Sports Betting Industry News for April 2026

Sports Betting Industry News for Apr. 2026

NFL Draft's 1st Round Proves Costly for Sportsbooks Amid Surprise Picks

Bettors benefited from a volatile first round, which included Jeremiyah Love at No. 3, Jermod McCoy falling out, and Mansoor Delane rising.

Brad Senkiw - Covers

Brad Senkiw

Apr 24, 2026 • 14:05 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler - Covers

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

If Prediction Markets Don’t Have Trump Behind Them, That’s Trouble

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Apr 24, 2026 • 11:32 ET • 4 min read

If Prediction Markets Don’t Have Trump Behind Them, That’s Trouble

Geoff Zochodne

Apr 24, 2026 • 11:32 ET • 4 min read

Industry Must Reads

New York Sportsbooks Exceed $50M in Online Revenue for 3rd Straight Week

Brad Senkiw

Apr 24, 2026 • 16:29 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

NFL Draft's 1st Round Proves Costly for Sportsbooks Amid Surprise Picks

Brad Senkiw

Apr 24, 2026 • 14:05 ET • 4 min read

Tennessee Sweeps Bill Advances Following Legislative Dispute

Ziv Chen

Apr 24, 2026 • 13:14 ET • 4 min read

General Sports News

NFL Draft's 1st Round Proves Costly for Sportsbooks Amid Surprise Picks

Brad Senkiw - Covers

Brad Senkiw

Apr 24, 2026 • 14:05 ET • 4 min read

NFL Draft's 1st Round Proves Costly for Sportsbooks Amid Surprise Picks

Brad Senkiw

Apr 24, 2026 • 14:05 ET • 4 min read

If Prediction Markets Don’t Have Trump Behind Them, That’s Trouble

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Apr 24, 2026 • 11:32 ET • 4 min read

If Prediction Markets Don’t Have Trump Behind Them, That’s Trouble

Geoff Zochodne

Apr 24, 2026 • 11:32 ET • 4 min read

U.S. Soldier Charged for Profiting Off Maduro Raid on Polymarket

Brad Senkiw - Covers

Brad Senkiw

Apr 23, 2026 • 21:45 ET • 4 min read

U.S. Soldier Charged for Profiting Off Maduro Raid on Polymarket

Brad Senkiw

Apr 23, 2026 • 21:45 ET • 4 min read

DraftKings' 'Early Exit' Saves 1 Million Bettors Since Launch

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Apr 23, 2026 • 16:03 ET • 4 min read

DraftKings' 'Early Exit' Saves 1 Million Bettors Since Launch

Jori Negin-Shecter

Apr 23, 2026 • 16:03 ET • 4 min read

PENN’s Online Brand Change, Retail Spikes Spur YoY Revenue Growth in Q1 2026

Brad Senkiw - Covers

Brad Senkiw

Apr 23, 2026 • 10:29 ET • 4 min read

PENN’s Online Brand Change, Retail Spikes Spur YoY Revenue Growth in Q1 2026

Brad Senkiw

Apr 23, 2026 • 10:29 ET • 4 min read

Kalshi Suspends 3 Political Candidates for Trading on Their Own Races

Amy Calistri - Covers.com

Amy Calistri

Apr 22, 2026 • 19:01 ET • 4 min read

Kalshi Suspends 3 Political Candidates for Trading on Their Own Races

Amy Calistri

Apr 22, 2026 • 19:01 ET • 4 min read

State News

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler - Covers

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

Wisconsin Sues Kalshi, Polymarket, Other Prediction Market Companies

Brad Senkiw - Covers

Brad Senkiw

Apr 24, 2026 • 10:23 ET • 4 min read

Wisconsin Sues Kalshi, Polymarket, Other Prediction Market Companies

Brad Senkiw

Apr 24, 2026 • 10:23 ET • 4 min read

Governors in Illinois, New York Restrict Use of Prediction Markets by State Employees

Amy Calistri - Covers.com

Amy Calistri

Apr 22, 2026 • 18:10 ET • 4 min read

Governors in Illinois, New York Restrict Use of Prediction Markets by State Employees

