Sports Betting Industry News for August 2026

Sports Betting Industry News for Aug. 2026

CFTC Seeks to Quell the Sports Prediction Market 'Duck' Argument

The CFTC permits prediction markets to offer sports event contracts, but recent moves signal the agency wants PMs to avoid quacking like sportsbooks.

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Aug 10, 2026 • 15:47 ET • 7 min read

Kalshi Adds Nasdaq Market Surveillance to Monitor Trading Platform

Brad Senkiw - Covers

Brad Senkiw

Aug 10, 2026 • 12:40 ET • 4 min read

Kalshi Adds Nasdaq Market Surveillance to Monitor Trading Platform

Brad Senkiw

Aug 10, 2026 • 12:40 ET • 4 min read

Kalshi Suffers Another Legal Blow as Connecticut Court Denies Injunction

Grant Mitchell - News Editor

Grant Mitchell

Aug 10, 2026 • 17:57 ET • 4 min read

Kalshi Suffers Another Legal Blow as Connecticut Court Denies Injunction

Grant Mitchell

Aug 10, 2026 • 17:57 ET • 4 min read

Industry Must Reads

Kalshi Suffers Another Legal Blow as Connecticut Court Denies Injunction

Grant Mitchell

Aug 10, 2026 • 17:57 ET • 4 min read

Novig Sues 3 More States in 1st Week as Prediction Market Operator

Grant Mitchell

Aug 10, 2026 • 16:59 ET • 4 min read

CFTC Seeks to Quell the Sports Prediction Market 'Duck' Argument

Geoff Zochodne

Aug 10, 2026 • 15:47 ET • 7 min read

Bally's Slows Chicago Casino Project Amid Fight Over Video Gambling Terminals

Ziv Chen

Aug 10, 2026 • 13:15 ET • 4 min read

General Sports News

CFTC Seeks to Quell the Sports Prediction Market 'Duck' Argument

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Aug 10, 2026 • 15:47 ET • 7 min read

CFTC Seeks to Quell the Sports Prediction Market 'Duck' Argument

Geoff Zochodne

Aug 10, 2026 • 15:47 ET • 7 min read

Century Casinos Considers Selling Alberta Assets

Ziv Chen

Ziv Chen

Aug 10, 2026 • 12:24 ET • 4 min read

Century Casinos Considers Selling Alberta Assets

Ziv Chen

Aug 10, 2026 • 12:24 ET • 4 min read

New York Online Sportsbooks Hit Bettors Hard, Set July Revenue Record

Brad Senkiw - Covers

Brad Senkiw

Aug 8, 2026 • 08:00 ET • 4 min read

New York Online Sportsbooks Hit Bettors Hard, Set July Revenue Record

Brad Senkiw

Aug 8, 2026 • 08:00 ET • 4 min read

Crow-Armstrong, Cease New Favorites in MLB Award Races

Grant Mitchell - News Editor

Grant Mitchell

Aug 7, 2026 • 18:21 ET • 4 min read

Crow-Armstrong, Cease New Favorites in MLB Award Races

Grant Mitchell

Aug 7, 2026 • 18:21 ET • 4 min read

New York Weekly Sports Betting Revenue Jumps 67% Despite Sub-$400M Handle

Brad Senkiw - Covers

Brad Senkiw

Aug 7, 2026 • 12:52 ET • 4 min read

New York Weekly Sports Betting Revenue Jumps 67% Despite Sub-$400M Handle

Brad Senkiw

Aug 7, 2026 • 12:52 ET • 4 min read

DraftKings' Prediction Market Push Shows Early Growth

Ryan Butler - Covers

Ryan Butler

Aug 7, 2026 • 10:46 ET • 4 min read

DraftKings' Prediction Market Push Shows Early Growth

Ryan Butler

Aug 7, 2026 • 10:46 ET • 4 min read

State News

Talarico Leads Paxton in New Texas Senate Odds: Can Democrats Finally Flip the State?

Evan Scrimshaw

Evan Scrimshaw

Aug 9, 2026 • 10:16 ET • 3 min read

Talarico Leads Paxton in New Texas Senate Odds: Can Democrats Finally Flip the State?

