NEW YORK – Matthew Modabber has reportedly been fired by Polymarket. He had been the prediction market’s Chief Marketing Officer. Modabber was reportedly fired following an internal investigation into multiple incidents. The investigation primarily focused on a social media advertising campaign that showed fake trades … Read more
OTTAWA – Canadian lawmakers are a week away from deciding whether Ottawa should limit sports betting ads nationwide. The two provinces with open online markets want no part of it. The House of Commons Heritage committee is set to vote next week on Bill S-211, … Read more
DETROIT – States are capitalizing on their Sixth Circuit win against Kalshi, which opened the door for states to enforce their gambling laws against sports-event contracts. Michigan, Ohio, and Kentucky ramped up their enforcement battles with prediction market operators in recent days. Michigan Wants Kalshi … Read more
The Ohio Casino Control Commission issued cease-and-desist letters to prediction market operators like Underdog and Polymarket for unlicensed sports betting.
COLUMBUS, Ohio – August Ohio sports betting revenue totaled $58.3 million, with online sportsbooks carrying the bulk of it at $57.3 million. While August 2026 was the second-best August in Ohio sports betting history, it’s the weakest revenue month of the year. August marks eight … Read more
Revenue fell 19.9% to $58.3 million as hold dropped from 11.0% to 9.1%, with gross receipts down 3.8%. All seven operators with more than $20 million in gross receipts posted a lower hold than in August 2025. FanDuel posted the most revenue at $20.7 million, … Read more
The panel found Kalshi’s sports contracts are not swaps because their events carry no inherent financial, economic or commercial consequence. The Commodity Exchange Act would leave both states’ gambling laws intact even if the contracts counted as swaps, the court held. Kalshi lost its bid … Read more
AUSTIN, Texas – Arch Manning is set to redeem himself after a poor performance against the Ohio State Buckeyes last season. Arch Manning props at college football betting sites set his passing yards total at a respectable 247.5-yard line. Arch Manning Passing Yards Prop The … Read more
BROOKLYN, N.Y. – Underdog daily fantasy sports drafts like their best ball drafts will no longer be available in seven states after Wednesday’s NFL Kickoff. Underdog Drafts will be shut down in Massachusetts, Maryland, Michigan, New Jersey, Pennsylvania, and Ohio as the company shifts their … Read more
HISA’s proposed 2027 budget totals $72,730,613, down about 5.75% from the $77.17 million assessed for 2026. Racing pays $449.97 for every start, spread across 161,635 covered starts in 19 states. Sample-collection credits of $16.24 million would cut what the industry actually remits to $56,488,543. Public … Read more
COLUMBUS, Ohio – A rule change to ban Ohio sportsbooks from accepting credit card deposits was unanimously moved forward by the Ohio Casino Control Commission (OCCC) on Wednesday. While many Ohio sports betting operators already ban credit card deposits, efforts to pass a statewide ban … Read more
BATON ROUGE, La. – Legislators in Louisiana are making big strides to uphold sportsmanship amongst sports bettors, sending a bill against sports betting related harassment of athletes to the desk of Governor Jeff Landry. SB 325 – which aims to “exclude certain persons from participating … Read more