Underdog buys Aristotle exchange licenses to launch US sports prediction market Suswati Basu Underdog is moving deeper into prediction markets after buying two federally regulated exchange entities, a step that will allow the sports gaming company to operate its own U.S. marketplace for event-based contracts. The New York-based firm said Monday (March 9) … Continue reading Underdog buys Aristotle exchange licenses to launch US sports prediction market
Dabble expands into Colorado as social fantasy sports footprint keeps growing Suswati Basu Dabble is pushing further into the United States, adding Colorado to its growing list of live markets. The Austin-based daily fantasy sports app said on Monday (February 23) that players in Colorado can now access its platform, making it the … Continue reading Dabble expands into Colorado as social fantasy sports footprint keeps growing
UK targets unlicensed gambling sponsors in major sports crackdown Suswati Basu The UK government is preparing to tighten the rules on who can sponsor the country’s biggest sports teams, with ministers setting out plans to stop unlicensed gambling companies from striking sponsorship deals with clubs, including those in the Premier League. Culture Secretary … Continue reading UK targets unlicensed gambling sponsors in major sports crackdown
Oregon class action lawsuit targets Kalshi over alleged illegal sports betting platform operations Suswati Basu Prediction market company Kalshi is now battling a string of class action lawsuits that accuse it of operating what amounts to unlicensed sports betting. The cases, filed in several states, argue that the company’s online trading platform crosses … Continue reading Oregon class action lawsuit targets Kalshi over alleged illegal sports betting platform operations
Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions Suswati Basu Connecticut Governor Ned Lamont is pushing to tighten oversight of prediction markets, rolling out a bill that would block anyone under 21 from using the platforms or seeing ads aimed at them. The proposal lands as state regulators are already … Continue reading Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions
Underdog launches team parlays to challenge multi-pick sports betting markets trend Brian-Damien Morgan Suswati Basu Betting and stats giant Underdog has launched a new team parlays feature to rival the growing trend of multi-pick wagers on event contracts. A traditional Same Game Parlay (SGP) in the licensed sports betting world includes lines … Continue reading Underdog launches team parlays to challenge multi-pick sports betting markets trend
January 31, 2026 Why a Tennessee proposal to ban sports betting on campus is too little, too late
Alabama class action lawsuit aims to take down sports betting push by Kalshi Joel Loynds Suswati Basu A class action lawsuit has been filed in Alabama against Kalshi over what the plaintiffs claim is an illegal sports wagering website. Alabama is notoriously strict with its gambling laws, with it outright banned … Continue reading Alabama class action lawsuit aims to take down sports betting push by Kalshi
BetMGM and St. Louis Blues embark on official sports betting partnership Rachael Davies Suswati Basu BetMGM is now the official sports betting partner of the National Hockey League’s St Louis Blues in a new multi-year agreement. The announcement of the new partnership between the St Louis Blues and BetMGM promises exclusive fan … Continue reading BetMGM and St. Louis Blues embark on official sports betting partnership
Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts Brian-Damien Morgan Suswati Basu Robinhood has launched a new custom sports betting offering called “Custom Combos,” which allows multiple selections to be added to a single fixed-odds contract. The terminology of the custom contract is a noticeable move away from … Continue reading Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts
