News Blog - Page 6 of 16

Before UFC 328, unusual betting activity caused Joaquin Buckley’s odds to shift from a +150 underdog to a -220 favorite. BetOnline responded by closing prop bets and lowering limits. Despite heavy betting support for Buckley, Sean Brady won by unanimous decision, raising new concerns about fairness and integrity in MMA betting markets. The Dramatic Line Movement and Sportsbook Response ...

Oklahoma is moving closer to banning sweepstakes casinos after lawmakers approved SB 1589 with strong bipartisan support. The bill targets online casino-style games that use dual-currency systems and expands liability to companies connected to the industry. Oklahoma now joins a growing number of states cracking down on sweepstakes gambling in 2026. A Strong Legislative Push in Oklahoma ...

FanDuel announced a major leadership change as CEO Amy Howe stepped down and Eric Genetski took over. Flutter Entertainment confirmed the move. Howe was one of the sports betting industry’s most recognizable female leaders, and her departure could lead to changes in FanDuel’s promotions, customer policies, and betting features moving forward. Howe’s Role in FanDuel’s Growth Amy Howe le...

Kalshi has added stronger age verification rules as regulators question whether its sports-related prediction markets are too similar to sports betting. The company says the new safeguards will block minors from accessing the platform. The move could help Kalshi avoid stricter regulation as states increase scrutiny of prediction market operators. Why Age Verification Became a Major Issue ...

Michigan lawmakers rejected Governor Gretchen Whitmer’s proposed 25–50 cent fee on each sports bet, leaving it out of current budget bills. The move shows strong opposition. As a major betting market, changes matter, and the issue may return. Lawmakers are still considering higher taxes on online casino gaming. What a Per-Bet Fee Would Have Meant The proposed fee would have been very diff...

Polymarket removed all Kentucky Derby betting contracts just days before Saturday’s race after Churchill Downs asked them to stop. The company agreed right away, taking away a popular alternative to regular sportsbooks. This decision shows how control over betting on major events is being challenged. It also affects users who already had money in Derby-related markets. Why Churchill Down...

Since the Supreme Court’s 2018 decision allowing states to legalize sports betting, U.S. sports journalism has shifted. Newsrooms now routinely include point spreads, totals, and odds movement in coverage, accelerating how information reaches betting markets and influencing sportsbook adjustments while raising concerns about fairness when audiences have financial stakes directly. The New...

Colorado lawmakers are advancing a bill that could change how sportsbooks operate. Nearing a House vote, it would limit advertising and add rules on deposits and betting. For bettors, this could mean fewer promotions and more steps to fund accounts. Lawmakers say the goal is to reduce harm by cutting aggressive ads and easy access to betting. What the Bill Would Change A CBS News repo...

Texas Tech quarterback Brendan Sorsby is reportedly entering treatment for gambling addiction after placing thousands of bets that violate NCAA rules. Because of this, he could lose his ability to play. The situation raises concerns about sportsbook protections and could lead to stricter rules on age checks, responsible gambling, and enforcement. NCAA Gambling Rules and Potential Conseque...

The prediction market industry is facing growing pressure from federal regulators, state officials, and a series of insider trading scandals. These issues are raising serious concerns about the industry’s credibility at a critical time. Recent cases, including a U.S. Army soldier making hundreds of thousands of dollars and politicians betting on their own elections, are adding urgency to cal...

The Department of Justice arrested a U.S. soldier accused of using non-public information to win about $400,000 through betting on the raid of Venezuelan president Nicolás Maduro. The case raises concerns about data security in relation to gambling and could lead to stricter sportsbook monitoring, tighter betting limits, and more frequent account reviews to prevent similar insider schemes. ...

Oklahoma lawmakers again rejected legal sports betting, as the Senate voted down HB 1047 for a second time. The bill would have allowed online and in-person betting through tribal casinos and generated up to $20 million annually. Disputes over control and safety concerns stalled progress, leaving residents to bet offshore or out of state. Disagreements Over Tribal Control The main iss...

New York Attorney General Letitia James is suing Coinbase and Gemini, accusing them of running illegal gambling operations. The state says their prediction markets, where users bet on events like sports and elections, lack proper licenses. Officials want these services shut down unless approved, and the case could impact similar platforms nationwide. New York AG Says Prediction Markets Ar...

Minnesota lawmakers are again pushing to legalize mobile sports betting with a new bill giving tribal casinos exclusive control. The plan blocks major companies and follows past failed efforts. If approved, residents could bet statewide, but options may be limited since only tribal operators would run the apps. Tribal Framework Emerges as Most Viable Path Minnesota has had a hard time ...

An investigation found FanDuel Canada users are confused about single-sport betting rules change by location. Many receive no clear warnings, leading to disputes, refund requests, and frustration. Similar issues exist in the United States, where differing regional laws create inconsistent experiences and can damage company reputations and attract regulatory attention. How Geolocation and ...