News

Colorado Bans Credit Card Funding for Sports Betting Accounts, Caps Daily Deposits at Six

Colorado has tightened its sports betting rules with a new ban on credit card funding, a six-deposit daily cap, and added limits on sportsbook marketing.

Florida commercial gaming revenue slips as prediction market scrutiny grows across U.S.

Florida commercial gaming venues reported $72.8 million in revenue in June, according to Gaming Intelligence’s latest North America review, as legal and regulatory pressure on prediction markets continued to build in several U.S. jurisdictions.

Federal judge blocks Minnesota prediction market ban as states push for tighter rules

A federal judge has blocked a Minnesota law that would have barred most prediction markets from operating and advertising in the state, underscoring a wider clash over who gets to regulate the fast-growing industry.

FanDuel ramps up NFL promo spending as rivals take different paths into football season

Flutter is increasing FanDuel’s promotional spend ahead of the NFL season, targeting offers closer to 6% of handle as DraftKings, Penn Entertainment and BetMGM signal different strategies.

Seminole Hard Rock Hollywood posts $400 Wednesday Night Turbo details

Seminole Hard Rock Hollywood Poker has announced Event 6, a $400 Deep Stack Turbo No-Limit Hold’em tournament that starts at 9 p.m. and plays to completion in one night.

Kalshi Is Available in Florida in 2026, Offering CFTC-Regulated Event Markets

Kalshi is live and legal in Florida in 2026, according to Action Network, giving eligible users access to CFTC-regulated event contracts in a state where online sports betting remains limited.

NYC Council Probes Polymarket, Kalshi Over Ads Allegedly Targeting Minors

The New York City Council has opened an investigation into Polymarket, Kalshi, Coinbase and Gemini Titan over advertising for prediction market platforms, citing concerns that the marketing may be deceptive or aimed at young people.

Congress presses MLB, MLBPA on sportsbook promotions after Bryce Harper FanDuel video

Three members of Congress are asking MLB and the MLB Players Association to tighten rules on sportsbook promotions after Bryce Harper said FanDuel used a Cameo video in a gambling ad without his knowledge or consent.

Survey finding on Gen Z betting habits raises fresh responsible-gambling concerns

A gambling industry commentary is sounding the alarm after a cited survey found 26% of Gen Z investors treat sports betting as an ongoing part of their financial plans.