A new study from Baptist Health South Florida warns that the rapid expansion of prediction markets and sports betting is driving riskier gambling behavior, with mental health consequences that are only beginning to surface.
Colorado lawmakers sent SB 131 to the governor, a first-of-its-kind bill that would limit how many deposits a gambler can make per day in a sports betting app and ban push notifications that solicit bets.
CFTC Chairman Michael Selig confirmed at the FINRA conference that his agency is negotiating data-sharing agreements with all major professional sports leagues, following a March MOU with Major League Baseball.
Global payments platform Paysafe announced the launch of Pay with Crypto, a new cryptocurrency payment option designed specifically for iGaming operators and daily fantasy sports brands in the US market.
DraftKings has added a parlay-style Combos feature to its Predictions platform, allowing users to bundle up to six event contracts into a single trade.
A class action lawsuit filed in federal court claims Kalshi’s event contracts constitute illegal gambling under Kentucky law and seeks recovery of losses under the state’s gambling loss recovery statute.
Sen. Adam Schiff warned at a Brookings Institution event that prediction markets are becoming indistinguishable from unregulated sports gambling and accused CFTC Chair Mike Selig of contradicting earlier commitments.
Michigan lawmakers from both parties voted to remove Gov. Gretchen Whitmer’s proposed per-wager sports betting tax from the state budget, rejecting a revenue plan that would have generated an estimated $39 million annually.
New Jersey Assembly Bill 4003 passed a key committee vote unanimously and would prohibit sportsbooks from offering bonus bets, deposit matches, or promotional credits to any bettor who has activated responsible gaming protections.
A bipartisan group of five congressional members sent letters to the CEOs of ten sportsbook and prediction market companies on May 11, demanding demographic data on users aged 18-24 and a formal briefing by May 29.
Connecticut lawmakers passed HB5229 with overwhelming margins, sending a sweeping gambling reform package to Gov. Lamont that bans AI-driven personalized promotions, restricts credit card deposits, and mandates new consumer protections if signed.
Missouri’s March 2026 sports betting figures give the clearest look yet at what the market’s baseline really is — and what the ongoing tax rate debate means for the state going forward.
