Action 247 stopped accepting wagers on 16 January and told customers it would return their balances, according to the report. The company said it could not compete with larger operators; its Tennessee betting licence had been suspended in 2021, then reinstated by a judge while an investigation continued.
The closure ends a Tennessee sportsbook’s operations after a prior licensing dispute over its links to a payday lender.
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Bet365, FanDuel and Hard Rock are using AI features to provide bettors with game insights and help building wagers, according to the report. Eilers & Krejcik Gaming analyst Brad Allen said its app testing found Hard Rock’s AI insights well received, while feedback on FanDuel’s AceAI was mixed; the sample was too small to establish broader preferences.
Bet365, FanDuel and Hard Rock are using artificial intelligence on the customer-facing side of their sportsbooks, according to the report. The report describes the tools as providing bettors with game-specific insights and help in building wagers.
BetMGM reported that 91% of its World Series handle and more than 60% of bets back the Brewers to beat the Rays. Caesars Sportsbook's Eric Biggio told Covers that overall volume may fall short of the past two World Series without major-market teams. FanDuel said the Brewers are taking 70% of the money.
BetMGM reported that 91% of its handle on the World Series is on the Milwaukee Brewers to win the best-of-seven series against the Tampa Bay Rays, with more than 60% of bets also backing Milwaukee. The report, published on 23 October, said the World Series winner odds moved from -165 at open to -175 on Friday.
The annual value of sports betting sponsorship deals in the Americas rose 145% between 2020 and 2025 to more than $1.45bn, according to GlobalData's Sponsorship Sector Report – Gambling & Betting – Americas 2026. The number of contracts grew 106.6% over the same period, with football the leading channel.
The yearly value of sports betting sponsorship deals across the Americas grew 145% between 2020 and 2025, reaching more than $1.45bn, according to the Sponsorship Sector Report – Gambling & Betting – Americas 2026 produced by GlobalData. Over the same period the number of contracts rose 106.6%.
The NBA has told authorised betting operators, including DraftKings and FanDuel, to stop offering several player and game markets, according to reports. The restrictions include bets on the opening tip, certain missed shots and unders on player statistics where a player is expected to play fewer than 12 minutes; they follow federal investigations involving current and former players.
The NBA has restricted several betting markets for its authorised operators, including parlays combining multiple unders on the same player's statistics, following federal investigations involving current and former players. The league told operators including DraftKings and FanDuel of the changes in a memorandum distributed on Friday, according to reports. Operators were also told to stop offering bets on the opening tip winner, on players failing to convert specified shots, and unders on player statistics where a player is expected to play fewer than 12 minutes.
The NBA ordered sportsbook partners, including DraftKings and FanDuel, to remove prop bets it considers open to manipulation, according to the report. The markets include bets on players missing specific shots and were linked in the report to past betting scandals.