Texas Lt. Governor Wants to Ban Prediction Markets — Here’s Why the Feds Are Blocking Him
Dan Patrick directed Texas senators to close the prediction market 'gambling loophole,' but the Trump administration's CFTC is actively fighting ...
Tag: SportsBetting
Kentucky Fixed-Odds Horse Racing Is One Step Closer — What HB 904 Means for Bettors
Kentucky overrode Governor Beshear's veto of HB 904 on April 14, 2026, making fixed-odds horse racing wagering the law. Here ...
The NBA’s Proposed “3-2-1” Anti-Tanking Lottery Could Reshape Draft Futures Betting
The NBA is briefing all 30 GMs on a new 3-2-1 lottery proposal that expands to 16 teams and penalizes ...
Missouri Legislators Want to Triple the Sports Betting Tax Rate — Here’s What Bettors Need to Know
HB 3533 would raise Missouri's sports betting tax rate from 10% to a potential 34% effective rate. Here is what ...
BetMGM Q1 2026: $696M in Revenue, $25M in Profit, and a Path to $500M EBITDA by 2027 — What Bettors Should Read Into This
BetMGM reported $696 million in Q1 2026 revenue and $25 million in adjusted EBITDA, staying on track toward $500M EBITDA ...
BetRivers Just Had Its Best Quarter Ever — Here’s Why Its “Casino-First” Playbook Also Makes It a Smarter Sports Bet
Rush Street Interactive posted record Q1 2026 results: $370M revenue (+41%), $26M net income (+134%), and 62% casino MAU growth. ...
Kalshi Just Had Its Biggest Week Ever — $3.4 Billion, and Sports Drove 88% of It
Kalshi hit a $3.4 billion weekly all-time high for the week ending April 26, with sports markets alone generating more ...
Two Kentucky Derby Longshots With a Real Case to Upset on Saturday: Pavlovian and So Happy
Pavlovian gives trainer Doug O'Neill a shot at a historic third Derby win with Reddam Racing, while So Happy went ...
Wisconsin Just Sued Kalshi, Robinhood, Polymarket, Coinbase, and Crypto.com for Illegal Sports Gambling
Wisconsin AG Josh Kaul is suing five major prediction market platforms, arguing their sports event contracts are illegal sports betting ...
FanDuel Predicts Is Now Live for Sports in 18 States — A Practical Guide for Bettors Wondering If It Replaces Their Sportsbook
FanDuel Predicts launched in all 50 states in January 2026, with sports contracts available in 18 states where FanDuel does ...
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