Gambling Insider

New York's gambling regulator wants a Manhattan court to make Kalshi hand over records on its sports contracts, under-21 users and advertising, saying it needs them to decide on civil penalties. It is a second state route to a penalty alongside the attorney general's $36 billion suit, and it seeks documents, not a halt to trading.

Three Democrats who have spent since August questioning FanDuel's VIP programme have now asked DraftKings, BetMGM, Caesars, Fanatics, Kalshi and Polymarket to say how much their top customers lost before and after they were enrolled. The letters are requests, not findings, and the companies have until 5 November to answer.

Brightstar Lottery has renewed the technology contract behind the lottery of Spain's national organisation of the blind, a relationship that dates back to 2002. The release calls it multi-year and stops there: no end date, no value, and a scope limited to software and the central system.

The former FanDuel shareholders suing KKR, Shamrock and FanDuel's old board over the 2018 Paddy Power Betfair merger have won a route into legal advice the defendants withheld as privileged. The order decides nothing about the merits, but it reaches the documents most likely to show how a $465.5 million valuation was set.

A magistrate judge has recommended that Kentucky's gambling suit against Polymarket go back to the state court where it was filed, leaning on the Sixth Circuit's September ruling against Kalshi, and the same is reported in the Kalshi case. If the district judges agree, a Kentucky judge will hear the state's claims for injunctions, penalties and treble damages.

The public spending watchdog will test whether the licence Allwyn won was designed, awarded and overseen to maximise returns to good causes, and report in spring 2027. The latest quarter's payments to good causes were 22.2% below a year earlier.

BetMGM's third quarter was its joint-best for adjusted EBITDA on the figures it has published since 2025, against a weak comparison a year earlier. It still expects 2026 to land at the bottom of guidance that has already been cut once, which needs a fourth quarter bigger than any it has reported.

Maine's gambling regulator now says the first quarter of 2027 is the more practical target for online casino, and the state has told a federal court its rules cannot take effect before 25 November. Between now and launch sit a legality review, six hires, a licensing portal still to be launched and a constitutional challenge still waiting for a ruling.

The Commodity Futures Trading Commission has asked the White House to clear a rule defining event contracts as swaps, the classification on which its claim to exclusive jurisdiction rests, and a second that would exclude "casino-style gambling products" with immediate effect. Neither text is public, and both arrive days after a second federal appeals court rejected the swaps argument.

The Federación Mexicana de Fútbol has filed a trademark suit against Kalshi in federal court in Manhattan, after two months of cease-and-desist letters that the exchange answered by invoking nominative fair use. The case opens an intellectual property front that Kalshi's many fights with state regulators have not touched.

Eilers & Krejcik's first combined forecast credits sportsbooks with $31.7 billion and the exchanges with an $8.4 billion "handle analog", a translation of exchange volume into sportsbook terms that it has not published. The AGA sees sportsbooks flat at $29.5 billion; Week 1 data suggests the exchange share may be larger.

The geolocation supplier's count of sportsbook activity on 13 September ran ahead of Super Bowl LX, and new accounts more than quadrupled, in the same week that prediction-market apps out-downloaded every sportsbook. The two datasets are measuring different things, and the gap between them is the story of this season.

The affiliate that made it said the man was not real, so he had no age. The ASA said his "casual and youthful presentation" was the point. On the same day it cleared White Hat Gaming's casino ads on an esports site because nothing showed its audience was more than 25% children.

For eight months the league's policy rested on one anonymously sourced report. Now its communications director has spelled it out: no prediction market advertising in games, stadiums, club deals or player endorsements, and sportsbook partners may only advertise an approved product, not the company.

The federal regulator moved for a preliminary injunction on 11 September, with Robinhood pressing to join the case and Crypto.com taking the Nevada question to the Supreme Court. Connecticut's responses are due on 2 October.

HB 5811 would strike the exchange wager tax Illinois enacted in its budget less than three months ago, along with the definition that brought prediction markets inside the Sports Wagering Act. The tax is already being challenged in court by Kalshi and the Commodity Futures Trading Commission, and the bill would not end that fight.