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DraftKings revenue fell in the second quarter as customer-friendly sports results and increased promotional spending outweighed strong customer growth, but the company said those investments are... The post DraftKings Shrugs Off Q2 Miss As Predictions Accelerate Ahead Of NFL appeared first on Legal…

DraftKings devoted most of its Q2 call to laying out a blueprint for its attempt to outlast rivals when prediction markets go full throttle this autumn.

Q1 delivered a sharp rise in GGR and turnover for DATA.BET’s esports product, the company told iGB in an interview at iGB L!VE last month. It builds on the company’s momentum in the quick-growing vertical. “Esports is our heritgate,” head of sales Otto Bonning said. Esports might be a core competen…

In July last year, Denmark was the first market to roll out its new Tipico US-powered sportsbook platform. Since then the product has also been gone live in Brazil and Sweden.

Interim Gambling Commission CEO Sarah Gardner speaks on striking a balance between different interests, while trying to be creative with gambling regulation.

Curiosity and excitement were given as the predominant reasons for players to gamble, with 17% suggesting monetary gain was their motivation.

A call for a prediction markets crackdown has intensified as sports leagues, casino operators, and lawmakers push back against federal regulatory proposals. The NFL and the Casino Association of New Jersey submitted comments urging the U.S. Commodity Futures Trading Commission to block financial pl…

US President Donald Trump is no stranger to Las Vegas, where he returned this week to tout his tax changes and many other topics.

Analysts, hedge fund managers and other financial experts blame the latest swoon on prediction markets with DraftKings on deck.

Analysts remain bullish on Flutter but cut their targets as the company lowered guidance for FanDuel with more promotional investment coming. Flutter said its mishandling of promotions to FanDuel... The post Analysts Cut FanDuel Parent Targets On Higher Promotional Spending appeared first on Legal…

Earlier this year, the sports technology company signed multi-year partnerships with both Kalshi and Polymarket for data distribution.

Penn Entertainment is ready for a wildly competitive promotional environment this football season. It will be the first full season NFL or college football for most prediction market operators, a... The post Penn Prepared For Promotional ‘Arms Race’ This Football Season appeared first on Legal Spor…

Greentube's director (global sales and marketing) Markus Antl caught up with the iGB team at iGB L!VE 2026 to reflect on a year of expansion, from South Africa's booming concurrency numbers to the build-out of its US footprint.

Genius Sports is seeing growing benefits from prediction markets, which contributed to a stronger-than-expected second quarter as the sports data provider expands its business with the... The post Genius Sports Raises Outlook On Prediction Markets Growth appeared first on Legal Sports Report.

A Kalshi executive appeared on Bloomberg TV and talked through a variety of issues, including the recent New York lawsuit and its work on prediction markets integrity. Kalshi Head of Enforcement... The post Kalshi Exec Criticizes NY Suit, Says Product Is Heavily Regulated appeared first on Legal Sp…

A federal judge in Utah has ruled that the state’s anti-gambling laws apply to Kalshi’s sports event contracts, rejecting the company’s argument that federal commodities law preempts state enfor... The post Utah Can Enforce Gambling Laws Against Kalshi appeared first on Legal Sports Report.

In the same week Novig launched its prediction market platform across the U.S., it also sued the state of New York to protect its interests. Novig announced its nationwide launch Tuesday of its... The post Novig Launches Prediction Markets, Then Promptly Sues New York appeared first on Legal Sports…