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‘The first prediction-market election’: How Kalshi and Polymarket scrambled the midterms
Wagering is affecting nearly every aspect of the midterms — from campaigns to election officials, voters, donors and traders — according to interviews with 20 people involved in elections and prediction sites.
UNF poll: Nearly 1 in 4 Florida voters have placed an online sports bet; 46% want limits
Nearly one in four registered Florida voters have placed a sports bet using an online or mobile app, but most Floridians oppose expanding legal sports betting and many question the integrity of games tied to wagering, a University of North Florida poll released Thursday found.
Chris 'The Bear' Fallica's College Football Week 1 Expert Picks, Best Bets
"The Bear" is back with his expert picks and best bets. Check out what he's wagering for Week 1 of the college football season.
Florida’s gambling helpline sees surge in calls since online sports betting’s launch in 2023
The Florida Council on Compulsive Gambling says calls to the state’s gambling helpline tied to online wagering have skyrocketed since legalized sports betting launched in 2023.
Missouri has embraced sports betting. So why isn’t the state raking in tax revenue?
Missourians bet more than half a billion dollars in the first month of legal sports wagering, but just over $500,000 came back to the state as tax revenue.
New York sports bettors beat the house -
For the first time since New York's online sports wagering went online in 2022, the operators posted a weekly loss for the period ending on June 14th
World Cup betting surge fuels renewed push to legalize sports wagering in Texas
With the Texas Legislature set to return in January for their regular session, sports betting advocates are hoping lawmakers prioritize the topic.
Gamification and memes lure young people to sports wagering apps, prediction markets
The companies often use memes to advertise their platforms, then keep users hooked with what they market as low-stakes, casual opportunities to make an easy buck.
How Investors May Respond To Flutter Entertainment (FLUT) After Sports Bets Are Ruled Not Swaps
A Ninth Circuit appeals court recently ruled that sports bets are not swaps, easing a potential regulatory burden for sports-betting operators including Flutter Entertainment and its US platform operations. This clarification strengthens the legal foundation for traditional sportsbooks relative to prediction-market platforms, potentially reshaping how different wagering formats are regulated and compete in the US market. We will now examine how this regulatory clarification around sports...
Ole Miss NCAA violations include sports betting by baseball, cheer
Ole Miss reported 16 Level III violations in the 2025-26 school year. Sports wagering among athletes cropped up on two teams.
August 'still confident' Wisconsin sports wagering bill will pass Assembly
(The Center Square) - Wisconsin sports wagering bill sponsor Rep. Tyler August said Wednesday afternoon that he was “still confident” that he could get a bill passed in the state Assembly this session...
Charles Cella was racing purist and business realist, shaping his long stint as Oaklawn’s president
A thoroughbred racing purist, Charles Cella shunned excessive racing, exotic wagering and permissive medication.
Palidye Holdings Initiates PENN Entertainment Position, According to Recent SEC Filing
PENN Entertainment pairs regional casinos with a digital wagering business now centered on iCasino and theScore Bet. The stock becomes much more interesting if digital keeps improving without weighing on the casino's cash-flow base.
2025 NFL Odds: Expect Ugly Offense in Giants-Raiders
The No. 1 pick in next year's NFL Draft is up for grabs as the Giants and Raiders face off in a battle of two-win teams. Here's how Will Hill is wagering that "showdown."
Will PENN Entertainment's (PENN) Leadership and Tech Shake-Up Redefine Its Integrated Gaming Narrative?
PENN Entertainment recently announced an overhaul of its corporate leadership and technology structure, aiming to cut overheads, streamline decision-making, and more tightly integrate its digital wagering and brick‑and‑mortar casino operations. The company’s focus on eliminating duplicative executive roles and tightening cost controls highlights management’s attempt to address efficiency concerns amid mixed earnings expectations and industry views. Next, we’ll examine how PENN...
Nebraska Secretary of State certifies online sports wagering petitions
Two online sports wagering petitions will appear on the general election ballot in November after meeting the signature thresholds, the Nebraska secretary of state’s office said Friday.
44 states are aligned on one thing in their fight against prediction markets. It's about sports wagering
The letter is part of the commission’s public comment period for the first draft of its proposed rule on regulating prediction markets.
Betonline.ag: Super Bowl musical artists Bad Bunny, Green Day attracting a lot of betting
The website betonline.ag is reporting wagering is hot around Bad Bunny attire, songs and other elements during the big game.
Someone bet $5K on Louisville QB Lincoln Kienholz to win the Heisman
An Illinois bettor is wagering just over $5,000 on new Louisville quarterback Lincoln Kienholz to win the Heisman Trophy this year.
