Sports Betting Industry News for April 2026

Sports Betting Industry News for Apr. 2026

CFTC Takes Legal Action Against New York, Massachusetts Over Prediction Markets

“As I’ve said before, the CFTC will not allow overzealous state governments to undermine the agency’s longstanding authority over these markets,” CFTC Chair maintains.

Brad Senkiw - Covers

Brad Senkiw

Apr 27, 2026 • 10:39 ET • 4 min read

Florida Bettor Wins $1.9 Million from $30 MLB Home Run Parlay

Grant Mitchell - News Editor

Grant Mitchell

Apr 27, 2026 • 09:39 ET • 4 min read

Florida Bettor Wins $1.9 Million from $30 MLB Home Run Parlay

Grant Mitchell

Apr 27, 2026 • 09:39 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler - Covers

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

Industry Must Reads

CFTC Takes Legal Action Against New York, Massachusetts Over Prediction Markets

Brad Senkiw

Apr 27, 2026 • 10:39 ET • 4 min read

Florida Bettor Wins $1.9 Million from $30 MLB Home Run Parlay

Grant Mitchell

Apr 27, 2026 • 09:39 ET • 4 min read

New York Sportsbooks Exceed $50M in Online Revenue for 3rd Straight Week

Brad Senkiw

Apr 24, 2026 • 16:29 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

General Sports News

Florida Bettor Wins $1.9 Million from $30 MLB Home Run Parlay

Grant Mitchell - News Editor

Grant Mitchell

Apr 27, 2026 • 09:39 ET • 4 min read

Florida Bettor Wins $1.9 Million from $30 MLB Home Run Parlay

Grant Mitchell

Apr 27, 2026 • 09:39 ET • 4 min read

NFL Draft's 1st Round Proves Costly for Sportsbooks Amid Surprise Picks

Brad Senkiw - Covers

Brad Senkiw

Apr 24, 2026 • 14:05 ET • 4 min read

NFL Draft's 1st Round Proves Costly for Sportsbooks Amid Surprise Picks

Brad Senkiw

Apr 24, 2026 • 14:05 ET • 4 min read

If Prediction Markets Don’t Have Trump Behind Them, That’s Trouble

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Apr 24, 2026 • 11:32 ET • 4 min read

If Prediction Markets Don’t Have Trump Behind Them, That’s Trouble

Geoff Zochodne

Apr 24, 2026 • 11:32 ET • 4 min read

U.S. Soldier Charged for Profiting Off Maduro Raid on Polymarket

Brad Senkiw - Covers

Brad Senkiw

Apr 23, 2026 • 21:45 ET • 4 min read

U.S. Soldier Charged for Profiting Off Maduro Raid on Polymarket

Brad Senkiw

Apr 23, 2026 • 21:45 ET • 4 min read

DraftKings' 'Early Exit' Saves 1 Million Bettors Since Launch

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Apr 23, 2026 • 16:03 ET • 4 min read

DraftKings' 'Early Exit' Saves 1 Million Bettors Since Launch

Jori Negin-Shecter

Apr 23, 2026 • 16:03 ET • 4 min read

PENN’s Online Brand Change, Retail Spikes Spur YoY Revenue Growth in Q1 2026

Brad Senkiw - Covers

Brad Senkiw

Apr 23, 2026 • 10:29 ET • 4 min read

PENN’s Online Brand Change, Retail Spikes Spur YoY Revenue Growth in Q1 2026

Brad Senkiw

Apr 23, 2026 • 10:29 ET • 4 min read

State News

CFTC Takes Legal Action Against New York, Massachusetts Over Prediction Markets

Brad Senkiw - Covers

Brad Senkiw

Apr 27, 2026 • 10:39 ET • 4 min read

CFTC Takes Legal Action Against New York, Massachusetts Over Prediction Markets

Brad Senkiw

Apr 27, 2026 • 10:39 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler - Covers

