Betting
SBJ Betting: Golf’s got the wind at its back
With four days for most tournaments, golf's becoming a strong bet with gamblers, and it's also rising in the uncreating waters of prediction markets. Also: Bet365's position among sportsbooks and BetMGM continued attacks on prediction markets.
March Madness hasn’t given states a handle lift (so far)
Too-early-to-tell totals from regulators in the handful of states that have reported March results so far show the Madness was a bit less mad than last year, with the more populous states down 5% or more compared to 2025. New Jersey was down 9%, New York was down 5% and Indiana was down 6%. Maryland...
BetMGM’s Adam Greenblatt: Prediction markets ‘throwing money at’ sports media properties
BetMGM CEO Adam Greenblatt continued to swipe at prediction market operators — a field that now notably includes sportsbook competitors DraftKings, FanDuel and Fanatics — during his quarterly earnings call Tuesday.
Bet365’s launch in Michigan puts it on the podium
Friday morning’s launch of Bet365 in Michigan, where the sportsbook has signed sponsorship deals with the Tigers and Red Wings, brings the global operator’s U.S. footprint to 17 states, with plans to expand further.
Volume sums up golf’s strength with sports bettors, prediction markets
Word that U.S. sports predictions market dominator Kalshi popped a record volume number on last weekend’s Masters got me thinking about why golf seems to be punching above its weight on that prediction market, and whether there’s a takeaway that says something about the sport’s potential as a bettin...
Bet365 launches in Michigan, signs on with Tigers and Red Wings
Bet365 launches its sportsbook app in Michigan Friday behind a Tigers sponsorship that includes in-park and virtual signs, odds integrations as presenting sponsor of Tigers broadcasts on Detroit SportNet and promotion on team radio and digital channels.
Nevada, Kalshi agree to extend temporary ban on operations in state
The state of Nevada and Kalshi have “agreed to extend” a temporary ban placed on the prediction market for “another week while the sides work out the language for a longer ban,” according to Howard Stutz of the NEVADA INDEPENDENT. Kalshi’s temporary ban in Nevada was set to expire Friday. The news c...
Betting super PAC likely to be among ’26 election cycles top spenders
The $41M total raised by Win for America -- a new super PAC supporting sports betting legalization efforts -- through its most recent reporting period signals that the group is “likely to be one of the biggest spenders in the 2026 election cycle,” according to Schleifer & Vogel of the N.Y. TIMES...
Ohio gambling regulators intend to fine Kalshi
Ohio state gambling regulators said that they “intend to” fine prediction market operator Kalshi $5M for “being an unlicensed sportsbook.” The proposed fine is the “latest salvo in a battle playing out in Ohio and other states” over the N.Y.-based company’s “argument that its sports offerings are fe...
Major sportsbooks fund $48M PAC to support legalization efforts
Several major sportsbooks have “contributed tens of millions of dollars to a new super PAC to support sports betting throughout the country,” according to Nathan Bomey of AXIOS. Traditional sportsbooks have been “advocating for broader legalization amid rising competition with prediction markets” li...
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Quote of the Day
Of all the things I’m worried about, World Cup tickets selling below face value isn’t one of them.-- Eagle Point Credit Management founder & Managing Partner Thomas Majewski, on why his firm felt it was a safe bet to back Sports Illustrated Tickets' plan to purchase World Cup tickets and resell them.
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