Sports Betting Industry News for August 2026

Sports Betting Industry News for Aug. 2026

Betfred to Close 132 Retail Shops Due to U.K. Tax Challenges

CEO says company has "no choice" but to shutter 10% of business, resulting in 600 lost jobs.

Brad Senkiw - Covers

Brad Senkiw

Aug 3, 2026 • 11:14 ET • 4 min read

George Santos to Pay $35,000 Settlement to CFTC Over Kalshi Trades

Grant Mitchell - News Editor

Grant Mitchell

Aug 3, 2026 • 09:52 ET • 4 min read

George Santos to Pay $35,000 Settlement to CFTC Over Kalshi Trades

Grant Mitchell

Aug 3, 2026 • 09:52 ET • 4 min read

Pennsylvania Flag

Pennsylvania Bill Continues Prediction Market Fight

Ryan Butler - Covers

Ryan Butler

Jul 31, 2026 • 14:41 ET • 4 min read

Pennsylvania Bill Continues Prediction Market Fight

Ryan Butler

Jul 31, 2026 • 14:41 ET • 4 min read

Industry Must Reads

2 Premier League Clubs Yet to Replace Gambling Shirt Sponsors After League-Wide Ban

Grant Mitchell

Aug 3, 2026 • 13:16 ET • 4 min read

Kalshi, Polymarket Trading Volume Hits $50B High in July

Ziv Chen

Aug 3, 2026 • 11:53 ET • 4 min read

Betfred to Close 132 Retail Shops Due to U.K. Tax Challenges

Brad Senkiw

Aug 3, 2026 • 11:14 ET • 4 min read

George Santos to Pay $35,000 Settlement to CFTC Over Kalshi Trades

Grant Mitchell

Aug 3, 2026 • 09:52 ET • 4 min read

General Sports News

2 Premier League Clubs Yet to Replace Gambling Shirt Sponsors After League-Wide Ban

Grant Mitchell - News Editor

Grant Mitchell

Aug 3, 2026 • 13:16 ET • 4 min read

2 Premier League Clubs Yet to Replace Gambling Shirt Sponsors After League-Wide Ban

Grant Mitchell

Aug 3, 2026 • 13:16 ET • 4 min read

Kalshi, Polymarket Trading Volume Hits $50B High in July

Ziv Chen

Ziv Chen

Aug 3, 2026 • 11:53 ET • 4 min read

Kalshi, Polymarket Trading Volume Hits $50B High in July

Ziv Chen

Aug 3, 2026 • 11:53 ET • 4 min read

Betfred to Close 132 Retail Shops Due to U.K. Tax Challenges

Brad Senkiw - Covers

Brad Senkiw

Aug 3, 2026 • 11:14 ET • 4 min read

Betfred to Close 132 Retail Shops Due to U.K. Tax Challenges

Brad Senkiw

Aug 3, 2026 • 11:14 ET • 4 min read

George Santos to Pay $35,000 Settlement to CFTC Over Kalshi Trades

Grant Mitchell - News Editor

Grant Mitchell

Aug 3, 2026 • 09:52 ET • 4 min read

George Santos to Pay $35,000 Settlement to CFTC Over Kalshi Trades

Grant Mitchell

Aug 3, 2026 • 09:52 ET • 4 min read

How Do You Square the Newscycle of Sports Prediction Markets?

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Aug 1, 2026 • 10:00 ET • 7 min read

How Do You Square the Newscycle of Sports Prediction Markets?

Geoff Zochodne

Aug 1, 2026 • 10:00 ET • 7 min read

New York Yankees starting pitcher Cam Schlittler (31).

New York Bettors Hold Online Operators to Single-Digit Win Rate During Slow Week

Brad Senkiw - Covers

Brad Senkiw

Jul 31, 2026 • 14:19 ET • 4 min read

New York Bettors Hold Online Operators to Single-Digit Win Rate During Slow Week

Brad Senkiw

Jul 31, 2026 • 14:19 ET • 4 min read

State News

Kalshi Agrees to Keep Banned Event Contracts Out of Nevada

Brad Senkiw - Covers

Brad Senkiw

Jul 27, 2026 • 13:53 ET • 4 min read

Kalshi Agrees to Keep Banned Event Contracts Out of Nevada

Brad Senkiw

Jul 27, 2026 • 13:53 ET • 4 min read

Pennsylvania Bill Would Regulate Prediction Markets, Allow Sports Event Contracts

