Vertical: Sports Betting

Kalshi valuation surges to US$22 billion after recent funding round

23 March 2026 at 7:08am UTC-4
Kalshi has had its valuation increased to US$22 billion after its latest funding round, which raised more than US$1 billion. The Wall Street Journal was the first to report on ...

Uzbekistan delays rollout of online gambling licenses

20 March 2026 at 7:59am UTC-4
Authorities in Uzbekistan have confirmed they have not yet issued any licenses for online gambling, despite the launch of a new legal framework. On March 18 a spokesperson for ...

Minnesota online sports betting bill faces pushback

20 March 2026 at 7:52am UTC-4
Minnesota’s attempt to legalize sports betting in the state is once again encountering resistance, despite a renewed push by lawmakers during the current legislative session ...

Kentucky House passes bill to tighten rules around sports gambling

20 March 2026 at 7:25am UTC-4
Kentucky lawmakers have passed legislation to implement rule changes for sports betting, including raising the legal gambling age and restricting certain wagers. House Bill 904 ...
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Polymarket becomes official prediction market of the MLB

20 March 2026 at 7:11am UTC-4
The MLB has partnered with predictions platform Polymarket, making it the league's official prediction market exchange.   The announcement came after the MLB and the ...

Playtech receives license to supply operators in Connecticut

20 March 2026 at 6:56am UTC-4
Casino supplier Playtech has expanded its presence in North America after securing regulatory approval to enter Connecticut, making it the sixth US state in which it operates ...
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Colorado Senate committee votes for new gambling guardrails

19 March 2026 at 8:20am UTC-4
A Colorado Senate Finance committee has voted narrowly to advance sports betting legislation aimed at tightening the rules, as lawmakers raise concerns about rising gambling ...

Kalshi founder says Arizona overstepped by pressing criminal charges

19 March 2026 at 7:54am UTC-4
Tarek Mansour, the co-founder of prediction market Kalshi, has strongly criticized criminal charges filed against the company in Arizona, describing them as an excessive and ...

Beter expands LatAm presence with Wplay partnership in Colombia

19 March 2026 at 7:45am UTC-4
Betting data provider Beter has expanded its presence in Latin America by partnering with Colombian operator Wplay. Beter will provide Wplay with its eSportsBattle tournaments ...

Kalshi faces criminal charges for operating illegal gambling in Arizona

18 March 2026 at 7:32am UTC-4
Arizona Attorney General Kristin Mayes filed criminal charges against prediction market Kalshi on Tuesday, alleging that the operator is illegally operating within the state ...

Wisconsin online sports betting bill heads to Governor despite pushback

18 March 2026 at 7:15am UTC-4
Wisconsin’s online sports betting bill has passed the Senate with a vote of 21-12 and now heads to the desk of Gov. Tony Evers, despite mounting opposition from Senate lawmakers ...

Few prediction market users are 50 or older, Truist analyst says

17 March 2026 at 4:13pm UTC-4
Just 7% of prediction-market users are older than 49. That was one of myriad findings reported by Truist Securities analyst Barry Jonas in a 17 March investor note. Although ...

Americans view prediction markets as gambling, not trading

17 March 2026 at 8:15am UTC-4
US research into the public's attitudes toward prediction markets such as Kalshi and Polymarket suggests many Americans see them as closer to gambling than investing. The ...

Fanatics promotes Alex Smith to Chief Legal Officer

17 March 2026 at 7:33am UTC-4
Fanatics has appointed Alex Smith as Chief Legal Officer and promoted Sara Tait to Senior Vice President and Head of Legal and Regulated Industries. Smith will report directly ...

Argentina bans Polymarket as court finds it to be unlicensed gambling

17 March 2026 at 7:28am UTC-4
A court in Argentina has ordered internet providers in the country to block access to predictions platform Polymarket. Judge Susana Parada made the ruling following an ...