Stake Secures Alberta Gaming License, Sets October 12 Launch Date
Headlines

Stake Secures Alberta Gaming License, Sets October 12 Launch Date

Stake has received its gaming license in Alberta and is preparing to enter the province’s regulated iGaming market with a planned launch on October 12, positioning the crypto-friendly operator as one of...

DraftKings and FanDuel Deepen Investment in Nebraska’s Online Sports Betting Ballot Push
iGaming

DraftKings and FanDuel Deepen Investment in Nebraska’s Online Sports Betting Ballot Push

DraftKings and FanDuel have each contributed an additional $3.5 million to the campaign to legalize online sports betting in Nebraska, bringing total fundraising for the effort to approximately $14.65 million. The contributions...

Kalshi Sets Back-to-Back Daily Volume Records as Sector Trading Tops $9 Billion
Headlines

Kalshi Sets Back-to-Back Daily Volume Records as Sector Trading Tops $9 Billion

Kalshi posted all-time daily notional volume highs on consecutive days over the first weekend of October, capping a stretch in which combined prediction-market trading surpassed $9 billion. The performance underscores the platform’s...

Novig Valuation Quadruples to $2 Billion as Prediction Markets Draw Investor Interest
Headlines

Novig Valuation Quadruples to $2 Billion as Prediction Markets Draw Investor Interest

Novig, the sports-focused prediction-market platform, has closed a new funding round that values the company at approximately $2 billion, quadrupling its valuation from earlier this year, according to reports from The Wall...

Brazilian Football Clubs Push Back Against Lula’s Online Betting Ban
Headlines

Brazilian Football Clubs Push Back Against Lula’s Online Betting Ban

Brazil’s leading football clubs have aligned themselves with sports betting operators in opposition to a sweeping government decree that bans online gambling, a measure that threatens to strip clubs of some of...

Sixth Circuit Rules Against Kalshi, Allowing States To Regulate Prediction Markets
Headlines

Sixth Circuit Rules Against Kalshi, Allowing States To Regulate Prediction Markets

A federal appeals court has dealt a significant setback to prediction market operator Kalshi, ruling that states Ohio and Tennessee may regulate the company’s sports-related event contracts under their respective gambling laws....

New York Sues Polymarket, Alleging Illegal Gambling Operation, as Company Countersues
Headlines

New York Sues Polymarket, Alleging Illegal Gambling Operation, as Company Countersues

New York Attorney General Letitia James and Governor Kathy Hochul announced a lawsuit on Thursday against Polymarket US, accusing the prediction market platform of operating an illegal gambling operation in New York...

Massachusetts Sports Betting Handle Rises 5% in August, but Operator Revenue Falls to Two-Year Low
Gaming

Massachusetts Sports Betting Handle Rises 5% in August, but Operator Revenue Falls to Two-Year Low

The Massachusetts Gaming Commission has reported that the state’s online and retail sportsbooks accepted $571.24 million in wagers during August 2026, an increase of approximately 5% year-over-year. Despite the growth in betting...

Kalshi and Montana Agree to Drop Cross-Complaints Over Prediction Market Dispute
iGaming

Kalshi and Montana Agree to Drop Cross-Complaints Over Prediction Market Dispute

Kalshi and the State of Montana have jointly agreed to dismiss their federal lawsuits against each other, ending a legal confrontation that began when state regulators accused the prediction market operator of...

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