Brad Senkiw - Covers

Brad Senkiw

Jul 24, 2026 • 15:20 ET • 4 min read

Pennsylvania Bill Would Regulate Prediction Markets, Allow Sports Event Contracts

Brad Senkiw

Jul 24, 2026 • 15:20 ET • 4 min read

Alabama Lawmaker Expects Action on Gambling Legislation

Charlotte Capewell

Charlotte Capewell

Jul 21, 2026 • 13:18 ET • 4 min read

Alabama Lawmaker Expects Action on Gambling Legislation

Charlotte Capewell

Jul 21, 2026 • 13:18 ET • 4 min read

DraftKings Sues Philadelphia Over Consumer Protection Investigation

Grant Mitchell - News Editor

Grant Mitchell

Jul 17, 2026 • 13:18 ET • 4 min read

DraftKings Sues Philadelphia Over Consumer Protection Investigation

Grant Mitchell

Jul 17, 2026 • 13:18 ET • 4 min read

Knicks, World Cup Hurt New Jersey Sports Betting Revenue in June

Brad Senkiw - Covers

Brad Senkiw

Jul 17, 2026 • 09:52 ET • 4 min read

Knicks, World Cup Hurt New Jersey Sports Betting Revenue in June

Brad Senkiw

Jul 17, 2026 • 09:52 ET • 4 min read

Attorneys General Expect 2027 Supreme Court Prediction Market Ruling

Ryan Butler - Covers

Ryan Butler

Jul 16, 2026 • 15:36 ET • 4 min read

Attorneys General Expect 2027 Supreme Court Prediction Market Ruling

Ryan Butler

Jul 16, 2026 • 15:36 ET • 4 min read

iGaming News

Rush Street’s Casino-First Strategy Pays Off as Sportsbooks Slow

Ryan Butler - Covers

Ryan Butler

Jul 30, 2026 • 09:52 ET • 4 min read

Rush Street’s Casino-First Strategy Pays Off as Sportsbooks Slow

Ryan Butler

Jul 30, 2026 • 09:52 ET • 4 min read

Aristocrat Interactive Helps Launch Massachusetts Online Lottery

Charlotte Capewell

Charlotte Capewell

Jul 28, 2026 • 11:22 ET • 4 min read

Aristocrat Interactive Helps Launch Massachusetts Online Lottery

Charlotte Capewell

Jul 28, 2026 • 11:22 ET • 4 min read

Crown Coins Casino Adds Card Trading With Crown Rips, Launches With 500-Person Beta Test

Grant Mitchell - News Editor

Grant Mitchell

Jul 27, 2026 • 17:05 ET • 4 min read

Crown Coins Casino Adds Card Trading With Crown Rips, Launches With 500-Person Beta Test

Grant Mitchell

Jul 27, 2026 • 17:05 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

2 Premier League Clubs Yet to Replace Gambling Shirt Sponsors After League-Wide Ban

Grant Mitchell

Aug 3, 2026 • 13:16 ET

Kalshi, Polymarket Trading Volume Hits $50B High in July

Ziv Chen

Aug 3, 2026 • 11:53 ET

Betfred to Close 132 Retail Shops Due to U.K. Tax Challenges

Brad Senkiw

Aug 3, 2026 • 11:14 ET

George Santos to Pay $35,000 Settlement to CFTC Over Kalshi Trades

Grant Mitchell

Aug 3, 2026 • 09:52 ET

How Do You Square the Newscycle of Sports Prediction Markets?

Geoff Zochodne

Aug 1, 2026 • 10:00 ET

Pennsylvania Bill Continues Prediction Market Fight

Ryan Butler

Jul 31, 2026 • 14:41 ET

New York Bettors Hold Online Operators to Single-Digit Win Rate During Slow Week

Brad Senkiw

Jul 31, 2026 • 14:19 ET

New York Sues to Shut Down Kalshi’s Sports Prediction Markets

Geoff Zochodne

Jul 31, 2026 • 12:37 ET

Las Vegas Real Estate Trust, Caesars Eyeing NBA Arena Bid

Brad Senkiw

Jul 31, 2026 • 12:31 ET

1-of-1 Shohei Ohtani Card With Game-Worn Patches and Autographs Sold for $11 Million

Grant Mitchell

Jul 31, 2026 • 12:26 ET

Mets, Novig Ink 1st Prediction Market Deal for an MLB Team

Jori Negin-Shecter

Jul 31, 2026 • 10:21 ET

Nevada Sportsbooks See Significant Handle, Revenue Increases in June

Brad Senkiw

Jul 31, 2026 • 09:25 ET

Show more Industry News

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