Sports betting

Kalshi’s Parlay Debut Sends Shockwaves Through Sports Betting Sector

Kalshi’s introduction of customizable same-game parlays created ripples well beyond its platform on Monday night, September 29, triggering steep stock losses for two of the largest players in the U.S. sports be...

Robinhood Sets Sights on Global Prediction Markets Expansion

Robinhood Markets Inc., best known for reshaping retail stock trading, is now preparing to take its fast-growing prediction markets business beyond U.S. borders. The company has already opened discussions with ...

Royals and Underdog Team Up on Missouri Sports Betting Deal

The Kansas City Royals and sports gaming operator Underdog have entered into a multi-year agreement that grants Underdog market access for sports betting in Missouri. The partnership, announced Monday, Septembe...

Michigan Intensifies Enforcement Against Unlicensed Online Gambling

The Michigan Gaming Control Board (MGCB) has widened its enforcement campaign against unlawful gambling platforms, issuing new cease-and-desist orders to multiple operators accused of targeting state residents ...

DraftKings Signs Landmark Multi-Year Deal With NBCUniversal

DraftKings has reached a milestone in its expansion strategy by finalizing a multi-year advertising agreement with NBCUniversal. The partnership, unveiled this week, will provide DraftKings with exclusive right...

PrizePicks Secures Historic NFA FCM Registration, Opening Door to Prediction Markets

PrizePicks has taken a major step into the regulated predictions space after receiving approval from the National Futures Association (NFA) to operate as a Futures Commission Merchant (FCM). Its subsidiary, Per...

Nebraska Push for Online Sports Betting Moves to Ballot Initiative

Nebraska’s ongoing debate over online sports betting is set to shift from the legislature to the ballot box. Following repeated failures in the state Senate to pass legalization measures, casino operators and a...

New Jersey Gaming Revenue Climbs in August 2025 as iGaming Hits Record Levels

Record Month Highlights Industry Momentum New Jersey’s gambling market posted another strong performance in August 2025, with the Division of Gaming Enforcement (DGE) reporting $642.2 million in total gaming r...

Virgin Bet Backs TNT Sports for Europa League Sponsorship

Virgin Bet has revealed a landmark sponsorship agreement with TNT Sports, marking its debut in football partnerships by backing the broadcaster’s exclusive coverage of the UEFA Europa League and UEFA Europa Con...

CMA Says Spreadex Must Sell Sporting Index to Restore Competition

The UK’s Competition and Markets Authority (CMA) has ruled that Spreadex’s 2023 acquisition of Sporting Index’s consumer business eliminated the only rival in the country’s licensed online sports spread-betting...

India’s Online Gambling Ban Pushes Players Toward Offshore Sites

India’s decision to outlaw online gambling has upended a multibillion-dollar industry, sent shockwaves through the sporting world, and left millions of players seeking alternatives abroad. While the law aims to...

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...