Industry
March 23, 2026
US Sports Betting Debate: 10% Tax Would Raise $182B
Sports betting in the United States has hit the refresh button in the last few years, more exactly, since the Supreme Court cleared the way for states to legalize it in 2018. The industry that initially kicked off at $7 billion gradually grew to a whopping $167 billion by last year, largely driven by mobile […]
Prediction Markets
March 20, 2026
Polymarket and MLB Team Up as League Embraces Prediction Markets
Major League Baseball (MLB) has become the latest to enter into a partnership with Polymarket, with the organization confirming on Thursday that a Memorandum of Understanding has already been signed with the relevant federal authority, the Commodity Futures Trading Commission (CFTC). MLB’s Boss Is Confident Prediction Markets Are Safe and Free of Manipulation The goal […]
Sports
March 20, 2026
Alberta Sets New Rules for Licensed Gambling Market
Alberta Gaming, Liquor & Cannabis (AGLC), the body responsible for licensing and regulating Alberta’s upcoming online gaming and betting market, has updated its Standards and Requirements for Internet Gaming to explicitly prohibit wagering on political events. The change comes through the addition of Subsection 4.6.5 (p), which states: “4.6.5 p) has been added to prohibit […]
Sports
March 18, 2026
No Clear Favorite Emerges as March Madness Begins
This year’s NCAA Men’s Basketball Tournament could be one of the most intense in recent years. Duke received the top overall seed for March Madness, with Arizona, Michigan, and Florida following close behind. Despite the handful of teams occupying the top positions, most fans and experts agree that this year’s showdown could be anybody’s game. […]
Sports
March 18, 2026
DraftKings Leads as Bettors Favor Sportsbooks Over Markets
A fresh industry survey suggests that traditional online sportsbooks continue to have a stronger appeal than prediction market platforms in regions where both options are available to consumers. Kalshi Gains Ground in States Without Legal Sportsbooks According to research conducted by Truist Securities, users tend to gravitate toward DraftKings when given a choice between conventional […]
Sports
March 17, 2026
Betting Syndicate Crumbles After Kidnapping Scandal
Worldwide Sporting Investments (WSI), an Australian sports betting syndicate run by 28-year-old Tyler Roberts, came crashing after taking a particularly dark turn last spring. $1.5M Debt, Kidnapping, and Crime Networks Currently, WSI is in court-ordered liquidation, and creditors claim the company owes them roughly $1.5 million. Court filings say the business now has less than […]
Legal
March 17, 2026
Whatnot Faces Claims Over Randomized Pool Card Games
Whatnot, a fast-growing platform that sold more than 76 million sports cards last year, is facing arbitration demands filed by a group of customers. They claim that the company has been running what they describe as an illegal gambling operation dressed in collectible marketplace clothing. Box and Repack Breaks Cross the Line At the center […]
Prediction Markets
March 16, 2026
Analyst Says Betting Data Providers Will Benefit from Prediction Markets
Some people within the investment community believe that prediction markets are partly responsible for the recent weakness in shares of sports betting data providers. However, according to a report from Citizens Equity Research analyst Jordan Bender, data companies could ultimately benefit from the growth of prediction market platforms. Bender Explains How Data Providers Would Benefit […]
Sports
March 16, 2026
Nebraska Pushes Mobile Sports Betting Vote for 2026 Ballot
As we previously reported in September 2025, Nebraska-based casino operators and lobbyists are determined to shift the focus from statehouse representatives to the voters. Their plan is to start a petition drive that would include mobile sports betting on the 2026 ballot. They Need Signatures from 5% of Previous Voters In a First Alert 6 […]
Prediction Markets
March 16, 2026
Arizona Says Prediction Markets Don’t Play by the Rules
Arizona is aiming for prediction market platforms, joining the ranks of numerous other jurisdictions across the United States that have done the same thing. Suzanne Trainor, who works with the Arizona Department of Gaming, has argued that prediction markets fail to acknowledge the need for stronger responsible gaming measures, she argues. Arizona’s Gaming Department Once […]
