The world’s largest online betting company completes its pivot to Wall Street on Aug. 3, leaving the New York Stock Exchange as the only home for its shares. For FanDuel bettors, nothing changes. NEW YORK – The company behind FanDuel is about to become, in the eyes of the stock market, an American one. Flutter … Read more
BetMGM pushed its $500 million adjusted EBITDA target beyond 2027, citing prediction market regulatory complexity. Online sports net revenue was flat at $228 million while iGaming revenue rose 8% to $483 million. Second-quarter adjusted EBITDA fell 15% to $74 million even as net revenue rose 3% to $711 million. Average monthly active players fell 3% … Read more
PHOENIX – The betting that prompted the NFL to suspend Arizona Cardinals college scouting director Ryan Gold indefinitely now faces a second set of eyes. Arizona’s Department of Gaming said Tuesday that it has opened a review of its own, one with reach into the licensed sportsbooks the league has no power over. A Second … Read more
A King County judge granted Washington a preliminary injunction against the prediction market, rejecting the federal-preemption defense Kalshi has leaned on nationwide. Kalshi says it will appeal. SEATTLE – A prediction market that lets people wager on sports, elections and the number of measles cases in a year has been found, at least for now, … Read more
Arsenal open shortest at +165, but the American cost is 10 months of locked capital and an 11-point house margin. LONDON – A Premier League title ticket bought today sits unsettled for 312 days, and Arsenal at +165 is the shortest price on the 2026/27 board at Bovada as of 10 a.m. ET Tuesday. Arsenal … Read more
A bipartisan measure would force betting and prediction-market apps to scan a user’s face before a wager, all in the name of shutting kids out. Few argue with the aim, yet the specifics, and the label on the bill, are murkier than they first appear. Legislation now in Congress would slip a camera between you … Read more
Federal regulators are examining whether the president’s teleprompter operator used advance knowledge of speech drafts to win on a Kalshi market, the clearest example yet of the insider problem that has trailed prediction markets all year. It is the scenario prediction-market skeptics have warned about for a year, and it just landed inside the White … Read more
Pennsylvania collected $7,005,987,435 in gaming revenue in fiscal 2025/26, a 9.56% increase and its first year above $7 billion. Internet casino gaming grew 18.42% to $2.93 billion and now returns more tax to the state than retail slot machines. Sports wagering revenue jumped 35.95% to $662.9 million even though the amount wagered fell 3.14%. Retail … Read more
The rollout pushes walk-up sports betting into corner stores as most wagering shifts to phones. Self-service betting kiosks now sit at every one of Delaware’s 89 Sports Lottery retailers and its three casinos. The Delaware Lottery finished the statewide installation on June 26 and announced it in mid-July. Scientific Games built the kiosks and Caesars … Read more
How a state taxes its sportsbooks decided whether record June betting filled its tax coffers or left them short.