Sports Betting Industry News for October 2026

Sports Betting Industry News for Oct. 2026

Report: Novig's Valuation Quadruples With Prediction Market Pivot, Sydney Sweeney Push

The sports-focused prediction market operator's valuation reportedly rose to $2 billion after it was valued at $500 million in February.

Brad Senkiw - Covers

Brad Senkiw

Sep 30, 2026 • 16:49 ET • 4 min read

Mattress Mack Puts $516K on Kalshi for Astros to Win World Series

Brad Senkiw - Covers

Brad Senkiw

Sep 30, 2026 • 13:20 ET • 4 min read

Mattress Mack Puts $516K on Kalshi for Astros to Win World Series

Brad Senkiw

Sep 30, 2026 • 13:20 ET • 4 min read

Casino CEOs Warn Prediction Markets Threaten State Gaming Regulations

Ryan Butler - Covers

Ryan Butler

Sep 29, 2026 • 16:29 ET • 4 min read

Casino CEOs Warn Prediction Markets Threaten State Gaming Regulations

Ryan Butler

Sep 29, 2026 • 16:29 ET • 4 min read

Industry Must Reads

PowerPlay Sportsbook Launches in Alberta as NHL Season Gets Underway

Jori Negin-Shecter

Sep 30, 2026 • 17:48 ET • 4 min read

Report: Novig's Valuation Quadruples With Prediction Market Pivot, Sydney Sweeney Push

Brad Senkiw

Sep 30, 2026 • 16:49 ET • 4 min read

Dana White Wins $1M Baccarat Hand at Park MGM

Grant Mitchell

Sep 30, 2026 • 14:47 ET • 4 min read

Mattress Mack Puts $516K on Kalshi for Astros to Win World Series

Brad Senkiw

Sep 30, 2026 • 13:20 ET • 4 min read

General Sports News

PowerPlay Sportsbook Launches in Alberta as NHL Season Gets Underway

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Sep 30, 2026 • 17:48 ET • 4 min read

