Industry Headlines
Fixer in College Hoops Point-Shaving Scheme Pleads Guilty
Jalen Smith is the first defendant to enter a plea.
MLS Bans 2 Players for Life for Betting on Matches
Yaw Yeboah, Derrick Jones engaged in "extensive" gambling.
Underdog Buys CFTC-Backed Aristotle Exchange to Expand Prediction Market Offerings
Underdog can now offer its own event contracts.
Jontay Porter Marks USBL Debut With Triple-Double in 1st Pro Game Since NBA Ban
The ex-Raptors player pleaded guilty to wire fraud charges.
Ravens Surge in NFL Odds Following Maxx Crosby Trade
They have an 18.2% implied probability to win Super Bowl LXI
Prediction Markets Kalshi and Polymarket Reportedly Target $20 Billion Valuations
Kalshi was last valuated at $11B, and Polymarket at $9B.
March Madness Betting Projected to Hit Record of $4B, Even Without Prediction Markets
March Madness betting set to hit new highs in 2026.
Everyone Wants a Piece of Prediction Markets
Prediction market-related chaos is everywhere now.
Michigan Reissues Sweepstakes Warning During Consumer Protection Week
The alert informs that sweepstakes are games of chance.
North Carolina Sports Betting Handle Rises 13% YoY; $600M Streak Ends in February
Online sportsbooks generated $596.1M in wagers in February.
New York Sports Betting Jumps 6%, but Profits Slip in February
Online sportsbooks made $177.5M from a $2.09B handle.
DraftKings, ESPN to Introduce User Account-Linking for March Madness
Fans can enjoy “streamlined” NCAA Tournaments.
NEXT Summit NYC to Spotlight Prediction Markets
NEXT Summit NYC to Spotlight Prediction Markets
Illinois Bill Aims to Regulate, Tax Prediction Markets
Exchanges would pay the state 50% of adjusted gross revenue.
Comprehensive Kentucky Bill Would Eliminate In-State College Player Props
House Bill 904 would increase the legal sports betting age.
New York Generates Highest Weekly Online Sports Betting Handle Since Super Bowl
New Yorkers wagered more than $494 million to end February.
Senators Introduce Bill Banning Public Officials From Trading on Prediction Platforms
U.S. Senator consulted with Kalshi for input.
Virginia's Competing Online Casino Bills Head to Conference Committee
Lawmakers must negotiate differences in competing bills.
Baltimore Sues Social Casinos for Allegedly Offering Illegal Gambling
The lawsuit states dual-currency games are being offered.
NCAA Details Procedures, Penalties Regarding March Madness Availability Reporting
Coaches must provide reports for the men and women.
