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Daily reporting on regulation, launches, and market moves across prediction markets, crypto, sweepstakes, and DFS — curated, never reposted.
Deutsche Bank Lifts DraftKings Target to $28
Deutsche Bank raised its DraftKings price target to $28 after factoring prediction markets into its model. The move signals institutional validation of the emerging vertical.
2 min read
Betting7h agoNevada Sportsbooks Confront Prediction Markets Head-On
Nevada sportsbook execs this week urged regulators to act against prediction markets like Kalshi, citing unfair competitive advantages from lighter federal oversight.
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Betting19h agoArizona Gov. Hobbs Bans Prediction Market Insider Trading
Arizona Gov. Katie Hobbs signed an order banning executive branch staff from insider trading on prediction markets. The move adds state-level market-integrity rules as federal policy lags.
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Betting23h agoNCLGS 2026: States Eye Crackdown on Prediction Markets
State lawmakers at NCLGS 2026 debated strategies to restrict sports prediction markets. Legislative action could reshape the competitive landscape for regulated sportsbooks.
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Betting1d agoSoft2Bet Hires Up, NCPG Searches, Underdog Loses VP
Betting1d agoBurry Bets on Flutter and DraftKings Amid Prediction Market Slump
BreakingBetting2d agoNC Governor Signs Budget Raising Sports Betting Tax
BreakingBetting3d agoFlutter Cuts PokerStars Staff After FanDuel Shift
Betting4d agoJordan, Robins & Koerl to Open SBC Summit 2026
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Betting6d agoDraftKings Launches DKeX Prediction Markets Exchange
DraftKings went live with DKeX, its own prediction markets exchange, in late June 2026. The move puts it in direct competition with Kalshi and Polymarket.
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BettingJul 3Kalshi, Polymarket Face Multi-State Legal Siege
Kalshi sued Ohio to block a $5M fine while Polymarket filed against New Mexico. Multi-state legal pressure tests the federal preemption argument.
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BettingJul 2Betr Promotes Execs, Aristocrat Lands New COO
Betr completed internal promotions and Aristocrat hired a new COO as of July 2026. Both moves signal strategic consolidation in North American gaming.
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BettingJul 2PrizePicks Signs Brand Deal With Atlanta Hawks
PrizePicks sealed a brand integration deal with the Atlanta Hawks, covering broadcasts, digital platforms, and State Farm Arena ad rights.
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BettingJul 1Prediction Markets Coalition Sues Kentucky Over New Tax
The Coalition for Fair Markets sued Kentucky in June 2026 over a new tax on prediction markets. The case could set precedent for state-level regulation nationwide.
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BettingJul 1New Jersey Moves to Regulate Prediction Markets
New Jersey introduced a bill this week to regulate prediction markets and authorize licensed athletic event contracts. It joins a growing list of states seeking regulatory clarity in the sector.
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BettingJul 1BetRivers Parent Pushes Forward on Prediction Markets
Rush Street Interactive moved further along its CFTC application for prediction markets. A successful filing could pit BetRivers against Kalshi and Polymarket.
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BettingJul 1Everton Drops Stake From Shirt, Signs CMC Markets
Everton replaces Stake with CMC Markets on its front-of-shirt for 2026/27, as the Premier League betting ban takes effect. Stake moves to sleeve.
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BettingJul 1FanDuel Expands Prediction Markets With Crypto.com
FanDuel has teamed with Crypto.com's OG Prediction Markets to broaden its event contract offering. The deal adds sports, entertainment, and combination contracts to FanDuel Predicts.
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BettingJul 1DraftKings, Kalshi, CFTC: Prediction Markets Week
The CFTC sued Kentucky, Kalshi sued Illinois, the MLBPA demanded prop-contract bans, and DraftKings launched its own exchange — all this week.
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BettingJul 1Maryland Elections Chief Eyes Action on Prediction Markets
Maryland's elections director questioned whether to pursue Kalshi and Polymarket, adding elections law to the growing list of regulatory threats facing prediction markets.
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BettingJun 23PrizePicks Embeds RG Across All Departments
PrizePicks RG director Phil Sherwood outlined a company-wide approach to responsible gaming at SBC Summit Americas in Fort Lauderdale this week.
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BettingJun 22DraftKings Could Hit $1B From Prediction Markets by 2030
Citizens analysts project DraftKings could top $1B in prediction market revenue by 2030. CEO Jason Robins calls early performance meaningful.
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BettingJun 22Sweepstakes Takes Centre Stage at SBC Summit Americas
Sweepstakes models overshadowed prediction markets at SBC Summit Americas 2026. Around 10,000 attendees signalled a clear industry pivot away from stalled licensing routes.
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BettingJun 22BetConstruct AI Partners With FIFA-Backed ADI Predictstreet
BetConstruct AI has integrated ADI Predictstreet, FIFA's official prediction market partner, into its platform as of June 2026.
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BettingJun 21SBC Summit Americas 2026: Prediction Markets Take Center Stage
SBC Summit Americas 2026 ran June 9–11 in Broward County, with prediction markets and new networking formats drawing strong attendee praise.
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BettingJun 19Illinois Taxes Prediction Markets; Kalshi Heads to Canada
Illinois approved a prediction markets tax this week as Kalshi moves into Canada. Legal battles involving state AGs and tribal groups are escalating fast.
