Our Writers:
Michael Savio

FanDuel and DraftKings have announced their exit from the American Gaming Association. The move comes after the operators were unable to reach a common ground with the group on adding sports betting regulations for sports prediction markets.

FanDuel and DraftKings have both confirmed plans to offer sports prediction markets in the coming months. While limiting the offering to states without legal online sports betting, the launch will violate warnings from several state gambling regulators.

A California court has rejected a request from three tribes to ban Kalshi’s prediction market platform on their lands, claiming a violation of IGRA. The court held that, because sports contracts aren’t considered gambling, they cannot violate tribal gaming laws.

Cristiano Ronaldo was awarded the first red card of his international career against the Republic of Ireland. He will miss the team’s final qualifying match, but FIFA could add to that ban. If they do, Ronaldo would miss World Cup matches.

The MLB has reached a deal with the top US sportsbooks to place new limits on micro-betting after a recent scandal involving two active players. The changes include setting a $200 limit on those wagers and banning them from being added to parlays

Federal Prosecutors have filed indictments against Cleveland Guardians pitchers Luis Ortiz and Emmanuel Clase over a betting scandal involving micro-betting. Both are accused of spot-fixing and are facing up to 60 years in federal prison.

DraftKings CEO Jason Robins reported losses of around $300 million from the NFL season, but touted a new deal with ESPN and the upcoming launch of its prediction platform. He believes the company is setting itself up for big things in 2026.

Mexican lawmakers approved the 2026 Federal Revenue Law, which exempts FIFA and its partners from taxes during the upcoming 2026 World Cup. The country is instead looking to increase tax revenue from online gambling by raising the tax rate for operators to 50%.

The Wisconsin Senate Committee on Agriculture and Revenue began discussions over Senate Bill 592 this week. The bill would allow tribal gaming groups to start offering online sports betting, with servers hosted on their lands.

Disney and Penn Entertainment announced they have mutually agreed to end their partnership to operate ESPN Bet, which will close across the US on December 1. ESPN has agreed to make DraftKings its official betting partner, providing odds and more.