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Michael Savio

Federal Prosecutors have filed indictments against Cleveland Guardians pitchers Luis Ortiz and Emmanuel Clase over a betting scandal involving micro-betting. Both are accused of spot-fixing and are facing up to 60 years in federal prison.

DraftKings CEO Jason Robins reported losses of around $300 million from the NFL season, but touted a new deal with ESPN and the upcoming launch of its prediction platform. He believes the company is setting itself up for big things in 2026.

Mexican lawmakers approved the 2026 Federal Revenue Law, which exempts FIFA and its partners from taxes during the upcoming 2026 World Cup. The country is instead looking to increase tax revenue from online gambling by raising the tax rate for operators to 50%.

The Wisconsin Senate Committee on Agriculture and Revenue began discussions over Senate Bill 592 this week. The bill would allow tribal gaming groups to start offering online sports betting, with servers hosted on their lands.

Disney and Penn Entertainment announced they have mutually agreed to end their partnership to operate ESPN Bet, which will close across the US on December 1. ESPN has agreed to make DraftKings its official betting partner, providing odds and more.

A recent report showed that Kalshi’s sports contract pricing still lags behind the sports betting industry. This, combined with increased competition and mounting lawsuits, has led many industry analysts to wonder if the giant is in trouble.

Italy picked up a crucial 3-0 win over Israel in an October World Cup qualifier, setting them up to end their 12-year drought. The team needs one point —or a loss by Israel —to secure their spot in North America this summer.

A massive betting scandal involving the NBA has drawn the attention of Congress. Lawmakers have reached out to officials from the country’s top sports leagues over concerns about their relationship to sports betting, forcing operators to make a difficult choice.

The NBA’s Oklahoma City Thunder has proposed a legal sports betting market in Oklahoma. It would allow the NBA team to share licensing rights and revenue with tribal gaming groups that are open to working with the team.

Trump Media has announced it will launch a prediction market platform on Truth Social through a deal with Crypto.com. Those markets will include sports and present some very real dangers for Americans across the US.