Location: +United States

American Gaming Association CEO claims US$1 billion in tax revenue lost to prediction markets

29 May 2026 at 7:07am UTC-4
The American Gaming Association says estimates show that US states have lost out on more than US$1 billion in tax revenue because of the rise of prediction markets. Speaking on ...

Google worker arrested for insider trading on Polymarket

28 May 2026 at 7:09am UTC-4
A Google engineer was arrested in the US on Wednesday after prosecutors accused him of using confidential company information to place profitable bets on Polymarket. Federal ...

White House reviews CFTC prediction market proposal

28 May 2026 at 7:03am UTC-4
A new proposal from the Commodity Futures Trading Commission on regulating prediction markets is under review by the White House, according to a filing published this week. The ...

US poll finds sports betting supporters in the minority

28 May 2026 at 6:57am UTC-4
A new poll, exclusively provided to The Center Square, found that more Americans oppose the legalization of sports wagering than support it. The poll, conducted by public ...
PayNearMe

Analysts cooler toward Sportradar

27 May 2026 at 2:05pm UTC-4
Embattled firm Sportradar suffered another blow on 27 May, as J.P. Morgan analysts downgraded it to “neutral.” Their price target remained at US$16 per share. Morgan ...

Trump backs Commodity Futures Trading Commission and prediction markets

27 May 2026 at 7:42am UTC-4
President Donald Trump has publicly backed prediction market platforms amid legal and regulatory challenges from several US states. In a post made to his social media platform ...
GLI email

US senator targets prop bets and offshore sportsbooks

27 May 2026 at 7:34am UTC-4
US Senator Brian Schatz has said he is preparing legislation to tighten oversight of sports betting by targeting micro prop bets and illegal offshore sportsbooks, according to ...

Sportradar faces class-action lawsuit after shares drop

27 May 2026 at 7:15am UTC-4
International securities law firm Bleichmar Fonti & Auld has filed a class-action lawsuit against Sportradar after the group saw its shares drop 22% after allegations that it ...

House Committee to probe prediction market insider trading on Kalshi, Polymarket

22 May 2026 at 1:13pm UTC-4
James Comer, Chairman of the House Oversight and Government Reform Committee, says the committee will be investigating potential insider trading on prediction market platforms ...

NHL signs integrity deal with Commodity Futures Trading Commission

22 May 2026 at 7:41am UTC-4
The NHL has signed an information-sharing agreement with the Commodity Futures Trading Commission aimed at protecting the integrity of prediction markets linked to professional ...

Polymarket files to list sports-event contract parlays

21 May 2026 at 8:07am UTC-4
Polymarket is preparing to add the option to bet on sports parlays after filing for a Combinatorial Outcome Contract with the Commodity Futures Trading Commission. According to ...

Better Collective revenue climbs 5% to €86 million as it expands partnership with X

21 May 2026 at 7:50am UTC-4
Better Collective has reported a 5% year-on-year increase in revenue to €86 million in Q1 2026, alongside news that it has expanded its existing partnership with social ...

Gentoo Media revenue down 5% to €24 million in Q1 2026

21 May 2026 at 7:46am UTC-4
Sports betting and igaming affiliate Gentoo Media has reported a Q1 2026 revenue of €24 million, representing a 5% year-on-year decrease. It attributed the decline to lower ...

FanDuel to produce short films focusing on Special Olympians

20 May 2026 at 2:07pm UTC-4
FanDuel is getting into the film business for a worthy cause. In advance of the 2026 Special Olympics USA Games in Minneapolis, FanDuel is producing a new and original content ...

Analyst: World Cup set to accelerate online sports betting growth

20 May 2026 at 6:10am UTC-4
World Cup-related betting in the US is projected to generate US$3.3 billion in handle, according to a study by Deutsche Bank analyst Steven Pizzella. Pizzella felt that at ...