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 …
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 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 … Pennsylvania’s gambling market reached another financial milestone in the latest fiscal year, but new data also shows more people are dealing with problem gambling. The Pennsylvania Gaming Control Board (PGCB) reported that participation in the state’s voluntary self-exclusion programs increased 18% during the 2025-26 fiscal year. More than 30,000 people are now enrolled in at least one self-exclusion program. The figures were included in the PGCB’s latest annual report, which … DraftKings is facing a proposed class-action lawsuit alleging the sportsbook used AI to identify customers who were more likely to respond to promotions designed to increase their betting activity. The lawsuit, filed earlier this week in the U.S. District Court for the District of Massachusetts, was brought by West Virginia resident Daniel Vest. Vest alleges that DraftKings used AI to analyze user behaviour, identify certain bettors as more responsive to … DraftKings shares fell to their lowest level in more than three years on Oct. 1, extending a difficult stretch for the online sportsbook operator and reflecting broader concerns across the sports betting sector. The company’s stock dropped as low as $18.58 during trading after closing the previous day at $19. According to industry reports, that marked the stock’s lowest closing level since April 2023. The decline continues a sharp downward … Ohio’s latest iGaming push is more likely to be finalized in 2027. Rep. Brian Stewart, a sponsor of House Bill 298, discussed the proposal during a recent iDEA Power Lunch Summit webinar, outlining some of the obstacles that continue to stand in the way of legalization. Those concerns include the effect of online casinos on existing gaming properties and the issue of problem gambling. With the current legislative session coming … Shufti has launched a new geolocation compliance product aimed at regulated sportsbooks and online casinos. The product combines identity verification with location monitoring, allowing operators to confirm both who a customer is and whether that person is physically located in an approved jurisdiction. The launch gives operators another potential geolocation provider in an area of the industry where GeoComply has established a major presence. Shufti’s product uses device-level geolocation along …
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
Pennsylvania Gambling Self-Exclusions Rise as Revenue Tops $7B
DraftKings Faces Lawsuit Over Alleged AI Use to Target Bettors
DraftKings Stock Falls to Three-Year Low as Market Concerns Mount
Ohio iGaming Legalization More Likely in 2027
Shufti Launches Geolocation Tool for US Betting Operators
Illinois sportsbooks continued a lengthy streak of strong wagering activity in July, surpassing the $1 billion handle mark for the 12th consecutive month. According to figures released by the Illinois Gaming Board, bettors wagered approximately $1.05 billion during the month, representing a 21.7% increase compared to July 2025. The latest results demonstrate the continued strength of one of the largest legal sports betting markets in the United States. July is … New Jersey lawmakers are considering changing how the state penalizes underage gambling. Under Senate Bill 597, gambling at a licensed casino or simulcasting facility while under 21 would no longer be treated as a disorderly persons offense. Instead, violations would carry civil fines that increase for repeat offenses. The proposal would also change the penalties for casino employees who knowingly allow an underage person to gamble and adults who permit … DraftKings CEO Jason Robins is defending the company’s responsible gaming practices as regulators take a closer look at how they’ve used AI. Speaking at the SBC Summit in Lisbon on Sept. 29, Robins addressed recent criticism surrounding DraftKings’ marketing and player protection practices. His comments came after reports from The New York Times and ProPublica raised questions about the operator’s use of AI. At the same time, the Michigan Gaming … FanDuel parent Flutter Entertainment is facing mounting pressure after its stock fell to a record low, highlighting concerns about the company’s global growth strategy and challenges in the U.S. market. The decline follows a series of regulatory setbacks overseas, increased spending tied to customer acquisition, and growing competition within sports wagering. While FanDuel remains the dominant sportsbook operator in the United States, investors are becoming increasingly focused on profitability and … The Pennsylvania Gaming Control Board has handed out more than $100,000 in penalties as part of its latest round of enforcement action. The PGCB announced that MGM Resorts International and CountR GmbH agreed to separate settlements over licensing violations recently approved last week. MGM Resorts was fined $50,250 after failing to submit a Principal Licensing application on time. The operator is one of the world’s largest gaming and entertainment companies, …
Illinois Sports Betting Extends Billion-Dollar Run as World Cup Fuels July Growth
New Jersey Bill Would Replace Underage Gambling Crimes With Civil Fines
DraftKings Defends Its Responsible Gaming Policy
Flutter’s Challenges Deepen As FanDuel Parent Reaches New Stock Low
Pennsylvania Gaming Control Board Fines MGM Resorts, CountR
