The NHL is working with the CFTC to establish guidelines for prediction markets involving sports, aiming to ensure game integrity and protect the sport's integrity.
Major online sportsbooks like DraftKings and FanDuel have invested heavily in Alabama's Republican primary, backing pro-gambling candidates who won. This could pave the way for sports betting legalization in the state.
The U.S. Senate Subcommittee held a hearing on prediction markets and sports betting, with experts warning about the normalization of gambling. Dr. Harry Levant, Director of Gambling Policy at the Public Health Advocacy Institute, testified about the dangers of prediction markets and the partnerships between sports leagues and gambling platforms.
New York City residents can purchase up to 1,000 World Cup tickets for just $50 each, but New Jersey officials are not happy about being left out of the deal.
Turkey's Vice President Cevdet Yılmaz revealed that the country's illegal gambling market is valued between $20 billion and $60 billion. The government has been intensifying its crackdown on illegal gambling and related crimes.
Texas Tech quarterback Brendan Sorsby is on the brink of becoming the first active NCAA athlete banned for gambling. The NCAA's decision has sparked legal battles and support from the university.
DraftKings will stop accepting in-person bets at its Wrigley Field venue on May 31, 2026. The venue’s bar and restaurant will remain open, but in-person bets won’t be accepted after May 31, 2026.
The US commercial gaming industry reported record-breaking casino revenue of $783.6 billion in 2025, a 9.1% increase from 2024. This growth was driven by traditional land-based casinos, sports betting, and internet gaming markets.
Mohegan's second fiscal quarter of 2026 saw a significant increase in digital revenue, but overall net income decreased. The company's domestic and international resorts faced slight revenue declines.