News
Latest from the desk
Daily reporting on regulation, launches, and market moves across prediction markets, crypto, sweepstakes, and DFS — curated, never reposted.
Tribes Back Kalshi as FanDuel Retreats from CME Contracts
Tribal gaming operators have partnered with Kalshi while FanDuel pulls back from CME-based event contracts, reshaping the U.S. prediction market landscape.
2 min read
Betting8h agoPrediction Markets Exit Three States Amid Regulator Push
Prediction markets are pulling back from three U.S. states under regulatory pressure. Coinbase agreed this week to stop new sports event contracts in Michigan.
2 min read
BreakingBetting16h agoSeminole Tribe Sues DraftKings Over Florida Betting
The Seminole Tribe sued DraftKings and CEO Jason Robins on Oct. 8, 2026, alleging illegal sports betting in Florida. The case could reshape tribal compact enforcement.
2 min read
Betting20h agoUnderdog Tells IG Group What $1.3B Actually Buys
Underdog CEO Jeremy Levine told IG Group shareholders the $1.3B deal buys a federally regulated prediction markets operator, not a sports app.
2 min read
More headlines
5 more
BreakingBetting1d agoBrazil Court Gives Stake Until Oct 25 to Operate
BreakingBetting1d agoCoinbase Pulls Sports Markets in Michigan After MGCB Deal
Betting2d agoPrizePicks Exits Missouri; Kalshi Fights Back in Media
Betting2d agoG2E 2026: Casino Giants Fire at Prediction Markets
Betting3d agoFanDuel Tells Congress Athlete VIP Videos Are Routine
WeeBet Weekly
The week's biggest market move, in 4 minutes.
Every Friday: the top Polymarket/Kalshi price shift, one regulatory story that actually matters, and one chart. No fluff, no promo. Free.
Free. Unsubscribe in one click. We'll never sell your email.
Earlier this month
41 more
BreakingBetting4d agoOhio Sends 10 Cease-and-Desist Orders to Prediction Markets
Ohio's Casino Control Commission ordered 10 prediction market operators to stop sports contracts in the state. Compliance deadline is October 16.
1 min read
Betting6d agoCFTC Sends Event Contract Rules to White House
The CFTC proposed expanded event contract rules to the White House this week, threatening to bring sports prediction markets under full derivatives oversight.
2 min read
BettingOct 1Michigan Reviews DraftKings AI and VIP Targeting Reports
Michigan regulators are reviewing DraftKings' AI and VIP practices after NYT and ProPublica investigations. Enforcement details remain pending.
2 min read
BettingOct 1Florida AG Targets Google and Meta Over Sweepstakes Ads
Florida AG James Uthmeier sent cease-and-desist letters to Google, Meta, Reddit, Snap, and TikTok over sweepstakes casino ads. Platforms face pressure to comply or risk litigation.
2 min read
BettingOct 1MGM and Caesars Pass on Prediction Markets
MGM and Caesars have ruled out prediction markets, citing casino license risk. DraftKings and FanDuel now hold clearer first-mover advantage.
1 min read
BettingSep 30Polymarket Sued by New York as Kalshi Lobbies on Tax
New York and Polymarket filed lawsuits against each other this week while Kalshi lobbied Congress on prediction market tax treatment.
2 min read
BettingSep 30DraftKings CEO Defends Responsible Gaming at SBC Summit
DraftKings CEO Jason Robins defended responsible gaming practices at SBC Summit after critical coverage from the NYT and ProPublica. The pushback came from a high-profile panel in Lisbon.
2 min read
BettingSep 29Sportradar & DraftKings Chase Every Fan Touchpoint
Sportradar and DraftKings are aligning on a strategy to commercialise every sports audience touchpoint. The push signals hyper-personalised, data-driven wagering products ahead.
2 min read
BettingSep 29NCPG Labels Prediction Markets 'Functionally Gambling'
NCPG declared prediction markets 'functionally gambling' in September 2026, escalating regulatory risk for platforms like Kalshi and Polymarket.
