Sports Betting

American gaming and betting giant DraftKings advertises that it operates in all 50 states, despite regulatory trouble in Nevada. As it turns out, things seem to be a bit more nuanced. DraftKings Does Not Operate Traditional Sports Betting in All States The Las Vegas Review-Journal shed some light o…

FanDuel, a leading online gaming and betting company in North America, has announced the addition of new sports betting products and features, in time for the NFL season. These include a new loyalty program, bet protections in case a player sustains an injury, and in-app access to better sports int…

As the field of prediction markets continues to grow rapidly, more and more actors are investing in it, with varying success. However, Novig and Underdog, two relatively new players in the rapidly evolving scene, are making strides thanks to their “combos” – what the industry calls parlays. Novig a…

Three Democratic members of Congress have renewed their inquiry into how FanDuel runs its invite-only VIP program after the lawmakers found the sportsbook’s response to their earlier questions insufficient. Sen. Richard Blumenthal (D-CT) and Reps. Paul Tonko (D-NY) and Valerie Foushee (D-NC) want m…

According to Las Vegas Raiders head coach Klint Kubiak, Hall of Fame quarterback Tom Brady, now a minority owner of the Raiders, has played a major role in shaping the team on the eve of a new season, including his decision Wednesday (Sept. 2) to name Kirk Cousins as his starting quarterback. “We l…

Following recent, opposing rulings on prediction market cases by the Third and Ninth Circuit Courts of Appeals, consensus is building in the investment and legal communities that it’s just a matter of time before the U.S. Supreme Court hears at least one of these cases. At least one analyst is offe…

Kalshi’s chief executive officer, Tarek Mansour, has commented on a recent Ninth Circuit ruling, expressing firm disagreement with how the court described his business. Mansour’s comment was made during an interview with RotoWire and follows a ruling that sided with Nevada regulators seeking to reg…

Fanatics Betting and Gaming has launched Fanatics Sports & Casino, combining its sportsbook, casino, and event contracts offerings in one app. The app is now available to customers across the US, including California, Texas, Florida, New York, and Pennsylvania. Fanatics Sports & Casino brings toget…

Michigan Attorney General Dana Nessel has secured a preliminary injunction against Kalshi, barring the prediction market company from offering sports contracts in Michigan. The order requires Kalshi to maintain geofencing that prevents Michigan residents and anyone within the state from accessing i…

As Senators back proposals to dismantle the commercial framework of the country’s regulated online gambling market. Leonardo Biazzi reports on another bruising week for the Bets Law, as gambling policy becomes a political battleground ahead of Brazil’s October elections. It appears that the script…

New Jersey has asked the U.S. Supreme Court to decide whether states or the federal government have authority to regulate prediction markets, following conflicting rulings by two federal appeals courts over sports-related event contracts. The petition challenges an April decision by the 3rd U.S. Ci…

A combat-sports promotion backed by controversial offshore crypto casino Duel is facing a backlash after Nazi salutes, a swastika flag, and antisemitic abuse marred its inaugural event at Orlando’s Kia Center. Duel Arena 1, held Saturday (August 29), featured a kickboxing bout between Paul “GypsyCr…

Brazil’s Science and Technology Committee (CCT) on Wednesday approved legislation that would sharply restrict betting advertising and sponsorship while introducing new consumer protections, product-risk rules and penalties for promoting unauthorized operators. The committee also approved an urgency…

Flutter Entertainment has confirmed that as many as 100 Paddy Power betting shops in the UK and Ireland are under review, with approximately 400 jobs at risk of redundancy. The figure represents about a fifth of the operator's retail estate in the two markets. The company operates 506 Paddy Power b…

DAZN Bet launched in Alberta in July after entering the Canadian market through Ontario, marking the sportsbook's first expansion into North America. As competition intensifies across Canada's regulated provinces, the operator is betting on brand recognition, localized products and a measured appro…

Yesterday’s (Sept. 2) blockbuster news—the NBA fining the Los Angeles Clippers US$30 million and stripping the team of five first-round draft picks while clearing the Toronto Raptors to acquire Kawhi Leonard—had surprisingly little impact on National Basketball Association (NBA) betting futures. “T…

GoldenRace, a leading provider of virtual sports and betting solutions, has partnered with leading African operator Bwinners to deliver its suite of virtual gaming content across key markets on the continent. The post GoldenRace and Bwinners announce partnership to extend virtual gaming reach acros…

Conflicting rulings by several courts have forced New Jersey to petition the US Supreme Court to resolve the evolving fight over who should regulate prediction markets. This is the first time that the dispute has reached the country’s highest court, and a ruling could have massive implications for…