Sports Betting Industry News for February 2026

Sports Betting Industry News for Feb. 2026

Seahawks Spread, Patriots ML Pushing Action As Super Bowl LX Approaches

Bettors who like 4.5-point favored Seattle are happy to lay the points, while those backing underdog New England are ignoring the spread altogether.

Brad Senkiw - Covers

Brad Senkiw

Feb 6, 2026 • 18:10 ET • 4 min read

'The Bookie' on the Super Bowl, Sports Betting’s Evolution, and Prediction Markets

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Feb 6, 2026 • 16:10 ET • 8 min read

'The Bookie' on the Super Bowl, Sports Betting’s Evolution, and Prediction Markets

Geoff Zochodne

Feb 6, 2026 • 16:10 ET • 8 min read

Q&A: Florida Attorney Dan Newlin on $1M Super Bowl Bet, Pledge to Children's Hospital

Ryan Butler - Covers

Ryan Butler

Feb 6, 2026 • 15:30 ET • 4 min read

Q&A: Florida Attorney Dan Newlin on $1M Super Bowl Bet, Pledge to Children's Hospital

Ryan Butler

Feb 6, 2026 • 15:30 ET • 4 min read

Industry Must Reads

Drake Bets $1 Million on Patriots to Win Super Bowl LX

Michael McClymont

Feb 7, 2026 • 21:56 ET • 4 min read

Biggest Super Bowl Bets: Tracking the Biggest Reported Wagers

Michael McClymont

Feb 7, 2026 • 21:19 ET • 3 min read

Giannis Joins Prediction Market Platform Kalshi as Shareholder

Brad Senkiw

Feb 6, 2026 • 19:05 ET • 4 min read

Seahawks Spread, Patriots ML Pushing Action As Super Bowl LX Approaches

Brad Senkiw

Feb 6, 2026 • 18:10 ET • 4 min read

General Sports News

Drake Bets $1 Million on Patriots to Win Super Bowl LX

Michael McClymont - Senior News Editor at Covers.com

Michael McClymont

Feb 7, 2026 • 21:56 ET • 4 min read

Drake Bets $1 Million on Patriots to Win Super Bowl LX

Michael McClymont

Feb 7, 2026 • 21:56 ET • 4 min read

Biggest Super Bowl Bets: Tracking the Biggest Reported Wagers

Michael McClymont - Senior News Editor at Covers.com

Michael McClymont

Feb 7, 2026 • 21:19 ET • 3 min read

Biggest Super Bowl Bets: Tracking the Biggest Reported Wagers

Michael McClymont

Feb 7, 2026 • 21:19 ET • 3 min read

Giannis Joins Prediction Market Platform Kalshi as Shareholder

Brad Senkiw - Covers

Brad Senkiw

Feb 6, 2026 • 19:05 ET • 4 min read

Giannis Joins Prediction Market Platform Kalshi as Shareholder

Brad Senkiw

Feb 6, 2026 • 19:05 ET • 4 min read

Seahawks Spread, Patriots ML Pushing Action As Super Bowl LX Approaches

Brad Senkiw - Covers

Brad Senkiw

Feb 6, 2026 • 18:10 ET • 4 min read

Seahawks Spread, Patriots ML Pushing Action As Super Bowl LX Approaches

Brad Senkiw

Feb 6, 2026 • 18:10 ET • 4 min read

DraftKings Predictions Adding ‘Player-Specific’ Sports Event Contracts

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Feb 6, 2026 • 17:34 ET • 2 min read

DraftKings Predictions Adding ‘Player-Specific’ Sports Event Contracts

Geoff Zochodne

Feb 6, 2026 • 17:34 ET • 2 min read

'The Bookie' on the Super Bowl, Sports Betting’s Evolution, and Prediction Markets

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Feb 6, 2026 • 16:10 ET • 8 min read

'The Bookie' on the Super Bowl, Sports Betting’s Evolution, and Prediction Markets

Geoff Zochodne

Feb 6, 2026 • 16:10 ET • 8 min read

State News

Cloud's Gate, a popular attraction commonly known as The Bean, is closed in Chicago, Illinois, the United States. (Photo by Joel Lerner/Xinhua) (Photo by Xinhua/Sipa USA)

Illinois Lawmaker Aims to End Online Sports Betting Per-Wager Tax

Brad Senkiw - Covers

Brad Senkiw

Feb 6, 2026 • 12:46 ET • 4 min read

Illinois Lawmaker Aims to End Online Sports Betting Per-Wager Tax

Brad Senkiw

Feb 6, 2026 • 12:46 ET • 4 min read

Illinois Issues Cease-and-Desist Orders to 65 Online Casino, Sweepstakes Platforms

