Sports betting

PENN Committee Affirms Board’s Good-Faith Conduct in HG Vora Conflict

PENN Entertainment’s prolonged battle with activist investor HG Vora has taken another turn after an independent Special Litigation Committee (SLC) concluded the company’s board acted appropriately and “in good...

Underdog Bows Out of Missouri Sports Betting Launch: Eight Remain

Missouri’s entry into the legal sports betting scene will begin on December 1, but one notable sportsbook, Underdog, will not be joining the launch. The company withdrew its application for an operating license...

Robinhood and Susquehanna Team Up to Develop New Prediction Market Exchange

Robinhood and Susquehanna International Group are moving forward with a significant expansion into the prediction markets sector by forming a new joint venture that will operate its own futures and derivatives ...

Ontario iGaming Hits New Heights With Record Spending and Revenue in October

Ontario’s regulated online gambling market delivered its strongest performance to date in October, marking the third straight month of record-setting growth in player spending and operator revenue. Fresh data r...

Nevada Judge Reverses Earlier Win for Kalshi Amid National Legal Rift

A long-running legal fight between prediction market operator Kalshi and Nevada gaming officials took a dramatic turn this week after a federal judge reversed an earlier ruling that had shielded the company fro...

Colorado Penalizes BetMGM for Unauthorized College Player Prop Bets

Colorado gambling regulators have issued another enforcement action against a major sportsbook, this time penalizing BetMGM for taking wagers that the state explicitly prohibits. The operator accepted a series ...

Wisconsin Shelves Online Sports Betting Vote as Lawmakers Reassess Plan

Republican leaders in Wisconsin abruptly halted progress on Assembly Bill 601, a proposal that would have legalized online sports betting through tribal partnerships, just hours before a planned vote. The decis...

New York Gaming Commission Reconsiders Licenses for Prediction Markets

The New York State Gaming Commission (NYSGC) is intensifying its scrutiny of licensed operators, focusing on whether involvement in prediction markets could jeopardize their ability to operate in the state’s re...

Lou Jacobs Chosen to Lead AGA Board Beginning in 2026

The American Gaming Association’s Board of Directors has selected Delaware North Chief Executive Officer Louis “Lou” M. Jacobs to take over as its next chairman, marking a major leadership transition for the in...