Sports Betting Industry News for May 2026

Sports Betting Industry News for May. 2026

Sorsby Files Injunction Against NCAA Amid Illegal Betting Investigation

Texas Tech quarterback hopes to preserve eligibility for upcoming college football season.

Grant Mitchell - News Editor

Grant Mitchell

May 18, 2026 • 18:15 ET • 4 min read

DraftKings Shuts Down Sportsbook at Wrigley Field, Blames Illinois’ High Taxes

Grant Mitchell - News Editor

Grant Mitchell

May 18, 2026 • 14:38 ET • 4 min read

DraftKings Shuts Down Sportsbook at Wrigley Field, Blames Illinois’ High Taxes

Grant Mitchell

May 18, 2026 • 14:38 ET • 4 min read

Polymarket Scrutinized as Traders Reportedly Make Millions on War

Charlotte Capewell

Charlotte Capewell

May 18, 2026 • 13:30 ET • 4 min read

Polymarket Scrutinized as Traders Reportedly Make Millions on War

Charlotte Capewell

May 18, 2026 • 13:30 ET • 4 min read

Industry Must Reads

Sorsby Files Injunction Against NCAA Amid Illegal Betting Investigation

Grant Mitchell

May 18, 2026 • 18:15 ET • 4 min read

Kalshi Makes $2M Investment into National Council for Problem Gambling

Brad Senkiw

May 18, 2026 • 15:45 ET • 4 min read

DraftKings Shuts Down Sportsbook at Wrigley Field, Blames Illinois’ High Taxes

Grant Mitchell

May 18, 2026 • 14:38 ET • 4 min read

Resorts World New York Records First $1 Million Jackpot Win

Ziv Chen

May 18, 2026 • 14:25 ET • 4 min read

General Sports News

Sorsby Files Injunction Against NCAA Amid Illegal Betting Investigation

Grant Mitchell - News Editor

Grant Mitchell

May 18, 2026 • 18:15 ET • 4 min read

Sorsby Files Injunction Against NCAA Amid Illegal Betting Investigation

Grant Mitchell

May 18, 2026 • 18:15 ET • 4 min read

Kalshi Makes $2M Investment into National Council for Problem Gambling

Brad Senkiw - Covers

Brad Senkiw

May 18, 2026 • 15:45 ET • 4 min read

Kalshi Makes $2M Investment into National Council for Problem Gambling

Brad Senkiw

May 18, 2026 • 15:45 ET • 4 min read

DraftKings Shuts Down Sportsbook at Wrigley Field, Blames Illinois’ High Taxes

Grant Mitchell - News Editor

Grant Mitchell

May 18, 2026 • 14:38 ET • 4 min read

DraftKings Shuts Down Sportsbook at Wrigley Field, Blames Illinois’ High Taxes

Grant Mitchell

May 18, 2026 • 14:38 ET • 4 min read

Resorts World New York Records First $1 Million Jackpot Win

Ziv Chen

Ziv Chen

May 18, 2026 • 14:25 ET • 4 min read

Resorts World New York Records First $1 Million Jackpot Win

Ziv Chen

May 18, 2026 • 14:25 ET • 4 min read

New Jersey Sports Betting Revenue Rises, Handle Falls in April

Brad Senkiw - Covers

Brad Senkiw

May 18, 2026 • 11:54 ET • 4 min read

New Jersey Sports Betting Revenue Rises, Handle Falls in April

Brad Senkiw

May 18, 2026 • 11:54 ET • 4 min read

Sporttrade Exiting Online Sports Betting Markets

Grant Mitchell - News Editor

Grant Mitchell

May 18, 2026 • 11:52 ET • 4 min read

Sporttrade Exiting Online Sports Betting Markets

Grant Mitchell

May 18, 2026 • 11:52 ET • 4 min read

State News

Resorts World New York Records First $1 Million Jackpot Win

Ziv Chen

Ziv Chen

May 18, 2026 • 14:25 ET • 4 min read

Resorts World New York Records First $1 Million Jackpot Win

Ziv Chen

May 18, 2026 • 14:25 ET • 4 min read

New Jersey Sports Betting Revenue Rises, Handle Falls in April

Brad Senkiw - Covers

Brad Senkiw

May 18, 2026 • 11:54 ET • 4 min read

New Jersey Sports Betting Revenue Rises, Handle Falls in April

Brad Senkiw