MGM Resorts Highlights Responsible Gaming Push And Sports Ties For Investors
MGM Resorts International (NYSE:MGM) and BetMGM announced a $1 million commitment to responsible gaming, including a three year research project into sports wagering impacts and expanded safeguards across their platforms. The initiative was launched during Problem Gambling Awareness Month, aligning product changes and research funding with a period of heightened focus on gambling related risks. MGM Resorts is also set to co host "She Got Game" in Las Vegas, an event honoring U.S. women’s...
‘Absurd’: children to see gambling logos on sports jerseys until 2032 in transition period condemned by Pocock
Government says it hopes clubs will end jersey deals with wagering companies earlier, but calls it a commercial decision
Choctaw Casinos launches free-to-play sports prediction app
Choctaw Casinos & Resorts launched Choctaw Sports, a free-to-play app for sports predictions without real-money wagering, expanding digital gaming in Oklahoma.
Sports wagering revenue nears $300M since 2024 launch
With a third consecutive month of $11.5 million or more, North Carolina moved within $826,700 of $300 million in proceeds from legal sports wagering in May, two years after launch.
NBA tells sportsbooks to ban certain bets and parlays: report
The NBA told sportsbook partners in a Friday memo to ban certain types of bets and parlays this season that gamblers used in recent wagering scandals, ESPN reported."There's a balance between ensuring that we are removing problematic bet types but also ensuring that we don't just move activity into the illegal market," NBA executive vice president Scott Kaufman-Ross told ESPN. "Where we landed right now, we think, is the right balance of those two objectives."
Palidye Holdings Initiates PENN Entertainment Position, According to Recent SEC Filing
PENN Entertainment pairs regional casinos with a digital wagering business now centered on iCasino and theScore Bet. The stock becomes much more interesting if digital keeps improving without weighing on the casino's cash-flow base.
Texas Tech QB Brendan Sorsby declares for NFL supplemental draft amid NCAA legal battle
The Red Raiders quarterback bypasses a massive eligibility battle and legal war with the Big 12 after admitting to wagering on his own team
2026 College Basketball Odds: Best Bets for Michigan-Illinois, Bama-Tennessee
Sammy P is back with his best bets for this weekend's thrilling slate of men's college hoops. Find out how he's wagering on the action.
Tulane students are betting big as sports wagering becomes campus norm
With one parlay bet, you can turn the $20 your mom gave you for food into $200. Enticing, right? This mindset is common on college campuses across the country. 67% of students living on campus participate in sports betting, and Tulane University is no exception. “There’s no barrier to entry for these gambling sites. It’s...
PENN Entertainment (PENN) Gets A Fresh Look After Deutsche Bank Upgrade And NFL Deal
PENN Entertainment (PENN) drew fresh attention after Deutsche Bank shifted its rating to Buy. In addition, theScore Bet signed a multiyear NFL partnership that provides access for sports wagering and online casino operations in Canada. Recent trading has been choppy for PENN Entertainment. The share price slipped 1.19% over the last day and 7.91% over 30 days, after a 24.02% decline over 90 days. It still shows a 5.86% year to date share price gain, while 1-year total shareholder return is...
Most fear sports betting damaging games’ integrity: Poll
A growing number of U.S. adults are losing trust in pro and college sports, thanks to the proliferation of online gambling and sports wagering options, according to a new survey. The NBC News Decis…
Members speak up on healthcare
An important first step, S4438 has first committee hearing Earlier today, NJEA members made their voices heard at the NJ Senate’s State Government, Wagering, Tourism and Historic Preservation Committee meeting.
CT Takes More Action Against Prediction Markets Alleged To Offer Sports Betting
The American Gaming Association estimates $40 billion will be wagered on the NFL using prediction markets this year. On the first day of the 2026 college football season last week, one prediction market reported nearly $250 million in trading volume on college football alone, according to Lamont’s office.
How Burry’s Prediction-Market Bet and New Products Will Impact Flutter Entertainment (FLUT) Investors
Recently, reports emerged that Michael Burry has taken positions in DraftKings and Flutter Entertainment, framing them as a regulatory-focused investment amid growing attention on prediction markets as competitors to traditional sportsbooks. Flutter Entertainment’s work on its own prediction-market products highlights how the company is actively preparing for possible shifts in how sports-related wagering and forecasting are regulated and offered. We’ll now examine how Flutter’s...
