Sports betting

Genius Sports Acquires Sports Innovation Lab to Advance Fan Data Strategy

Genius Sports has completed the acquisition of Sports Innovation Lab (SIL), a fan data and insights company, in a move that accelerates the growth of its media and advertising operations. While the financial te...

Daniel Negreanu Joins Kalshi Amid Legal Scrutiny of Prediction Markets

Poker icon Daniel Negreanu, known worldwide as “Kid Poker,” has become the newest ambassador for Kalshi, the U.S.-based prediction market platform that lets users trade contracts on real-world events. The annou...

Robinhood Challenges Massachusetts Regulators in Court Over Sports Prediction Markets

In a new twist to the ongoing legal battle surrounding sports prediction markets, Robinhood has filed a lawsuit in the U.S. District Court for the District of Massachusetts. The trading platform is seeking an i...

Massachusetts Sues Kalshi for Offering Unlicensed Sports Wagers

Massachusetts Attorney General Andrea Joy Campbell has filed a lawsuit against KalshiEX LLC, accusing the online prediction market platform of unlawfully offering sports wagers to Massachusetts residents. The l...

Americans Call for Gambling Oversight of Sports Event Contracts

The American Gaming Association (AGA) has published new research indicating strong public sentiment that sports event contracts should not be treated as financial tools, but rather as gambling products requirin...

NCAA Permanently Bans Three College Basketball Players for Betting Scandal

The NCAA has handed down permanent bans to three Division I men’s basketball players following an investigation into sports-betting violations that compromised game integrity. The Committee on Infractions annou...

UK Racing Cancels All Meetings in Historic Protest Over Betting Tax Hike

British racing is staging an unprecedented, sport-wide stoppage to oppose the Government’s move to fold online betting duties into a single, higher band. For the first time in modern history, racecourses, owner...