The prediction market platforms are each suspected of offering election markets a month before the nation’s general election.
The 2026/27 licensing window is open, with several firms already approaching the authority about the emerging category.
Tennessee marks the seventh state in which Underdog has filed a lawsuit against gambling regulators, joining Massachusetts, New Mexico, Washington, Wisconsin, Connecticut and Ohio.
Bettors will no longer be able to include an under on a certain player’s statistics in a parlay, or place wagers related to the winner of the opening tip or an individual’s specific shot, rebound, etc.
With states, Tribal interests, gaming industry groups and the NFL rallying behind New Jersey, the fight over sports prediction markets is gaining momentum. Could mounting legal pressure and conflicting court rulings persuade the US Supreme Court to intervene?
The deal will combine Matchbook’s peer-to-peer technology with Betdaq’s heritage.
The NCPG-backed initiative will target young adults during the 2026-27 NBA season, with a new spot planned for social media and broadcast channels.
Kalshi unveiled a new partnership with the Alabama-Quassarte Tribal Town of Oklahoma on October 7, which was later challenged by OIGA for threatening Tribal gaming revenue.
Former FTC Senior Policy Adviser Jon Schweppe argued it’s ‘time to put online sportsbooks in the hot seat,’ comparing the industry to tobacco, technology and pharmaceuticals.
During the operator's Q3 2026 call, Adam Greenblatt was asked whether prediction markets were no longer a risk to the company, given the CFTC’s latest announcement.