How Underdog went from DFS startup to $1.3B prediction markets acquisition
Timing and agility dictate the success of most mergers and acquisitions, as Underdog Sports showed clearly in selling Thursday to IG Group for $1.3bn.After...
Is Kalshi in trouble after oral arguments at Sixth Circuit court?
A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments from representatives of Kalshi and the states...
MGM Resorts special committee to review People Inc. takeover bid
MGM Resorts International announced during its quarterly earnings call the formation of a special committee to review a blockbuster takeover bid from People Inc.On...
Rush Street Interactive: prediction markets filing just contingency plan
Rush Street Interactive's CEO confirmed Wednesday that the company applied for designated contract market (DCM) registration with the Commodity Futures Trading Commission (CFTC).However, Richard...
CFTC denied preliminary injunction in Wisconsin, judge says case ‘makes no sense’
The Commodity Futures Trading Commission (CFTC) failed in its initial attempt to block Wisconsin's efforts to shut down prediction market platforms in the state.The...
Caesars ends public reporting quietly with mixed bag in Q2
Earnings call season comes around four times a year in the U.S. gambling industry but not for Caesars anymore.When the land-based and online casino...
NFL betting suspension case features wildly different stories
In the case of the National Football League against an Arizona Cardinals executive, The Shield and Ryan Gold are forcing people to choose a...
Why Kalshi finally gave up its fight to stay in Nevada
Kalshi agreed Friday to fully shut down its operations in Nevada after admitting that people in the state were still able to access its...
Pennsylvania bill to ban prediction market insider trading features daily $1M penalty
Two dozen Pennsylvania state representatives are endorsing the latest legislative effort to ban insider trading on prediction markets following high-profile cases alleging ill-gotten profits.House...
Have states set a blueprint for the future of DFS 2.0 regulation?
When Illinois and Kentucky enacted new wide-ranging gambling legislation this summer, it was their respective prediction market tax ideas that stole the headlines.But they...
Event News
SBC Summit to examine regulation, tech, and market competition in Western Europe
SBC Summit’s dedicated Western Europe track will help operators navigate the mounting pressures facing the region’s mature gambling markets, including tighter regulation, black-market activity,...
Affiliate Leaders Summit to feature dedicated track on Platforms & Performance
The Affiliate Leaders Summit 2026 will examine the technologies, engagement strategies and content models underpinning modern affiliate performance through the dedicated 'Platforms & Performance'...
SBC’s Global Prediction Markets Forum to confront sector’s toughest questions
Prediction markets have gone from a niche curiosity to one of the most contested questions in global gambling. Are they a financial product, a...
DraftKings CEO Jason Robins named among SBC Hall of Fame’s Class of 2026
SBC has announced the five individuals whose achievements and influence have earned them a place in the SBC Hall of Fame class of 2026.The ceremony...