Detroit’s casino trio hauls in $114.09M in May: sports betting chips in $800K
Summer slowdown? Not in Detroit: Casinos haul in $114M in May, sportsbooks bank $800K as bets keep rolling in.
Sports Betting Industry News
Our sports betting industry news section is your home for the latest developments in the fast-moving world of sports wagering and more. From regulatory changes and tax policy updates to market expansions and innovative betting platforms, our news releases and articles deliver timely insights to keep you informed. Whether you're a bettor, operator, or industry enthusiast, our news coverage helps you navigate the dynamic sports betting landscape.
FanDuel, CME launch Predicts app, offering sports event contracts in non-betting states
FanDuel Predicts, the new prediction markets platform from FanDuel and CME Group, launches in five states: Alabama, Alaska, North Dakota, South Carolina, and South Dakota.
Tennessee regulators escalate offshore crack down: BetDSI, BetNow fined $50K
The Tennessee Sports Wagering Council has fined offshore operators BetDSI and BetNow $50,000 each, pushing total penalties against illegal sportsbooks to $800,000.
Fanatics launches Fanatics Markets in partnership with Crypto.com
Fanatics Markets launches in partnership with Crypto.com: CFTC-regulated platform for trading event contracts on sports, finance, politics, and more. Now live in 24 states.
Hard Rock Bet cleared for Michigan launch as tribal resort digital partner
Hard Rock Bet has officially launched in Michigan, partnering with Island Resort & Casino and the Hannahville Indian Community to offer regulated online casino gaming and sports betting statewide.
Missouri sports betting officially launches December 1: legal wagering now live statewide
Missouri sports betting is live as of December 1, 2025. Learn the launch details, age rules, tax benefits and how to place legal wagers statewide.
FanDuel and CME Group team up for sports-focused prediction markets
Prediction markets offered through the FanDuel Predicts app will provide customers the ability to trade event contracts on global benchmarks and economic indicators, with sports outcome contracts available in non-online sports betting states.
DraftKings enters Puerto Rico with Foxwoods sportsbook launch
For Puerto Rican sports fans, the launch introduces major operator competition to the Caribbean market. For the industry, it signals a potential regional arms race as operators seek growth beyond saturated mainland territories.
Betbazar partners with STATSCORE to enhance live sports data solution
Betbazar to integrate STATSCORE’s LivematchPro and PrematchPro into Betbazar’s global operator network to deliver advanced, data-driven betting solutions.
Novig raises $18M in Series A to expand P2P sports prediction market
Novig, a U.S. peer-to-peer sports prediction market, secures $18M in Series A funding led by Forerunner, with support from Y Combinator, NFX, Perceptive Ventures, and Gaingels, to fuel its skill-based sports trading app.