News Blog - Page 2 of 15

Andrea Pirlo has pulled out of the race to become Italy's next national team coach after facing heavy criticism over his role as a global ambassador for Russian sportsbook Fonbet. The former Italian star announced Monday that he was no longer interested in the position. His decision came just days after politicians and European leaders questioned whether he should lead the national team beca...

Nevada lawmakers have introduced a bill that would ban prediction markets from operating in the state. The move is one of the strongest actions yet against an industry that has grown quickly and blurred the line between investing and sports betting. If passed, the bill would place Nevada at the center of the national debate over who should regulate prediction markets. Supporters say these pl...

An independent sports integrity group challenged FIFA's claim that the 2026 World Cup had no suspicious betting activity. The Group of Copenhagen issued seven betting alerts, including one involving Polymarket and US striker Folarin Balogun. The disagreement has raised new questions about betting oversight during the tournament. FIFA Says Clean, Independent Body Says Otherwise FIFA ann...

Spain won the 2026 FIFA World Cup on July 19 thanks to Ferran Torres' extra-time goal. The victory also ended the biggest prediction market event ever. More than $6 billion was traded across major prediction market platforms during the tournament, showing how quickly this form of sports wagering is growing in popularity. Record-Breaking Numbers Across Every Platform The 2026 World Cup ...

UK horse racing leaders warn that proposed gambling sponsorship restrictions could seriously hurt the sport's finances. Officials say racing deserves an exemption because betting funds much of the industry. A ban could reduce prize money, weaken race quality, shrink betting pools, and affect US bettors who wager on British horse racing. Horse Racing Depends on Gambling Revenue The Guar...

The Arizona Cardinals front office executive Ryan Gold has been suspended after the NFL found the official violated the league's gambling policy and leaked confidential draft information. The punishment is another example of the NFL cracking down on gambling-related misconduct as regulated sports betting continues to grow across the United States. The league has increased its focus on protec...

Pennsylvania lawmakers and regulators are facing a difficult decision. Should they act quickly to reduce problem gambling, even if it means collecting less tax revenue? Or, should they protect the money gambling brings into the state, even if stronger safeguards take longer to put in place? A new report says this is one of the biggest challenges facing Pennsylvania's gambling industry. It al...

A legal battle between Michigan and the CFTC over Kalshi is escalating after federal regulators blocked the company from canceling completed sports contracts. The case could determine whether states or the federal government have authority over prediction markets. Michigan Court Fires the First Shot The legal fight started when Michigan Attorney General Dana Nessel sued Kalshi. The sta...

Pennsylvania lawmakers have left Harrisburg for the summer without deciding the future of skill game machines. That leaves thousands of bars, veterans' organizations, convenience stores, and other small businesses facing uncertainty. The Pennsylvania Supreme Court has set an October 13 deadline. If lawmakers do not pass a law before then, skill games will become forbidden. State Police are a...

English golfer Matt Fitzpatrick is sounding the alarm on a troubling trend sweeping professional golf: fans abusing players, both in person and online, because of lost bets. Speaking ahead of The Open Championship at Royal Birkdale, Fitzpatrick described the behavior as "ridiculous" and warned it is "becoming a problem" that could start affecting tournament outcomes. A Problem Golf Can No...

Philadelphia Phillies star Bryce Harper says FanDuel used a personalized Cameo video he recorded without his knowledge or permission. The video was reportedly given to a VIP customer who claims he lost more than $1.5 million through gambling. Harper shared his response on Instagram before MLB All-Star festivities. He said FanDuel violated his trust by turning a personal fan message into a ga...

A federal judge in Manhattan has ruled that New York can continue enforcing its gambling laws against prediction market platform Kalshi. The decision is a major setback for the company and adds to the growing legal fight over who should regulate prediction markets. U.S. District Judge Analisa Torres ruled that the federal Commodity Exchange Act does not override New York's gambling laws for ...

Britain's gambling regulator is introducing new financial checks for people who spend large amounts gambling online. Supporters say the rules could help protect people from serious financial harm. Critics argue they go too far and could push bettors toward unregulated gambling websites. The new policy has already sparked debate in the UK, and it could influence future gambling rules in the U...

North Carolina could soon make history. A new section in the state's budget bill would make it the first state to officially allow prediction market companies to operate and pay taxes. The proposal passed both chambers of the legislature in just two days and is now waiting for Gov. Josh Stein to decide whether to sign it into law. What the Budget Proposal Would Do, and Lower Tax Rate Rais...

Ohio sports bettors could face the nation's most restrictive betting environment under a new legislative proposal. State lawmakers have introduced a bill that would eliminate online wagering entirely and ban most popular bet types. The measure would prohibit college sports betting, parlays, player props, and live betting. Only retail sportsbooks would remain regulated if the bill passes. Th...