News

Lawmakers Press FanDuel for More Answers on VIP Program, Flag FanDuel Predicts

Members of Congress said FanDuel’s response about its VIP program was incomplete and misleading, gave the company until Sept. 17 to answer eight follow-up questions, and also raised concerns about FanDuel Predicts.

DraftKings markets Predictions in Florida as legal fight over sports event contracts grows

DraftKings has begun targeted marketing for its Predictions product in Florida, even as mobile sports betting in the state remains limited to Hard Rock Bet under the Seminole compact.

Calder Casino in Miami names Jason Stoess as new general manager

Churchill Downs has promoted longtime finance executive Jason Stoess to vice president and general manager of Calder Casino in Miami, effective immediately.

Hard Rock to become title partner of the Miami Grand Prix starting in 2027

Hard Rock International is expanding its role with the Miami Grand Prix through a new multi-year naming rights agreement that begins with the 2027 race.

North Carolina Sets 6% Tax on Prediction Markets Starting in 2027

North Carolina has created what the source describes as the first state tax on prediction markets in the U.S., setting a 6% rate that takes effect Jan. 1, 2027.

Florida-linked 1789 Capital leads $1 billion Polymarket funding round

A Florida-based venture firm where Donald Trump Jr. is a partner is leading a new $1 billion funding round for Polymarket, adding fresh attention to the fast-growing prediction-market sector and its regulation.

Fanatics rolls sportsbook, casino and prediction markets into one app, with Florida access

Fanatics has launched a single app that combines its sportsbook, casino and prediction markets products, with location-based access determining which features are available in states including Florida.

Seminole Casino Hotel Immokalee highlights new games, sportsbook access and recent jackpot wins

Seminole Casino Hotel Immokalee says it is expanding its gaming and entertainment mix in Southwest Florida, with new high-limit slot machines, sports betting access and a string of six-figure jackpot payouts.

Kalshi permanently bans George Santos over alleged insider trading on prediction market

Kalshi said former Rep. George Santos received the platform’s first permanent ban after trades tied to whether he would attend the State of the Union address.