Business
May 14, 2026
Macquarie Analyst Chad Beynon Says DraftKings Will Continue Growing Fast
In a May 8 investor note, Macquarie analyst Chad Beynon explained that DraftKings has seen one of the most compelling structural growth stories in the gambling industry in recent times. Macquarie Analyst Has Faith In DraftKings’ Business Model Beynon highlighted DraftKings’ leadership in both online sports betting and iGaming, emphasizing the company’s expanding range of offerings, […]
Industry
May 14, 2026
Oklahoma Governor Kevin Stitt Vetoes Bill Expanding Online Gambling
Oklahoma Governor Kevin Stitt has vetoed Senate Bill 1589, halting a proposal that sought to significantly broaden the state’s gambling laws to include online casino-style games and dual-currency sweepstakes platforms. Governor Vetoes Bill The bill, sponsored by Sen. Todd Gollihare and Rep. Scott Fetgatter, was introduced in the Senate in February. It passed the Senate […]
Legal
May 14, 2026
FanDuel Addiction Lawsuit Sent to Arbitration
A high-profile lawsuit involving FanDuel will move out of public view after a federal judge ordered the dispute to be sifted to private arbitration. The complaint was brought by Amit Patel, a former finance executive for the Jacksonville Jaguars, who admitted to embezzling more than $20 million from the team. Patel argues that the operator […]
Legal
May 14, 2026
Former Texas Lottery Commission Director Was Briefly Indicted for Abuse of Office
The former director of the Texas Lottery Commission, Gary Grief, has been indicted for abuse of office. However, the case was quickly dismissed, according to court documents. The Texas Lottery Commission Was Embroiled in a Huge Scandal Grief first came under fire due to the $95 million Lotto jackpot scandal in 2023, which prompted the […]
Sports
May 14, 2026
Florida Police Busts 265 Illegal Gambling Devices, Seize $120K
Florida is keeping the pressure on illegal gambling businesses, with the Manatee County police conducting an operation against the sector, resulting in the bust of a large-scale criminal enterprise. Florida Shutters Multiple Venues, Seizes Hundreds of Illegal Gambling Machines Police raids led to the seizure of 265 illegal gambling machines along with $120,000 in cash, […]
Casino
May 14, 2026
Prediction Markets, Sports Betting Take Toll on Mental Health
A new study by Baptist Health South Florida has looked into the impact that sports betting and prediction markets have on mental health. The organizaiton has also looked into how the availability of such products and services has pushed people into an ever-increasing pattern of riskier behavior, which could lead to serious health consequences. Study […]
Lottery
May 14, 2026
Instant Karma: Man Returns $500 Lottery Ticket, Wins $586K
Call it instant karma, because the story of a man who returned a $500 lottery ticket definitely feels like a good deed rewarded by fate. This is precisely what happened in the case of a South Carolina man who saw himself win $586,000 from the lottery weeks after he had returned the ticket to its […]
Prediction Markets
May 14, 2026
Polymarket Rolls out US iOS App after Months-Long Wait
Prediction market platform Polymarket has officially opened up its US exchange to iOS users without requiring invitation codes after a long rollout period. It is a big step in the company’s return to the American market after regulatory setbacks and operational delays. Polymarket Expands US Access Following Regulatory Comeback Apple users who download the app […]
Industry
May 14, 2026
UFC CEO Dana White Appeals to Trump on Gambling Tax Rule
UFC president and CEO Dana White has chimed in on the ongoing debate over US gambling taxation, urging Donald Trump to back changes to a controversial provision introduced last year. White reached out to the White House on May 11, formally asking for help to overturn a policy that restricts the amount of betting losses […]
Prediction Markets
May 14, 2026
US Regulator Expands Talks With Sports Leagues Over Prediction Markets
The ongoing battle over sports prediction markets in the United States has entered a new phase after Commodity Futures Trading Commission (CFTC) chairman Michael Selig confirmed the regulator is now working directly with major professional sports leagues to strengthen oversight of the fast-expanding sector. CFTC and MLB Shake Hands Speaking during a conference hosted by […]