2025 NFL, CFB Odds: Best Bets for Seahawks-Panthers, Indiana-Alabama
Sammy P has his eyes on one CFP contest, a few bowl games and a pair of NFL Week 17 showdowns. See how he's wagering.
Kalshi fines 3 congressional candidates for wagering on their own elections
It is the latest high-profile case of alleged insider trading on prediction markets, including Kalshi and Polymarket.
NBC Sports’ betting experts give their best bets for the Preakness
No Kentucky Derby winner? No problem. These are the horses worth wagering on Saturday.
Sports Betting Alliance continues push against Wisconsin sports wagering bill
(The Center Square) - As the Wisconsin Senate prepares to act on a sports betting bill that passed the Assembly, the Sports Betting Alliance is continuing its push to have the legislation changed to i...
2025 NFL Divisional Round Odds: Back Broncos' Rushing Attack, Texans' Defense
Find out how Geoff Schwartz is wagering on the Divisional Round of the NFL playoffs.
As mobile sports wagering surges, New York help line see rise in calls
More New Yorkers are seeking help for problem gambling amid a rise in mobile sports wagering, a new report finds.
Comptroller’s report shows that as mobile sports gambling rises, so do concerns
NYS Deputy Comptroller Maria Doulis explains how the popularity of mobile sports gambling is growing with concerns about problem gambling.
2025-26 NBA Playoff Odds: Back Thunder to Sweep Lakers
Find out how Will Hill is wagering on the NBA playoffs, including why he's backing Oklahoma City to sweep the Lakers.
On Your Side: Missouri attorney general orders prediction markets to stop unlicensed sports wagering
Missouri Attorney General Catherine Hanaway announced that her office has issued cease-and-desist letters to multiple prediction market operators offering sports “event contracts” to Missourians.
Texas Tech QB Brendan Sorsby to enter gambling addiction program, away from team indefinitely
The Red Raiders' transfer QB is reportedly under NCAA investigation for wagering on college football
Despite gambling ban, judge says Texas Tech QB can play
A Texas judge granted Texas Tech quarterback Brendan Sorsby a temporary injunction that clears the way for him to play this fall despite being declared ineligible by the NCAA for wagering on college sports, including bets made on his own team while he was at Indiana. The decision sent shock waves across college sports since […]
Casino UK: How Online Gaming Became Part of Britain’s Entertainment Mainstream
The UK has always had a particular relationship with gambling. From the betting shops that became fixtures of every British high street to bingo halls that served as social hubs for working communities, wagering on outcomes has been woven into British leisure culture for generations. What changed in the past decade was not the appetite,
Virginia Lottery June sports wagering activity report: 6.4% increase YOY
PORTSMOUTH, Va. (WAVY)- The Virginia Lottery has released its report on sports wagering activity submitted by licensed operators for the month of June 2026. Total handle increased 6.4% year over ye…
Wagering on women. Sports betting industry looks to unlock a new market.
Sports betting marketers are wooing females, pitching their gambling as inclusive, empowering and a way to connect with friends.
Blazers' Tom Dundon Meets the Man Betting Big on Portland
As Tom Dundon navigates high-stakes arena negotiations, the Blazers owner finds an optimistic ally in a real estate mogul wagering $250 million on downtown Portland’s recovery.
2026-27 NFL Odds: Back Fernando Mendoza to win OROY
Find out why Geoff Schwartz is backing Fernando Mendoza to win Offensive Rookie of the Year and how he's wagering on Carolina's win total.
Chris 'The Bear' Fallica's PGA Championship Picks, Predictions, Best Bets
Chris "The Bear" Fallica is back with his best bets for the PGA Championship. Find out how he's wagering on the big event.
Illinois nets millions of dollars in taxes from sports wagering
As gamblers may be rejoicing at the opportunity to bet on sports in Illinois, the state likely is as its collecting millions in taxes.
Arrowhead Stadium emerges as sports betting hotspot in Missouri launch weekend
Arrowhead Stadium saw a surge in live betting activity during Missouri’s first weekend of legal sports wagering
2025 College Football Bowl Game Picks: Back Utah to Win Big Over Nebraska
Geoff Schwartz breaks down how he's wagering on a few of the upcoming college football bowl games, including Utah to cover big against Nebraska.
FanDuel, DraftKings take Missouri profits nearly triple their cost for sports wagering campaign
Sports wagering launched in Missouri on Dec. 1, and bettors placed $543 million in bets
World Cup betting surge fuels renewed push to legalize sports wagering in Texas
With the Texas Legislature set to return in January for their regular session, sports betting advocates are hoping lawmakers prioritize the topic.
