollar partnerships with some of the biggest names in sports and pop culture.…

Robinhood Markets (NASDAQ: HOOD) announced today it is teaming up with Crypto.com and that company’s OG.com platform, which was recently spun out as a standalone entity, on prediction markets. The brokerage firm said it will “begin routing a selection of event contracts” through Crypto.com and OG.c…

Entain has called on Premier League clubs to end their affiliation with unlicensed gambling operators for the second time in just a few months. The Ladbrokes Coral owner revealed to SBC News that it has written to 10 clubs in England’s top footballing division which it found had deals with bookmake…