The order being drafted in Brasília bans online casino games only, and sports wagering keeps its licenses. Gambling taxes and license fees brought the treasury almost 10 billion reais, about $1.95 billion, in 2025. Flamengo, Palmeiras, Corinthians and other Série A soccer clubs signed a manifesto defending a betting market worth an estimated $188 million … Read more
A DraftKings machine-learning model, built in 2023, ranks each customer by the loss the company expects once that customer receives a promotion. In 2025 the highest-scoring customers received about $400 million in bonus bets and other perks, according to the Times. A second model, meant to spot customers at risk of harm from their gambling, … Read more
The Tunica-Biloxi Tribe of Louisiana became what Kalshi calls the first tribal nation in prediction markets through a partnership announced Sept. 18. SaltTrade Derivatives will run on conditional no-action relief from CFTC staff rather than the compact covering the tribe’s own casino. The California Nations Indian Gaming Association rejected a similar CFTC pathway for tribes … Read more
The Rams remain the Super Bowl favorite at +575 despite a 27-7 loss to the 49ers, out from +450. San Francisco’s price fell from +2000 to +1400 after the win, the board’s biggest move of the week. Baltimore and Philadelphia shortened modestly after wins, while six other Sunday winners and losers saw no move at … Read more
Vermont sportsbooks took in $16.2 million in wagers during July, up 16% from June’s $14 million. Adjusted gross revenue fell to $1.52 million as the hold rate slipped to 9.36% from 11.96%. Out-of-state bettors nearly doubled their wagers to $6 million, or 37% of all handle. The state’s revenue share dropped to $480,141, a second … Read more
New Jersey filed its Kalshi Supreme Court petition Sept. 2, one day ahead of a twice-extended deadline. The Supreme Court docketed the case Sept. 8 as No. 26-299, with Kalshi’s response due Oct. 8. New Jersey warns that Kalshi’s legal theory would put state-licensed sportsbooks in violation of federal swaps law too. New Jersey counts … Read more
The White Sox lead the Guardians by two games in the AL Central, priced at -350 to Cleveland’s +265. Houston holds the same two-game edge over Texas in the AL West, priced -400 to the Rangers’ +390. Cleveland also holds the last AL wild-card spot, a game up on Toronto and 1.5 up on Texas. … Read more
New Drafts entries stop in Massachusetts, Maryland, Michigan, Mississippi, New Jersey, Pennsylvania and Ohio once Wednesday’s NFL opener begins. The seven states told Underdog it could not run prediction markets and hold fantasy licenses at the same time. Drafts already entered in those states will continue and pay out normally, but no new entries will … Read more
New Jersey online casinos won $276.9 million in July, $27.3 million behind the nine Atlantic City casino floors. The same July gap ran $36.8 million a year earlier, when the floors won $284.1 million. Internet gaming win leads casino win $1.87 billion to $1.72 billion through seven months of 2026. Total gaming revenue rose 11.9% … Read more
West Virginia online sports betting revenue fell 15 percent to $2.5 million over the four reporting weeks through Aug. 22. iGaming produced $28.8 million on $706.6 million in wagers during the fiscal year’s opening four weeks through July 25. Each of the four August iGaming weeks topped every full July week, peaking at $9.6 million … Read more