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New Mexico Rep Asks Tribes to Open Talks Over Mobile Betting
New Mexico Rep. John Block has asked the tribes to open talks over legalizing mobile sports betting. He cited the growth of federally regulated sports prediction markets, which offer residents a legal way to wager on sports.
North Carolina Lawmakers Approve Bill to Help Audit Bettors
North Carolina lawmakers passed a bill proposing new tax reporting requirements for sportsbooks. The goal is to help the state audit gambling winnings claimed on tax returns, keeping residents honest while also boosting tax revenue generated by the industry.
NFL Rebuffs Sorsby’s Request to Enter Supplemental Draft
The NFL announced it will be canceling the 2026 supplemental draft due to Brendan Sorsby. In a letter to the quarterback, officials expressed concerns that he was attempting to sidestep his gambling violations. Sorsby’s attorney promised to challenge the decision.
South African Regulator Warns About Fake Betting Apps
South African gambling authorities are urging consumers to stay alert as fake betting apps and cloned gambling websites target sports fans during the 2026 FIFA World Cup. Regulators say scammers are becoming increasingly sophisticated in their attempts to imitate legitimate operators.
Prediction Markets Sue Kentucky Over Tax on Transaction Fees
The Coalition for Fair Markets has sued Kentucky over its new 14.25% tax on prediction operators passed by lawmakers back in April. The group argues the tax is discriminatory, despite Kentucky cracking down on all forms of sports betting.
Wisconsin Opens Talks With Tribes to Launch Mobile Betting
Wisconsin’s Governor has opened talks with 11 local tribes to negotiate the launch of mobile sports betting. The two sides need to agree on a legal framework for the new market, including revenue-sharing requirements for commercial operators.
Nevada Rep Calls Out CFTC Over Sports Prediction Markets
Nevada Rep. Dina Titus called out the CFTC’s defense of prediction markets on social media, accusing the regulator of corruption. She rejected the regulator’s proposed regulations for the industry and called for Congress to take action to rein it in.
New Mexico Files Lawsuit Against Kalshi Over Sports Markets
New Mexico has filed a lawsuit against Kalshi over its sports prediction markets, arguing they violate state laws. It closely resembles lawsuits from several other states who have also targeted Kalshi and its rivals over the last year.
Court Ruling on Sorsby Scandal Creates Nightmare for NCAA
A Texas court ruling will allow Brenden Sorsby to play for Texas Tech this upcoming season, despite placing over 1,000 wagers with online sportsbooks in the last four years. The ruling sets a dangerous precedent that could haunt the NCAA.
Illinois Lawmakers Approve New Tax for Sports Contracts
Illinois lawmakers have approved a budget that will add a new per-transaction tax on sports contracts. The tax was added despite the state not having legal authority to enforce it, and is likely to result in more lawsuits from the industry.
Arkansas Sees Record Handle After Sports Betting Expansion
Arkansas sports betting placed over $100 million in wagers in April, setting a new monthly record. The success came as FanDuel and DraftKings had its first full month in the market, though they didn’t contribute much tax revenue.
Rhode Island Approves Bally’s for Mobile Betting License
The Rhode Island Lottery has awarded Bally’s with a mobile betting license. It will launch in November, becoming the first new sportsbook to enter the market since 2019. However, lawmakers fear the state’s high tax rate will prevent future expansion.
Tennessee Tests CFTC By Stepping Up Fight Against Kalshi
Tennessee’s Attorney General has escalated its fight against Kalshi, arguing the operator is violating the state’s sports betting laws. A New Jersey judge allowed the operator’s platform to remain live, a decision the AG hopes an appeals court will overturn.
Polymarket Files With the CFTC to Launch Parlay Feature
Polymarket has filed with the CFTC to launch a new parlay-style feature for its sports markets. The move is meant to help it compete with Kalshi and mobile sportsbooks, and was made despite the tumultuous future facing the prediction industry.
North Carolina Lawamkers Consider Tax Hike for Sportsbooks
North Carolina lawamkers are reportedly considering a tax hike for sportsbooks as part of its upcoming budget. They are considering raising the current 18% rate by up to 12%, or adding a per-wager tax similar to the one in Illinois.
CFTC Sues Minnesota Over Its New Prediction Market Ban
The CFTC has filed a lawsuit against Minnesota over its new restrictions on prediction markets, which would ban markets involving sports and politics. The states’ new rules allow the state to file criminal charges against operators who violate them.
