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News
DraftKings Could Generate $57M in NFL Prediction Market Exchange Fees
1+ day, 19+ hour ago (537+ words) Just two of NFL Week 1 games are in the books, but it’s already clear the most wagered-on sport in the U.S. is likely to drive a tidal wave of prediction market activity this season. In a report out late Friday,…...
Brendan Sorsby Opens Up About Gambling Addiction in New Doc
2+ day, 23+ hour ago (767+ words) Mark Keast Mark is a long-time, seasoned journalist, as a writer and editor, working for several Toronto daily newspapers, then moving over to the digital arena, covering both sports and business. Over the past few years he moved over to…...
Illinois Gamblers Who Formerly Self-Excluded Can't Be Targeted
3+ day, 49+ min ago (393+ words) Gamblers in Illinois who previously used the state’s Self-Exclusion Program (SEP) would remain free from marketing materials from gaming operators for a period after their exclusion ends under a proposed initiative. The Illinois Gaming Board (IGB) has recommended several enhancements…...
Underdog Escalates Prediction Markets Fight With Five-State Legal Offensive
3+ day, 5+ hour ago (601+ words) Just days after abandoning its daily fantasy sports (DFS) licenses in seven states, Underdog has launched legal action against five, seeking a permanent injunction against the enforcement of state gaming laws against its prediction markets. On Tuesday (September 8), the operator…...
Prediction Market Cannibalization of Sports Betting Not Worsening
4+ day, 2+ hour ago (434+ words) With sports event contracts accounting for a significant percentage of volume on prediction markets, yes/no exchanges are viewed as competitive threats to online sportsbook operators. The 12-month price declines for stocks such as DraftKings (NASDAQ: DKNG) and Flutter Entertainment…...
VEGAS BETTING REPORT: Patriots, 49ers Action, Raiders Liability
4+ day, 3+ hour ago (789+ words) Mark Keast Mark is a long-time, seasoned journalist, as a writer and editor, working for several Toronto daily newspapers, then moving over to the digital arena, covering both sports and business. Over the past few years he moved over to…...
Maryland Casino Revenue Down for Fourth Consecutive Month
4+ day, 5+ hour ago (487+ words) Maryland casino revenue took a hit for a fourth consecutive month, with August win 6% lower than a year ago. The Maryland Lottery and Gaming Control Agency reports that the six casinos in Maryland generated August 2026 gross gaming revenue (GGR) of…...
BofA: Bettors Taking Out 75 Cents for Each $1 They Put In
4+ day, 18+ hour ago (527+ words) Fresh research from Bank of America confirms just how hard it is to break even while betting on sports, let alone relying on that activity for income. Acknowledging that it can only see the money its customers deposit to and…...
B.C. Regulator Rejects Sports Prediction Markets
4+ day, 23+ hour ago (381+ words) Mark Keast Mark is a long-time, seasoned journalist, as a writer and editor, working for several Toronto daily newspapers, then moving over to the digital arena, covering both sports and business. Over the past few years he moved over to…...
Optimove NFL Betting Report Finds 84% of Bettors Wager Live
5+ day, 21+ hour ago (535+ words) Mark Keast Mark is a long-time, seasoned journalist, as a writer and editor, working for several Toronto daily newspapers, then moving over to the digital arena, covering both sports and business. Over the past few years he moved over to…...