2 min read
BettingSep 29Florida AG Targets Big Tech Over Sweepstakes Casino Ads
Florida's AG escalated his sweepstakes crackdown this week, demanding five major tech platforms stop serving sweepstakes casino ads to Floridians.
2 min read
BreakingBettingSep 28NCPG Executive Director Quits Over Kalshi Deal Fallout
Heather Maurer has resigned as NCPG executive director amid fallout from the group's deal with prediction market operator Kalshi. The departure raises questions about the watchdog's independence.
1 min read
BettingSep 28CFTC, New York, Kalshi: Prediction Markets Under Fire
The CFTC issued a mention-market advisory as New York pursued Polymarket and Kalshi denied wash trading. Three simultaneous crises define the sector's regulatory moment.
2 min read
BettingSep 25CFTC Warns Kalshi and Polymarket on Mention Markets
The CFTC warned Kalshi, Polymarket and peers this week over insider trading on mention markets. No fines were issued, but enforcement pressure is building.
2 min read
BettingSep 25Lawmakers Target Prediction Markets in Gambling Reform Push
Senators and House members joined PHAI to push federal gambling reform covering prediction markets. Operators face potential licensing and ad restrictions.
2 min read
BettingSep 24OpenBet, SciPlay Name New CEOs in Executive Shake-Up
OpenBet promoted its president to CEO, replacing Jordan Levin, as SciPlay also named new leadership in September 2026.
2 min read
BreakingBettingSep 24Senator Demands Probe of Trump Jr. Prediction Market Ties
Sen. John Curtis asked the Senate Judiciary Committee to probe Trump Jr.'s ties to Kalshi and Polymarket. The move threatens fresh regulatory pressure on U.S. prediction markets.
2 min read
BettingSep 23Texas Lawmakers Press Kalshi and AGA on Prediction Markets
Texas held contentious interim hearings on prediction markets this week, pitting Kalshi against the AGA ahead of the 2027 legislative session.
2 min read
BettingSep 23Genius Sports Launches Prediction.com Aggregator
Genius Sports launched Prediction.com this week, aggregating Kalshi and Polymarket in its first direct consumer prediction market product.
2 min read
BettingSep 22DraftKings CEO: We Win With or Without Prediction Markets
DraftKings CEO Jason Robins says the company profits whether prediction markets survive or are curtailed. The stance signals a deliberate dual-track regulatory hedge.
2 min read
BettingSep 22SBC Summit 2026 Super Stage Confirmed Lineup
SBC Summit 2026's Super Stage brings Jordan, Robins, Koerl, Romano and Oliveira to Lisbon. The event signals iGaming's deepening ties with elite sport and media.
2 min read
BettingSep 19Texas Hearing Pits AGA Against Kalshi on Prediction Markets
Texas held a heated legislative hearing on prediction markets this week, with the AGA pushing for lawsuits and Kalshi citing offshore risk.
2 min read
BreakingBettingSep 18Missouri AG Targets Six Prediction Markets
Missouri AG Hanaway ordered six prediction market operators to stop sports event contracts. She expects the enforcement action to end in litigation.
2 min read
BettingSep 18UK Exchanges Shrink as US Prediction Markets Surge
UK betting exchanges hit £92.66m GGY in 2025/26 — nearly half 2016/17 levels. US prediction markets are moving in the opposite direction.
2 min read
BreakingBettingSep 17Underdog Sues Connecticut Over Prediction Market Crackdown
Underdog filed a federal lawsuit Sept. 16 to block Connecticut officials from enforcing actions against its prediction markets platform.
1 min read
BettingSep 17FanDuel Racing Head Out, GeoComply and IGT Add Execs
FanDuel's racing chief has left Flutter this week as GeoComply, IGT, and Sportradar log their own leadership changes. The moves signal broad strategic reordering across U.S. iGaming.