PowerPlay Sportsbook Launches in Alberta as NHL Season Gets Underway

Jori Negin-Shecter

Sep 30, 2026 • 17:48 ET • 4 min read

Mattress Mack Puts $516K on Kalshi for Astros to Win World Series

Brad Senkiw - Covers

Brad Senkiw

Sep 30, 2026 • 13:20 ET • 4 min read

Mattress Mack Puts $516K on Kalshi for Astros to Win World Series

Brad Senkiw

Sep 30, 2026 • 13:20 ET • 4 min read

Caesars Announces WSOP Online 2026 Fall Bracelet Schedule

Amy Calistri - Covers.com

Amy Calistri

Sep 30, 2026 • 12:04 ET • 4 min read

Caesars Announces WSOP Online 2026 Fall Bracelet Schedule

Amy Calistri

Sep 30, 2026 • 12:04 ET • 4 min read

Kalshi Nearing $1 Billion Funding at $40 Billion Valuation

Grant Mitchell - News Editor

Grant Mitchell

Sep 30, 2026 • 10:44 ET • 4 min read

Kalshi Nearing $1 Billion Funding at $40 Billion Valuation

Grant Mitchell

Sep 30, 2026 • 10:44 ET • 4 min read

Kalshi, Polymarket Surpass $140M in Combined World Series Trades

Grant Mitchell - News Editor

Grant Mitchell

Sep 29, 2026 • 14:22 ET • 4 min read

Kalshi, Polymarket Surpass $140M in Combined World Series Trades

Grant Mitchell

Sep 29, 2026 • 14:22 ET • 4 min read

Tonybet Partners With Brampton Blitz for New Super60 Tournament

Grant Mitchell - News Editor

Grant Mitchell

Sep 29, 2026 • 11:56 ET • 4 min read

Tonybet Partners With Brampton Blitz for New Super60 Tournament

Grant Mitchell

Sep 29, 2026 • 11:56 ET • 4 min read

State News

World Cup Helps Illinois Sports Betting Handle, Revenue Spike in July

Brad Senkiw - Covers

Brad Senkiw

Sep 29, 2026 • 10:56 ET • 4 min read

World Cup Helps Illinois Sports Betting Handle, Revenue Spike in July

Brad Senkiw

Sep 29, 2026 • 10:56 ET • 4 min read

Betway Canada Joins Alberta’s Regulated iGaming Market

Brad Senkiw - Covers

Brad Senkiw

Sep 29, 2026 • 09:29 ET • 4 min read

Betway Canada Joins Alberta’s Regulated iGaming Market

Brad Senkiw

Sep 29, 2026 • 09:29 ET • 4 min read

Brazil’s President Institutes Immediate Ban of Online Betting

Ryan Gilbert - Covers

Ryan Gilbert

Sep 26, 2026 • 19:18 ET • 4 min read

Brazil’s President Institutes Immediate Ban of Online Betting

Ryan Gilbert

Sep 26, 2026 • 19:18 ET • 4 min read

Sixth Circuit Court Rules Against Kalshi, in Favor of Ohio, Tennessee

Amy Calistri - Covers.com

Amy Calistri

Sep 25, 2026 • 20:22 ET • 4 min read

Sixth Circuit Court Rules Against Kalshi, in Favor of Ohio, Tennessee

Amy Calistri

Sep 25, 2026 • 20:22 ET • 4 min read

New York Sports Betting Handle Surges Past $600M in NFL Week 2

Brad Senkiw - Covers

Brad Senkiw

Sep 25, 2026 • 11:41 ET • 4 min read

New York Sports Betting Handle Surges Past $600M in NFL Week 2

Brad Senkiw

Sep 25, 2026 • 11:41 ET • 4 min read

Massachusetts Gaming Commission to Evaluate Sportsbooks’ AI Practices

Grant Mitchell - News Editor

Grant Mitchell

Sep 24, 2026 • 17:04 ET • 4 min read

Massachusetts Gaming Commission to Evaluate Sportsbooks’ AI Practices

Grant Mitchell

Sep 24, 2026 • 17:04 ET • 4 min read

iGaming News

Tonybet Partners With Brampton Blitz for New Super60 Tournament

Grant Mitchell - News Editor

Grant Mitchell

Sep 29, 2026 • 11:56 ET • 4 min read

Tonybet Partners With Brampton Blitz for New Super60 Tournament

Grant Mitchell

Sep 29, 2026 • 11:56 ET • 4 min read

Betway Canada Joins Alberta’s Regulated iGaming Market

Brad Senkiw - Covers

Brad Senkiw

Sep 29, 2026 • 09:29 ET • 4 min read

Betway Canada Joins Alberta’s Regulated iGaming Market

Brad Senkiw

Sep 29, 2026 • 09:29 ET • 4 min read

Polymarket US Adds 15-Minute Bitcoin Prediction Markets

Grant Mitchell - News Editor

Grant Mitchell

Sep 29, 2026 • 09:01 ET • 4 min read

Polymarket US Adds 15-Minute Bitcoin Prediction Markets

Grant Mitchell

Sep 29, 2026 • 09:01 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

PowerPlay Sportsbook Launches in Alberta as NHL Season Gets Underway

Jori Negin-Shecter

Sep 30, 2026 • 17:48 ET

Report: Novig's Valuation Quadruples With Prediction Market Pivot, Sydney Sweeney Push

Brad Senkiw

Sep 30, 2026 • 16:49 ET

Dana White Wins $1M Baccarat Hand at Park MGM

Grant Mitchell

Sep 30, 2026 • 14:47 ET

Mattress Mack Puts $516K on Kalshi for Astros to Win World Series

Brad Senkiw

Sep 30, 2026 • 13:20 ET

Caesars Announces WSOP Online 2026 Fall Bracelet Schedule

Amy Calistri

Sep 30, 2026 • 12:04 ET

Kalshi Nearing $1 Billion Funding at $40 Billion Valuation

Grant Mitchell

Sep 30, 2026 • 10:44 ET

Coinbase Teases Launch of Pokémon Card Rips for Mobile Users

Grant Mitchell

Sep 29, 2026 • 17:47 ET

Casino CEOs Warn Prediction Markets Threaten State Gaming Regulations

Ryan Butler

Sep 29, 2026 • 16:29 ET

Kalshi, Polymarket Surpass $140M in Combined World Series Trades

Grant Mitchell

Sep 29, 2026 • 14:22 ET

Tonybet Partners With Brampton Blitz for New Super60 Tournament

Grant Mitchell

Sep 29, 2026 • 11:56 ET

World Cup Helps Illinois Sports Betting Handle, Revenue Spike in July

Brad Senkiw

Sep 29, 2026 • 10:56 ET

Betway Canada Joins Alberta’s Regulated iGaming Market

Brad Senkiw

Sep 29, 2026 • 09:29 ET

Show more Industry News

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