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Sensor Tower: Kalshi’s Rise Could Stoke Mid-Tier Sportsbook M&A

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April 02, 2026 21:11

Kalshi experienced a boom in Q1 monthly active users, reports Sensor Tower Sportsbooks, including some large ones, lost ground Mid-tier sportsbook operators could consider combinations to protect market share Kalshi added monthly active users (MAUs) at a brisk pace in the first quarter with some of the gains coming at the expense of sportsbooks. In […]

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Does Cousins’ Raiders Deal Signal The End of Mendoza’s Draft Speculation?

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April 02, 2026 19:17

Media reporting said Kirk Cousins free agent deal with Las Vegas could work out to five years, $172 million Vegas Raiders expected to select Heisman Trophy-winning QB Fernando Mendoza in the NFL Draft later this month Mendoza -20000 to go No. 1 in the draft to the Raiders With Heisman Trophy winning-QB Fernando Mendoza the odds-on […]

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CFTC Sues Illinois Over State’s Plan to Regulate Prediction Markets

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April 02, 2026 17:01

It’s the first time the feds have sued a state relating to prediction markets regulation Federal preemption is a cornerstone of the commission’s case against the state The CFTC wants the court to rule that federal laws supersede state gaming regulations The Commodity Futures Trading Commission (CTFC) is suing Illinois over its plans to regulate […]

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Fake Dragon Z6 Executive Exposed in Croatia Soccer Sponsorship Deal

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April 02, 2026 16:41

Croatia sponsorship exposed after fake executive identified as academic Dragon Z6 tied to opaque offshore gambling and rebranding networks Football deals used to target illegal betting markets in Asia When Croatia’s national soccer team signed a deal with Asian-facing bookmaker Dragon Z6 ahead of this summer’s World Cup, the operator sent along a representative, “Alexander […]

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William Hill Glitch Row Grows as 35,000 Told To Repay Incorrect Jackpots

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April 02, 2026 00:09

35,000 jackpot payouts triggered by major William Hill software glitch Players report six-figure wins before accounts frozen and funds disputed Total financial exposure likely tens of millions, not hundreds A software glitch meant that William Hill UK paid out 35,072 online slot jackpots compared with just 518 over the equivalent period a week earlier, according […]

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Star Completes Brisbane Casino Stake Sale to Ease Debt Burden

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April 01, 2026 21:20

Star sells Brisbane stake at fire-sale price to ease debt burden Deal eliminates $1.4bn debt but cuts long-term revenue potential Gold Coast consolidation follows Bally’s-backed rescue and refinancing efforts Star Entertainment (ASX: SGR) has officially disposed of its ownership of the $3.6 billion Queen’s Wharf Brisbane, selling its 50% stake for just $53 million to its […]

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CFTC Pledges Crackdown on Prediction Markets Insider Trading

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April 01, 2026 18:46

Prediction markets licensed and regulated by the CFTC must work to eradicate insider trading Enforcement Director takes insider trading “extremely seriously” Limiting insider trading on prediction markets is a primary concern at the CFTC The newly appointed director of enforcement at the Commodity Futures Trading Commission (CTFC) has pledged to “vigorously” crack down on insider […]

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Analyst: DraftKings May Have Q1 Tailwinds But 2026 Guidance Reachable

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April 01, 2026 17:57

A pair of upsets may have provided some relief for DraftKings Analyst lifts Q1 EBITDA estimate to $154 million Says company’s full-year guidance is attainable The NCAA’s March Madness Tournament is likely to have a neutral impact on DraftKings’ (NASDAQ: DKNG) first-quarter results, Citizens Equity Research (CER) analyst Jordan Bender has claimed. In a note […]

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Japan Casino Bidding Period To Resume in May 2027

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April 01, 2026 16:52

Japan will reopen bidding for casino licenses in May 2027, ending in November 2027 The country can grant two additional gaming concessions MGM Osaka is scheduled to open in 2030 Japan is set to resume the licensing of its two remaining integrated resort (IR) casinos in May 2027, operating a seven-month window for applications, the […]

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Jefferies Analyst: Prediction Markets Likely Facing SCOTUS Loss in 2027

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April 01, 2026 16:22

Jefferies analyst breaks down four scenarios in which Kalshi could notch losses in Supreme Court losses He ranks the risks of Kalshi losing those cases as “medium,” “high” and “very high” He adds the high court is likely to hear prediction market cases in 2027 Prediction Market operators Crypto.com, Kalshi, Robinhood Markets (NASDAQ: HOOD) and […]

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