Vertical: Sports Betting

Underdog sues Tennessee over prediction market regulation

16 October 2026 at 8:40am UTC-4
Sports betting and prediction market operator Underdog has sued Tennessee after receiving a cease-and-desist letter last week from state regulators ordering it to cease prediction ...

Entain reports 2% 3Q26 revenue growth despite 36% drop in Brazil

16 October 2026 at 8:30am UTC-4
Global gaming group Entain has reported a 2% yearly increase in group net gaming revenue (NGR) for the third quarter of 2026, as growth across several international markets helped ...
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Louisiana puts DraftKings license renewal on hold amid AI, shareholder probe

16 October 2026 at 8:09am UTC-4
The Louisiana Gaming Control Board (LGCB) has delayed a decision on renewing DraftKings’ sports betting license until early next year while regulators investigate the operator ...

Entain CEO expects Brazil to reopen, plans conservative return

16 October 2026 at 8:01am UTC-4
Entain CEO Stella David is expecting Brazil’s online betting market to reopen following its sudden closure in September, but the operator indicates it will take a cautious ...
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IBIA study points to Brazil betting ban sending market underground

15 October 2026 at 7:13am UTC-4
The International Betting Integrity Association (IBIA) has released a study that casts scrutiny on Brazil’s online betting ban, saying the prohibition will only drive the market ...

Altenar files EU and UK antitrust complaints against Sportradar: report

15 October 2026 at 6:23am UTC-4
Sportsbook software provider Altenar Technologies has reportedly filed antitrust complaints against sports technology company Sportradar Group with the European Commission and the ...

CFTC reinforcement of oversight on sports contracts no surprise to Nevada Gaming Control Board Chairman

15 October 2026 at 5:33am UTC-4
The recent proposals by the US Commodity Futures Trading Commission (CFTC) to confirm its control over prediction markets, while excluding “wagers on sportsbooks” despite ...

DigiPlus abstains from New Zealand online gaming license process, international expansion curtailed

15 October 2026 at 4:27am UTC-4
Philippine igaming group DigiPlus Interactive Corp has officially stated that it “has decided to abstain” from obtaining an online gaming license in New Zealand, after the ...

Maryland online sports betting revenue plunges in September

14 October 2026 at 11:11am UTC-4
Winnings from online sports betting in Maryland fell 20.1% in September to US$56.6 million. Online handle in the Free State was US$641.2 million. Sportsbooks held at 8.8% for ...

FTC reportedly reviewing FanDuel, DraftKings over betting practices

14 October 2026 at 7:17am UTC-4
The FTC has begun a preliminary review of the US sports betting industry, focused on online sportsbooks such as DraftKings and FanDuel, according to The Washington Sun. The ...

South Korean authorities arrest three in UAE over illegal gambling network that sponsored Premier League team

14 October 2026 at 6:58am UTC-4
Three South Korean suspects have been arrested in the United Arab Emirates over their alleged links to illegal online gambling operations worth KRW2.6 trillion. According to ...

Sportsbet told to stop using AI content of AFL players

14 October 2026 at 6:36am UTC-4
The Australian Football League (AFL) has told its sportsbook partner, Sportsbet, to stop posting AI-generated content of its athletes without permission from the players ...

PointsBet expecting 16% drop in fiscal first-half revenue on Australian business decline

14 October 2026 at 6:29am UTC-4
Australia-based PointsBet Holdings is expecting a 16% yearly drop in its fiscal half-year revenue (from 1 April to 30 September), to AU$113 million, “attributable to the ...

BetMGM boss decries prediction markets during earnings call

13 October 2026 at 11:24am UTC-4
BetMGM CEO Adam Greenblatt’s tone grew particularly emphatic during the company’s third-quarter earnings call when he raised the subject of prediction markets. “The ...

BetMGM increases revenue, cash flow in third quarter

13 October 2026 at 10:45am UTC-4
Buoyed by the World Cup, BetMGM posted third-quarter hikes in revenue and cash flow, numbers released early on 13 October show. Revenue rose 7% to US$710 million. BetMGM also ...