Sports Betting Industry News for May 2026

Sports Betting Industry News for May. 2026

Trump: 'Critically Important' CFTC Maintains Exclusive Authority Over Prediction Markets

President defends the work of CFTC chairman Michael Selig, vows to protect country's standing as leader in prediction market, crypto industries.

Michael McClymont - Senior News Editor at Covers.com

Michael McClymont

May 26, 2026 • 22:25 ET • 4 min read

Kalshi Investor Kyle Kuzma Criticizes DraftKings for Bettor Limits, Parlay Holds

Brad Senkiw - Covers

Brad Senkiw

May 26, 2026 • 13:28 ET • 4 min read

Kalshi Investor Kyle Kuzma Criticizes DraftKings for Bettor Limits, Parlay Holds

Brad Senkiw

May 26, 2026 • 13:28 ET • 4 min read

Tennessee Governor Signs Anti-Sweepstakes Bill into Law

Ziv Chen

Ziv Chen

May 26, 2026 • 14:18 ET • 4 min read

Tennessee Governor Signs Anti-Sweepstakes Bill into Law

Ziv Chen

May 26, 2026 • 14:18 ET • 4 min read

Industry Must Reads

Trump: 'Critically Important' CFTC Maintains Exclusive Authority Over Prediction Markets

Michael McClymont

May 26, 2026 • 22:25 ET • 4 min read

bet365 Joins Alberta's Sports Betting, iGaming Approval List

Brad Senkiw

May 26, 2026 • 17:40 ET • 4 min read

Bet99 Preps for Massive World Cup Betting Event in Co-Host Canada

Brad Senkiw

May 26, 2026 • 15:30 ET • 4 min read

Play'n GO Secures Alberta iGaming License

Charlotte Capewell

May 26, 2026 • 14:48 ET • 4 min read

General Sports News

Bet99 Preps for Massive World Cup Betting Event in Co-Host Canada

Brad Senkiw - Covers

Brad Senkiw

May 26, 2026 • 15:30 ET • 4 min read

Bet99 Preps for Massive World Cup Betting Event in Co-Host Canada

Brad Senkiw

May 26, 2026 • 15:30 ET • 4 min read

The Knicks Now at +225 From +2200 in NBA Finals Odds

Grant Mitchell - News Editor

Grant Mitchell

May 26, 2026 • 13:53 ET • 4 min read

The Knicks Now at +225 From +2200 in NBA Finals Odds

Grant Mitchell

May 26, 2026 • 13:53 ET • 4 min read

Kalshi Investor Kyle Kuzma Criticizes DraftKings for Bettor Limits, Parlay Holds

Brad Senkiw - Covers

Brad Senkiw

May 26, 2026 • 13:28 ET • 4 min read

Kalshi Investor Kyle Kuzma Criticizes DraftKings for Bettor Limits, Parlay Holds

Brad Senkiw

May 26, 2026 • 13:28 ET • 4 min read

BetMGM Ladder Bettor Scores $300K on Knicks Spreads as NY Completes Sweep

Grant Mitchell - News Editor

Grant Mitchell

May 26, 2026 • 11:31 ET • 4 min read

BetMGM Ladder Bettor Scores $300K on Knicks Spreads as NY Completes Sweep

Grant Mitchell

May 26, 2026 • 11:31 ET • 4 min read

DraftKings to Refund Bettors Impacted by Kyle Busch's Death

Grant Mitchell - News Editor

Grant Mitchell

May 25, 2026 • 15:47 ET • 4 min read

DraftKings to Refund Bettors Impacted by Kyle Busch's Death

Grant Mitchell

May 25, 2026 • 15:47 ET • 4 min read

Marner Tops Conn Smythe Oddsboards After Entering Playoffs as Long Shot

Grant Mitchell - News Editor

Grant Mitchell

May 25, 2026 • 15:12 ET • 4 min read

Marner Tops Conn Smythe Oddsboards After Entering Playoffs as Long Shot

Grant Mitchell

May 25, 2026 • 15:12 ET • 4 min read

State News

Trump: 'Critically Important' CFTC Maintains Exclusive Authority Over Prediction Markets

Michael McClymont - Senior News Editor at Covers.com

Michael McClymont

May 26, 2026 • 22:25 ET • 4 min read

Trump: 'Critically Important' CFTC Maintains Exclusive Authority Over Prediction Markets

