Business & Financial

Prediction Market News February 20: Netherlands Bans Polymarket

Plus sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket, and Kalshi's new hedging offering explained.

Submitted by Aaron Goldstein on, Fri, 02/20/2026 - 11:01

Lawsuit Claims Coca Cola Only Invited Female Employees to Connecticut Casino Trip

The U.S. Equal Employment Opportunity Commission filed the lawsuit in New Hampshire district court on behalf of a male employee of Coca-Cola Beverages Northeast who complained about a two-day networking trip for about 250 women at the Mohegan Sun casino resort in Connecticut.

Submitted by Jagajeet Chiba on, Thu, 02/19/2026 - 16:50

Virginia Inches Closer to Allowing Online Casinos, Poker

This week, the Senate passed Senate Bill 118 that would regulate online casinos by a narrow 19-17 vote.

Submitted by C Costigan on, Thu, 02/19/2026 - 15:22

Sports Betting Revenue Jumps 38.6% in Pennsylvania, 6.5% Drop in New Jersey

Online sports betting revenue amounted to $67.6 million while retail wagering generated a total of $3.8 million, per numbers reported by the Pennsylvania Gaming Control Board Wednesday.

Submitted by Gilbert Horowitz on, Thu, 02/19/2026 - 09:30

FanDuel, DraftKings Could Soon Be Coming to Arkansas

Arkansas Razorbacks college basketball player

To date, the state has offered mostly inferior sports betting products to residents and visitors.

Submitted by C Costigan on, Wed, 02/18/2026 - 14:10

Trump Administration Backs Kalshi, Polymarket as States Move to Ban Prediction Markets

The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a critical legal battle between the growing prediction market industry and states that wish to ban these platforms.

Submitted by Associated Press on, Tue, 02/17/2026 - 21:14

BookieCo Shut Down One Week After Torture Videos Surface

BookieCo owner being held in shooting incident that took place last month.

Submitted by Jagajeet Chiba on, Tue, 02/17/2026 - 19:07

Fanatics Wazdan Partnership Will Make 15 Casino Games Available to West Virginia Residents

Wazdan, a Malta-based online casino game developer, has joined forces with Fanatics, a leading apparel company that is fast becoming one of the top internet gambling and sports betting ventures.

Submitted by Aaron Goldstein on, Tue, 02/17/2026 - 09:50

TRUEiGTECH Unveils Enterprise-Grade Prediction Market Platform for Operators

TRUEiGTECH is introducing enterprise-grade prediction market software infrastructure enabling operators to launch “bet-on-anything” markets.

Submitted by Press Release on, Tue, 02/17/2026 - 09:20

New Zealand Declares Prediction Markets as Gambling

New Zealand regulator, the Department of Internal Affairs, has stated that prediction market operators cannot offer what it considers gambling products to New Zealand residents under current laws.

Submitted by Aaron Goldstein on, Tue, 02/17/2026 - 08:54

New CFTC Chariman Michael Selig Vows to Take on States Over Prediction Markets

The new chairperson of the Commodity Futures Trading Commission (CFTC), Michael Selig, made it abundantly clear that he is going to back the right of prediction markets like Kalshi and Polymarket to do business in all 50 US states.

Submitted by C Costigan on, Tue, 02/17/2026 - 08:22

Missouri Gas Station Slots Deemed to be Illegal

A federal judge on Friday ruled that a Missouri-based gaming machine company known as “Torch Electronics" illegally operates thousands of online slot terminals at gas stations throughout the Show Me State. U.S. District Judge John Ross issued his findings.

Submitted by Gilbert Horowitz on, Mon, 02/16/2026 - 17:06

Prediction Market News February 16: The Draw of Young People is Huge, NBC Commish No Issue With Giannis Kalshi Partnership

“In the case of Giannis, from what I understand, it’s a minuscule investment. Much smaller than 1%, so that does not violate the rules that have been collectively bargained with the Players Association.”

Submitted by Gilbert Horowitz on, Mon, 02/16/2026 - 10:24

The Origins of the So-Called 'Winna Casino Scam'

No verified proof of an actual scam and some players swear by this uber popular online casino.

Submitted by C Costigan on, Sun, 02/15/2026 - 14:29

These Are Your Top Trending Stories and Searches for Sunday February 15: 350,340 Impressions

What started off as a pretty slow day Saturday turned into a huge traffic day for us here at Gambling911.com as two stories went viral during the evening hours. 350,340 impressions were recorded over the last 24 hours.

