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.

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.

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.

Italy picked up a crucial 3-0 win over Israel in an October World Cup qualifier, setting them up to end their 12-year drought. The team needs one point —or a loss by Israel —to secure their spot in North America this summer.

BetMGM CEO Bill Hornbuckle confirmed that the company is still avoiding sports prediction markets and continues to follow state sports betting regulations. The comments also reaffirmed MGM’s belief that the controversial industry is not guaranteed to succeed.

Governor Newsom signed a bill to ban sweepstakes games, which will force operators to exit California before January 1 or face legal action. No state lawmakers voted against the ban, which has been driven by support from the tribal gaming community.

The New York Assembly is considering a ban on sportsbooks from setting limits on bettors who are on a winning streak. Operators insist this practice is critical for their success as well as their ability to offer competitive odds and promotions.

Underdog has announced a new partnership with the Kansas City Royals, allowing it to enter Missouri’s sports betting market ahead of the December 1 launch. The two sides already had an advertising partnership in place, which is now expanded to include sports betting.