Nebraska vs Maryland – Game Thread of Winning Fun!
Time: 3:00pm CST Location: Memorial Stadium, Lincoln, NE Surface: Hellas Turf (Blessed by the Bobfather himself in Husker Valhalla) Wagering Info: Huskers -14 1⁄2 . O/U – 52 1⁄2. Moneyline: Nebraska +116, Maryland +666 ($100 wager) (FanDuel) Series Record: Nebraska is 3-1 vs. Maryland all-time with all 4 games being played after the Huskers joined the Big 10. The last two games […]
Missouri bettors jump into legal sports wagering with Chiefs futures leading the way
Missouri’s first week of legalized sports betting has fans celebrating a new way to enjoy game day.
2026 NFL Draft Odds: Back Ty Simpson as 1st-Rounder, Over 4.5 Corners on Day 1
Find out how many QBs and cornerbacks Geoff Schwartz is wagering on to get called off board on Day 1 of the NFL Draft.
Prediction markets and sports wagering apps draw young users with gamification and memes
Some sports wagering platforms, as well as popular prediction markets Kalshi and Polymarket, are touting their availability to users starting at 18 despite most U.S. states restricting gambling to 21 and older.
Please Stop Conflating Sports Betting Handle With Spending On Entertainment
Editor’s note: The Cashout for paid subscribers will publish on Tuesday. Every September there’s a huge uptick in how much people bet on sports with the start of football season. Which means it’s time to get ahead of a ridiculous narrative before it picks up steam on social media or in mainstream media. Subscribe Every few months I see some version of this: [ Charlie Bilello@charliebilello Americans bet over $165 billion on sports last year, which is more than they spent on movies, books, concerts and sports tickets - combined. 1:00 PM · Jun 28, 2026 · 4.1M Views 258 Replies · 674 Reposts · 4.23K Likes ](https://x.com/charliebilello/status/2071217050328895935?s=20) Fortune published this in July. The headline and start of the story tell the same narrative (emphasis added): Gambling becomes America’s favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined: The North American box office totaled $8.87 billion in 2025, which is still 22% below pre-pandemic levels. Recorded music revenue hit a record $11.5 billion. Live music like concerts and festivals brought in $18.51 billion. Meanwhile, book publishers tracked by the Association of American Publishers reported $14.6 billion for the year. And the U.S. museum industry generated an estimated $16.4 billion. Add it up and the total comes to roughly $70 billion, which is less than half what Americans wagered on sports. The story, to its credit, goes on to tell us why sports betting is entirely different, although people who only read headlines will miss that nuance. (The tweet above definitely skips over the nuance.) I will mostly be preaching to the choir here, but it’s worth saying out loud: Wagering money on sports is not the same thing as spending on entertainment from a financial perspective. When you spend money on a movie or concert ticket, that money is gone. You exchanged money for an experience. It’s a good trade! I get to have fun for “x” dollars. (Unless the movie sucks, I guess.) When you bet money on sports, the money is not necessarily gone every time you wager it. It could be gone, but sometimes it’s not and you actually get more money back! That’s not “spending” money or something you should try to compare directly to entertainment spend. A far better comp would be how much people lose at sports betting. That number was more like $17 billion in the US last year, at least for state-regulated sportsbooks. Why are we trying to equate handle and entertainment spending? I dunno. It makes for splashy headlines, I guess. Now, people should be betting for entertainment, and not because they expect to win in the long term; no doubt about it. Anyway, here’s hoping I don’t see people saying Americans “spent” hundreds of millions of dollars on sports betting this fall. Mindway AI and DraftKings Expand Responsible Gaming Drive with Launch of Gamalyze American Football In time for the NFL kickoff, Mindway AI has expanded its partnership with DraftKings to launch Gamalyze American Football the second title in the neuroscience-based Gamalyze Sports collection. Following the success of Gamalyze Football (soccer) during the FIFA World Cup, this gridiron-themed update replaces static questionnaires with immersive, stadium-inspired gameplay. Backed by 10+ years of Aarhus University research, Gamalyze evaluates real-time decision-making to deliver instant, unbiased player risk assessments. Integrated into DraftKings’ platform and nationwide activations, it engages fans when excitement peaks. Ready to upgrade your player protection? Contact Mindway AI to try Gamalyze Sports today. Gambling news roundup 🚨The important stuff 1st NFL Sunday of Season ‘Champagne-Popping Day for Bettors’ (Covers): “The first NFL Sunday of the season was a champagne-popping day for bettors, while the book was left cleaning up the corks,” Caesars’ head of football Joey Feazel said prior to the Sunday night game. “Caesars Sportsbook reported that Detroit’s Jahmyr Gibbs, Baltimore’s Derrick Henry, Indianapolis’ Jonathan Taylor, and Atlanta’s Bijan Robinson were among the top five most-bet players to reach the end zone, and all of them