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BetMGM said a more targeted marketing strategy helped lift third-quarter revenue even as active player counts declined, with executives pointing to rising pressure from prediction markets and other rivals.
The NFL has joined New Jersey and a broad coalition of states asking the U.S. Supreme Court to decide whether sports-related prediction market contracts can be offered outside state gambling laws.
A Reuters/Ipsos poll discussed in a Reuters World News episode found that a bipartisan majority of Americans oppose using prediction markets to bet on elections and other government affairs.
A WFSB report says Sen. Richard Blumenthal is demanding answers from FanDuel over personalized videos sent to gamblers, though few additional details were publicly available in the source material reviewed.
Gaming Intelligence reported that Kentucky sports betting reached $206.3 million in August, but the available source excerpt does not specify whether that figure refers to handle, revenue, or another measure.
Blockchain.com says it has filed for two CFTC registrations that, if approved, would open the door to regulated prediction markets and crypto derivatives in the US.
