Industry Headlines

New York's Online Sportsbooks Produce 2nd-Best Non-Football Revenue Month Ever

May 8, 2026 • 4:55 PM ET

Mobile sportsbooks made $244.1M in gross revenue in April.

Ontario Regulator Fines 2 iGaming Distributors Serving Unregulated Sites

May 8, 2026 • 3:19 PM ET

The enforcement action targeted registered suppliers.

Kalshi Named Official Partner of Madison Square Garden, Will Receive Branded Concourse

May 8, 2026 • 1:56 PM ET

Kalshi will get to advertise its brand inside MSG.

DraftKings Wants Prediction Market Golden Goose Built 'Right Way'

May 8, 2026 • 1:20 PM ET

DK's CEO wants more customer trust in prediction markets.

BetMGM Pays Over $700,000 for Thunder, Pistons Game 2 Spread Bets

May 8, 2026 • 12:52 PM ET

The largest payout was $110K for a $100K bet on the Pistons.

50,000 Canadians Take Advantage of 'At Par' Pricing at 3 Vegas Casinos

May 8, 2026 • 11:43 AM ET

Canadians have capitalized on having the exhange rate waived

DraftKings Reports Hot Start to 2026, Plans Big Prediction Market Push

May 7, 2026 • 5:57 PM ET

DraftKings reports solid Q1 earnings, plans big PM push.

North Carolina’s Sports Betting Handle Spikes 6% YoY in April

May 7, 2026 • 4:57 PM ET

Online sportsbooks generated $612.5 million in wagers.

Kalshi Raises $1B, Now Valued at $22B After Latest Funding Round

May 7, 2026 • 4:10 PM ET

The leading prediction market operator has been enjoying a fruitful 2026 after securing an $11-billion valuation in December.

Minnesota's Push to Ban Prediction Markets Running Low on Time

May 7, 2026 • 2:44 PM ET

The bill risks stalling as the legislative session closes.

Ohio Sports Betting Revenue Rises, Handle Dips During NCAA Tournament

May 7, 2026 • 2:25 PM ET

Ohio sportsbooks generated $87.9 million in gross revenue.

ClubWPT Gold Exits Tennessee Ahead of Sweepstakes Ban

May 7, 2026 • 2:13 PM ET

A legislation to ban sweepstakes was approved last month.

Can Kalshi Quash its ‘Quacks Like a Duck’ Sports Betting Problem?

May 7, 2026 • 2:02 PM ET

The Kalshi-Maryland flap heads back to court.

AGA: Sports Betting, iGaming Leaders Expect Growth Amid Prediction Market Pressure

May 7, 2026 • 1:03 PM ET

Gaming execs are more confident than they've been in years.

US Presidential Election Betting Odds: Gavin Newsom Takes Lead in Early Race

May 7, 2026 • 10:25 AM ET

California Governor Gavin Newsom is the new betting favorite

FanDuel CEO Howe Leaves Company

May 6, 2026 • 7:11 PM ET

FanDuel CEO Amy Howe exits as Flutter restructures.

Multiple State Regulators Reportedly Investigating Sorsby for Illegal Sports Betting

May 6, 2026 • 6:49 PM ET

Sorsby described as "high-volume, low-stakes bettor."

FanDuel Revenue Grows 6%, Sports Betting Handle Dips 9% in Q1 2026

May 6, 2026 • 6:20 PM ET

CEO Amy Howe steps down after "modest" revenues in Q1

Ohio Proposes Removal of Credit Card Funding for Sportsbooks, iGaming

May 6, 2026 • 5:07 PM ET

Ohio regulators proposing a ban on credit card funding.

The Online Sports Betting Industry is Cutting Up the Credit Card

May 6, 2026 • 2:25 PM ET

Credit card crackdown afoot in U.S. online sports betting.

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo