DraftKings reports $1.3B quarter, considers sports event contracts
The operator closed Q4 2024 with 4.8 million monthly unique paying customers.
Churchill Downs shuts down retail betting at its namesake racetrack
When Kentucky legalized sports betting in 2023 Churchill Downs decided to lean heavily into retail sports betting at its facilities via a partnership with...
New York sportsbooks cash in, Pennsylvania’s lose out on Super Bowl
Super Bowl LIX smashed sports betting activity for states and operators alike as the Philadelphia Eagles' win over the Kansas City Chiefs generally yielded...
Minnesota betting bill stuck in mud despite tribal and track support
A Minnesota bill that would legalize online sports betting and fantasy contests stalled in committee on Thursday despite enjoying what its sponsor called an...
BetMGM Nevada wallet fueling MGM’s omnichannel gains
MGM Resorts International President Bill Hornbuckle says the company has increased its omnichannel advantage thanks its BetMGM single wallet feature in Nevada and the...
Hawaii sports betting bill narrowly advances out of committee
A bill to legalize and regulate at least four online sportsbooks in Hawaii narrowly advanced out of the House Judiciary & Hawaiian Affairs Committee.HB1308...
Texas reps file bills to let public vote on legal sports betting
Texas lawmakers will consider a proposed constitutional amendment to allow voters to decide whether or not the state should welcome legal sports betting.Rep. Sam...
Trump taps Kalshi board member Brian Quintenz to run CFTC
President Donald Trump's nomination for the Commodity Futures Trading Commission (CFTC) could bode well for the event contract industry.On Wednesday, Brian Quintenz announced on...
Kalshi ready to add prop-like contests in wake of Super Bowl
Kalshi has filed a notice with the Commodity Futures Trading Commission (CFTC) explaining that it is "self-certifying" contracts that would act similarly to proposition...
New York committee approves expanded props and other wagers
A New York Senate committee has approved a bill that expands legal prop betting in the state.Sen. Joseph Addabbo's Senate Bill 2616 would amend...
Event News
How state regulators can adapt to fighting illegal gaming in digital age
FT. LAUDERDALE, Fla. – Fighting the massive unregulated and illegal gaming market presents a daunting challenge for state-level regulators.As discussed at this month’s SBC...
Five questions with PrizePicks head of RG Phil Sherwood about responsible gaming
Following up on recent discussion around responsible gaming and player protection at this month's SBC Summit Americas in Ft. Lauderdale, Fla., SBC Americas spoke...
SBC Summit to examine what effective player protection looks like in practice
As expectations around player safety continue to evolve, operators face increasing pressure to detect signs of gambling-related harm earlier and implement more effective interventions....
SBC Summit Americas 2026: Big topics and lasting connections
SBC Summit Americas 2026 welcomed industry professionals from across North and Latin America last week, with discussions around prediction markets and a series of...