25 February 2026
DraftKings will test crypto-to-cash deposits in four states, converting digital assets into dollars before funding sportsbook wallets.
Governor Josh Green will add his name to a list of 41 elected officials who are calling for an end to the practice in the Pacific state. House Bill 2198 is seeking to define prediction markets and trading platforms that provide sports event contracts as illegal betting.
A caucus in the ruling Labor government in Australia is growing increasingly impatient with the delay in implementing gambling advertising reform. Calls are being made for communications and sports minister, Anika Wells, to speed up the process.
Louisiana’s HB 53 would add certain gambling offenses to the state’s racketeering statute, raising exposure for sweepstakes-style operations and their partners.
Missouri’s first month of legal sports betting hit $543m in wagers but produced only about $521k in taxes.
Turkish prosecutors froze a reported €460m in cryptocurrency and moved to seize wider assets in an illegal betting probe. The strategy targets money laundering and payment access.
New rules are to be drawn up in the regulating of sports-event contracts within the prediction market sector, the new chair of the Commodity Futures Trading Commission (CFTC) Michael Selig confirmed. He also confirmed a proposal to ban sports-event contracts will also be scrapped.
A bill being introduced in Alabama could allow voters to have their say on whether they want sports betting legalized as soon as this year. It had been thought any move to introduce a ballot measure in this legislative session would face obstacles
Sands-aligned PACs are flooding Texas primaries with pro-casino messaging as Miriam Adelson ramps up spending ahead of March 3. The goal is votes for a constitutional amendment.
San Jose police have brought a “clandestine operation” to a halt, with dozens of officers descending on a warehouse space on Wednesday. Two arrests have been made as a result of the investigation, with gambling equipment, one firearm and two stolen motorcycles recovered in the operation.
