Sports Betting Industry News for May 2026

Sports Betting Industry News for May. 2026

Minnesota Prediction Market Ban Passed by Legislature

Minnesota passes first state-level prediction market ban, setting up likely legal fights over federal authority.

Ryan Butler - Covers

Ryan Butler

May 13, 2026 • 11:43 ET • 4 min read

Dana White Asks Trump to Help Repeal Gambling Deduction Law

Brad Senkiw - Covers

Brad Senkiw

May 13, 2026 • 14:11 ET • 4 min read

Dana White Asks Trump to Help Repeal Gambling Deduction Law

Brad Senkiw

May 13, 2026 • 14:11 ET • 4 min read

Polymarket Removes Waitlist, Launches for US iOS Users

Grant Mitchell - News Editor

Grant Mitchell

May 12, 2026 • 20:16 ET • 4 min read

Polymarket Removes Waitlist, Launches for US iOS Users

Grant Mitchell

May 12, 2026 • 20:16 ET • 4 min read

Industry Must Reads

Dana White Asks Trump to Help Repeal Gambling Deduction Law

Brad Senkiw

May 13, 2026 • 14:11 ET • 4 min read

Oklahoma Governor Vetoes Bill Targeting Sweepstakes Casino Operators

Charlotte Capewell

May 13, 2026 • 12:59 ET • 4 min read

Minnesota Prediction Market Ban Passed by Legislature

Ryan Butler

May 13, 2026 • 11:43 ET • 4 min read

Kalshi, MMA Icon Nate Diaz Announce Partnership Ahead of Saturday's Netflix Bout

Grant Mitchell

May 13, 2026 • 11:37 ET • 4 min read

General Sports News

Kalshi, MMA Icon Nate Diaz Announce Partnership Ahead of Saturday's Netflix Bout

Grant Mitchell - News Editor

Grant Mitchell

May 13, 2026 • 11:37 ET • 4 min read

Kalshi, MMA Icon Nate Diaz Announce Partnership Ahead of Saturday's Netflix Bout

Grant Mitchell

May 13, 2026 • 11:37 ET • 4 min read

Polymarket Removes Waitlist, Launches for US iOS Users

Grant Mitchell - News Editor

Grant Mitchell

May 12, 2026 • 20:16 ET • 4 min read

Polymarket Removes Waitlist, Launches for US iOS Users

Grant Mitchell

May 12, 2026 • 20:16 ET • 4 min read

Rousey Huge Favorite Over Carano, But Public Likes the Underdog

Grant Mitchell - News Editor

Grant Mitchell

May 12, 2026 • 14:41 ET • 4 min read

Rousey Huge Favorite Over Carano, But Public Likes the Underdog

Grant Mitchell

May 12, 2026 • 14:41 ET • 4 min read

LeBron James Retirement, Next Team Markets Running at Kalshi

Grant Mitchell - News Editor

Grant Mitchell

May 12, 2026 • 13:16 ET • 4 min read

LeBron James Retirement, Next Team Markets Running at Kalshi

Grant Mitchell

May 12, 2026 • 13:16 ET • 4 min read

DraftKings Launches Sports Contract Combos for Prediction Market Platform

Brad Senkiw - Covers

Brad Senkiw

May 11, 2026 • 16:43 ET • 4 min read

DraftKings Launches Sports Contract Combos for Prediction Market Platform

Brad Senkiw

May 11, 2026 • 16:43 ET • 4 min read

Pennsylvania Lawmakers Propose State Prediction Market Tax

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

May 11, 2026 • 14:29 ET • 3 min read

Pennsylvania Lawmakers Propose State Prediction Market Tax

Geoff Zochodne

May 11, 2026 • 14:29 ET • 3 min read

State News

Oklahoma Governor Vetoes Bill Targeting Sweepstakes Casino Operators

Charlotte Capewell

Charlotte Capewell

May 13, 2026 • 12:59 ET • 4 min read

Oklahoma Governor Vetoes Bill Targeting Sweepstakes Casino Operators

Charlotte Capewell

May 13, 2026 • 12:59 ET • 4 min read

Minnesota Prediction Market Ban Passed by Legislature

Ryan Butler - Covers

Ryan Butler

May 13, 2026 • 11:43 ET • 4 min read

Minnesota Prediction Market Ban Passed by Legislature

Ryan Butler

May 13, 2026 • 11:43 ET • 4 min read

Alberta Bill Could Enable Sale of Province’s Sports Betting, iCasino Platform

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

May 12, 2026 • 18:56 ET • 4 min read

