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Three Midterm Races That Most Affect Sports Betting Markets
Sports betting could look very different depending on the results of three crucial races. The first two are gubernatorial races in Wisconsin and South Carolina, while the third is for control of the U.S. Congress starting in 2027.
Wembanyama Won’t Promote Sportsbooks and Prediction Markets
NBA star Victor Wembanyama told reporters he won’t be partnering with sports betting platforms. He said he's focused on promoting positivity and shared his disappointment with the deals his fellow stars have made with sportsbooks and prediction markets.
Fanatics Announces Plans to Ramp Up Advertising in 2027
Fanatics’ CEO has said the company will spend up to $1 billion on marketing for its sports betting platforms. The goal is to help close the gap with DraftKings and FanDuel in sports betting and with Kalshi in prediction markets.
North Carolina Handle Surpasses $500 Million Again in August
North Carolina's monthly handle surpassed $500 million in August for the twelfth straight month. It generated over $11 million in tax revenue and showed that the state’s market is continuing to grow, despite a 5% tax hike for sportsbooks on July 1.
Illinois Tops $1 Billion in Wagers for July, Continuing Streak
Illinois saw over $1 billion in sports wagers in July, thanks to the World Cup. It was the twelfth consecutive month the state has topped $1 billion. Unfortunately, the busy month generated the lowest tax revenue total since September 2025.
Wisconsin Fighting to Protect Online Sports Betting Deal
Wisconsin continues to fight legal challenges to its effort to launch online sports betting. One lawsuit is arguing the state violated its own laws by expanding gambling under IGRA instead of a public vote, despite significant opposition.
Court Ruling Allows Ohio and Tennessee to Regulate Kalshi
The Sixth Circuit delivered a major blow to Kalshi, ruling for Tennessee and Ohio in their lawsuits. It found that the operator failed to prove that its sports contracts were “swaps,” giving the states the right to regulate them.
Lawmakers Propose New Federal Regulations for Sports Betting
Some members of Congress have joined with non-profits to launch a new movement to address problem gambling. It will focus on working with federal and state lawmakers to make changes. The movement will also build public pressure to make changes.
New York Sees Record Handle for The NFL’s Opening Week
New York’s State Gaming Commission’s weekly revenue report showed a record handle for Week 1 of the NFL season. However, New York bettors won at a high rate, leading to the second-lowest weekly GGR of the fiscal year.
FanDuel Launches New Interface With Prime Video For NFL Fans
Prime Video viewers can now link their FanDuel accounts to their Thursday Night Football Streams. This will allow them to track backs and live odds throughout the game. The feature is part of FanDuel's broader focus on the NFL season.
Will This Football Season Bring Tax Changes for Sportsbooks?
The football betting season is underway, but it features higher tax rates and a more robust prediction market industry. The season will help show the impacts of both, and could lead states to reconsider their tax systems.
Sports Leagues Request Increased Penalties for Harassing Bettors
US sports leagues sent a letter asking regulators to deliver lifetime sports betting bans for harassment. It also highlighted examples of how the issue is impacting athletes, coaches, officials, and other staff. Currently, only four states have implemented lifetime bans.
BetMGM, Minnesota Vikings Reach Canada Sports Betting Deal
The Minnesota Vikings have announced BetMGM as their official gambling partner in Canada. The deal will allow the operator to use the Vikings brand on its sportsbooks and casino platforms, which are currently available in Alberta and Ontario.
New Nebraska Coalition Forms to Oppose Online Sports Betting
A group named Save Nebraska Sports launched this week, promising to fight against the legalization of sports betting. The group consists of lawmakers and former Nebraska Cornhusker football coaches, who will encourage voters to reject the industry in November.
Missouri Reports Jump in Sports Betting Tax Revenue For July
Missouri saw fewer wagers in July than the month before, but still saw a spike in tax revenue from the World Cup. Retail sports betting saw wagers decline for the fifth straight month, with many bettors opting to use online sportsbooks.
Yahoo! Inks Deal to Boost Sports Betting Data & Coverage
Yahoo Sports signed a deal with Better Collective to upgrade its sports betting features. The deal will add more data and betting coverage and integrate the company’s Playbook tool. This will officially end BetMGM’s time as the company’s exclusive betting partner.