May 18, 2026 • 11:54 ET • 4 min read

Oklahoma Legislature Easily Overrides Gov. Stitt’s Sweepstakes Bill Veto

Brad Senkiw - Covers

Brad Senkiw

May 15, 2026 • 11:25 ET • 4 min read

Oklahoma Legislature Easily Overrides Gov. Stitt’s Sweepstakes Bill Veto

Brad Senkiw

May 15, 2026 • 11:25 ET • 4 min read

Colorado Lawmakers Approve Additional Sports Betting Protections

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

May 14, 2026 • 14:15 ET • 3 min read

Colorado Lawmakers Approve Additional Sports Betting Protections

Geoff Zochodne

May 14, 2026 • 14:15 ET • 3 min read

Wisconsin Gov. Signs Executive Order Prohibiting Insider Trading on Prediction Markets

Grant Mitchell - News Editor

Grant Mitchell

May 14, 2026 • 13:47 ET • 4 min read

Wisconsin Gov. Signs Executive Order Prohibiting Insider Trading on Prediction Markets

Grant Mitchell

May 14, 2026 • 13:47 ET • 4 min read

Oklahoma Governor Vetoes Bill Targeting Sweepstakes Casino Operators

Charlotte Capewell

Charlotte Capewell

May 13, 2026 • 12:59 ET • 4 min read

Oklahoma Governor Vetoes Bill Targeting Sweepstakes Casino Operators

Charlotte Capewell

May 13, 2026 • 12:59 ET • 4 min read

iGaming News

Polymarket Scrutinized as Traders Reportedly Make Millions on War

Charlotte Capewell

Charlotte Capewell

May 18, 2026 • 13:30 ET • 4 min read

Polymarket Scrutinized as Traders Reportedly Make Millions on War

Charlotte Capewell

May 18, 2026 • 13:30 ET • 4 min read

Hard Rock Bet Secures Ontario Licence for Sports Betting, iGaming

Geoff Zochodne, Covers Sports Betting Journalist

Geoff Zochodne

May 15, 2026 • 14:00 ET • 2 min read

Hard Rock Bet Secures Ontario Licence for Sports Betting, iGaming

Geoff Zochodne

May 15, 2026 • 14:00 ET • 2 min read

Rush Street Focuses on Online Casino Expansion, Not Prediction Market Competition

Brad Senkiw - Covers

Brad Senkiw

May 14, 2026 • 15:00 ET • 4 min read

Rush Street Focuses on Online Casino Expansion, Not Prediction Market Competition

Brad Senkiw

May 14, 2026 • 15:00 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

Sorsby Files Injunction Against NCAA Amid Illegal Betting Investigation

Grant Mitchell

May 18, 2026 • 18:15 ET

Kalshi Makes $2M Investment into National Council for Problem Gambling

Brad Senkiw

May 18, 2026 • 15:45 ET

DraftKings Shuts Down Sportsbook at Wrigley Field, Blames Illinois’ High Taxes

Grant Mitchell

May 18, 2026 • 14:38 ET

Resorts World New York Records First $1 Million Jackpot Win

Ziv Chen

May 18, 2026 • 14:25 ET

Polymarket Scrutinized as Traders Reportedly Make Millions on War

Charlotte Capewell

May 18, 2026 • 13:30 ET

New Jersey Sports Betting Revenue Rises, Handle Falls in April

Brad Senkiw

May 18, 2026 • 11:54 ET

Sporttrade Exiting Online Sports Betting Markets

Grant Mitchell

May 18, 2026 • 11:52 ET

Gaming Associations Urge Congress to Curb Prediction Market Event Contracts

Amy Calistri

May 16, 2026 • 16:22 ET

Abilene Christian Basketball Player Banned by NCAA for Sports Betting Infractions

Amy Calistri

May 15, 2026 • 18:21 ET

NFL Urges CFTC for New Regulations on Prediction Markets

Brad Senkiw

May 15, 2026 • 17:48 ET

New York's Online Sportsbooks Return to Massive Weekly Profits

Brad Senkiw

May 15, 2026 • 14:40 ET

Hard Rock Bet Secures Ontario Licence for Sports Betting, iGaming

Geoff Zochodne

May 15, 2026 • 14:00 ET

Show more Industry News

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