Sports Betting Industry News for October 2026

Sports Betting Industry News for Oct. 2026

Here's How the Hectic and Risky Business of Prediction Market Parlays Works

The business of providing combos and parlays via prediction markets is booming, but it’s risky and comes with challenges.

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Oct 27, 2026 • 11:04 ET • 6 min read

Covers Betting News Digest: Today's Biggest Stories Tuesday, Oct. 27

Michael McClymont - Senior News Editor at Covers.com

Michael McClymont

Oct 27, 2026 • 15:14 ET • 4 min read

Covers Betting News Digest: Today's Biggest Stories Tuesday, Oct. 27

Michael McClymont

Oct 27, 2026 • 15:14 ET • 4 min read

Sports Dominate Prediction Markets. Executives See a Bigger Future Beyond Them

Ryan Butler - Covers

Ryan Butler

Oct 26, 2026 • 16:59 ET • 6 min read

Sports Dominate Prediction Markets. Executives See a Bigger Future Beyond Them

Ryan Butler

Oct 26, 2026 • 16:59 ET • 6 min read

Industry Must Reads

CFTC Sues Utah After State Moves to Block Kalshi

Brad Senkiw

Oct 27, 2026 • 17:11 ET • 4 min read

Kalshi Adds Deposit Limits, Trading Alerts for Users Under 21

Grant Mitchell

Oct 27, 2026 • 16:21 ET • 4 min read

Northwestern Coach Calls Sports Betting 'Predatory’

Jori Negin-Shecter

Oct 27, 2026 • 16:08 ET • 4 min read

Covers Betting News Digest: Today's Biggest Stories Tuesday, Oct. 27

Michael McClymont

Oct 27, 2026 • 15:14 ET • 4 min read

General Sports News

Northwestern Coach Calls Sports Betting 'Predatory’

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Oct 27, 2026 • 16:08 ET • 4 min read

Northwestern Coach Calls Sports Betting 'Predatory’

Jori Negin-Shecter

Oct 27, 2026 • 16:08 ET • 4 min read

New York Sportsbooks' Revenue Slumps in September Despite Higher Handle

Brad Senkiw - Covers

Brad Senkiw

Oct 27, 2026 • 12:36 ET • 4 min read

New York Sportsbooks' Revenue Slumps in September Despite Higher Handle

Brad Senkiw

Oct 27, 2026 • 12:36 ET • 4 min read

Circa Survivor Week 7: Only 660 Entries Remain After Upsets to Texans, Jets

Ryan Gilbert - Covers

Ryan Gilbert

Oct 27, 2026 • 11:43 ET • 4 min read

Circa Survivor Week 7: Only 660 Entries Remain After Upsets to Texans, Jets

Ryan Gilbert

Oct 27, 2026 • 11:43 ET • 4 min read

Kalshi Generates $10B of $14B in Weekend Trading

Brad Senkiw - Covers

Brad Senkiw

Oct 27, 2026 • 11:37 ET • 4 min read

Kalshi Generates $10B of $14B in Weekend Trading

Brad Senkiw

Oct 27, 2026 • 11:37 ET • 4 min read

Here's How the Hectic and Risky Business of Prediction Market Parlays Works

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Oct 27, 2026 • 11:04 ET • 6 min read

Here's How the Hectic and Risky Business of Prediction Market Parlays Works

Geoff Zochodne

Oct 27, 2026 • 11:04 ET • 6 min read

NBA Strikes First Prediction Market Partnerships with Kalshi, Polymarket, DraftKings

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

Oct 26, 2026 • 14:20 ET • 5 min read

NBA Strikes First Prediction Market Partnerships with Kalshi, Polymarket, DraftKings

Geoff Zochodne

Oct 26, 2026 • 14:20 ET • 5 min read

State News

CFTC Sues Utah After State Moves to Block Kalshi

Brad Senkiw - Covers

Brad Senkiw

Oct 27, 2026 • 17:11 ET • 4 min read

CFTC Sues Utah After State Moves to Block Kalshi

Brad Senkiw

Oct 27, 2026 • 17:11 ET • 4 min read

New York Gaming Commission Targets Kalshi Over Subpoenas

Jori Negin-Shecter - Covers

Jori Negin-Shecter

Oct 24, 2026 • 16:12 ET • 4 min read

New York Gaming Commission Targets Kalshi Over Subpoenas

Jori Negin-Shecter

Oct 24, 2026 • 16:12 ET • 4 min read

New York Sportsbook Hold Reaches Double Digits for 1st Time This NFL Season

Brad Senkiw - Covers

Brad Senkiw

Oct 24, 2026 • 07:12 ET • 4 min read

New York Sportsbook Hold Reaches Double Digits for 1st Time This NFL Season

Brad Senkiw

Oct 24, 2026 • 07:12 ET • 4 min read

Kalshi CEO Confident Amid Prospect of Supreme Court Showdown

Amy Calistri - Covers.com

Amy Calistri

Oct 22, 2026 • 16:05 ET • 4 min read

Kalshi CEO Confident Amid Prospect of Supreme Court Showdown

Amy Calistri

Oct 22, 2026 • 16:05 ET • 4 min read

Ohio Gives Gaming Licensees Oct. 30 Deadline to Cut Sports Prediction Market Ties

