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Prediction Markets in their current form don't present a major threat to existing major sportsbooks, which make the vast majority of their profit from parlays, panelists at today's SBC Conference agreed; the threat is if (or when) they expand parlay options

"Does any of this matter?" long-time gaming industry figure Melissa Blau says about legal arguments against Kalshi, noting that the president's son is on the company board

The SAFE BET Act, a sweeping Congressional proposal that would drastically regulate sports betting federally, has "no chance" of passing, gaming lobbyist Bill Pascrell III reaffirmed during today's SBC Conference

The idea of prediction markets adding parlays is both utterly ridiculous and incredibly likely.

The Missouri online and in-person sports betting launch is set for December 1, state gaming regulators confirm with Covers

My dispatch from SBC on the story of the conference: the future of prediction markets or, more accurately, when or if they'll offer parlays covers.com/industry/predi…

Wynn Resorts has announced its withdrawal from the New York City casino process. The company says the “rezoning process has made it clear to us there are uses for our capital more accretive to our shareholder.” Las Vegas Sands withdrew from New York last month Nevada Independent

NBA Conference Finals Series combined legal sportsbooks by teams' home state: Eastern Conference (New York and Indiana): 20 Western Conference (Minnesota and Oklahoma): 0

Massachusetts sportsbook operator handle and gross gaming revenue - April 2025: DraftKings: $343m / $38.6m FanDuel: $185.9m / $18.4m BetMGM: $55.1m / $4.1m Fanatics: $49.3m / $3.3m ESPN BET: $21.7m / $1.9m Caesars: $21.2 / $800k Bally Bet: $4.4m / $200k

Texas lawmakers are seriously considering getting rid of the state lottery. Sports betting, and especially casinos, are not going to come easily.

We'll know the first two Missouri online sportsbooks Aug. 15. The rest will be announced sometime after Sept. 12 and before the Dec. 1 launch; roughly a dozen sportsbooks expected to go live, including FanDuel, DraftKings, BetMGM, bet365, and virtually all other big US brands

Around 7 million bets were placed with FanDuel during this year's Kentucky Derby, the company's busiest single day for racing bets in the US, per $FLTR release

At least for me, halftime here is a bizarre place

BetMGM has secured Missouri online sports betting market access via a partnership with Century Casinos, the groups announced earlier today; deal also includes ability to open BetMGM retail books at Century's two Missouri properties; launch set for Dec. 1

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No. There's no in-person registration requirement for Missouri online sportsbooks like we saw in Iowa and Illinois

Ohio iGaming bill views from major operators: Proponents: FanDuel, DraftKings, BetMGM, Fanatics, Caesars, BetRivers "Interested Parties": Hard Rock, JACK, PENN (Hollywood), Boyd Opponents: Miami Valley Gaming

BING BONG