2 min read
BettingSep 15NJ Committee Moves to Ban Ads Targeting Problem Gamblers
NJ's Assembly committee unanimously approved AR 150 on Sept 15, 2026, urging a ban on gambling ads targeting at-risk bettors. The move follows a FanDuel incident involving Bryce Harper.
2 min read
BettingSep 15Genius Sports CEO: Revenue Safe Amid Prediction Market Shift
Genius Sports CEO Mark Locke says the company will collect revenue regardless of how regulators classify prediction markets. He argues gambling and prediction platforms serve separate demand pools.
2 min read
BettingSep 15NFL Sets Regulatory Bar for Prediction Market Deals
The NFL is demanding stronger regulatory standards from prediction market operators before signing deals. Commissioner Goodell says the league will stay patient.
2 min read
BettingSep 14Underdog CEO: Handle Surging via Prediction Markets
Underdog's handle is rising fast as prediction markets let it reach bettors in states without legal sportsbooks. The CEO confirmed growth as of September 2026.
2 min read
BreakingBettingSep 14Stake Geo-Blocks Ireland After GRAI Consultation
Stake has blocked Irish users following talks with the GRAI. The move signals active enforcement of Ireland's new gambling licensing regime.
1 min read
BreakingBettingSep 10VGW Pays $8M to Settle NY Illegal Gambling Charges
VGW agreed to pay $8 million to settle New York AG allegations of illegal gambling. The deal covers Chumba Casino, Global Poker, and Luckyland Slots.
2 min read
BettingSep 10Polymarket Lands First CFO as Bally's Loses Theirs
Polymarket hired its first CFO in September 2026, signaling institutional ambition. Bally's lost its finance chief amid ongoing restructuring.
2 min read
BreakingBettingSep 10Stake Banned Across Nigeria for Operating Unlicensed
Nigeria's LSLGA has banned Stake across all 24 FSGRN states effective September 2026. The crypto-native operator lacked the required local licences.
2 min read
BreakingBettingSep 9Underdog Sues Five States in Prediction Markets Push
Underdog filed federal suits against five states and dropped DFS licenses in seven others, betting its future on prediction markets.
2 min read
BettingSep 8Congress Calls FanDuel VIP Answers Misleading
Senators and representatives say FanDuel gave misleading answers on VIP promos. The follow-up letter dated Sept. 3 raises stakes for all major sportsbooks.
2 min read
BettingSep 7Underdog Drops Fantasy in 7 States to Chase Predictions
Underdog exits fantasy sports in seven US states, pivoting to prediction markets ahead of its FTSE 100 IG Group acquisition.
1 min read
BreakingBettingSep 5Ninth Circuit Rules Kalshi Sports Bets, Eyes Supreme Court
The Ninth Circuit ruled Kalshi's sports contracts are bets, not swaps. A Supreme Court appeal now looks inevitable, per Legal Sports Report.
2 min read
BreakingBettingSep 5NFL Pushes Kalshi and Polymarket to Drop NFL Bets
The NFL sent a formal letter this week to Kalshi and Polymarket demanding removal of NFL bet types. MLB and the NHL have instead signed leaguewide prediction market partnerships.
2 min read
BettingSep 3Canadian Regulators: Sports Event Contracts Not Securities
Canada's CSA and CIRO ruled sports event contracts are not securities, removing capital-markets compliance burdens for prediction-market platforms.
2 min read
BettingSep 3DraftKings, FanDuel, Fanatics Lock In NFL Deals
DraftKings, FanDuel, and newcomer Fanatics signed multi-year NFL betting deals this week. The trio secures exclusive marketing and data rights for the 2026 season.
1 min read
BettingSep 2SBC Launches Forum to Settle Prediction Market Debate
SBC Americas launches a Global Prediction Markets Forum to tackle the classification debate head-on. The answer shapes licensing, capital, and compliance for every operator in the space.
2 min read