DOJ Ends Investigation Into Polymarket Accepting US Customers
The U.S. Department of Justice and Commodity Futures Trading Commission have formally ended their investigations into prediction markets platform Polymarket over accepting US users.
Sportsbetting News
DraftKings Could Launch Prediction Markets With Railbird Exchange Partnership
DraftKings is in talks to acquire Railbird Exchange, a prediction market platform that recently obtained a federal license from the CFTC.
Senate Blocks Bill Aimed At Reversing Gambler Tax Change
Sen. Todd Young blocked a bill that proposed to reverse the gambling tax change that was passed as part of Trump's Big Beautiful Bill.
FanDuel Warns States Over Increasing Tax On Sportsbooks
FanDuel, one of the leading sportsbooks in the country, has warned that increasing taxes on sports betting will make running the business unprofitable.
PENN Increasingly Likely To Exit ESPN Bet Deal, Says Analyst
Analyst Jeffrey Stantial has said it is increasingly likely that PENN Entertainment opts out of its current deal with Disney to run sports betting through ESPN Bet.
Wimbledon Use Undercover Officers To Spot Courtside Betting Gangs
Wimbledon chiefs used undercover officers to spot and eject courtside betting gangs looking to gain an edge from inside the courts. According to the Daily Mail, a source with knowledge of the situation said: “Wimbledon is a Fort Knox of propriety and fairness. “We go to great lengths to stop people exploiting our sport in […]
DraftKings To Refund $3M To Users In Connecticut Over Bonus Dispute
DraftKings will pay users in Connecticut a total of $3 million following an investigation by the state’s Department of Consumer Protection (DCP) over bonus offers.
Flutter Secures Full Ownership Of FanDuel, Buying Out Boyd’s 5%
Flutter has announced it has secured a deal with Boyd Gaming to secure 100% ownership of FanDuel, buying out Boyd's 5% stake.
New Jersey Governor Signs Bill Banning Sportsbooks Partnering With Colleges
New Jersey Governor Phil Murphy signed off on a bill that explicitly prohibits colleges from partnering with sportsbooks.
House Of Commons Reject Lib Dems’ Bid To Ban Gambling Ads In Football
The House of Commons has rejected a proposal by Liberal Democrat MPs to ban all forms of gambling-related advertisement and sponsorship in English football. Lib Dem MPs Max Wilkinson and Lee Dillon wanted the bill to include a duty on English football clubs “not to promote or engage in advertising and sponsorship related to gambling.” […]
Betfair Announce Exit From New Zealand Sports Betting Market
Betfair has confirmed it will exit the New Zealand sports betting market on July 23 following the introduction of new legislation. Last month, as part of amendments to the Racing Industry Act 2020, residents of New Zealand can only bet on sports and racing through one licensed operator. Offshore sportsbooks such as Betfair are no […]
Bet365 Scores Pens Sponsorship Deal With Serie A Champions Napoli
Bet365 is the latest firm to workaround Italy’s laws on betting sponsorship and advertising in sport with its new Napoli deal. The popular sports betting app has completed a deal to sponsor the reigning Serie A champions through its subsidiary company, bet365 Scores. Bet365 Scores is an app that offers stats and results in real […]