Sports betting has become more accessible across the United States, but that doesn’t necessarily mean Americans are placing large wagers every day. New figures highlighted by FanDuel suggest most bettors prefer smaller stakes and only gamble occasionally. In an October 16 research summary, FanDuel brought together findings from academic studies and its own sportsbook data to examine betting habits of Americans. This comes as the operator faces questions about its … The Ohio Casino Control Commission (OCCC) is considering a rule that would prevent licensed sportsbooks from sending promotional messages for 48 hours after users make changes with their responsible gambling tools. Changes could include setting limits on deposits or gaming sessions. The proposal would cover promotional emails, push notifications, and other direct advertising. It’s the latest effort by Ohio regulators to strengthen consumer protections. The OCCC’s proposed amendment would introduce … The sports betting industry has developed a sizable financial presence in New York politics, with companies and industry-backed groups putting millions of dollars behind political organizations during the 2026 election cycle. Super PACs backed by sportsbook interests have spent nearly $8.3 million on New York races this year, according to an Oct. 19 investigation by New York Focus. Much of the attention surrounds New York Future, a super PAC financed … Fanatics CEO Michael Rubin is preparing for an increasingly expensive fight for U.S. sports bettors, warning that the next several years could be especially challenging as traditional sportsbooks and prediction markets compete for the same customers. Rubin said the next few years will be “very difficult” for the industry while appearing on CNBC’s “Squawk Box.” His warning centers partly on what he sees becoming a massive marketing battle. Rubin estimated … One of the main figures in a huge college basketball betting scandal is heading to federal prison. Jalen Smith, a 30-year-old from Charlotte, North Carolina, received a six-year sentence for helping organize a point-shaving operation involving dozens of NCAA basketball players. The scheme involved more than $3 million in fraudulent wagers and targeted over 29 college basketball games during the 2023-24 and 2024-25 seasons. Players were offered thousands of dollars … The Massachusetts Gaming Commission (MGC) wants to know what happens when a sportsbook’s marketing system identifies a customer who’s losing money. They are questioning whether that user receives fewer promotions, or if the sportsbook uses AI to encourage them to keep betting. The MGC has asked sports betting operators to explain their marketing policy by November 3. MGC Executive Director Dean Serpa sent a letter to licensed sports betting operators … DraftKings can keep operating in Louisiana, but state regulators want a closer look at how the sportsbook uses artificial intelligence before renewing its license. The Louisiana Gaming Control Board (LGCB) voted unanimously Thursday to grant DraftKings a conditional extension rather than approve its full renewal application. The decision follows allegations involving AI marketing and responsible gambling practices. DraftKings appeared before the LGCB on October 15 for a routine license renewal. … NFL fans already use X to follow breaking injury news, coaching updates, and other developments throughout the season. Now, they’ll have access to official game statistics on the same platform. Genius Sports announced a partnership with X on Thursday, October 15, bringing real-time NFL data to the social media platform’s NFL Gametime feature. This gives users access to live scores and play-by-play information alongside the news and commentary they already …
FanDuel Research Reveals How Much Americans Actually Bet on Sports
Ohio Could Restrict Sportsbook Promotions After Bettors Set Gambling Limits
Sports Betting Giants Pour Millions Into New York’s Political Arena
Michael Rubin Warns Sports Betting Industry Faces “Very Difficult” Years Ahead
NCAA Betting Scandal Organizer Gets Six Years in Federal Prison
Massachusetts Asks Sportsbooks if AI Targets Losing Bettors
Louisiana Delays DraftKings License Renewal Amid AI Investigation
Genius Sports Partners With X to Bring Real-Time NFL Data to Fans
