Sports Betting Industry News & Market Updates

By: Heather GartlandWinter 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.

By: Michael SavioSouth 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.

By: Heather GartlandTabcorp 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.

By: Michael SavioWisconsin 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.

By: Michael SavioCFTC 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.

By: Heather GartlandThe 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.

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.

By: Michael SavioKalshi 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.

By: Michael SavioSports 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.

By: Michael SavioGuardians’ 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.