Sports Betting Industry News & Market Updates

Action 24/7 has announced it is ceasing operation in Tennessee, its only US sports betting market. The sportsbook’s ties to the payday loan industry and poor oversight led to several scandals over its nearly six years of operation.

An Ontario regulator has fined FanDuel Sportsbook $350K for failing to promptly catch and report a betting scandal involving a table tennis tournament. Online sportsbook operators had been warned that match-fixing might occur, but failed to prevent it.

A US Attorney has filed federal charges against 15 current and one former NCAA men's basketball players in connection with a massive point-shaving scheme. A total of 17 Division I schools and 29 games were listed in the indictment.

We are sharing our biggest takeaways from Kambi’s 2025 Sports Betting Trends Report, which provides key insights into the industry. We’ll cover which sports bettors wagered on, the impact of player prop bets, and the dominance of the NFL.

The Rhode Island Lottery has opened up the bidding process for a new online sportsbook license. SportsbookRI has been the only legal platform in the state since 2019, but growing complaints from bettors drove lawmakers to expand the market.

Entain faced early scrutiny after taking over TAB New Zealand in 2023. We look at what’s changed since and whether further action followed.

Football Australia has issued lengthy bans to four former A-League players for match-fixing linked to betting activity.

Next month’s NFL Super Bowl will feature an expanded sports prediction industry, providing a gauge of its performance relative to sports betting. It will also test the new sports prediction platforms launched by Fanatics, FanDuel, and DraftKings.

BetRivers Sportsbooks will be raising its minimum bet requirement to $5 in Illinois. It recently raised it to $1 after the state increased taxes. The new change comes just days after Chicago enacted a new city-specific license and tax system.

Lawmakers in Mississippi and Wisconsin are back in session and already discussing expanding their sports betting markets to include mobile sportsbooks. While changing conditions are giving proponents hope that the efforts will succeed, larger hurdles still remain for both states.