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US Gambling News

US gambling news covering sports betting, prediction markets, sweepstakes casinos, state regulation, sportsbook launches, and casino market updates. Find posts on Polymarket, DraftKings, legal betting states, US casino rules, market data, and the stories shaping American gambling.

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Prediction markets versus sportsbooks for World Cup betting

World Cup Betting Has a New Rival: Prediction Markets

9 hours ago

Prediction markets have arrived at the World Cup at exactly the wrong moment for traditional sportsbooks. FIFA has named ADI Predictstreet as the Official Prediction Market Partner of the 2026 World Cup, FanDuel Predicts has expanded its event-contract product through Crypto.com, and Matchbook has launched World Cup prediction markets with ADI Predictstreet in the UK,…

World Cup 2026 betting handle projected to hit $60 billion

World Cup Betting Handle Tipped to Hit $60bn

3 days ago

Legal sportsbooks could take around $60 billion in bets on the 2026 FIFA World Cup, according to H2 Gambling Capital. That would make this the biggest regulated football betting event on record. H2 puts the figure 71% higher than its 2022 World Cup estimate and 185% higher than 2018, with the USA, Mexico, and Canada…

Featured image showing a US map, slot machine, judge’s gavel and ban symbol in Betfinder’s dark and neon green style

Sweepstakes Casinos Are Running Out of Grey Area in the US

June 6, 2026

Sweepstakes casinos have spent years arguing they’re not really online casinos. Tennessee and Oklahoma have just made that argument harder to sell. In May 2026, Tennessee Gov. Bill Lee signed SB 2136, a law banning online sweepstakes games and other app-based gambling that falls outside the state’s legal gambling framework. A week earlier, Oklahoma lawmakers…

World Cup prediction markets featured image showing a football stadium with trading charts, market odds and neon green Betfinder-style data graphics

Prediction Markets Are Coming for World Cup Betting, But Liquidity Is the Catch

June 4, 2026

Prediction markets are no longer just for elections, crypto traders and politics junkies. The 2026 World Cup is turning them into a live rival for sportsbooks. A June 2026 SEON survey found that prediction markets were the second most popular betting channel among U.S. adults planning to bet on the World Cup. Licensed betting apps…

Polymarket trading dashboard with live charts, representing the platform’s new multi-leg contracts that work like parlay bets on prediction markets.

Polymarket Launches Multi-Leg Contracts to Rival Sportsbook Parlays

May 28, 2026

Polymarket has self-certified multi-leg sports contracts with the CFTC. The new products bundle two or more event outcomes into single trades that pay out only when every leg wins. This brings traditional parlay mechanics to the regulated prediction market platform. What Happened On 20 May 2026, Polymarket’s US entity QCX LLC filed a self-certification notice…

Unregulated online gambling market shown through global betting data and digital casino imagery

Unregulated Online Gambling Hits $5.9 Trillion, But the Real Story Is Player Demand

May 17, 2026

Unregulated online gambling reached an estimated $5.9 trillion in global wagering value in 2025, according to a new Gaming Compliance International report. That is a huge number, but the betting angle is not just “illegal gambling is big.” The more useful question is why so much betting and casino activity still happens outside regulated markets,…

DraftKings prediction markets and sports betting analysis graphic

DraftKings’ Prediction Market Push Shows Where Sports Betting Is Heading Next

May 9, 2026

DraftKings has made its next big target clear: sports prediction markets. The company reported $1.646 billion in Q1 2026 revenue, up 17% year-on-year, and said stronger US sportsbook margins helped drive the quarter. CEO Jason Robins also said DraftKings now has the “firepower” to push harder into Predictions, with its Super App, market-making tools, proprietary…

Prediction markets crackdown 2026 – candlestick chart showing volatile price action in sports event contracts

Prediction Markets Face Multi-State Crackdown

April 29, 2026

States are trying to shut down prediction markets. These are platforms where you bet on real-world events — like which team wins the NBA title, how many points a player scores, or even election results. Now, Arizona, Connecticut, Illinois, Ohio, and Nevada have all issued cease-and-desist orders or fines. They say these bets are…

NFL players in full action on the field during a high-stakes game — 2026 NFL Draft rookies creating sharp betting value on props and futures

NFL Draft Surprises Torch Sportsbooks — Sharp Money Cleaning Up on Rookie Props

April 27, 2026

Round 1 of the 2026 NFL Draft delivered several head-scratching picks and major slides that instantly reshaped rookie futures and player props. Sharp bettors who moved fast are already cashing in on the resulting market inefficiencies. Betting on the NFL Draft has become one of the biggest futures and prop wagering events of the year.…

Oklahoma Senate kills sports betting bill HB 1047 – state capitol building

Oklahoma Senate Rejects Sports Betting Bill – Legalization Stalls Again

April 25, 2026

Oklahoma remains one of the last states without legal sports betting. On April 22, the Senate killed House Bill 1047 by a 21-27 vote. The bill would have allowed tribal casinos to offer both in-person and mobile wagering through an updated gaming compact. Sen. Bill Coleman, R-Ponca City, carried the legislation after two years of…