Amy Calistri

Apr 22, 2026 • 18:10 ET • 4 min read

Oklahoma Senate Rejects Online Sports Betting Bill

Ryan Butler - Covers

Ryan Butler

Apr 22, 2026 • 16:30 ET • 4 min read

Oklahoma Senate Rejects Online Sports Betting Bill

Ryan Butler

Apr 22, 2026 • 16:30 ET • 4 min read

Hard Rock Bet Michigan Delivers $224,718 Jackpot on $1 Spin

Ziv Chen

Ziv Chen

Apr 22, 2026 • 10:56 ET • 4 min read

Hard Rock Bet Michigan Delivers $224,718 Jackpot on $1 Spin

Ziv Chen

Apr 22, 2026 • 10:56 ET • 4 min read

Missouri Sports Betting Tax Increase Bill Stalls

Ryan Butler - Covers

Ryan Butler

Apr 21, 2026 • 17:08 ET • 4 min read

Missouri Sports Betting Tax Increase Bill Stalls

Ryan Butler

Apr 21, 2026 • 17:08 ET • 4 min read

iGaming News

Tennessee Sweeps Bill Advances Following Legislative Dispute

Ziv Chen

Ziv Chen

Apr 24, 2026 • 13:14 ET • 4 min read

Tennessee Sweeps Bill Advances Following Legislative Dispute

Ziv Chen

Apr 24, 2026 • 13:14 ET • 4 min read

RubyPlay Partners with Caesars in Ontario

Ziv Chen

Ziv Chen

Apr 22, 2026 • 12:20 ET • 4 min read

RubyPlay Partners with Caesars in Ontario

Ziv Chen

Apr 22, 2026 • 12:20 ET • 4 min read

Hard Rock Bet Michigan Delivers $224,718 Jackpot on $1 Spin

Ziv Chen

Ziv Chen

Apr 22, 2026 • 10:56 ET • 4 min read

Hard Rock Bet Michigan Delivers $224,718 Jackpot on $1 Spin

Ziv Chen

Apr 22, 2026 • 10:56 ET • 4 min read

Expert Contributors

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne, Senior News Analyst

geoff.zochodne@l1.com

Ryan Butler - Covers

Ryan Butler, Senior News Analyst

ryan.butler@l1.com

Michael McClymont - Senior News Editor at Covers.com

Michael McClymont, Senior News Editor

michael.mcclymont@l1.com

James Bisson

James Bisson, Head of Content, Betting

james.bisson@l1.com

Brad Senkiw - Covers

Brad Senkiw, News Editor

editorial@covers.com

Amy Calistri - Covers.com

Amy Calistri, News Editor

editorial@covers.com

Jori Negin-Shecter - Covers

Jori Negin-Shecter, News Editor

editorial@covers.com

Ziv Chen

Ziv Chen, News Editor

editorial@covers.com

Grant Mitchell - News Editor

Grant Mitchell, News Editor

editorial@covers.com

Industry Resources

Legal Betting States Legal Betting Provinces Betting Revenue Tracker Best Sports Bettors by State Betting Incidents Tracker

All Industry news

New York Sportsbooks Exceed $50M in Online Revenue for 3rd Straight Week

Brad Senkiw

Apr 24, 2026 • 16:29 ET

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler

Apr 24, 2026 • 14:40 ET

NFL Draft's 1st Round Proves Costly for Sportsbooks Amid Surprise Picks

Brad Senkiw

Apr 24, 2026 • 14:05 ET

Tennessee Sweeps Bill Advances Following Legislative Dispute

Ziv Chen

Apr 24, 2026 • 13:14 ET

If Prediction Markets Don’t Have Trump Behind Them, That’s Trouble

Geoff Zochodne

Apr 24, 2026 • 11:32 ET

Wisconsin Sues Kalshi, Polymarket, Other Prediction Market Companies

Brad Senkiw

Apr 24, 2026 • 10:23 ET

U.S. Soldier Charged for Profiting Off Maduro Raid on Polymarket

Brad Senkiw

Apr 23, 2026 • 21:45 ET

DraftKings' 'Early Exit' Saves 1 Million Bettors Since Launch

Jori Negin-Shecter

Apr 23, 2026 • 16:03 ET

Massachusetts Sports Betting Sees Less Action, More Profits in March

Brad Senkiw

Apr 23, 2026 • 14:17 ET

PENN’s Sports Betting Gains Signal Promise for Strategic Shift

Ryan Butler

Apr 23, 2026 • 13:13 ET

PENN’s Online Brand Change, Retail Spikes Spur YoY Revenue Growth in Q1 2026

Brad Senkiw

Apr 23, 2026 • 10:29 ET

Kalshi Suspends 3 Political Candidates for Trading on Their Own Races

Amy Calistri

Apr 22, 2026 • 19:01 ET

Show more Industry News

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