The NFL season has brought higher betting activity back to U.S. sportsbooks, but the opening stretch has not produced equally favorable results for DraftKings. The operator is facing scrutiny over weaker sports betting margins following a run of NFL and college football outcomes that favored bettors more than bookmakers. Susquehanna analysts flagged the trend after examining betting results from the fifth week of the NFL season and the sixth week … The Federal Trade Commission is reportedly taking a closer look at the online sports betting industry, adding another layer of regulatory attention to a sector already facing questions from state officials and federal lawmakers. The early-stage review includes major operators DraftKings and FanDuel and is expected to examine allegations involving deceptive or misleading advertising. The Washington Sun first reported the review, citing three people familiar with the matter. Both political … Early findings from a UNLV study are raising concerns about problem gambling in Colorado, with researchers reporting that 7% of gamblers surveyed showed signs of serious gambling problems. The research is examining sports betting habits, advertising exposure, and whether sportsbook promotions influence gambling behavior. UNLV psychology professor Shane Kraus, who is leading the project, believes the findings deserve closer attention. The study is ongoing, with additional results expected after the … BetMGM is changing how it invests across the U.S. gambling market, putting more resources into states where it can offer online casinos alongside sports betting. CEO Adam Greenblatt outlined the strategy during the company’s October 13 business update, explaining that BetMGM is scaling back spending in states where sports betting is the only legal online gambling product. Online casinos remain the focal point of BetMGM’s offerings. Greenblatt said iGaming now … New York sports betting continues to thrive during the NFL season, with sportsbooks handling $619.4 million in wagers during the week ending on Oct. 4. It was the fourth-highest weekly total in state history. Both DraftKings and FanDuel handled more than $200 million in bets, but FanDuel generated nearly $10 million more in revenue. That helped push statewide gross gaming revenue to $49.2 million, according to the New York State … The NBA and WNBA are taking additional steps to address the potential risks associated with sports betting as the 2026-27 NBA season approaches. The leagues announced a new responsible gaming campaign developed in collaboration with the National Council on Problem Gambling. The campaign will focus particularly on educating young adults about sports betting and prediction markets, two ways of putting money on sports-related outcomes that have drawn increased attention from … Michigan gambling regulators are expanding their enforcement efforts against offshore gaming, sending cease-and-desist letters to 33 operators accused of providing online gambling to residents without the required state licenses. The action covers companies offering online casino games, sweepstakes-style products and sports betting. The Michigan Gaming Control Board announced the latest enforcement action on Oct. 8. Its investigations determined the targeted operators were offering at least one form of unauthorized gambling … The Seminole Tribe of Florida has opened another significant front in the debate over sports prediction markets by suing DraftKings and CEO Jason Robins over products available to customers in the state. The 72-page complaint, filed Oct. 8 in Broward County Circuit Court, alleges DraftKings is effectively conducting sports wagering without Florida authorization. The Tribe contends the company’s prediction markets and other sports offerings conflict with state law and the … FanDuel users in Illinois are once again paying an extra 50 cents on certain sports bets. The sportsbook reinstated its per-bet fee on October 7 after suspending it in April. The charge primarily affects bettors who prefer smaller wagers. Those placing larger straight bets or parlays can avoid the fee. At FanDuel, straight bets of at least $25 are exempt from the fee, along with parlays of $10 or more. … Nevada Rep. Steven Horsford is keeping the pressure on Congress to reverse a federal tax change that could leave gamblers owing money even when they finish the year without making a profit. Speaking at the Global Gaming Expo (G2E) in Las Vegas, Horsford called attention to his efforts to restore the full deduction for gambling losses. The proposal made progress in September, but Congress has yet to approve the change. … Sen. Richard Blumenthal is demanding that FanDuel turn over personalized celebrity videos sent to VIP users, questioning whether the sportsbook used those messages to encourage vulnerable bettors to keep gambling. Earlier this week, Sen. Blumenthal challenged FanDuel’s explanation that the videos were simply gestures of appreciation for loyal users. The Connecticut senator also wants more information about how the company’s VIP program interacts with bettors who may be experiencing problem … Caesars Sportsbook is facing scrutiny in Tennessee after two compliance failures resulted in $4,314.45 in fines. One case involved a self-excluded user who managed to open another betting account, while the other concerned prohibited college player props. The Tennessee Sports Wagering Council approved both settlements during its October 6 meeting. Council members also raised concerns about whether sportsbooks are doing enough to prevent mistakes that