Sportradar shed more than $800 million in market value after short sellers published allegations that the data supplier maintains extensive ties to illegal gambling operators across multiple prohibited markets.

CFTC Chairman Michael Selig faced hours of Congressional questioning over the agency’s oversight of sports event contracts, repeatedly deferring to a pending rulemaking process rather than offering firm positions.

The Massachusetts Gaming Commission has fined FanDuel, BetMGM, Fanatics Betting and Gaming, and PENN Sports Interactive a combined $80,500 for accepting wagers on markets prohibited under state law or absent from Massachusetts’ approved Sports Wagering Catalog.

BetMGM has lowered its full-year 2026 revenue guidance after a weaker-than-expected first quarter in its online sports betting division.

DraftKings and FanDuel have taken the first steps to enter Arkansas’ online sports betting market, submitting applications with state regulators.

The Wisconsin State Assembly has passed legislation for mobile sports betting which would be operated by the state’s Native American tribes.