cashed tickets.” [ Ben Fawkes@BFawkes22 A @CaesarsSports oddsmaker on how Week 1 has gone so far: “The first NFL Sunday of the season was a champagne-popping day for bettors, while the book was left cleaning up the corks.” ➡️8 of 10 most popular anytime TD scorers cashed 1:31 AM · Sep 14, 2026 · 276K Views 16 Replies · 16 Reposts · 615 Likes ](https://x.com/BFawkes22/status/2099310001927995849?s=20) 🔍 Are we already getting a “customer-friendly results” narrative in Week 1? NFL Commissioner Roger Goodell spoke with CNBC about the prediction markets industry: “We think that there needs to be stronger regulations into the predictive markets,” Goodell said. “We want to see that to protect the integrity of our game. We want to make sure we’re protecting the consumers that are on those platforms for the NFL. So, we’re continuing to have conversations with them and talk to them about the things that we think they need to do to strengthen that so that they could be potential partners at some point in the future.” More on the NFL + PMs: [ Straight to the Point Quid Pro Quo The NFL has asked Kalshi and other prediction markets to remove certain easy to manipulate markets. Does a potential partnership hang in the balance… Read more 6 hours ago · 19 likes · Steve Ruddock ](https://straighttothepoint.substack.com/p/quid-pro-quo?utm_source=substack&utm_campaign=post_embed&utm_medium=web&embedding_publication_id=1472492) Kalshi was on my podcast?: Kalshi was on my podcast [ The Event Horizon Episode 32: Talking Prediction Market Enforcement With Kalshi’s Robert DeNault Kalshi? On my podcast? Yep… Listen now 5 hours ago · 6 likes · 1 comment · Dustin Gouker ](https://nexteventhorizon.substack.com/p/episode-32-talking-prediction-market-enforcement-kalshi?utm_source=substack&utm_campaign=post_embed&utm_medium=web&embedding_publication_id=1472492) DraftKings Enhances Responsible Engagement Efforts With New Customer Initiatives, Tools and Education (press release): DraftKings Inc. today announced a series of new initiatives designed to promote responsible engagement and increase awareness and use of the tools and resources to help customers make informed decisions and engage responsibly. The efforts include a new digital advertising campaign featuring Kevin Hart and Nick Jonas that promotes responsible engagement, a PGA TOUR sweepstakes that promotes customer engagement with responsible engagement features, the launch of Gamalyze American Football in collaboration with Mindway AI, and new custom cool-off options that give customers enhanced flexibility when choosing a cool-off period. The initiatives build on DraftKings’ commitment to making responsible engagement an integral part of the customer experience and providing players with accessible tools and resources that help them make informed choices about their gaming experience. “At DraftKings, responsible engagement is embedded in how we operate and is essential to building trust with our customers and our long-term sustainability,” said Lori Kalani, Chief Responsible Gaming Officer at DraftKings. “We’ve continued to invest in tools and resources that give customers enhanced access to information about their play and more choices for managing how they engage. From My Budget Builder and My Stat Sheet to player-set limits and new custom cool-offs, we’re continuing to evolve our approach while promoting awareness and use of the tools and resources available to help customers play responsibly.” … DraftKings is launching a new digital advertising campaign featuring Kevin Hart and Nick Jonas that continues the pair’s road trip and promotes responsible engagement and awareness of the tools and resources available to help customers make informed choices about their gaming experience and engage responsibly. The campaign was initially launched on Sep. 10th and will reach customers through digital channels, bringing responsible engagement messaging to fans in an engaging way. bet365 Launches “The Matchup,” a New Weekly Video Podcast Hosted by Super Bowl Champions Chris Harris Jr. and Emmanuel Sanders (press release): "bet365, a global leader in online sports betting and gaming, today announced the launch of “The Matchup,” a new weekly video podcast hosted by former Super Bowl Champions Chris Harris Jr. and Emmanuel Sanders. Featuring current and former NFL players, the original series marks a significant, intentional investment in football as bet365 works to become a go-to destination for U.S. bettors throughout the season. “The Matchup” premieres September 10, with new episodes released weekly in both video and audio formats. Full episodes will be available on YouTube, Apple Podcasts, Spotify and wherever podcasts are available, with clips and additional content rolling out across YouTube, X, Instagram, Facebook, Threads, and TikTok. The show is being produced by Last Row Digital Media. Each week, Harris and Sanders will be joined by guests from across the game to break down the biggest NFL matchups, unpack the latest league news and share perspectives that go beyond the box score. By bringing together two former players with distinct perspectives and firsthand experience, “The Matchup” will give audiences timely context and a deeper understanding of the teams, players and storylines shaping the week