Wisconsin Tribes Set to Pick Up a Big Win Against Kalshi
A US District Judge has ruled that Wisconsin tribes have the right to sue Kalshi over sports prediction markets. While he rejected a request to force Kalshi out while their lawsuit is settled, he found the operator is likely violating IGRA.
Will Sportsbooks Look to Enter Wisconsin’s Mobile Market
Wisconsin has officially paved the way for tribal-run mobile sports betting, but fears remain that commercial operators won’t join. Find out the latest here!
Michigan Senate Strips Per-Wager Tax From Budget Proposal
The Michigan Senate passed the latest budget, but rejected a proposed per-wager tax for sportsbooks. Lawmakers from both parties worried the change would shrink the state’s sports betting market, despite the results seen from a similar tax in neighboring Illinois.
Flutter Ousters FanDuel CEO After Lowering 2026 Guidance
Flutter has removed Amy Howe as FanDuel’s CEO as it looks to invest more in prediction markets. President Christian Genetski will take over the role after playing a crucial role in the expansion of mobile betting in the US.
Are The Walls Closing in for the Prediction Industry
A recent bipartisan effort by attorneys general and an order in Texas have the prediction industry reeling as May begins. The two actions show the waning support for the controversial platforms, and could lead it to soften its stance going forward.
CFTC Expands Legal Fight Over Sports Prediction Markets
The CFTC has expanded its legal fight to protect prediction markets by suing New York and Wisconsin. The regulator claims both states have illegally targeted operators despite lacking any regulatory authority. Arizona, Connecticut, and Illinois are also facing similar lawsuits.
New Zealand Racing Integrity Board Steps Up Online Gambling Focus
New Zealand’s Racing Integrity Board is preparing for a changing gambling market as online casino regulation moves ahead.
Ohio Considering Bill to Clamp Down on Prediction Industry
The Ohio Senate is considering a new bill that would require prediction platforms to be subject to the same regulations and taxes as sportsbooks. The proposal comes as the state’s gambling regulator, Kalshi, and the CFTC battle in court.
Oklahoma Rejects Sports Betting Bill, Sets Sights on 2027
A Colorado Senate committee has rejected part of a bill that would have banned prop bets, which were aimed at curbing problem gambling. Among the biggest reasons for the rejection was the projected financial impact on the state’s tax revenue.
Proposed Ban on Prop Bets Stripped From Colorado Bill
A Colorado Senate committee has rejected part of a bill that would have banned prop bets, which were aimed at curbing problem gambling. Among the biggest reasons for the rejection was the projected financial impact on the state’s tax revenue.
Judge Halts Arizona’s Criminal Case Against Kalshi
A US Court has issued a temporary restraining order for the CFTC against Arizona, forcing the state to halt its criminal prosecution of Kalshi. The Court confirmed an earlier ruling for Kalshi that its platform is protected by federal law.
Mobile Sports Betting is Officially Coming to Wisconsin
Wisconsin Governor Tony Evers has signed a bill that will create a tribal-centric mobile sports betting market. While his signature ends years of legislative deadlock, it has also raised concerns that commercial operators won’t join the new market.
Big Changes Are Coming to Kentucky's Sports Betting Market
Kentucky has officially passed a new bill that will significantly alter its sports betting market. Although Governor Beshear vetoed, the state legislature easily overrode it. It includes a ban on in-state college player props while raising the betting age to 21.
DraftKings, FanDuel Manage to Avoid Kentucky Crackdown
DraftKings and FanDuel used their political capital to help revise key proposals from a new Kentucky bill. The effort removed penalties for sportsbooks that offer prediction platforms, as well as a ban on the practice of limiting winning bettors.
Kalshi Confirms Status as Bookmaker in Trademark Filing
Kalshi’s trademark designates it as part of the sports betting industry, despite its denial of offering gambling. The operator said the move was insignificant because it would force the USPTO to accept that the industry class is relevant to Kalshi.
Wisconsin Mobile Betting Bill to Learn Its Fate This Week
Wisconsin Governor Tony Evers has promised a decision on online sports betting this week. While he has been supportive of online sports betting, he has refused to commit to signing the current effort, which would create a tribal-centric market.
CFTC Ramps Up Defense Of Sports Contracts With New Lawsuits
The CFTC has filed lawsuits against Arizona, Connecticut, and Illinois over their legal attacks against sports prediction market operators. All three states have issued cease-and-desist letters to prediction operators, and Arizona has also filed criminal charges against Kalshi.