News Blog - Page 2 of 16

New evidence from Canada’s regulated online gambling market shows a growing problem. More teenagers are accessing regulated sports betting and casino apps, sometimes with help from their parents. Recent survey data shows a sharp increase in teen online gambling in Ontario. The trend could also provide a warning for US states that have quickly expanded regulated sports betting. Parents Are...

Prediction market platform Kalshi has secured sponsorship deals with two of Major League Baseball’s most valuable teams: the Los Angeles Dodgers and Boston Red Sox. However, neither team issued a press release or made a major social media announcement. The quiet rollouts took place in August 2026 and appear to be intentional. Teams may be trying to avoid the online backlash that other MLB cl...

Former NBA center Enes Kanter Freedom was removed from Wintrust Arena in Chicago on Sunday, August 23, after a heated courtside confrontation with Chicago Sky guard Natasha Cloud. The incident happened during a game between the Sky and Indiana Fever. It was the latest development in a months-long debate over transgender participation in women’s sports that has put increased attention on the ...

Jannik Sinner has officially withdrawn from the 2026 U.S. Open due to a right knee injury, the world No. 1 confirmed in a statement Friday. The news lands less than 24 hours after Carlos Alcaraz announced his return to competitive tennis at the same tournament. With the sport's two dominant forces now trading places, the men's draw at Flushing Meadows looks dramatically different heading int...

The NHL and FC Bayern Munich have announced a multiyear partnership designed to grow hockey in Germany while helping Bayern reach more fans in North America. The deal was announced August 20, 2026, at Bayern's training facility in Munich. German NHL stars Leon Draisaitl and JJ Peterka joined Bayern star Alphonso Davies for the announcement. The partnership is a major part of the NHL's plan ...

A Memphis economics professor and horse owner could be banned from thoroughbred racing for life after the Horseracing Integrity and Safety Authority charged him with fraud. The Horseracing Integrity and Safety Authority (HISA) says Marshall Gramm accessed private health and performance records for horses he later claimed at Churchill Downs. Charges filed August 17, 2026, say Gramm viewed dat...

A federal investigation into alleged tax fraud is pushing sports investor Mark Walter to sell assets quickly. Walter, a Chelsea FC co-owner and former Los Angeles Lakers owner, is considering selling his Chelsea shares to majority partner Clearlake Capital. The move could give the firm almost complete control of Chelsea. A Federal Investigation Driving the Fire Sale Walter's legal trou...

A one-of-one Macklin Celebrini rookie card sold for $1.28 million USD through Goldin Co. The sale, reported on August 16, 2026, set a public record for a hockey card that does not feature Wayne Gretzky. It also pushed Celebrini's card above public sales tied to several NHL stars. A Record That Rewrites Hockey Card History Prices climbed. Celebrini's 1/1 card is the only copy of its kin...

Two Mississippi State football players were flagged for sports betting violations in February after making small wagers on the Super Bowl and NBA All-Star weekend. NCAA monitoring software caught both players quickly. Both received Level III violations, the NCAA's lowest enforcement level, and penalties. How ProhiBet Caught the Players Almost Instantly; What Did They Bet On? ProhiBet f...

Flight-tracking company FlightAware withdrew its lawsuit against prediction market Kalshi on August 12, less than a day after filing it. FlightAware had accused Kalshi of using its data and brand name without permission for markets tied to U.S. flight cancellations. Neither company explained why the lawsuit ended so quickly. A Lawsuit That Lasted Less Than 24 Hours FlightAware filed th...

The Horseracing Integrity and Safety Authority (HISA) has opened an investigation into races held August 9 at Saratoga Race Course in New York and Monmouth Park in New Jersey. The case focuses on unusual changes in performance and betting patterns tied to five horses with connections to the Fair Hill training center in Maryland. HISA confirmed the investigation on August 11, 2026, after conc...

Three members of Congress are calling on Major League Baseball and its players union to change their gambling endorsement policies. The request comes after FanDuel reportedly used a personalized video featuring Philadelphia Phillies star Bryce Harper in a VIP promotion for a man who said he lost about $1.5 million gambling on the platform. The lawmakers sent a formal letter to MLB and the ML...

Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin are close to buying roughly one-third of Liverpool Football Club as part of an investor group. Fenway Sports Group, which has owned Liverpool since 2010, could announce the deal as soon as this week. The transaction would value the club at about $6 billion, making it one of the largest ownership deals in professional soccer hi...

Two of Ohio's three major candidates for governor have publicly supported expanding online gambling, but Republican nominee Vivek Ramaswamy has stayed quiet on the issue. The next governor will decide whether Ohio regulates online casinos, internet horse race betting, and iLottery games. That decision could shape one of the state's biggest industries for years to come. A Billion-Dollar Qu...

The New York Mets have become the first Major League Baseball team to sign an exclusive prediction market partnership. The club announced a multi-year deal with Novig on Thursday, showing that prediction markets are becoming a bigger part of professional sports. The agreement comes only months after MLB named Polymarket as its official league-wide prediction market partner. Together, the dea...