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BettingJun 19Betr Backs Socceroos Surge Into USA World Cup Clash
Betr targets peak betting volume as Australia faces the USA tonight after shocking Turkey. The 2026 World Cup is a live revenue test for the digital sportsbook.
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BreakingBettingJun 19Entain Eyes Exit From Central and Eastern Europe
Entain is reportedly considering selling its CEE joint-venture stake to EMMA Capital. A deal would mark a major geographic retreat for the Ladbrokes Coral owner.
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BreakingBettingJun 19Kentucky AG Sues Kalshi, Polymarket, and VGW
Kentucky's AG sued Kalshi, Polymarket, and VGW this week, seeking permanent injunctions over alleged illegal gambling in the state.
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BettingJun 18New Jersey Moves to Tax and Regulate Prediction Markets
NJ senators introduced SB 4447 on June 11 to regulate prediction markets and tax platforms offering sports contracts. The bill challenges operators' federal-only licensing strategy.
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BreakingBettingJun 17States and Tribes Fight Back Against CFTC Prediction Rules
State AGs and tribal groups filed amicus briefs this week opposing the CFTC's permissive sports prediction market rulebook. Legal and timeline risk for operators rises sharply.
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BreakingBettingJun 17Novig Wins CFTC Approval as Designated Contract Market
Novig received CFTC designation as a designated contract market in June 2026, allowing it to sell event contracts to U.S. consumers under federal oversight.
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BettingJun 15Titus Blasts CFTC Over Sports Prediction Market Rule
Rep. Titus accused the CFTC of 'blatant corruption' this week after it approved sports event contracts on prediction market platforms.
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BettingJun 15FanDuel Cuts Hundreds in Third Layoff Round This Year
FanDuel laid off hundreds this week in its third workforce reduction in under a year, signalling a strategic pivot toward prediction markets.
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BettingJun 15DraftKings Jumps 16% on Prediction Market Volume Data
DraftKings closed at $28.79, up 16.2% from Monday, after reporting prediction market volume growth. CEO Jason Robins' comments amplified investor confidence.
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BreakingBettingJun 12CFTC Sues New Mexico in Kalshi Prediction Market Fight
The CFTC sued New Mexico on June 12, 2026, challenging the state's court action against Kalshi over sports prediction market contracts.
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BreakingBettingJun 12CFTC Rules Draw AGA Fire as ProphetX Wins Approval
The CFTC released proposed prediction market rules this week, drawing AGA and IGA criticism. ProphetX gained approval as Kalshi and FanDuel Predicts closed major partnerships.
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- BettingJun 11
SBC Summit Americas Day 2: Prediction Markets Front
SBC Summit Americas 2026 Day 2 puts prediction markets and the First Pitch competition at the centre of industry debate on June 11.
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BettingJun 11BETBY Upgrades eTennis With Wimbledon Package
BETBY has updated its eTennis product with a full Wimbledon betting package. Prediction markets and specials launch ahead of the June 29 tournament start.
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BettingJun 11Entain Pushes UKIPO to Block Unlicensed Gambling Trademarks
Entain has formally asked the UKIPO to intervene against unlicensed operators registering gambling trademarks. A ruling could set cross-agency precedent.
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BettingJun 11ADI Predictstreet Goes Live on Matchbook for World Cup
ADI's Predictstreet launched on UK betting exchange Matchbook in June 2026, using World Cup traffic to seed liquidity in the prediction market product.
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BreakingBettingJun 10CFTC Drops 267-Page Prediction Market Rules
The CFTC published its 267-page proposed prediction market rules on June 10, 2026. Sports and gaming contracts face potential federal licensing requirements or prohibition.
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BettingJun 9FanDuel Adds Crypto.com Contracts to Predicts Platform
FanDuel expanded FanDuel Predicts by adding Crypto.com event contracts, deepening its prediction markets push beyond the original CME Group joint venture.
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BettingJun 9Wazdan Brings Slots to FanDuel Casino in Pennsylvania
Wazdan expanded its FanDuel Casino partnership into Pennsylvania in June 2026, launching 12 Bells and Hot Slot: 777 Crown as its opening titles.
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BettingJun 9Illinois Budget Hits Fantasy Sports and Prediction Markets
Illinois lawmakers passed a $56B budget taxing fantasy sports and prediction markets from July 1, 2026. Operators have under a month to adapt.
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BreakingBettingJun 9ADI Predictstreet Launches in US With Fanatics for World Cup
ADI Predictstreet launched in 23 U.S. states via Fanatics Markets ahead of the 2026 FIFA World Cup. It's the platform's first market outside Gibraltar.
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BettingJun 9Congress Targets CFTC's Prediction Market Power Grab
Democrats called for a federal probe into the CFTC's bid to oversee prediction markets. Republicans met separately with industry players the same week.
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BettingJun 9DraftKings, FanDuel Lead U.S. App Rankings in H1 2026
DraftKings ranks first in Eilers & Krejcik Gaming's H1 2026 U.S. sports betting app report, with FanDuel in second place.
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BettingJun 8BetRivers Parent Files for Prediction Markets Entry
Rush Street Interactive has applied to offer federally regulated prediction markets, marking another major sportsbook operator entering this contested space.
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BettingJun 8DraftKings Files Own Sports Contracts on Railbird Exchange
DraftKings' Railbird Exchange filed to list six proprietary sports contracts in June 2026, signaling a full-stack prediction market strategy.
2 min read