Sports Betting Industry News.
The regulated sports betting market moves quickly. New jurisdictions, operator shake-ups and compliance shifts covered for the businesses operating in this space.
19 MPs Urge Nandy to Halt Affordability Checks Before Thursday Meeting
The cross-party letter, sent to Culture Secretary Lisa Nandy on Sunday by MPs from 19 racecourse constituencies, called for a pause before the Gambling Commission's board meets this week. Industry projections cited in the letter put the cost to the sport at £250 million over five years.
DraftKings Shares Face Pressure Amid Rising Kalshi and Polymarket Users
BNP Paribas cites more than 50% user overlap with Kalshi and Polymarket, warning of margin pressure and a $20 price target.
Congress Puts 10 Gambling Operators on Notice Over Youth Harm
Five House members have demanded revenue breakdowns by age group, advertising spend comparisons, and youth safeguard disclosures from Bet365, DraftKings, Kalshi, and seven others, with written responses due May 29.
Dana White Calls on Trump to Repeal Gambling Loss Tax Cap
The UFC president's letter pushed Kalshi repeal odds from 19% to 32% in days, more movement than a year of Congressional bills produced.
Italy’s Lega Pro Calls for Betting Levy to Fund Youth Football
Lega Pro president Matteo Marani told a parliamentary committee that betting operators should contribute directly to youth academy funding. He also called for a revision of Italy's gambling advertising ban.
Apple Opens Brazil App Store to Licensed Betting Apps After ANJL Legal Push
Operators with a valid SPA licence must submit a new app version and attach documentation to pass Apple's verification process. All gambling apps will carry an A18 rating in Brazil.
Stats Perform Launches AI Video Tool to Cut Highlights Time by 80%
Opta Pulse combines live match data with AI-assisted detection to let publishers clip and distribute broadcast-quality content in under a minute.
Kalshi Claims MSG Concourse in Prediction Market Push
Kalshi secured Madison Square Garden concourse rights under a multi-year partnership that gives it arena and MSG Networks exposure.
Italy’s Supreme Court Confirms Tax Liability for Offshore CTDs
Judges rejected arguments tied to EU law and upheld ADM’s authority to pursue offshore betting operators using Italian CTDs.
DraftKings Profit Beat Puts Prediction Markets in Focus
DraftKings posted $1.65B in Q1 revenue and a $21.1M net profit, while adjusted EBITDA beat estimates and prediction market volume crossed $1B annualised in April.
KSA Files 4,600 Meta Reports as Dutch Ad Crackdown Widens
The Dutch Gambling Authority faces pressure on two fronts: unlicensed operators flooding social media with illegal ads, and licensed brands breaching age-targeting rules.
Alberta Lists 28 iGaming Operators for July 13 Launch
The AGLC has published its operator list ahead of Alberta becoming Canada’s second regulated online gambling market, with FanDuel, DraftKings, BetMGM, and Caesars Sportsbook included on the list.
Flutter Replaces FanDuel CEO as US Sportsbook Pressure Builds
Flutter has handed Christian Genetski control of FanDuel after Amy Howe’s exit, while cutting 2026 guidance and investing further in prediction markets.
Senate Targets Sports Betting Integrity as Match-Fixing Cases Mount
A U.S. Senate subcommittee will hold a May 20 hearing on sports betting integrity, with lawmakers examining current safeguards against match-fixing risks and the rise of prediction markets.
Q1 Earnings Show iGaming Pulling Ahead of Sportsbooks
Q1 earnings from Caesars, RSI, Sportradar and Robinhood show iGaming growth outpacing sports betting, while prediction markets are becoming a more visible topic for sportsbook operators.