Industry
January 12, 2026
MLB Teams Cut Ties with FanDuel Sports Network as Financial Uncertainty Mounts
All nine teams that have previously had an agreement with the FanDuel Sports Network have withdrawn from the arrangement, The Athletic originally reported. The teams have sounded a tactical retreat over financial concerns that continue to plague the parent company, Main Street Sports, which already went belly up in March 2023, but has since recovered […]
Sports
January 12, 2026
Tennessee Escalates Clash with Prediction Markets
Tennessee authorities have intensified their campaign against sports-related prediction markets, directing Kalshi, Polymarket, and Crypto.com to cut off access for state residents and unwind all sports event positions by the end of January. The orders, delivered in letters dated January 9, accuse the companies of operating wagering products without meeting the state’s licensing and consumer-protection […]
Sports
January 9, 2026
“Unprecedented Situation”: Heat Fully Guarantee Rozier’s $22.6M Salary
The Miami Heat’s quiet but telling decision this week regarding Terry Rozier took many by surprise. The NBA franchise Terry Rozier decided it would pay the veteran guard’s $26.6 million salary in full. That’s despite the 31-year-old being away from the team since October 23 due to his arrest tied to a federal gambling investigation, […]
Casino
January 9, 2026
Florida Senator Pushes Broad Gambling Overhaul and Strips DEI Rules
A Florida lawmaker wants to change how the state oversees gaming, crack down on illegal gambling, and get rid of diversity rules in state law. Sen. Clay Yarborough brought this big plan to the 2026 legislative session. His proposal aims to make major changes to laws about illegal slot machines, online betting sites, and more. […]
Sports
January 9, 2026
Missouri Fights Chiefs’ Betting Rights as Team Plans Kansas Move
A new clash has broken out in Missouri’s legislature. State lawmakers are pushing forward rules that might take away the Kansas City Chiefs’ sports betting perks once the team moves to a planned dome stadium over the border in Kansas. This push comes after the team’s December news about a multi-billion-dollar project in Wyandotte County. […]
Casino
January 8, 2026
FanDuel Wants Lawsuit Citing 300YO Gambling Law Thrown Out
FanDuel and DraftKings are both facing legal pressure. DraftKings has just been hit with a new lawsuit by a Michigan resident, alleging the gambling firm failed to follow prescribed consumer protection guidelines, resulting in harm. FanDuel Won’t Have Truck with Century-Old Statutes FanDuel, on the other hand, is grappling with the legalese of a statute […]
Sports
January 8, 2026
Lawsuit Targets DraftKings, Alleges Illegal Gambling Offering
A new class-action lawsuit was filed with the US District Court for the Eastern District of Michigan on December 30, targeting DraftKings over what the plaintiff, one Michael Koester, alleges are systemic breaches of gambling laws across the country. This accusation comes only a few days after DraftKings and Mindway AI partnered to strengthen consumer […]
Industry
January 8, 2026
Analyst Downplays Prediction Markets’ Threat to Sports Betting Sector
The quick growth of prediction markets in the last year has worried investors, but new research suggests these markets do not shake up traditional sportsbook operators as much as headlines suggest. Analyst Says $8B Wallet Shift Doesn’t Threaten Major Sportsbook Operators Fresh numbers from Citizens Equity Research show that about 5% of legal US sports […]
Industry
January 7, 2026
Iowa Hopes to Toughen Stance on Illegal Gambling
The Iowa Racing and Gaming Commission (IRGC) may soon wield additional powers, allowing it to address sectors of the gambling industry that the regulator deems illegal. IRGC May Soon Get the Power It Needs to Go After Illegal Gambling A new proposal will be part of the new legislative session, which is due to get […]
Sports
January 7, 2026
Ohio Sports Betting Hits Record Handle in November
The sports betting market in Ohio blew up in November 2025, and it has online activity to thank for it. While big names like FanDuel and DraftKings pulled away from smaller competitors, brick-and-mortar sportsbooks continued to fade. Sports Betting Revenue Up 35.5% The Buckeye State reported $133 million in sports betting revenue, marking an important 35.5% […]
