Sports Betting Industry News for October 2026

Sports Betting Industry News for Oct. 2026

Here's How the Hectic and Risky Business of Prediction Market Parlays Works

The business of providing combos and parlays via prediction markets is booming, but it’s risky and comes with challenges.

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Oct 27, 2026 • 11:04 ET • 6 min read

Covers Betting News Digest: Today's Biggest Stories Tuesday, Oct. 27

Michael McClymont - Senior News Editor at Covers.com

Michael McClymont

Oct 27, 2026 • 15:14 ET • 4 min read

Covers Betting News Digest: Today's Biggest Stories Tuesday, Oct. 27

Michael McClymont

Oct 27, 2026 • 15:14 ET • 4 min read

Sports Dominate Prediction Markets. Executives See a Bigger Future Beyond Them

Ryan Butler - Covers

Ryan Butler

Oct 26, 2026 • 16:59 ET • 6 min read

Sports Dominate Prediction Markets. Executives See a Bigger Future Beyond Them

Ryan Butler

Oct 26, 2026 • 16:59 ET • 6 min read

Industry Must Reads

Covers Betting News Digest: Today's Biggest Stories Tuesday, Oct. 27

Michael McClymont

Oct 27, 2026 • 15:14 ET • 4 min read

New York Sportsbooks' Revenue Slumps in September Despite Higher Handle

Brad Senkiw

Oct 27, 2026 • 12:36 ET • 4 min read

Circa Survivor Week 7: Only 660 Entries Remain After Upsets to Texans, Jets

Ryan Gilbert

Oct 27, 2026 • 11:43 ET • 4 min read

Kalshi Generates $10B of $14B in Weekend Trading

Brad Senkiw

Oct 27, 2026 • 11:37 ET • 4 min read

General Sports News

New York Sportsbooks' Revenue Slumps in September Despite Higher Handle

Brad Senkiw - Covers

Brad Senkiw

Oct 27, 2026 • 12:36 ET • 4 min read

New York Sportsbooks' Revenue Slumps in September Despite Higher Handle

Brad Senkiw

Oct 27, 2026 • 12:36 ET • 4 min read

Circa Survivor Week 7: Only 660 Entries Remain After Upsets to Texans, Jets

Ryan Gilbert - Covers

Ryan Gilbert

Oct 27, 2026 • 11:43 ET • 4 min read

Circa Survivor Week 7: Only 660 Entries Remain After Upsets to Texans, Jets

Ryan Gilbert

Oct 27, 2026 • 11:43 ET • 4 min read

Kalshi Generates $10B of $14B in Weekend Trading

Brad Senkiw - Covers

Brad Senkiw

Oct 27, 2026 • 11:37 ET • 4 min read

Kalshi Generates $10B of $14B in Weekend Trading

Brad Senkiw

Oct 27, 2026 • 11:37 ET • 4 min read

Here's How the Hectic and Risky Business of Prediction Market Parlays Works

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Oct 27, 2026 • 11:04 ET • 6 min read

Here's How the Hectic and Risky Business of Prediction Market Parlays Works

Geoff Zochodne

Oct 27, 2026 • 11:04 ET • 6 min read

NBA Strikes First Prediction Market Partnerships with Kalshi, Polymarket, DraftKings

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Oct 26, 2026 • 14:20 ET • 5 min read

NBA Strikes First Prediction Market Partnerships with Kalshi, Polymarket, DraftKings

Geoff Zochodne

Oct 26, 2026 • 14:20 ET • 5 min read

Sportsbooks, Prediction Markets Line Up Sports Equinox Offers

Grant Mitchell - News Editor

Grant Mitchell

Oct 26, 2026 • 14:16 ET • 4 min read

Sportsbooks, Prediction Markets Line Up Sports Equinox Offers

Grant Mitchell

Oct 26, 2026 • 14:16 ET • 4 min read

State News

New York Gaming Commission Targets Kalshi Over Subpoenas

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Oct 24, 2026 • 16:12 ET • 4 min read