Brad Senkiw - Covers

Brad Senkiw

Oct 22, 2026 • 13:09 ET • 4 min read

Ohio Gives Gaming Licensees Oct. 30 Deadline to Cut Sports Prediction Market Ties

Brad Senkiw

Oct 22, 2026 • 13:09 ET • 4 min read

New York Election Preview: Online Casinos, Prediction Markets Loom Large

Ryan Butler - Covers

Ryan Butler

Oct 21, 2026 • 14:26 ET • 4 min read

New York Election Preview: Online Casinos, Prediction Markets Loom Large

Ryan Butler

Oct 21, 2026 • 14:26 ET • 4 min read

iGaming News

Alberta iGaming Generates Nearly $3B in Wagers, $122M in Revenue in 1st 3 Months

Brad Senkiw - Covers

Brad Senkiw

Oct 26, 2026 • 14:52 ET • 4 min read

Alberta iGaming Generates Nearly $3B in Wagers, $122M in Revenue in 1st 3 Months

Brad Senkiw

Oct 26, 2026 • 14:52 ET • 4 min read

New York Election Preview: Online Casinos, Prediction Markets Loom Large

Ryan Butler - Covers

Ryan Butler

Oct 21, 2026 • 14:26 ET • 4 min read

New York Election Preview: Online Casinos, Prediction Markets Loom Large

Ryan Butler

Oct 21, 2026 • 14:26 ET • 4 min read

BetMGM Breathes Fire in Canada With House of the Dragon Slot Game

Ziv Chen

Ziv Chen

Oct 21, 2026 • 12:09 ET • 4 min read

BetMGM Breathes Fire in Canada With House of the Dragon Slot Game

Ziv Chen

Oct 21, 2026 • 12:09 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 Sues Utah After State Moves to Block Kalshi

Brad Senkiw

Oct 27, 2026 • 17:11 ET

Kalshi Adds Deposit Limits, Trading Alerts for Users Under 21

Grant Mitchell

Oct 27, 2026 • 16:21 ET

Northwestern Coach Calls Sports Betting 'Predatory’

Jori Negin-Shecter

Oct 27, 2026 • 16:08 ET

Covers Betting News Digest: Today's Biggest Stories Tuesday, Oct. 27

Michael McClymont

Oct 27, 2026 • 15:14 ET

New York Sportsbooks' Revenue Slumps in September Despite Higher Handle

Brad Senkiw

Oct 27, 2026 • 12:36 ET

Circa Survivor Week 7: Only 660 Entries Remain After Upsets to Texans, Jets

Ryan Gilbert

Oct 27, 2026 • 11:43 ET

Kalshi Generates $10B of $14B in Weekend Trading

Brad Senkiw

Oct 27, 2026 • 11:37 ET

Here's How the Hectic and Risky Business of Prediction Market Parlays Works

Geoff Zochodne

Oct 27, 2026 • 11:04 ET

Sports Dominate Prediction Markets. Executives See a Bigger Future Beyond Them

Ryan Butler

Oct 26, 2026 • 16:59 ET

Alberta iGaming Generates Nearly $3B in Wagers, $122M in Revenue in 1st 3 Months

Brad Senkiw

Oct 26, 2026 • 14:52 ET

NBA Strikes First Prediction Market Partnerships with Kalshi, Polymarket, DraftKings

Geoff Zochodne

Oct 26, 2026 • 14:20 ET

Sportsbooks, Prediction Markets Line Up Sports Equinox Offers

Grant Mitchell

Oct 26, 2026 • 14:16 ET

Show more Industry News

Contact Us
Careers
Our Team
Brand
Testimonials

Sportsbook Reviews
Sports Betting News
Podcasts
Responsible Gaming

Canada Betting Sites
Canada Casinos
Best Betting Apps

Streak Survivor
King of Covers
Office Pools

The Covers community has

810,221

lifetime members worldwide

Join our community today

Established in 1995,
Covers is the world
leader in sports
betting information.

Site Map Help Privacy Privacy Choices Terms of Service

Covers is verified safe by: Evalon Logo

Copyright © 1995 - 2026 Genius Sports. All Rights Reserved.

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.