Submitted by C Costigan on, Sun, 02/15/2026 - 10:14

California Blackjack Ban to Start in April: What to Know

A new set of regulations regarding blackjack-style games and the rotation of player-dealers that were approved in California this past week and take effect beginning on April 1, 2026, impacting only the state's 80 to 85 card rooms.

Submitted by Alejandro Botticelli on, Sun, 02/15/2026 - 09:30

Rovell: DraftKings Took $54 Billion, But Potentil Liability was $2.5 TRILLION?

Indeed, DraftKings and FanDuel's stock were both getting crushed Friday and hitting three year lows. So what gives?

Submitted by C Costigan on, Sat, 02/14/2026 - 17:35

Kroger Gambling Machine Epidemic in Georgia: Why It's Legal in a State Where Gambling Mostly is Not

Georgia is one of just three states where these gambling terminals appear with the other two being Nevada and Illinois. Unlike the latter two, the Peach Tree State is not exactly friendly towards gambling.

Submitted by Jagajeet Chiba on, Sat, 02/14/2026 - 13:59

FanDuel Appoints Ari Avishay as Marketing Senior Vice President

Avishay joins FanDuel at a time of continued growth and momentum for the brand. FanDuel recently wrapped its Last Call for Football Super Bowl campaign, part of the company’s Play Your Game brand platform

Submitted by Press Release on, Fri, 02/13/2026 - 10:28

Doh: BetMGM Sends Out Email to More Than 3,803 Minors in Massachusetts

The shock news emerged during a hearing set by the The Massachusetts Gaming Commission Thursday morning.

Submitted by C Costigan on, Fri, 02/13/2026 - 09:35

New Zealand's Most Trusted Casino Review Sites

Several dedicated platforms help Kiwi players find safe and trustworthy online casinos by providing detailed assessments of gaming sites.

Submitted by B.E.Delmer on, Fri, 02/13/2026 - 08:50

SDNY U.S. Attorney: 'Prediction Market' Label Provides No Insulation From Prosecution'

Polymarket has been hit with a second class action lawsuit in the Southern District of New York (SDNY) for operating an "unlicensed sports betting enterprise"

Submitted by Gilbert Horowitz on, Thu, 02/12/2026 - 10:52

FanDuel Won't Let Customers Use Credit Cards to Deposit Funds

The new policy is set to go into effect March 2.

Submitted by Aaron Goldstein on, Thu, 02/12/2026 - 10:32

Top 10 Most Downloaded Sports Betting Apps: Fanatics 70 Percent Increase, Bet365 11 Percent Decline

Caesars, missing from this list, is set to release its 4th quarter numbers on Tuesday.

Submitted by Aaron Goldstein on, Thu, 02/12/2026 - 10:09

Kalshi's Super Bowl Trading Volume Exceeded $1 Billion

Bets on halftime performer Bad Bunny’s first song exceeded $100 million.

Submitted by Gilbert Horowitz on, Wed, 02/11/2026 - 14:24

Affiliate Networks 2.0: Why Services, Data and Relationships Matter with Alessandro Gherardi

John Wright of StatsDrone recent had the chance to catch up with Alessandro Gherardi from Fomento to learn more where affiliate networks site in the ecosystem.

Submitted by Gilbert Horowitz on, Wed, 02/11/2026 - 10:45

Illinois Sees 4th Straight Month of Bet Count Drops as New Bill Introduced to Repeal Tax Increase

Sportsbooks in Illinois processed 27.6 million fewer bets between September and December compared to the same period last year.

Submitted by C Costigan on, Wed, 02/11/2026 - 10:00

MetaBet and Catena Media Enhance Collaboration With Renewed Partnership

MetaBet, the leading provider of real-time sports-centric affiliate revenue tools and interactive engagement technology, has expanded its collaboration with Catena Media, a global leader in performance marketing within online sports betting and casino gaming.

Submitted by Press Release on, Wed, 02/11/2026 - 09:55

Arizona to Impose 45 Percent Tax on Sports Betting

Arizona Governor Katie Hobbs is proposing a 45% online sports betting tax ceiling, which could ultimately force some operators to exit the state market.

Submitted by C Costigan on, Tue, 02/10/2026 - 16:35

Red Papaya Enters the Markets with a Feature-Forward Slot Vision

Red Papaya is a studio that has positioned itself as a bold new developer focused on building modern slot experiences that combine creativity, proven mechanics, and data-led decision making.

Submitted by B.E.Delmer on, Tue, 02/10/2026 - 10:16

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Finland Favored in Eurovision 2026 Odds

Eurovision began in 1956 and BetOnline has been offering odds on this European singing competition over the last two decades.