ahead. “Every great football conversation starts with a matchup—who has the edge, what everyone is overlooking and what could change the game,” said Chris Harris Jr. “Emmanuel and I have experienced the game from different perspectives, and we want the audience to feel like they are part of the conversation and leave every episode knowing more about the week ahead.” Today’s iGaming companies face new litigation threats as expansive consumer protection statutes spark lawsuits with sky’s-the-limit aspirations, sometimes backed by private funders. Clients of Ifrah Law have a staunch defender in Robert Ward – an agile litigator and case tactician who responds to the changing state of play with creative legal defenses and efficient case-closing strategies. Robert draws on federal clerkship experience and appellate defense work to advise iGaming clients on litigation exposure, white-collar risk, and regulatory defense across multiple jurisdictions. Read More: Robert Ward on Helping iGaming Clients Outmaneuver Lawsuit-Obsessed Adversaries 🔮 Prediction markets Update on legal action in Connecticut: [ Daniel Wallach@WALLACHLEGAL Connecticut says gaming service license holders which received subpoenas over sports prediction markets “are not under investigation” by the @CTDCP but may possess information that could assist the state “in evaluating the conduct of prediction market platforms.” 2:31 PM · Sep 13, 2026 · 844 Views 5 Likes ](https://x.com/WALLACHLEGAL/status/2099143914271670576?s=20) American Gaming Association Opposes CFTC Bid to Block New York Prediction-Market Enforcement (DeFi Rate): “The brief points to the Ninth Circuit’s Aug. 28 decision in KalshiEX LLC v. Assad, which the AGA says supports New York’s authority to regulate sports contracts as gambling. It also cites Kalshi advertising, product comparisons and reporting on Kalshi’s sports volume to argue that the economic product resembles a sportsbook wager more than a conventional financial hedge.” [ Daniel Wallach@WALLACHLEGAL AGA intervenes in CFTC v. NY case to oppose CFTC request for preliminary injunction, says the CFTC’s arguments “obfuscate a simple truth: prediction markets offer sports betting.” Highlights CA9 decision, @DustinGouker (6x), and $1.32 billion in OSB taxes for NY (0 from PMs). Daniel Wallach @WALLACHLEGAL High stakes hearing on Monday in CFTC v. New York State. If SDNY judge Lorna Schofield denies the CFTC’s motion for preliminary injunction, the New York AG would have a clearer path for securing a state court geofencing order against Kalshi, Coinbase, and Gemini Titan. 2:08 AM · Sep 13, 2026 · 4.78K Views 1 Reply · 2 Reposts · 8 Likes ](https://x.com/WALLACHLEGAL/status/2098957043474280584?s=20) Gaming Commission remains member of gambling council after questions raised over ties to Kalshi (Mass Live): “The Massachusetts Gaming Commission will not follow the leads of gaming regulators in Ohio and Michigan and drop ties with the National Council on Problem Gambling over its new association with Kalshi.” Sponsor’s messageTrusted Voices: Conversations About Betting is designed to equip adults, including parents and coaches, with tools and resources to talk to young people about gambling, including information on warning signs, risks and proxy betting. The program is led by retired professional basketball player Randy Livingston and his wife, basketball agent Anita Smith, who share their personal stories related to problem gambling, with the hope of preventing others from experiencing similar harms. Learn more and join the conversation here. 📣 Industry news Gaming M&A: Latest Mergers, Acquisitions and Deals (SBC Americas): “But what else is happening in the world of gaming mergers, acquisitions, investments, and partnerships? Here, we round up some of the news you might have missed.” BetMGM Named Official Sports Betting and Online Casino Partner of the Minnesota Vikings in Canada (press release): BetMGM, a leading iGaming and sports betting operator, announced a multi-year partnership with the Minnesota Vikings, naming it the Official Sports Betting Partner and Online Casino Partner of the team in Canada. The agreement gives BetMGM rights to use Vikings marks across approved sports betting, online casino and marketing activities in Canada. In addition, Vikings Big Kick LuckyTap™, a casino game by Design Works Gaming, is available now exclusively at BetMGM Casino in Alberta and Ontario. “Vikings fans bring a level of passion and loyalty that extends well beyond game day,” said Matt Prevost, Chief Revenue Officer at BetMGM. “As the home of one of the largest collections of sports-themed casino content in North America, BetMGM is uniquely positioned to combine sports fandom with iGaming. We are eager to start football season off strong with another fantastic partnership especially as we expand our reach in Canada to Alberta.” Martin Nance, Minnesota Vikings Chief Marketing Officer, said, “As we continue to deepen our connection with Vikings fans across Canada, we’re proud to welcome BetMGM as the team’s official sports betting and online casino partner in Canada. Their commitment to innovation and fan engagement aligns well with our organization, and we’re excited to create memorable experiences that celebrate Vikings football and connect with Canadian