Sports betting

California Tribes File Lawsuit Against Kalshi and Robinhood Over Sports Betting

A coalition of three federally recognized California tribes has filed a federal lawsuit accusing prediction market operator Kalshi and trading platform Robinhood of facilitating illegal sports gambling that inf...

PointsBet Board Dismisses Betr Bid, Supports MIXI’s Cash Offer Amid VIP Revenue Worries

Australian sportsbook operator PointsBet has once again declined a takeover proposal from rival Betr, pointing to concerns around the stability and risk profile of Betr’s revenue model. The company instead endo...

Labour Faces Internal Pressure as MPs Demand Gambling Reform Overhaul in the U.K.

Labour’s leadership is encountering growing pressure from within its own party, as an expanding group of backbench MPs pushes for comprehensive reforms to Britain’s gambling regulations. With concerns mounting ...

New Jersey Gaming Revenue Rises in June as iGaming and Sports Betting Surge

New Jersey’s gaming sector recorded an 18.4% year-over-year increase in June 2025, with total revenue reaching $581.6 million across land-based casinos, internet gaming, and sports wagering, according to the la...

DraftKings Explores Acquisition of Railbird to Enter Prediction Market Sector

DraftKings is reportedly engaged in acquisition talks with Railbird Exchange, a relatively new entrant in the prediction market industry. The discussions, still in preliminary stages, reflect DraftKings’ ongoin...

New York Online Sportsbooks Earn $206M in June as Handle Slips

New York’s online sports betting market saw a notable dip in total wagers for June 2025, marking the lowest monthly handle since August of the previous year. According to the New York State Gaming Commission (p...

DraftKings Settles Connecticut Bonus Dispute, Agrees to Return $3 Million

DraftKings, the popular Boston-based sports betting operator, has settled with the Connecticut Department of Consumer Protection (DCP) following an investigation into the company's promotional practices. The se...

Flutter Completes FanDuel Takeover, Extends Boyd Partnership to 2038

Flutter Entertainment has officially reached an agreement to purchase Boyd Gaming Corporation’s remaining 5% ownership in FanDuel, cementing full control over the U.S.’s leading sports betting and iGaming platf...

Missouri Nears Sports Betting Launch as FanDuel, DraftKings Seek Prime Licenses

As Missouri moves toward its long-anticipated sports betting debut on December 1, 2025, major developments are unfolding in the race to secure licenses. Among the most coveted opportunities are the two untether...

Fantasy Sports Startup Secures 7 Million Dollars to Fuel Expansion

Fantasy Life, the brainchild of renowned fantasy football analyst Matthew Berry, has successfully closed a $7 million funding round aimed at accelerating its evolution from a content brand into a dynamic techno...