could be avoided with stronger … Maine regulators have released another round of proposed online casino regulations as the state moves closer to launching its legal iGaming market. The updated rules, dated Sept. 30, represent the third publication of regulations tied to the state’s online casino framework and revise an earlier draft released in July. The changes come months after Maine became the eighth U.S. state to legalize online casino gaming. Under the law, online casino … PENN Entertainment shares went up after Deutsche Bank upgraded the gaming company from Hold to Buy and raised its price target from $23 to $25. PENN shares jumped about 5.3% following the upgrade. The move comes as the company continues to lean on its retail casino portfolio while trying to improve profitability with its iGaming platform. The upgrade appears to be driven more by PENN’s valuation and core casino operations … Virginia came close to legalizing online casino gaming in 2026, but the effort ultimately broke down late in the legislative process. House Bill 161 passed the House 67-30, while Senate Bill 118 cleared the Senate 21-17. The two chambers approved different versions. Lawmakers couldn’t reach a final agreement before the session ended. That means another push would not be starting from the beginning. At the same time, several issues remain … As South Carolina prepares to elect its next governor, gambling policy has become an unexpected topic on the campaign trail. While the state’s two major candidates approach the issue from different perspectives, neither has completely ruled out the possibility of expanded gaming options. Republican Attorney General Alan Wilson and Democratic state Rep. Jermaine Johnson have both signaled openness to discussing gambling’s future in South Carolina. Their positions contrast with outgoing … DraftKings and FanDuel are putting more money behind Nebraska’s push to legalize online sports betting. The two operators each contributed another $3.5 million to Tax Relief Nebraska, adding $7 million to the campaign ahead of the Nov. 3 election. The latest contributions bring total fundraising for the effort to approximately $14.65 million. The new spending builds on the sportsbook-backed campaign that helped get online sports betting on the ballot in … The Maine Gambling Control Unit is monitoring how sportsbooks use AI as regulators across the country examine whether existing gambling rules are enough. There are currently two licensed sportsbooks in Maine, DraftKings and Caesars Sportsbook. Maine’s current sports betting regulations do not include rules written specifically for AI, but regulators have said they are monitoring how sportsbooks use the technology. For now, the Maine Gambling Control Unit appears to be … Bally’s has reached a significant milestone in its effort to build a large-scale casino resort in the Bronx, securing $400 million in financing to support the next phase of the project. The funding will be used primarily for pre-construction activities tied to the proposed development at Ferry Point Park. While the resort remains years away from opening, the latest financing package gives Bally’s additional resources as it works toward a … Fanatics is considering a dramatic increase in sportsbook marketing spending as it looks to narrow the gap with industry leaders DraftKings and FanDuel. Speaking to Bloomberg, Fanatics CEO Michael Rubin said the company may spend as much as $1 billion on betting and gaming advertising in 2027. The potential investment would represent a significant jump from the approximately $350 million Fanatics expects to spend on marketing this year. Rubin acknowledged …
DraftKings Sportsbook Margins Face Pressure After Rough NFL Start
FTC Reviews Sportsbook Marketing and Advertising Practices
UNLV Study Raises Concerns About Problem Gambling Among Colorado Bettors
BetMGM Reduces Investment in States Without Legal Online Casinos
New York Sports Betting Hits $619M as FanDuel Outpaces DraftKings
NBA, WNBA Announce New Responsible Gambling Campaign
Michigan Targets 33 Offshore Gambling Operators in Latest Enforcement Push
Seminole Tribe Takes DraftKings to Court Over Florida Betting Dispute
FanDuel Reinstates 50-Cent Betting Fee for Illinois Customers
Horsford Urges Congress to Reverse Gambling Tax Change
Sen. Blumenthal Presses FanDuel for VIP Videos Amid Problem Gambling Concerns
Caesars Hit With Tennessee Fines as Regulators Demand Better Safeguards
Maine Updates Online Casino Rulebook As Regulatory Process Continues
PENN Stock Rises After Deutsche Bank Upgrade
Virginia iGaming Faces Short 2027 Legislative Window
South Carolina Governor Race Puts Sports Betting and Casinos Back in Spotlight
DraftKings, FanDuel Boost Nebraska Sports Betting Campaign
Maine Takes Closer Look at AI Use at Sportsbooks
Bally’s Secures Key Financing as Bronx Casino Plans Advance Toward 2030
Michael Rubin Teases $1 Billion Sports Betting Marketing Plan for Fanatics
