Texas lawmakers are examining whether prediction markets offering sports event contracts should fall under the state’s gambling restrictions, setting up a debate over the boundary between federally regulated financial products and sports wagering. The Texas Senate Committee on State Affairs held a hearing on September 15 to examine prediction markets, with particular attention to contracts tied to sporting events and...
Five of the largest professional sports leagues in the United States and their respective players associations have jointly called on state gaming regulators to adopt stronger measures against sports bettors who harass or threaten athletes, coaches, officials, and their families. In a letter (pdf) dated September 15 and sent to gaming regulators across the country, representatives of Major League Baseball...
New research published by the UK Gambling Commission has questioned whether simply making information available gives consumers enough support to make informed gambling decisions. The study found that product design and pace of play can affect a player’s ability to make choices once gambling is underway. Emotional state can also influence how consumers understand and act on information. The Behavioural...
IGT has selected Adam Chibib as its next chief financial officer, with the appointment scheduled to take effect on November 1, 2026, subject to required regulatory approvals. Chibib will replace Fabio Celadon, who will remain CFO through October 31 before moving into an advisory role through December 31 to assist with the handover. The change comes as IGT continues a...
Michigan’s online casino market keeps setting a fast pace, but Detroit’s three commercial casinos are still bringing more money through their physical gaming floors than they did a year ago. July offered a good example. MGM Grand Detroit, MotorCity Casino and Hollywood Casino at Greektown generated a combined $111.64 million from table games and slots, according to the Michigan Gaming...
The opening week of the 2026 NFL season delivered a sharp increase in prediction market activity, with Kalshi setting consecutive daily volume records and several competing platforms reaching their own milestones. Kalshi recorded $2.426 billion in total volume on Saturday before edging past that figure with $2.433 billion on Sunday. Multi-leg contracts contributed heavily to both records, while football generated...
Stake has halted access for customers in Ireland after discussions with the country’s gambling regulator, becoming one of the most prominent operators affected by the nation’s new licensing framework. The move follows engagement between Stake and the Gambling Regulatory Authority of Ireland (GRAI), which recently assumed oversight of the gambling sector and introduced a licensing system for remote betting operators....
FanDuel has apologized to daily fantasy sports players and issued compensation after a technical failure disrupted its Daily Fantasy Sports (DFS) platform ahead of the opening Sunday of the 2026 NFL season. The outage occurred in the hours before the first wave of Week 1 games, leaving many users unable to modify lineups, access contests, view player information, or complete...
The Dutch Gambling Authority has called for stronger European cooperation against illegal gambling, arguing that the Netherlands lacks the scale to confront internationally operating gambling businesses and the infrastructure supporting them on its own. NEXT.io reported on the warning on September 14, citing a September 11 blog post published by the Kansspelautoriteit (KSA), in which chairman Michel Groothuizen reflected on...
Bally’s Corporation has secured $560 million in new financing for its Bronx casino development while reaffirming plans to open its permanent Chicago resort in early 2027. The two updates arrived on the same day as the company works through major development commitments in New York and Illinois. According to Bally’s September 14 announcement, WhiteHawk Capital Partners is leading the financing...