New York Gaming Commission Targets Kalshi Over Subpoenas

Jori Negin-Shecter

Oct 24, 2026 • 16:12 ET • 4 min read

New York Sportsbook Hold Reaches Double Digits for 1st Time This NFL Season

Brad Senkiw - Covers

Brad Senkiw

Oct 24, 2026 • 07:12 ET • 4 min read

New York Sportsbook Hold Reaches Double Digits for 1st Time This NFL Season

Brad Senkiw

Oct 24, 2026 • 07:12 ET • 4 min read

Kalshi CEO Confident Amid Prospect of Supreme Court Showdown

Amy Calistri - Covers.com

Amy Calistri

Oct 22, 2026 • 16:05 ET • 4 min read

Kalshi CEO Confident Amid Prospect of Supreme Court Showdown

Amy Calistri

Oct 22, 2026 • 16:05 ET • 4 min read

Ohio Gives Gaming Licensees Oct. 30 Deadline to Cut Sports Prediction Market Ties

Brad Senkiw - Covers

Brad Senkiw

Oct 22, 2026 • 13:09 ET • 4 min read

Ohio Gives Gaming Licensees Oct. 30 Deadline to Cut Sports Prediction Market Ties

Brad Senkiw

Oct 22, 2026 • 13:09 ET • 4 min read

New York Election Preview: Online Casinos, Prediction Markets Loom Large

Ryan Butler - Covers

Ryan Butler

Oct 21, 2026 • 14:26 ET • 4 min read

New York Election Preview: Online Casinos, Prediction Markets Loom Large

Ryan Butler

Oct 21, 2026 • 14:26 ET • 4 min read

Utah Sues Kalshi, Susquehanna for Alleged Illegal Gambling

Amy Calistri - Covers.com

Amy Calistri

Oct 21, 2026 • 06:13 ET • 4 min read

Utah Sues Kalshi, Susquehanna for Alleged Illegal Gambling

Amy Calistri

Oct 21, 2026 • 06:13 ET • 4 min read

iGaming News

Alberta iGaming Generates Nearly $3B in Wagers, $122M in Revenue in 1st 3 Months

Brad Senkiw - Covers

Brad Senkiw

Oct 26, 2026 • 14:52 ET • 4 min read

Alberta iGaming Generates Nearly $3B in Wagers, $122M in Revenue in 1st 3 Months

Brad Senkiw

Oct 26, 2026 • 14:52 ET • 4 min read

New York Election Preview: Online Casinos, Prediction Markets Loom Large

Ryan Butler - Covers

Ryan Butler

Oct 21, 2026 • 14:26 ET • 4 min read

New York Election Preview: Online Casinos, Prediction Markets Loom Large

Ryan Butler

Oct 21, 2026 • 14:26 ET • 4 min read

BetMGM Breathes Fire in Canada With House of the Dragon Slot Game

Ziv Chen

Ziv Chen

Oct 21, 2026 • 12:09 ET • 4 min read

BetMGM Breathes Fire in Canada With House of the Dragon Slot Game

Ziv Chen

Oct 21, 2026 • 12:09 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

Covers Betting News Digest: Today's Biggest Stories Tuesday, Oct. 27

Michael McClymont

Oct 27, 2026 • 15:14 ET

New York Sportsbooks' Revenue Slumps in September Despite Higher Handle

Brad Senkiw

Oct 27, 2026 • 12:36 ET

Circa Survivor Week 7: Only 660 Entries Remain After Upsets to Texans, Jets

Ryan Gilbert

Oct 27, 2026 • 11:43 ET

Kalshi Generates $10B of $14B in Weekend Trading

Brad Senkiw

Oct 27, 2026 • 11:37 ET

Here's How the Hectic and Risky Business of Prediction Market Parlays Works

Geoff Zochodne

Oct 27, 2026 • 11:04 ET

Sports Dominate Prediction Markets. Executives See a Bigger Future Beyond Them

Ryan Butler

Oct 26, 2026 • 16:59 ET

Alberta iGaming Generates Nearly $3B in Wagers, $122M in Revenue in 1st 3 Months

Brad Senkiw

Oct 26, 2026 • 14:52 ET

NBA Strikes First Prediction Market Partnerships with Kalshi, Polymarket, DraftKings

Geoff Zochodne

Oct 26, 2026 • 14:20 ET

Sportsbooks, Prediction Markets Line Up Sports Equinox Offers

Grant Mitchell

Oct 26, 2026 • 14:16 ET

Jalen Williams' Injury Shakes Up Top of NBA Championship Odds Board

Grant Mitchell

Oct 26, 2026 • 13:54 ET

Markets Split on Miami, Georgia for National Championship Favorite

Grant Mitchell

Oct 25, 2026 • 13:44 ET

Ex-NBA Player Malik Beasley Intends to Plead Guilty in Gambling Case

Ryan Gilbert

Oct 24, 2026 • 18:33 ET

Show more Industry News

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