Author: Scott Long

Eight arrests made in Korean KRW70 billion igaming operation

9 March 2026 at 8:00am UTC-4
Police in South Korea have arrested eight members of a criminal group accused of operating illegal igaming platforms that processed about KRW70 billion in wagers, according to ...

Sports betting bill falls short in Georgia again

9 March 2026 at 7:25am UTC-4
Lawmakers in the Georgia House rejected a proposal to legalize sports betting, leaving the long-running effort to expand gambling stalled again. House Resolution 450 failed 98 ...
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Kalshi expands into Brazil with XP partnership

9 March 2026 at 7:19am UTC-4
Kalshi is expanding beyond the US for the first time through a partnership with Brazilian brokerage XP, Bloomberg reported. Under the agreement, Kalshi will offer event-based ...

Men’s college basketball most wagered sport on Kalshi last month despite NCAA scrutiny

9 March 2026 at 7:12am UTC-4
Men’s college basketball generated US$2.3 billion in wagers last month on prediction market platform Kalshi, making it the most bet-on sport for Kalshi in February. According ...
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Jefferies analyst defends Flutter

6 March 2026 at 1:52pm UTC-5
Despite slashing his price target on Flutter Entertainment, one analyst stood by the embattled stock. James Wheatcroft of Jefferies Equity Research cut his per-share target on ...

DraftKings defies downward New York sports betting trend

6 March 2026 at 1:45pm UTC-5
Among the five publicly traded operators of online sports betting in New York State, only DraftKings experienced more revenue in February. FanDuel, BetMGM, Caesars Sportsbook and ...

Missouri promotions drop sharply in January

4 March 2026 at 2:11pm UTC-5
Outlays by online sports books to players fell in January, the second month of sports wagering in Missouri. The promotional giveaways went from 119% of revenue in December to 61 ...

Sportradar CEO says grand strategy is on schedule

3 March 2026 at 12:10pm UTC-5
In 2025, Sportradar laid out a three-year plan for its business through 2027. “Over the course of 2025 we delivered on this strategy,” said Chief Executive Carsten Koerl ...
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Sportradar swings from loss to profit in fourth quarter

3 March 2026 at 10:43am UTC-5
Data provider Sportradar pivoted from a modest loss in the fourth quarter of 2024 to a profit a year later. The company finished 2025’s fourth quarter €4.4 million in the ...

Ontario study finds surge in young men seeking gambling help

2 March 2026 at 7:53am UTC-5
An Ontario study has found that the rate of young men contacting the province’s mental health helpline for gambling-related problems has surged by more than 300% since the ...

India freezes assets linked to alleged 1xBet illegal betting operations

2 March 2026 at 7:47am UTC-5
India’s federal financial crimes agency, the Directorate of Enforcement, has frozen assets worth INR181 million in connection with an alleged illegal online betting operation ...

DraftKings and FanDuel dominate new Missouri sports betting market

2 March 2026 at 7:40am UTC-5
FanDuel and DraftKings continue to be major winners of Missouri’s new sports betting market, handling almost three-quarters of the money wagered in Missouri during the first two ...

Xpoint granted a vendor license to launch in Massachusetts

2 March 2026 at 7:36am UTC-5
Geolocation and compliance company Xpoint has been granted a vendor license and will enter Massachusetts’ sports betting market. Through the launch, operators in the state ...

Poll finds 64% of Wisconsin voters oppose legalizing online sports betting

2 March 2026 at 7:29am UTC-5
Around 64% of Wisconsin voters oppose legalizing online sports betting in the state, according to The Centre Square. A recent poll from Marquette University found that of the ...

Kalshi lobbying in New York as state lawmakers seek to regulate event contracts

2 March 2026 at 7:24am UTC-5
Kalshi has increased its lobbying efforts in the state of New York as lawmakers advance proposals to regulate the fast-growing prediction market sector, according to Bloomberg Law ...