Sports Betting Industry News & Market Updates

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.

By: Michael SavioAlabama Considering Bill to Put Sports Betting on the Ballot
The Alabama Senate is considering a bill that would allow voters to decide whether to expand gambling in the state, including a sports betting market. The House has passed several sports betting bills in the past, but the Senate has rejected each.

By: Heather GartlandMilano Cortina 2026: New Zealand Athletes and Betting Markets to Know
New Zealand’s 17-athlete Milano Cortina 2026 team leans heavily into freeski and snowboarding. Here are the events, market types and timing angles NZ bettors track.

By: Michael SavioBill to Legalize Online Sports Betting Introduced in Hawaii
The Hawaii Senate is considering a bill to legalize online sports betting. It proposes a market with at least six operators. The 15% annual tax rate and $500,000 licensing fee are intended to secure additional support in the House.