Sports Betting Industry News & Market Updates

Heather GartlandBy: Heather Gartland

Winter Olympics Betting Buzz in NZ after Zoi Sadowski-Synnott’s Silver

Zoi Sadowski-Synnott’s silver has lifted Winter Olympics interest in NZ, but only TAB can legally offer and promote sports betting to Kiwis.
Photo by Tichnor Brothers, Inc., Boston, Public domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

South Carolina Lawmakers Hear Debate Over Sports Betting

South Carolina House lawmakers held a hearing on a bill to legalize sports betting, despite Governor McMaster's strong objections to the industry. The Senate is considering a similar bill, with both looking for up to eight sportsbook licenses.
Heather GartlandBy: Heather Gartland

Tabcorp Pays $158,400 after ACMA Probe Finds Illegal In-play Bets

Tabcorp paid a $158,400 penalty after accepting 426 online in-play tennis bets. ACMA will oversee fixes through an enforceable undertaking.
Photo by Yinan Chen, Public Domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

Wisconsin Tribes Ask Lawmakers to Expand Sports Betting

Tribal leaders have asked Wisconsin lawmakers to pass an Assembly bill legalizing mobile sports betting. The session ends next Friday, raising fears that the chamber will adjourn without voting on the issue, as they did in 2025.
Photo by forextime.com, CC BY 2.0
Michael SavioBy: Michael Savio

CFTC to Begin Fierce Defense of Sports Prediction Markets

CFTC Chair Michael Selig wrote an op-ed in the Wall Street Journal, promising a fierce defense of sports prediction markets here. He ripped states for standing in the way of the industry, which he believes benefits average Americans.
Heather GartlandBy: Heather Gartland

The DIA Orders 20Bet to Stop Targeting Kiwis with YouTube Gambling Ads

New Zealand’s DIA has issued a formal notice to 20Bet over NZ-targeted YouTube promotions, reinforcing the ban on offshore casino advertising.
Photo by Geoff Livingston, CC BY-SA 2.0, via Wikimedia Commons

Big Ten Athletes Join Effort to Reform Player Props

A Big Ten student-athlete group has issued a statement calling on NCAA President Charlie Baker to reform player prop betting rules. The letter cites the link to rising cases of athlete harassment, which Baker has been warning states about.
Photo by Negative Space, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Kalshi Delivers on High Expectations for Super Bowl LX

Kalshi recorded over $1 billion in trading volume for Super Bowl LX, up 2,700% from last year, driven by expanded markets and improved pricing. The prediction app was downloaded at more than double the rate of DraftKings and FanDuel.
Sports Betting Bill Passes Mississippi House to Start 2026
Michael SavioBy: Michael Savio

Sports Betting Bill Passes Mississippi House to Start 2026

The Mississippi House has passed HB 1581, which would expand the state’s retail sports betting market to include mobile wagering. It is the second consecutive term a bill has passed the House, but hurdles remain in the Senate.
Photo by Erik Drost, CC BY 2.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Guardians’ Emmanuel Clase Spot-Fixing Linked to 48 Games

New documents show federal prosecutors have linked Emmanuel Clase’s point-shaving scandal to 48 MLB games over two years. The large number of affected games is a troubling sign and will further challenge the integrity of the league.