Legal Sports Report
@LSPReport
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Legal US sports betting industry news and views via @bymatthewwaters, @sam_mcquill, and @eric_ramsey
Las Vegas
Joined November 2014
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FanDuel is entering the predictions game, but no mention of sports predictions just yet.
legalsportsreport.com
FanDuel will get into the prediction markets business later this year, though there is no mention of sports just yet.
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Busy Tuesday for Robinhood as it announced it will add NFL and college football predictions, sued gaming regulators in Nevada and New Jersey, and reactivated sports predictions in both states.
legalsportsreport.com
Robinhood announced it will offer NFL and college football predictions while suing gaming regulators in Nevada and New Jersey.
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Kalshi expanded its football prediction markets nationwide. The move puts prediction markets in closer competition with regulated sportsbooks as some legal questions remain unsettled. Story by @ByMatthewWaters .
legalsportsreport.com
Kalshi is expanding its football prediction markets for both college and NFL that can be bet on across the country.
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RT @LSPReport: One of the most recent opponents of the California sweepstakes casino ban bill is also the newest partner of VGW for a sweepā¦.
legalsportsreport.com
A California tribal nation that VGW announced as a new partner gave in-person opposition to a sweepstakes casino ban bill.
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One of the most recent opponents of the California sweepstakes casino ban bill is also the newest partner of VGW for a sweeps site of its own:
legalsportsreport.com
A California tribal nation that VGW announced as a new partner gave in-person opposition to a sweepstakes casino ban bill.
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FanDuel secured Missouri market access with St. Louis CITY SC. The Flutter-owned sportsbook is preparing to bring its product to the state of Missouri. Full story by @ByMatthewWaters
legalsportsreport.com
FanDuel did not take long to announce its Missouri sports betting partner after missing out on an untethered license.
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Illegal sports betting in the US is shrinking as more bettors turn to legal options, but the underground market still costs states significant tax revenue. @sam_mcquill reports:
legalsportsreport.com
Illegal sports betting handle hit a record high in 2025, but was far outpaced by the thriving legal market, according to an AGA study.
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Michael Porter Jr. says NBA players might see betting markets as a way to help friends profit, citing how easy it could be to manipulate props. His brother was banned for life for doing so. @sam_mcquill reports:
legalsportsreport.com
NBA betting and player manipulation is too easy and tempting, according to comments made by Michael Porter Jr. during a recent podcast.
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Circa, DraftKings and FanDuel pitched Wednesday for one of two untethered MI sports betting licenses. The Gaming Commission will choose the winners on Friday morning. @ByMatthewWaters reports:
legalsportsreport.com
Circa, DraftKings and FanDuel all pitched why they should get one of the two untethered Missouri sports betting licenses to state regulators.
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The deadline for Gov. Murphy to act on a bill banning sweepstakes casinos in New Jersey is technically extended until the Assembly returns from recess. @ByMatthewWaters reports:
legalsportsreport.com
The deadline to act on a bill that would ban sweepstakes casinos in New Jersey is coming up this Thursday.
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Kalshi hit a roadblock in Maryland on its pursuit of nationwide trading on the outcome of sporting events. The District Court denied the company's motion to enjoin MD from attempting to enforce the stateās gambling laws.
legalsportsreport.com
Kalshi and its pursuit of nationwide trading on the outcome of sporting events hit a significant roadblock in Maryland.
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Ohio is looking to crack down on micro betting. The Casino Control Commission is working on a rule that could ban certain player prop bets in the state. @ByMatthewWaters chatted with Assistant General Counsel Caty Abbott about the draft ā¬ļø
legalsportsreport.com
The days of āmicro bettingā could be over in Ohio as the Casino Control Commission is drafting a rule to prohibit some player prop bets.
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š @Sportradar raised its 2025 outlook after posting double-digit growth in its core US market and managed trading business. Management cited the adoption of Sportradarās AI-powered live betting products as one key reason for the growth. @sam_mcquill:
legalsportsreport.com
Sportradar raised its outlook for 2025 after increased client adoption of AI-powered betting tools helped achieve record Q2 revenue.
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Fifty attorneys general asked the DOJ to help states curb the ārampant spreadā of illegal gambling sites. They cited an @AmericanGaming report estimating around $400 billion in illegal online casino and sports betting revenue annually. š: @ByMatthewWaters.
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LSR Podcast Episode 272: Prop Bet Bans and Even More Taxes? is out now!. Hosts @sam_mcquill and @MattBrownM2 cover Pennās latest attempt to lean into ESPNās fantasy database, the Governor of Ohio pushing to ban all player prop bets, and more. Listen here:
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ESPN Bet recently announced FanCenter, a personalized hub that allows users who link their fantasy and betting accounts to see a section that includes player props and custom parlays based on their favorite teams, plus their betting history. Will this be enough for the operator.
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Gov. Mike DeWine, who wanted to increase the Ohio sports betting tax rate to 40% earlier this year, has now called on the Ohio Casino Control Commission to remove prop betting from the stateās sports betting market. š : @ByMatthewWaters.
legalsportsreport.com
The same governor that wants to squeeze as many tax dollars as possible out of Ohio sports betting now wants to handicap that market by removing prop bets.
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While most operators view sports prediction models as competition in a crowded market, Rush Street Interactive sees them as a potential ally in the online casino space. Are prediction markets the key to accelerating the legalization of iCasino in the US? . @ByMatthewWaters with.
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DraftKings just scored a big legal win in New York - could this set the precedent for similar lawsuits in other states?. DK was granted its motion to dismiss a lawsuit that alleged its promotional terms regarding a new customer ādeposit bonusā were deceptive. Full story:
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