Sports Betting Industry News & Market Updates

Allegiant Stadium, Home Stadium of the Las Vegas Raiders
Lucas DunnBy: Lucas Dunn

Las Vegas Raiders Part Ways with Veteran Coach Pete Carroll After One Season

Raiders fire NFL’s oldest coach Pete Carroll (74) after the league’s worst season of 3-14, forcing another coach search for the third year in a row.
Photo by Tim Evanson, CC BY-SA 2.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

The US Needs to Establish Where a Mobile Wager Takes Place

Lawsuits over sports betting and prediction markets are putting pressure on US courts to finally determine where mobile betting occurs. The Supreme Court rejected a case involving the issues years ago, but new lawsuits could soon force a ruling.
Heather GartlandBy: Heather Gartland

SkyCity Signs Nationwide Partnership with all 5 NZ Super Rugby Teams

SkyCity has confirmed a multi-year partnership with all five New Zealand Super Rugby clubs, strengthening its nationwide presence in professional rugby.
PA Uploader, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

SBA Drops Lawsuit Against Chicago, But Will Continue Fight

The Sports Betting Alliance announced that it will drop its motion for a restraining order, which it hoped would delay new licensing requirements in Chicago. The group thanked the city for addressing the license issues, but promised to continue fighting the changes.
Photo by Dissident93, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Why Betting on Super Bowl LX Will Look Radically Different

Super Bowl LX is right around the corner, but bettors will find a far different experience when wagering on the NFL’s biggest game than in years past. We are covering three of the most significant changes ahead of February.
Photo by United States Senate, Public domain, via Wikimedia Commons
Michael SavioBy: Michael Savio

CFTC Gets New Chairman After Selig Nomination Confirmed

Michael Selig’s nomination to take over as the CFTC Chairman has been confirmed. He will assume leadership of the regulator, but has been clear that he doesn’t intend to take action on the battle over prediction markets.
Photo by GPA Photo Archive / Conal Gallagher, CC BY 2.0 via Wikimedia Commons
Michael SavioBy: Michael Savio

Chicago Budget Adds City-Specific Tax, License for Sportsbooks

The city of Chicago has approved a controversial 2026 budget that will impose a 10.25% tax and city-specific licensing requirements on online sportsbooks. The SBA has filed a motion for a restraining order to stop the changes from taking effect.
Photo by Christian Mehlführer, User:Chmehl, CC BY 2.5
Michael SavioBy: Michael Savio

Arizona Regulator Revokes Underdog’s Fantasy Sports License

The Arizona Department of Gaming has sent a notice to Underdog, stating that its DFS license was being pulled due to its sports prediction market platform. The regulator had warned it would consider doing so, but Underdog is expected to appeal the decision.
Ivan Radic, CC BY 2.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Underdog to Close Sportsbook As Focus Shifts to Predictions

Underdog has announced that it will close its online sportsbook in North Carolina, its only US market. The move was made as the company looks to shift its focus to its new sports prediction markets and DFS platform.
Photo by jglazer75, CC BY 2.0
Michael SavioBy: Michael Savio

Connecticut Agrees to Delay Kalshi C&D Amid Legal Battle

The Connecticut Department of Consumer Protection has agreed to delay a cease-and-desist letter sent to Kalshi as the two sides settle a lawsuit. As part of the agreement, key trial dates were set to ensure the legal battle would be resolved soon.