Betting

In a stunning shake-up that's rocking the gambling world, DraftKings and FanDuel have abruptly quit the American Gaming Association after a heated debate on prediction markets. This split exposes deep rifts in how the industry views betting's future, leaving fans and operators wondering what's next for sports wagering. The bombshell dropped on Monday during the American…

FanDuel just shocked the gaming world by giving up its Nevada license right after unveiling a new app that could change how Americans bet on sports and more. This move comes amid warnings from state regulators, setting up a clash between old rules and fresh tech. What's next for betting fans? FanDuel, a top name in…

A federal judge just shut down a push by three California tribes to block Kalshi's sports betting contracts on tribal lands, even as she hinted the platform might be skirting gambling laws. This ruling keeps the prediction market buzzing in Indian Country, raising big questions about future regulations. Federal Judge Jacqueline Scott Corley ruled on Monday…

A bold new pitch to legalize sports betting in California is making waves among tribes, but a key group slams it as a sneaky corporate play. This comes as the state remains one of the biggest holdouts in the nation for online wagering. What could this mean for gamblers and tribal rights? Stick around to…

Flutter-backed results drive optimism after long losing streak for bookmakers After months of sweating it out, bookmakers have finally found some breathing room. According to Jefferies Equity Research analyst James Wheatcroft, sports betting margins in the second quarter are tracking at all-time highs—offering a rare win for the sector following several quarters of bruising results.…

Boyd Gaming has announced the sale of its 5% stake in FanDuel Group back to its parent company, Flutter Entertainment, for a massive $1.75 billion. The move is part of Boyd's strategy to bolster its financial health, with the company also extending its market-access agreements for mobile sports betting and online casinos through 2038. In…

Nebraska lawmakers are weighing a potential shift in the state’s gambling laws, one that could take sports betting beyond casino walls and onto mobile platforms. The proposal, backed by State Sen. Eliot Bostar, aims to let voters decide whether online sports betting should be legalized. Advocates see a major revenue opportunity, while opponents warn of…

New Jersey Governor Phil Murphy’s proposal to nearly double the tax on mobile sports betting and iGaming to 25% has already sparked resistance. While the Democratic-controlled legislature might be inclined to approve the increase, opposition from both political and industry stakeholders is quickly gaining traction. Bipartisan Lawmakers Push Back Less than 24 hours after Murphy’s…