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Sports Betting

Sports Betting news

Operators, platforms, and the global sportsbook market.

California's Digital Frontier Under Fire: Sweeping Bill Aims To Outlaw Online Sweepstakes Casinos
Sports Betting

California's Tribes Asked Sportsbooks for Terms on a 2028 Ballot Initiative

A confidential CNIGA request for information dated 3 June, obtained by InGame, sets out seven principles for a tribally owned online sports betting market, three market structures with a single tribal consortium on top, a 10% to 25% state share, and a "protect against iGaming" clause. Selected respondents are being met now.

American football player gridiron
Sports Betting

EKG Puts NFL Wagering at $40bn This Season With Prediction Markets Taking 21%

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.

Draftkings reshapes teams as automation expands and prediction markets scale up
Sports Betting

NYT: DraftKings Scored Customers by Expected Losses and Shelved a Harm Model

A 2023 model ranked online casino players by how much they would lose per promotion and steered bonuses towards the top scorers, according to the New York Times. A parallel model to flag customers sliding towards harm was shut down in early 2025. DraftKings says predictive risk scoring was not evidence-based.

Virginia Sports Betting Handle and Revenue See Significant Increases in March 2025
Sports Betting

GeoComply Logged 99.8m Checks on the First NFL Sunday as Sign-Ups Rose 310%

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.

New york manhattan skyline one wtc
Sports Betting

New York's NFL Opener: Record $595m Handle, 2.85% Hold, Revenue Down 44.5%

The Giants, Jets and Bills all won and covered, the opening week tied the NFL's highest-scoring on record, and the state's eight mobile books kept $17.0m of $594.6m. Fanatics held 1.1%. Handle was up 12.7% on last year's opener in the same week prediction markets traded more than $3bn on a single Sunday.

Baseball stadium floodlights dusk
Sports Betting

Circa Is the A's First Las Vegas Founding Partner and Gets a Dugout Box to Fill

Derek Stevens' downtown resort becomes the Athletics' official resort and Circa Sports their official sportsbook in a multi-year deal announced on Thursday, 19 months before the ballpark opens. The 22-seat Circa Dugout Box sits beside the home dugout and, Stevens says, "it's going to be very important to know a Circa casino host" to get in.

American football player gridiron
Sports Betting

DraftKings and FanDuel Put $7m Behind Nebraska's Ballot as Tom Osborne Says No

Two measures on the 3 November ballot would legalise online sports betting tethered to the state's racetracks at a 20% tax, with 70% of the state's take earmarked for property-tax relief that works out at between $5 and $16 a homeowner. The opposition is the most famous man in the state, a Huskers assistant coach quoting scripture, the state auditor and the treasurer. The initiative survived a signature-fraud inquiry to get there.

American football player gridiron
Sports Betting

Prime Video Puts FanDuel Bet Tracking Into Thursday Night Football From Tonight

Viewers who link a FanDuel account will see their live bets, win probabilities and settled legs on the broadcast; everyone else gets a rotating feed of lines, totals and parlays. No wagering on the platform. It is the NBA integration moved to the most-watched Thursday package in the NFL's history, and Flutter has already said what the basketball version did for its parlay mix.

Us capitol building facade
Sports Betting

Senate Advances a College Sports Bill That Treats Event Contracts as Wagering

The Protect College Sports Act cleared cloture 74-24 the same afternoon the CLARITY Act died. Buried in the committee-reported text is a line that lets conferences bench a student athlete for "sports wagering activities or sports-related event contracts", the first federal bill we have seen headed for a floor vote that puts the two in the same sentence.

Baseball stadium floodlights dusk
Sports Betting

Five US Leagues Ask 35 States to Ban Bettors Who Threaten Athletes for Life

The NFL, NBA, MLB, NHL and MLS and their players' unions have sent a joint memo to state gaming regulators asking for mandatory lifetime exclusions, a shared list and a single reporting channel. Five states already do something like it. The memo does not reach the bettors on prediction markets.

Trading chart overlay city night
Sports Betting

Bank of America: Bettors Get Back 75 Cents for Every Dollar Deposited

The bank can see what its own customers pay into betting apps and what comes back out, and across seven months the ratio never reached break-even. The number that should worry the industry more is the one about balances: households that bet online hold 59% of the deposit balance of households that do not.

American football player gridiron
Sports Betting

AGA: Legal NFL Handle Flat at $29.5bn as Prediction Markets Take the Growth

The American Gaming Association expects Americans to bet $29.5 billion legally on the 2026 NFL season, up barely at all on last year's $29.4 billion. Its chief executive says the reason is "backdoor sports betting" on prediction markets, and the numbers it cites for Novig, Rothera and Underdog explain why.

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