fans in new and meaningful ways.” Caesars Entertainment Launches Ball Rush Jackpots™ in New Jersey,the Latest Proprietary Online Title from Empire Creative™ (press release): Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) today announced the launch of Ball Rush Jackpots™, a new ball-and-peg style online casino game developed by Empire Creative™, the Company’s in-house game development studio. Now live in New Jersey across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino, Ball Rush Jackpots is expected to become available in additional jurisdictions where Caesars offers online casino gaming following regulatory approval. The title expands Caesars’ growing portfolio of proprietary online casino titles, following the successful launch of Ca$hline™ earlier this year and further diversifying the Company’s lineup beyond traditional slots and table games. Ball Rush Jackpots follows the traditional ball-drop gameplay experience where players drop a ball down a board filled with pegs to land in a prize slot. As balls navigate independently through a field of pegs, every drop creates new opportunities to collect feature symbols, unlock bonuses and pursue jackpots, delivering a different experience with every round. “Ball Rush Jackpots delivers a different kind of casino experience for our players, combining easy-to-understand gameplay with meaningful customization, exciting bonus opportunities and jackpot potential,” said Matthew Sunderland, Senior Vice President and Chief iGaming Officer at Caesars Digital. “As we continue expanding our proprietary content portfolio, we’re focused on creating games that are simple to pick up, rewarding to revisit and designed around the features players enjoy most.” Bally’s Corporation Secures New Financing to Support the Development of the Bally’s Bronx Project (press release): Bally’s Corporation (NYSE: BALY) (“Bally’s” or the “Company”) announced today that it secured new financing led by WhiteHawk Capital Partners, LP to fund further development of the Bally’s Bronx project and general corporate purposes. The new financing comprises closing date term loan commitments in an aggregate principal amount of $400 million and delayed draw term loan commitments in an aggregate principal amount of $160 million (together, the “Facilities”). … Bally’s Chairman of the Board, Soo Kim, commented, “This important financing allows us to progress the pre-construction planning process so that we are ready to complete the remainder of the capital raise and remain on schedule. Furthermore, the additional liquidity provides us greater flexibility for other capital opportunities.” WORLD JAI ALAI LEAGUE LAUNCHES CENTENNIAL SEASON AND ENTERS NEXT CHAPTER IN MIAMI (press release): The World Jai Alai League will open its 2026 fall season on Tuesday, September 15 at Miami’s JAM Arena, beginning a milestone season that marks 100 years since professional Jai Alai first arrived in Miami. Season X, the tenth season of the Battle Court team-based competition launched in 2022, will also be the first since entrepreneur and sports asset investor Rob Gough acquired the World Jai Alai League in August 2026. The acquisition marks the beginning of a new chapter for the league. World Jai Alai League will maintain the existing Battle Court competition and operating format, with Chief Operating Officer Scott Savin overseeing Season X. Gough and his team will use the coming months to listen to players and fans, evaluate opportunities across the league, and execute plans for a broader evolution of Jai Alai’s presentation, live experience, media, marketing and commercial strategy beginning in 2027. “This is a really unique moment for Jai Alai,” said Rob Gough, Owner of the World Jai Alai League. “We have a sport with more than 100 years of history in Miami, extraordinary athletes and incredible speed, but I also believe there is enormous untapped potential.” bet365 reveals most popular online slots in 3 US states in August (SBC Americas): “In its monthly Gaming Insights and Performance report, growing online casino operator bet365 tracks player trends and game performance in online slots across its North American online casino markets.” The Closing Line is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Penn Entertainment seeks technology-related licensing for M Resort
Penn Entertainment is seeking a Nevada license to provide it with greater flexibility to research, develop, and deploy in-house technology at the M Resort in Henderson.The M Resort has launched a new cashless wagering system, but its current licensing doesn’t allow the customization of reports
As sports betting surges, Virginia weighs how to curb gambling harms
As college football season gets into full swing over Labor Day weekend, sports betting companies, public health experts and Virginia lawmakers are confronting a question that has grown more pressing since wagering moved into smartphones: How can the industry keep gambling from becoming an addiction?Representatives from those groups gathered Wednesday at the Hilton Richmond Downtown for a Responsible Gaming Roundtable hosted by the Sports Betting Alliance, an advocacy organization representing bet365, BetMGM, DraftKings, Fanatics and FanDuel — five of the nation’s largest online sports betting operators.