Missouri AG Looks to Protect Its Market From Sports Contracts
Missouri’s Attorney General says she believes sports markets should be regulated and taxed the same as sportsbooks. She did not promise lawsuits or other actions against the industry, but her words show it continues to lose support across the US.
Aaron Donald Has Comeback Player of the Year Odds, But Does He Qualify?
Aaron Donald is among the Comeback Player of the Year contenders, despite returning from retirement rather than injury or illness.
AGA Predicts Little Growth for the 2026 NFL Season Handle
The AGA predicts minimal growth for the NFL season, putting it flat with last year’s results. The group blamed the rise of sports prediction markets for the poor projections and highlighted the dangers the rival industry presents.
Fanatics Launches New App Combining Casino, Sports Platforms
Fanatics launched a new app combining its sportsbook, prediction, and casino platforms. It’s already live, making it available for the start of the football season. The launch comes soon after Fanatics became an official betting partner of the NFL.
DraftKings Announces National Promo To Celebrate Football Season
DraftKings has announced a new “DraftKings Gameday” promotion to celebrate the start of the football season. It will offer bonuses, giveaways, and even free gas in select cities. The promotion will also highlight the operator's expansion of sports prediction markets.
California IGA Head Calls on Kalshi to Join Regulated Market
California’s Indian Gaming Association Chair Victor Rocha called for Kalshi to join the regulated betting market. He argued that sports betting offers a chance at higher revenue, while allowing the operator to end its costly legal battles.
North Carolina Tax Increase Delivers Spike in Tax Revenue
North Carolina saw a spike in sports betting handle and tax revenue in July, the first month under its new tax rate. The World Cup played a large role in the success, making it hard to gauge the tax's true impact.
NFL Renews DraftKings, FanDuel Sports Betting Partnerships Following Fanatics Deal
DraftKings, FanDuel and Fanatics have signed multi-year deals as official NFL sports betting partners, with Fanatics also adding an online casino partnership.
DraftKings Launches Sports Prediction Markets in California
DraftKings has officially launched sports markets on its prediction platform in California, where sports betting remains illegal. As a result, the operator is risking a conflict with the state and its tribes, which are fighting to keep sports markets out.
MGM Announces Upgrades Are Coming for Its BetMGM Sportsbook
MGM has announced new upgrades to its BetMGM Sportsbook platform ahead of the football season. The upgrades focus on improving performance and making it easier for bettors to manage their wagers in hopes of winning bettors over from rival platforms.
Nebraska Sports Betting Petition Passes After Investigation
A petition to put online sports betting in Nebraska on the ballot in November has been approved. The news comes after the Secretary of State announced a signature fraud investigation into it and several other active petitions.
MGC Opens Investigation into Cardinals’ Suspended Scout
The Massachusetts Gaming Commission has announced a new investigation into an Arizona Cardinals scout over illegal gambling. It is focusing on unusual betting activity around the 2026 NFL Draft, as well as allegations of betting on college and pro games.
New Jersey Regulator Reports Record Sports Betting Handle for July
New Jersey saw a record-high July sports betting handle that generated around $20 million for the state. The knockout stages of the 2026 World Cup helped boost the numbers, with the tournament’s final match being held in New Jersey.
Fanatics Sportsbook Lands Big Win with Multi-Year NFL Partnership
Fanatics is becoming the NFL's new sports betting partner, replacing Caesars, DraftKings, and FanDuel. The two sides announced a retail partnership back in April, signaling more could be coming. The deal also includes Fanatics Casino, but is not exclusive.
Arizona Regulator Approves Circa to Launch Online Sportsbook
The Arizona Department of Gambling has approved Circa Sports' application for an online sports betting license. It gained market access through a partnership with the San Juan Southern Paiute's sports, replacing Betway, which exited the US in 2024.
Patience On Sports Betting May Pay Off for California Tribes
California tribal leaders have targeted 2028 for a new effort to legalize sports betting. While the state has been criticized for its inability to legalize the industry, there are a few reasons why the timing may ultimately pay off.
Missouri Tax Rate Under Fire Again After Disappointing June
Missouri’s sports betting market saw a drop in revenue and overall handle in June, despite hosting World Cup matches. The disappointing results may soon restart talks of raising the state’s tax rate for sportsbooks, which failed earlier this year.