Michael McClymont

May 26, 2026 • 22:25 ET • 4 min read

Tennessee Governor Signs Anti-Sweepstakes Bill into Law

Ziv Chen

Ziv Chen

May 26, 2026 • 14:18 ET • 4 min read

Tennessee Governor Signs Anti-Sweepstakes Bill into Law

Ziv Chen

May 26, 2026 • 14:18 ET • 4 min read

Louisiana Gambling Racketeering Bill Signed by Governor

Charlotte Capewell

Charlotte Capewell

May 22, 2026 • 11:48 ET • 4 min read

Louisiana Gambling Racketeering Bill Signed by Governor

Charlotte Capewell

May 22, 2026 • 11:48 ET • 4 min read

New York Bill Banning Certain Prediction Markets Advances in Senate

Brad Senkiw - Covers

Brad Senkiw

May 22, 2026 • 06:03 ET • 4 min read

New York Bill Banning Certain Prediction Markets Advances in Senate

Brad Senkiw

May 22, 2026 • 06:03 ET • 4 min read

Ontario Considering Additional Ad Rules for Sports Betting, iGaming

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

May 21, 2026 • 17:09 ET • 4 min read

Ontario Considering Additional Ad Rules for Sports Betting, iGaming

Geoff Zochodne

May 21, 2026 • 17:09 ET • 4 min read

Alberta Minister Says Sports Betting, iGaming Launch On Track for July 13

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

May 20, 2026 • 16:32 ET • 4 min read

Alberta Minister Says Sports Betting, iGaming Launch On Track for July 13

Geoff Zochodne

May 20, 2026 • 16:32 ET • 4 min read

iGaming News

bet365 Joins Alberta's Sports Betting, iGaming Approval List

Brad Senkiw - Covers

Brad Senkiw

May 26, 2026 • 17:40 ET • 4 min read

bet365 Joins Alberta's Sports Betting, iGaming Approval List

Brad Senkiw

May 26, 2026 • 17:40 ET • 4 min read

Play'n GO Secures Alberta iGaming License

Charlotte Capewell

Charlotte Capewell

May 26, 2026 • 14:48 ET • 4 min read

Play'n GO Secures Alberta iGaming License

Charlotte Capewell

May 26, 2026 • 14:48 ET • 4 min read

Tennessee Governor Signs Anti-Sweepstakes Bill into Law

Ziv Chen

Ziv Chen

May 26, 2026 • 14:18 ET • 4 min read

Tennessee Governor Signs Anti-Sweepstakes Bill into Law

Ziv Chen

May 26, 2026 • 14:18 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

Trump: 'Critically Important' CFTC Maintains Exclusive Authority Over Prediction Markets

Michael McClymont

May 26, 2026 • 22:25 ET

bet365 Joins Alberta's Sports Betting, iGaming Approval List

Brad Senkiw

May 26, 2026 • 17:40 ET

Bet99 Preps for Massive World Cup Betting Event in Co-Host Canada

Brad Senkiw

May 26, 2026 • 15:30 ET

Play'n GO Secures Alberta iGaming License

Charlotte Capewell

May 26, 2026 • 14:48 ET

Tennessee Governor Signs Anti-Sweepstakes Bill into Law

Ziv Chen

May 26, 2026 • 14:18 ET

The Knicks Now at +225 From +2200 in NBA Finals Odds

Grant Mitchell

May 26, 2026 • 13:53 ET

Kalshi Investor Kyle Kuzma Criticizes DraftKings for Bettor Limits, Parlay Holds

Brad Senkiw

May 26, 2026 • 13:28 ET

BetMGM Ladder Bettor Scores $300K on Knicks Spreads as NY Completes Sweep

Grant Mitchell

May 26, 2026 • 11:31 ET

DraftKings to Refund Bettors Impacted by Kyle Busch's Death

Grant Mitchell

May 25, 2026 • 15:47 ET

Marner Tops Conn Smythe Oddsboards After Entering Playoffs as Long Shot

Grant Mitchell

May 25, 2026 • 15:12 ET

Rhode Island Sues Kalshi, Polymarket for ‘Evading’ State Laws; Kalshi Retaliates

Brad Senkiw

May 25, 2026 • 13:14 ET

NBA Playoffs Ladder Bettor Loses $350K on Thunder Game 4 Spread Bets

Grant Mitchell

May 25, 2026 • 10:34 ET

Show more Industry News

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