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.
OPAP Posts Record €2.4B GGR as iGaming Surges 17% Ahead of Allwyn Merger
All five segments grew but rising costs compressed margins in what will be OPAP's final year as a standalone company before the Allwyn combination closes in Q2 2026.
Virginia Splits on Gambling Bills as Skill Games Advance
Retail skill machine regulation moved forward, while online casino legislation failed to reach final approval despite a narrow Senate vote.
New York Sues Valve Over Loot Boxes, Targeting Billion-Dollar Skin Market
New York Attorney General Letitia James sued Valve over loot boxes in three major titles on February 26.
Michigan Bans 45 Offshore Operators in Four-Month Enforcement Push
The MGCB issued cease-and-desist orders against 45 unlicensed offshore operators over the past four months.
Alberta Sets July 13 Launch for Regulated iGaming Market
Alberta becomes Canada's second province with a regulated iGaming market. Grey market operators must comply by July 13 or lose licence eligibility permanently.
Kalshi Wins New Jersey Appeal but Faces Criminal Charges in Arizona
The Third Circuit ruled 2-1 that Kalshi's sports event contracts fall under federal CFTC jurisdiction. New Jersey cannot enforce state gambling law against the company.
Nevada Judge Extends Kalshi Ban as Legal Battles Spread Across US
Nevada's court extended its block on Kalshi through April 17. Arizona filed 20 misdemeanor charges, which is the most serious legal action against the company in any state.
NBA Tanking Forces Sportsbooks to Reprice Lines and Tighten Limits
Eight NBA teams prioritise draft position over wins, forcing sportsbooks to reprice moneylines and cut limits.
FIFA Names ADI Predictstreet Official Prediction Market Partner for 2026 World Cup
ADI Predictstreet becomes FIFA's first official prediction market partner. Its platform covers all 104 matches of the 2026 tournament across the US, Canada, and Mexico.
Churchill Downs Faces Wabanaki Nations in Maine iGaming Monopoly Fight
All four Wabanaki Nations intervened in Churchill Downs' federal lawsuit over Maine's exclusive tribal online casino rights. A judge granted the motion last Thursday.
Kalshi Undercut Sportsbook Odds Across March Madness, Citizens Report Finds
Citizens Capital Markets found Kalshi offered better odds than DraftKings, FanDuel, and Fanatics across all 2026 NCAA tournament games.
Polymarket Launches Referral Program With 30% Commission for Active Traders
Polymarket opened its referral program to traders with at least $10,000 in trading volume. Direct referrals earn 30% of commissions, and indirect ones earn 10% for the first 180 days.
DraftKings Bets on a Super App as Sportsbook Growth Slows
The operator says a single wallet and one front-end across sportsbook, casino, lottery, and predictions can open a bigger next phase of growth.
Flutter Consolidates PokerStars Under FanDuel in US Push
PokerStars will shut standalone US platforms and migrate players into FanDuel, creating a single wallet and shared liquidity across key states.
Indiana Bans Sweepstakes Casinos, Poker Games Stay in Play
Indiana has passed House Bill 1052, changing how online gaming works in the state. Sweepstakes casinos are banned, while skill-based poker remains allowed, with sweepstakes sites required to shut down by July 1, 2026.