News Blog - Page 2 of 14

Meta CEO Mark Zuckerberg has reportedly told company leaders to explore possible partnerships with prediction market companies Polymarket and Kalshi. At the same time, Meta is building its own prediction markets app, called Arena. According to reports, Zuckerberg has made the project a top priority. If Meta enters this market, it could bring prediction-style games to millions of users. Zu...

A House committee approved a bill on Wednesday that would stop members of Congress and their immediate family from trading on political prediction markets. Supporters say the bill would help prevent conflicts of interest, but Democrats argue it does not go far enough. What the Bill Would Do HR 9367 was introduced by House Administration Committee Chair Bryan Steil (R-Wis.). It would s...

Caesars Entertainment has announced a new partnership with three Wabanaki nations to bring online casino gaming to Maine. The deal expands the company's current sports betting business, which launched in the state in 2023. The partnership was announced on June 25. If state regulators approve the final rules, Caesars hopes to launch its online casino platform sometime in 2026. Building on ...

The 2026 FIFA World Cup is expected to be the biggest sports betting event in US history. Sportsbooks including BetMGM, DraftKings, and FanDuel are competing with prediction market platforms Kalshi and Polymarket for new customers. With the tournament in North America, operators hope to attract first-time bettors. Sportsbooks Turn to Soccer Stars To stand out from competitors, sportsbo...

Vegas Golden Knights owner Bill Foley has officially joined the race to bring an NBA team to Las Vegas. According to reports, Foley has launched a bid for an NBA expansion franchise, adding another major step in the city’s rise as a professional sports destination. Foley helped build the Golden Knights into one of the NHL’s top teams and now hopes to do the same in basketball. As Las Vegas c...

Las Vegas has become one of the top places in the United States to watch and bet on the tournament.Major casino companies have developed plans that include large viewing areas, themed pool parties, and expanded sportsbook options. Their goal is to turn the month-long event into a complete entertainment experience for visitors. For sports bettors, this means more than simply watching soccer m...

A coalition of gaming groups, tribal nations, and labor unions is urging the Senate to block prediction market platforms from offering sports and casino-style contracts. In a June 16 letter, the groups asked lawmakers to add language to the Digital Asset Market Clarity Act, arguing the platforms expand gambling without following state regulations. A Unified Front Across a Divided Industry...

Ivory Coast striker Elye Wahi has been barred from entering Canada for his team's World Cup match against Germany after being arrested in France as part of a match-fixing investigation. Authorities are examining allegations that he intentionally received a yellow card during a league match. Wahi has not been charged as of June 19, but the investigation continues. The Arrest and the Allega...

A recent Fox Sports clip showed a perfect example of how VAR can affect sports betting. Lionel Messi appeared to score a goal, but after a video review, officials ruled him offside and canceled the goal. For bettors, that one decision changed everything. Bets on total goals, correct score predictions, and same-game parlays were impacted instantly. The moment showed how soccer betting can be ...

The Commodity Futures Trading Commission (CFTC) has sued New Mexico after the state tried to block prediction market operator Kalshi. New Mexico claims Kalshi offers unregulated sports betting, while the CFTC argues the platform falls under federal regulation and is subject to the agency’s exclusive authority under commodities law. New Mexico's Case Against Kalshi, and The CFTC Fires Back...

The FIFA World Cup is in full swing, but The Sports Geek is just heating up with an exclusive and free contest. The $5K One Cup gives you the chance to win a cool $5,000; all you have to do is make the correct picks! Let's talk about how the whole thing works, what games will be part of it, and how to join: The $5K One Cup: How it Works You need make the correct picks from three games on...

The X Games is changing the way it runs its competitions by launching the X Games League, a new team-based touring series. Unlike traditional X Games events, which happen only a few times each year, the new league will feature teams competing throughout an entire season. One of the main goals of the league is to make action sports more appealing to sports bettors. By creating teams, regular ...

A federal judge has rejected a last-minute lawsuit that sought to stop UFC Freedom 250, a major mixed martial arts event scheduled to take place on the White House South Lawn. On Friday, U.S. District Judge Amit Mehta ruled that the people who filed the lawsuit did not show enough legal grounds to block the event, allowing it to continue as planned. The Lawsuit, and Why It Failed Two Virg...

Federal regulators have taken their first major step toward regulating prediction markets. On June 10, 2026, the Commodity Futures Trading Commission (CFTC) released a proposed rule that would ban contracts tied to terrorism, assassinations, and war. The proposal is the agency’s first formal effort to create clear rules for the growing prediction markets industry, which allows people to trad...

North Carolina's sports betting market continues its remarkable run, with bettors wagering more than $561 million in May 2026, marking the ninth straight month the state has surpassed the $500 million threshold. The milestone arrives as state budget negotiators have quietly agreed to hike the tax rate on licensed operators from 18% to 23%, a move that has drawn sharp pushback from the indust...