Sports Betting

Polymarket’s regulated US exchange has officially started testing parlay contracts, marking the next step in the prediction market’s path to multi-outcome trading. Up to 10 Legs in One Parlay The beta launch follows Polymarket US’s self-certification of its parlay product with the Commodity Futures…

Kalshi has been dealt another setback in Connecticut, this time with federal judge Vernon D. Oliver ruling that the Commodity Futures Trading Commission (CFTC) cannot dictate an order that conflicts with the court’s own interpretation of federal law. The CFTC, said the judge, lacks the authority to…

SEON, a leading AI-driven platform for fraud prevention and AML compliance, has unveiled new insights from its analysis of Betting & Gaming operator data during the 2026 FIFA World Cup, challenging conventional expectations about how fraud emerges during major sporting events. The post SEON data sh…

Exchange traded funds (ETFs) issuers often push the envelope, but Volatility Shares may be going further with a recent filing for funds that would be de facto bets on the performances of all 32 National Hockey League (NHL) teams. In an Aug. 14 filing with the Securities and Exchange Commission (SEC…

Kalshi’s fragile truce with the Nevada Gaming Control Board (NGCB) may be over after the regulator accused the prediction platform of violating its agreement to stop its sports, election, and entertainment prediction contracts in the state. The NGCB now intends to fine Kalshi $120,000 for each day…

FanDuel has responded to criticism stemming from a promotional video sent to a VIP player experiencing gambling harm. In a letter to three US Members of Congress, the operator emphasized that its responsible gambling rules apply equally to all players and that VIP program members are further scruti…

Gambling is becoming a primary driver of mental distress among young men, triggering levels of isolation and dejection similar to heavy pornography use. That’s according to a multi-part study conducted by the Institute for Family Studies (IFS), a think tank focusing on “marriage, child well-being,…

DraftKings (NASDAQ: DKNG) has announced syndication for a planned $600 million senior secured term loan B credit facility, the proceeds of which will be used to repurchase convertible bonds. The gaming company said it will use net proceeds from the term loan to buy back “a portion” of the $1.15 bil…

The UFC has teased what officials called a “master plan” for the land surrounding the company’s Las Vegas HQ. Under the new project, the UFC will expand its presence in Sin City with a new hotel, among other things. The UFC Plans to Further Develop Its Vegas Lot For reference, the UFC owns roughly…

Want to get more Covers content? Add us as a preferred source on your Google account here. FanDuel renewed its longtime partnership with GeoComply, a global leader in geolocation and identity verification, it was announced Monday. Key Takeaways FanDuel and GeoComply have a partnership dating back 1…

Want to get more Covers content? Add us as a preferred source on your Google account here. NFL playoff odds are on the board with the 2026-27 season opener approaching. The defending Super Bowl champion Seattle Seahawks are one of the bigger favorites to get back to the postseason at -235, but they…

FanDuel is defending its responsible gaming practices after three congressional Democrats demanded answers about why a VIP sports bettor struggling with gambling addiction received a personalized Thanksgiving message from MLB superstar Bryce Harper. The sportsbook did not address the controversial…

Premier League side Brentford FC will continue its affiliation with Hollywoodbets despite the South African gambling firm being unable to stay on the front of the club’s shirts. Hollywoodbets has re-signed as the Bees’ official club betting partner, continuing a relationship which is now entering i…

Want to get more Covers content? Add us as a preferred source on your Google account here. Prediction market operator Novig continued its bold entry into the industry by submitting another lawsuit, this time targeting Wisconsin officials. The operator, which launched its prediction markets on Aug.…

Seven individuals have been charged before Cheltenham Magistrates’ Court over alleged fraud against bet365. According to the prosecution, the defendants – six men and one woman – abused the UK operator’s free introductory betting offer for new customers to obtain free betting credit and move illici…

Want to get more Covers content? Add us as a preferred source on your Google account here. Happy Monday! It's a lighter slate today, but there's still a whole lot to attack. Join me as I break down three of my favorite MLB player props for Aug. 17, including why I expect Bobby Witt Jr. to go nuclea…

Want to get more Covers content? Add us as a preferred source on your Google account here. Virginia’s 2027 legislative session has been updated to include Senate Bill 579, which would stop the operation and promotion of online sweepstakes casinos in the state. Key Takeaways A Virginia bill that wou…

Want to get more Covers content? Add us as a preferred source on your Google account here. New Jersey sportsbooks returned with a vengeance in July with an 11.9% win rate, the highest this year. Key Takeaways New Jersey operators generated their third-best monthly revenue haul of 2026. Soccer helpe…