Alberta Bill Could Enable Sale of Province’s Sports Betting, iCasino Platform

Geoff Zochodne

May 12, 2026 • 18:56 ET • 4 min read

Online Sports Betting is Coming to Wisconsin: All You Need to Know

Brad Senkiw - Covers

Brad Senkiw

May 11, 2026 • 14:22 ET • 4 min read

Online Sports Betting is Coming to Wisconsin: All You Need to Know

Brad Senkiw

May 11, 2026 • 14:22 ET • 4 min read

New Jersey Assembly Committee Approves Sports Betting Account Limit Bill

Brad Senkiw - Covers

Brad Senkiw

May 11, 2026 • 13:05 ET • 4 min read

New Jersey Assembly Committee Approves Sports Betting Account Limit Bill

Brad Senkiw

May 11, 2026 • 13:05 ET • 4 min read

50,000 Canadians Take Advantage of 'At Par' Pricing at 3 Vegas Casinos

Grant Mitchell - News Editor

Grant Mitchell

May 8, 2026 • 11:43 ET • 4 min read

50,000 Canadians Take Advantage of 'At Par' Pricing at 3 Vegas Casinos

Grant Mitchell

May 8, 2026 • 11:43 ET • 4 min read

iGaming News

Oklahoma Governor Vetoes Bill Targeting Sweepstakes Casino Operators

Charlotte Capewell

Charlotte Capewell

May 13, 2026 • 12:59 ET • 4 min read

Oklahoma Governor Vetoes Bill Targeting Sweepstakes Casino Operators

Charlotte Capewell

May 13, 2026 • 12:59 ET • 4 min read

AGA: Sports Betting, iGaming Revenue Each Surged Over 20% in 2025

Brad Senkiw - Covers

Brad Senkiw

May 12, 2026 • 13:29 ET • 4 min read

AGA: Sports Betting, iGaming Revenue Each Surged Over 20% in 2025

Brad Senkiw

May 12, 2026 • 13:29 ET • 4 min read

Ontario Regulator Fines 2 iGaming Distributors Serving Unregulated Sites

Jori Negin-Shecter - Covers

Jori Negin-Shecter

May 8, 2026 • 15:19 ET • 4 min read

Ontario Regulator Fines 2 iGaming Distributors Serving Unregulated Sites

Jori Negin-Shecter

May 8, 2026 • 15:19 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

Dana White Asks Trump to Help Repeal Gambling Deduction Law

Brad Senkiw

May 13, 2026 • 14:11 ET

Oklahoma Governor Vetoes Bill Targeting Sweepstakes Casino Operators

Charlotte Capewell

May 13, 2026 • 12:59 ET

Minnesota Prediction Market Ban Passed by Legislature

Ryan Butler

May 13, 2026 • 11:43 ET

Kalshi, MMA Icon Nate Diaz Announce Partnership Ahead of Saturday's Netflix Bout

Grant Mitchell

May 13, 2026 • 11:37 ET

Polymarket Removes Waitlist, Launches for US iOS Users

Grant Mitchell

May 12, 2026 • 20:16 ET

Alberta Bill Could Enable Sale of Province’s Sports Betting, iCasino Platform

Geoff Zochodne

May 12, 2026 • 18:56 ET

Sen. Schiff: CFTC Can’t Properly Police Expanding Sports Prediction Markets

Ryan Butler

May 12, 2026 • 16:19 ET

Report: Ex-Jaguars Employee’s Lawsuit Against FanDuel Heads to Arbitration

Brad Senkiw

May 12, 2026 • 15:27 ET

Rousey Huge Favorite Over Carano, But Public Likes the Underdog

Grant Mitchell

May 12, 2026 • 14:41 ET

Judge Allows Ho-Chunk Lawsuit Against Kalshi to Proceed in Wisconsin

Charlotte Capewell

May 12, 2026 • 14:13 ET

AGA: Sports Betting, iGaming Revenue Each Surged Over 20% in 2025

Brad Senkiw

May 12, 2026 • 13:29 ET

LeBron James Retirement, Next Team Markets Running at Kalshi

Grant Mitchell

May 12, 2026 • 13:16 ET

Show more Industry News

Contact Us
Careers
Our Team
Brand
Testimonials

Sportsbook Reviews
Sports Betting News
Podcasts
Responsible Gaming

Canada Betting Sites
Canada Casinos
Best Betting Apps

Streak Survivor
King of Covers
Office Pools

The Covers community has

810,221

lifetime members worldwide

Join our community today

Established in 1995,
Covers is the world
leader in sports
betting information.

Site Map Help Privacy Terms of Service

Covers is verified safe by: Evalon Logo

Copyright © 1995 - 2026 CS Media Limited All Rights Reserved.

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.