Evan Scrimshaw

Aug 9, 2026 • 10:16 ET • 3 min read

U.S. capitol building

Michigan Primary Results: How Abdul El-Sayed’s Nomination Impacts U.S. Senate Control Odds

Evan Scrimshaw

Evan Scrimshaw

Aug 7, 2026 • 14:29 ET • 3 min read

Michigan Primary Results: How Abdul El-Sayed’s Nomination Impacts U.S. Senate Control Odds

Evan Scrimshaw

Aug 7, 2026 • 14:29 ET • 3 min read

Wisconsin Lawsuit Seeks to Shut Down Tribe-Led Online Sports Betting

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Aug 6, 2026 • 12:15 ET • 4 min read

Wisconsin Lawsuit Seeks to Shut Down Tribe-Led Online Sports Betting

Geoff Zochodne

Aug 6, 2026 • 12:15 ET • 4 min read

Bally Bet, Monopoly Casino Launch in Alberta

Grant Mitchell - News Editor

Grant Mitchell

Aug 6, 2026 • 08:46 ET • 4 min read

Bally Bet, Monopoly Casino Launch in Alberta

Grant Mitchell

Aug 6, 2026 • 08:46 ET • 4 min read

Novig Sues New York 1 Day After Launching Prediction Markets

Grant Mitchell - News Editor

Grant Mitchell

Aug 5, 2026 • 17:40 ET • 4 min read

Novig Sues New York 1 Day After Launching Prediction Markets

Grant Mitchell

Aug 5, 2026 • 17:40 ET • 4 min read

Utah Judge: Sports Prediction Markets Can’t Soar Above State Law

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Aug 4, 2026 • 18:45 ET • 3 min read

Utah Judge: Sports Prediction Markets Can’t Soar Above State Law

Geoff Zochodne

Aug 4, 2026 • 18:45 ET • 3 min read

iGaming News

Bally's Slows Chicago Casino Project Amid Fight Over Video Gambling Terminals

Ziv Chen

Ziv Chen

Aug 10, 2026 • 13:15 ET • 4 min read

Bally's Slows Chicago Casino Project Amid Fight Over Video Gambling Terminals

Ziv Chen

Aug 10, 2026 • 13:15 ET • 4 min read

Ontario Fines Betty Gaming $120K After Underage Users Open Accounts

Amy Calistri - Covers.com

Amy Calistri

Aug 6, 2026 • 16:52 ET • 4 min read

Ontario Fines Betty Gaming $120K After Underage Users Open Accounts

Amy Calistri

Aug 6, 2026 • 16:52 ET • 4 min read

BetMGM Brings 'Game of Thrones' Slot to Alberta After Ontario Success

Charlotte Capewell

Charlotte Capewell

Aug 6, 2026 • 13:40 ET • 4 min read

BetMGM Brings 'Game of Thrones' Slot to Alberta After Ontario Success

Charlotte Capewell

Aug 6, 2026 • 13:40 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

Kalshi Suffers Another Legal Blow as Connecticut Court Denies Injunction

Grant Mitchell

Aug 10, 2026 • 17:57 ET

Novig Sues 3 More States in 1st Week as Prediction Market Operator

Grant Mitchell

Aug 10, 2026 • 16:59 ET

CFTC Seeks to Quell the Sports Prediction Market 'Duck' Argument

Geoff Zochodne

Aug 10, 2026 • 15:47 ET

Bally's Slows Chicago Casino Project Amid Fight Over Video Gambling Terminals

Ziv Chen

Aug 10, 2026 • 13:15 ET

Kalshi Adds Nasdaq Market Surveillance to Monitor Trading Platform

Brad Senkiw

Aug 10, 2026 • 12:40 ET

Century Casinos Considers Selling Alberta Assets

Ziv Chen

Aug 10, 2026 • 12:24 ET

New York Online Sportsbooks Hit Bettors Hard, Set July Revenue Record

Brad Senkiw

Aug 8, 2026 • 08:00 ET

Crow-Armstrong, Cease New Favorites in MLB Award Races

Grant Mitchell

Aug 7, 2026 • 18:21 ET

Michigan Primary Results: How Abdul El-Sayed’s Nomination Impacts U.S. Senate Control Odds

Evan Scrimshaw

Aug 7, 2026 • 14:29 ET

Alberta's Gambling Ad Surge Draws Public Health Concerns

Ziv Chen

Aug 7, 2026 • 13:20 ET

New York Weekly Sports Betting Revenue Jumps 67% Despite Sub-$400M Handle

Brad Senkiw

Aug 7, 2026 • 12:52 ET

DraftKings' Prediction Market Push Shows Early Growth

Ryan Butler

Aug 7, 2026 • 10:46 ET

Show more Industry News

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