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Business and regulatory reporting. Dates show when reports were published; they do not establish when a change took effect or whether a relationship continues.

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SportsGrid seeks buyer as wagering media revenue falls

SportsGrid is reportedly seeking a buyer with help from investment bank Telos Advisors, citing an unnamed source first according to the report. The company has reportedly held talks with potential buyers for several months, and one possible lead buyer has emerged. SportsGrid’s revenue has declined in recent years after it lost major sportsbook partnerships with operators such as FanDuel and BetMGM.

Also in this report: SportsGrid · Telos Advisors · BetMGM · USA

Deals and funding

  • Report published SportsGrid seeks buyer as wagering media revenue falls

    SportsGrid is reportedly seeking a buyer with help from investment bank Telos Advisors, citing an unnamed source first according to the report. The company has reportedly held talks with potential buyers for several months, and one possible lead buyer has emerged. SportsGrid’s revenue has declined in recent years after it lost major sportsbook partnerships with operators such as FanDuel and BetMGM.

    Also in this report: SportsGrid · Telos Advisors · BetMGM · USA

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  • Report published Kalshi partners with tribes as FanDuel shifts away from CME

    Kalshi has partnered with tribes on 9 October. The outlet also reported that FanDuel continues to shift away from CME.

    Also in this report: Kalshi · CME Group · USA

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  • Report published Prediction markets approach sportsbook customer acquisition costs during 2026 NFL season

    Prediction market operators are increasing marketing spending during the 2026 NFL season, citing an Eilers & Krejcik Gaming note. The note puts acquisition costs at roughly $200 per trader, compared with an average of $250 per sportsbook customer.

    Also in this report: DraftKings · Fanatics

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  • Report published Offshore casinos expand New Jersey search demand share to 33.25%

    Offshore casinos increased their share of New Jersey's Blask Index from 26.40% in September 2025 to 33.25% in August 2026. Their share of projected revenue, measured through Competitive Earning Baseline, increased from 28.52% to 30.26% over the same period.

    Also in this report: BetMGM · bet365 · Borgata Online · DraftKings

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Licensing and markets

  • Report published NBA restricts partner sportsbooks’ bet types, including same-player parlays

    The NBA has issued sportsbook partners new guidance restricting certain bet types, including same-player parlays. The outlet said it confirmed the guidance with the league, DraftKings and FanDuel after ESPN’s initial report.

    Also in this report: DraftKings · USA

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  • Report published FanDuel shareholders secure confidential review of withheld merger documents

    A New York special master ordered confidential review of withheld legal communications in FanDuel shareholders’ merger lawsuit. The ruling does not establish fiduciary duties or breaches, which defendants contest. Relevant valuation and shareholder-rights documents must first be reviewed before any disclosure decision; fact discovery has an 18 December deadline.

    Also in this report: KKR · Shamrock Capital · Paddy Power Betfair · Flutter

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  • Report published Nevada regulator challenges prediction markets’ innovation claims

    Nevada Gaming Control Board chairman Mike Dreitzer and Indian Gaming Association executive director Jason Giles questioned prediction-market companies’ claims that their sports-event contracts are innovative. Dreitzer said companies must obtain a Nevada licence and argued that allowing 18-, 19- and 20-year-olds to wager in states where it violates penal codes is not innovation. Attorney Scott Crowell said the Indian Gaming Regulatory Act governs activity on Indian lands; Alabama-Quassarte Chief Samuel Marshall Jr. denied a partnership announced on October 7.

    Also in this report: Kalshi · DraftKings · USA · NGCB

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  • Report published Nevada Gaming Control Board chair says no plan B if Supreme Court backs prediction markets

    Nevada Gaming Control Board Chairman Mike Dreitzer said on a podcast that prediction market operators such as Kalshi are running illegal sportsbooks, and that Nevada has no fallback plan if the Supreme Court sides with them. He urged tribes and licensees to hold firm, even though several tribes have partnered with Kalshi this month. The comments followed a CFTC interim rule of 9 October excluding casino-style gambling products from the definition of a swap, alongside a proposed rule covering event contracts.

    Also in this report: Kalshi · MGM Resorts · Caesars Entertainment · DraftKings

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People moves

  • Report published Midnite recruits former FanDuel and Sky Bet staff for product team

    Midnite has hired former FanDuel and Sky Bet staff to expand its product team on 1 September. The recruitment supports international growth plans that include a planned Canadian launch.

    Also in this report: Midnite · Sky Bet · Flutter · Canada

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  • Report published Midnite recruits Willie Lok to oversee casino and loyalty products

    Willie Lok will lead Midnite’s casino and loyalty product strategy following his appointment on 1 September 2026. He joins from FanDuel after four years developing its casino and loyalty products.

    Also in this report: Midnite

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  • Report published Midnite appoints Dale Tang as Canada general manager ahead of planned launch

    Midnite has appointed Dale Tang as general manager for Canada ahead of a planned launch. Tang joins after nearly five years at Flutter-owned FanDuel.

    Also in this report: Midnite · Canada

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  • Report published Flutter filing puts Amy Howe’s potential severance at $21.2m

    The report said that Flutter’s latest SEC filing put former FanDuel chief executive Amy Howe’s possible separation package at $21.2m. The figure exceeds the previously disclosed $4.37m estimate following her May departure.

    Also in this report: Flutter

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Enforcement & compliance

  • Report published MGC investigates Bill Simmons over proxy betting in Massachusetts

    The MGC confirmed on Wednesday that it is investigating sports podcaster Bill Simmons over proxy betting in Massachusetts. Simmons said he had repeatedly used his daughter’s boyfriend’s FanDuel account to place wagers.

    Also in this report: USA · MGC (Massachusetts)

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  • Report published Massachusetts regulator investigates alleged proxy betting involving FanDuel and Bill Simmons

    Massachusetts' gambling regulator is investigating alleged proxy betting involving sports media personality Bill Simmons and FanDuel on 3 September. Simmons, a California resident, said he had wagered through his daughter's boyfriend.

    Also in this report: USA · MGC (Massachusetts)

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  • Report published Massachusetts regulators review FanDuel over Bill Simmons’ proxy betting admission

    Massachusetts gambling regulators are reviewing FanDuel following sports media personality Bill Simmons’ public admission that an associate used his account to place bets. The report described the wagers as violating state proxy betting laws.

    Also in this report: USA · MGC (Massachusetts)

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  • Report published FanDuel takes account action against Bill Simmons over proxy betting

    FanDuel took action against Bill Simmons’ account and notified Massachusetts’ MGC. The report linked the action to Simmons saying he had his daughter’s boyfriend place bets on his behalf.

    Also in this report: USA · MGC (Massachusetts)

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