12 Days of Regulatory Insights: Day 6 – Sports Wagering, Player Proposition Bets, and Prediction Market Battles
In this episode of our special 12 Days of Regulatory Insights podcast series, Stephen Piepgrass is joined by Cole White from our RISE Practice Group's
DraftKings to close sportsbook at Wrigley Field: report
DraftKings will stop taking in-person bets at Wrigley Field on May 31, blaming rising city and state sports wagering taxes.
Wagering on women. Sports betting industry looks to unlock a new market
Sports betting marketers are wooing females, pitching their gambling as inclusive, empowering and a way to connect with friends.
Flutter Entertainment Reassesses Growth As FanDuel Predicts Faces Regulatory Tests
Flutter Entertainment, NYSE:FLUT, missed recent revenue expectations and issued guidance for 2026 that some investors view as cautious. The company has launched FanDuel Predicts, expanding into prediction markets at a time when regulators are paying closer attention to the sector. These moves come as competition in online wagering and prediction products intensifies, raising questions about Flutter Entertainment's next phase of growth. For shareholders, the backdrop is already challenging...
PENN Entertainment Sheds Indiana Bid to Boost Income Tax Base
Penn Entertainment Inc. convinced the Indiana Supreme Court to allow the casino operator to exclude unapportioned wagering taxes it paid to other states from its in-state income tax base.
Federal court rules Kalshi is subject to Tennessee’s gambling laws for sports contracts
The 6th Circuit Court of Appeals ruled that prediction market Kalshi’s sports-event contracts are subject to Tennessee’s sports-wagering laws
When legal sports betting surges, so do Americans' financial problems
As online betting has grown in popularity, a new report from the New York Federal Reserve builds on the troubling link between legal sports wagering and financial health.
Prediction market Kalshi sues Illinois over its push to regulate sports bets
The most recent move in the ongoing legal battle between the state and prediction market operators came after the state enacted new sports wagering taxes to support the $55.9 billion budget it passed this spring.
Gamification and memes lure young people to sports wagering apps, prediction markets
When Rory McIlroy won the Masters for the second year in a row, Kalshi shared a photo of him on Instagram with the words, “Wait he’s goated.” When a video of NBA player Damian Lillard recovering from an injury circulated online, Kalshi’s main competitor Polymarket posted, “The league is cooked.”
As mobile sports wagering surges, New York help line see rise in calls
More New Yorkers are seeking help for problem gambling amid a rise in mobile sports wagering, a new report finds.
New poll shows 70 percent of Americans are concerned sports betting will impact game integrity
As sports betting continues to spread in America, concerns continue to grow regarding the potential, if not inevitable, impact of wagering on the integrity of the games.
Is it gambling? Massachusetts, Kalshi clash heads to Supreme Judicial Court
Is it gambling? Massachusetts’ highest court will hear arguments Monday in a fight over whether Kalshi can offer sports-related prediction contracts without a state sports wagering license.
Sports wagering group weighs in on NYS Gaming Commission's new proposed measures
New Yorkers have until next Friday, May 15th, to weigh in on new guardrails and regulations regarding sports wagering.One of the draft regulations includes "Ru
‘Out of Bounds: The Sports Betting Boom’ Review: Gambling on Every Game
A documentary on Vice highlights the serious risks and potential for scandal that have come with the rise of the sports-wagering industry.
How to bet responsibly during the World Cup
With billions of more dollars and dozens of more games, this World Cup will be a bookmaker bonanza. Here's how to keep yourself safe while wagering.
Delaware Rolls Out Self-Service Sports Betting Kiosks Statewide
Delaware has installed self-service sports betting kiosks at all 89 Sports Lottery retailers and its three casinos, adding prop bets, parlays and live wagering.
Record June sports wagering in Arizona doesn’t translate to more tax money
People in Arizona bet more than $660 million in June, according to the Arizona Department of Gaming.
First day of sports betting projects future success in Missouri, analyst says
A geolocation service registered 2.6 million uses of betting platforms in the first 24 hours of legal sports wagering in the state.