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler

Apr 24, 2026 • 14:40 ET • 4 min read

Wisconsin Sues Kalshi, Polymarket, Other Prediction Market Companies

Brad Senkiw - Covers

Brad Senkiw

Apr 24, 2026 • 10:23 ET • 4 min read

Wisconsin Sues Kalshi, Polymarket, Other Prediction Market Companies

Brad Senkiw

Apr 24, 2026 • 10:23 ET • 4 min read

Governors in Illinois, New York Restrict Use of Prediction Markets by State Employees

Amy Calistri - Covers.com

Amy Calistri

Apr 22, 2026 • 18:10 ET • 4 min read

Governors in Illinois, New York Restrict Use of Prediction Markets by State Employees

Amy Calistri

Apr 22, 2026 • 18:10 ET • 4 min read

Oklahoma Senate Rejects Online Sports Betting Bill

Ryan Butler - Covers

Ryan Butler

Apr 22, 2026 • 16:30 ET • 4 min read

Oklahoma Senate Rejects Online Sports Betting Bill

Ryan Butler

Apr 22, 2026 • 16:30 ET • 4 min read

Hard Rock Bet Michigan Delivers $224,718 Jackpot on $1 Spin

Ziv Chen

Ziv Chen

Apr 22, 2026 • 10:56 ET • 4 min read

Hard Rock Bet Michigan Delivers $224,718 Jackpot on $1 Spin

Ziv Chen

Apr 22, 2026 • 10:56 ET • 4 min read

iGaming News

Tennessee Sweeps Bill Advances Following Legislative Dispute

Ziv Chen

Ziv Chen

Apr 24, 2026 • 13:14 ET • 4 min read

Tennessee Sweeps Bill Advances Following Legislative Dispute

Ziv Chen

Apr 24, 2026 • 13:14 ET • 4 min read

RubyPlay Partners with Caesars in Ontario

Ziv Chen

Ziv Chen

Apr 22, 2026 • 12:20 ET • 4 min read

RubyPlay Partners with Caesars in Ontario

Ziv Chen

Apr 22, 2026 • 12:20 ET • 4 min read

Hard Rock Bet Michigan Delivers $224,718 Jackpot on $1 Spin

Ziv Chen

Ziv Chen

Apr 22, 2026 • 10:56 ET • 4 min read

Hard Rock Bet Michigan Delivers $224,718 Jackpot on $1 Spin

Ziv Chen

Apr 22, 2026 • 10:56 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

CFTC Takes Legal Action Against New York, Massachusetts Over Prediction Markets

Brad Senkiw

Apr 27, 2026 • 10:39 ET

Florida Bettor Wins $1.9 Million from $30 MLB Home Run Parlay

Grant Mitchell

Apr 27, 2026 • 09:39 ET

New York Sportsbooks Exceed $50M in Online Revenue for 3rd Straight Week

Brad Senkiw

Apr 24, 2026 • 16:29 ET

Minnesota Prediction Market Ban Bill Heads to Senate Floor

Ryan Butler

Apr 24, 2026 • 14:40 ET

NFL Draft's 1st Round Proves Costly for Sportsbooks Amid Surprise Picks

Brad Senkiw

Apr 24, 2026 • 14:05 ET

Tennessee Sweeps Bill Advances Following Legislative Dispute

Ziv Chen

Apr 24, 2026 • 13:14 ET

If Prediction Markets Don’t Have Trump Behind Them, That’s Trouble

Geoff Zochodne

Apr 24, 2026 • 11:32 ET

Wisconsin Sues Kalshi, Polymarket, Other Prediction Market Companies

Brad Senkiw

Apr 24, 2026 • 10:23 ET

U.S. Soldier Charged for Profiting Off Maduro Raid on Polymarket

Brad Senkiw

Apr 23, 2026 • 21:45 ET

DraftKings' 'Early Exit' Saves 1 Million Bettors Since Launch

Jori Negin-Shecter

Apr 23, 2026 • 16:03 ET

Massachusetts Sports Betting Sees Less Action, More Profits in March

Brad Senkiw

Apr 23, 2026 • 14:17 ET

PENN’s Sports Betting Gains Signal Promise for Strategic Shift

Ryan Butler

Apr 23, 2026 • 13:13 ET

Show more Industry News

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