Abi Bray

Abi Bray

Feb 6, 2026 • 09:38 ET • 4 min read

Illinois Issues Cease-and-Desist Orders to 65 Online Casino, Sweepstakes Platforms

Abi Bray

Feb 6, 2026 • 09:38 ET • 4 min read

Virginia Online Casino Gaming Bill Likely Delayed Until at Least 2027

Ryan Butler - Covers

Ryan Butler

Feb 5, 2026 • 17:01 ET • 4 min read

Virginia Online Casino Gaming Bill Likely Delayed Until at Least 2027

Ryan Butler

Feb 5, 2026 • 17:01 ET • 4 min read

New York Regulators Ask for Leagues' Input About Player Prop Restrictions

Brad Senkiw - Covers

Brad Senkiw

Feb 5, 2026 • 13:05 ET • 4 min read

New York Regulators Ask for Leagues' Input About Player Prop Restrictions

Brad Senkiw

Feb 5, 2026 • 13:05 ET • 4 min read

Alabama Senator Introduces Gambling Expansion Bill

Charlotte Capewell

Charlotte Capewell

Feb 4, 2026 • 13:25 ET • 4 min read

Alabama Senator Introduces Gambling Expansion Bill

Charlotte Capewell

Feb 4, 2026 • 13:25 ET • 4 min read

Polymarket Opening Free Grocery Store in New York City

Amy Calistri - Covers.com

Amy Calistri

Feb 3, 2026 • 17:24 ET • 4 min read

Polymarket Opening Free Grocery Store in New York City

Amy Calistri

Feb 3, 2026 • 17:24 ET • 4 min read

iGaming News

Illinois Issues Cease-and-Desist Orders to 65 Online Casino, Sweepstakes Platforms

Abi Bray

Abi Bray

Feb 6, 2026 • 09:38 ET • 4 min read

Illinois Issues Cease-and-Desist Orders to 65 Online Casino, Sweepstakes Platforms

Abi Bray

Feb 6, 2026 • 09:38 ET • 4 min read

Virginia Online Casino Gaming Bill Likely Delayed Until at Least 2027

Ryan Butler - Covers

Ryan Butler

Feb 5, 2026 • 17:01 ET • 4 min read

Virginia Online Casino Gaming Bill Likely Delayed Until at Least 2027

Ryan Butler

Feb 5, 2026 • 17:01 ET • 4 min read

BetMGM CEO: 2025 Financials Exceeded Expectations

Ryan Butler - Covers

Ryan Butler

Feb 4, 2026 • 14:14 ET • 4 min read

BetMGM CEO: 2025 Financials Exceeded Expectations

Ryan Butler

Feb 4, 2026 • 14:14 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

Drake Bets $1 Million on Patriots to Win Super Bowl LX

Michael McClymont

Feb 7, 2026 • 21:56 ET

Biggest Super Bowl Bets: Tracking the Biggest Reported Wagers

Michael McClymont

Feb 7, 2026 • 21:19 ET

Giannis Joins Prediction Market Platform Kalshi as Shareholder

Brad Senkiw

Feb 6, 2026 • 19:05 ET

Seahawks Spread, Patriots ML Pushing Action As Super Bowl LX Approaches

Brad Senkiw

Feb 6, 2026 • 18:10 ET

DraftKings Predictions Adding ‘Player-Specific’ Sports Event Contracts

Geoff Zochodne

Feb 6, 2026 • 17:34 ET

'The Bookie' on the Super Bowl, Sports Betting’s Evolution, and Prediction Markets

Geoff Zochodne

Feb 6, 2026 • 16:10 ET

Q&A: Florida Attorney Dan Newlin on $1M Super Bowl Bet, Pledge to Children's Hospital

Ryan Butler

Feb 6, 2026 • 15:30 ET

NFL Remains Cautious About Prediction Markets, Could Open Door Eventually

Charlotte Capewell

Feb 6, 2026 • 13:46 ET

Illinois Lawmaker Aims to End Online Sports Betting Per-Wager Tax

Brad Senkiw

Feb 6, 2026 • 12:46 ET

Guardians' Clase Accused of Rigging Pitches in 48 Games

Grant Mitchell

Feb 6, 2026 • 10:38 ET

Illinois Issues Cease-and-Desist Orders to 65 Online Casino, Sweepstakes Platforms

Abi Bray

Feb 6, 2026 • 09:38 ET

New York Sets Record Streak of Monthly $2B Sports Betting Handles in January

Brad Senkiw

Feb 5, 2026 • 18:10 ET

Show more Industry News

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