DraftKings and FanDuel have applied to offer sports betting in Arkansas through partnerships with local casinos, according to state finance department spokesperson Scott Hardin. The applications await final approval; any partnership must allocate at least 51% of revenue to the casino partner.
Applicants seeking Arkansas entry must allocate at least 51% of revenue to local casino partners and await final approval.
Quarter ended 30 September 2026
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The Commodity Futures Trading Commission ordered designated contract markets to end US geofencing that conflicts with impartial-access requirements within 30 days, or explain why they cannot comply. The order puts exchanges offering sports-event contracts at odds with court orders restricting Kalshi in several states and on tribal lands. Chairman Michael S. Selig said derivatives markets must operate nationally.
Within 30 days, designated contract markets must end geofencing restrictions in the U.S. that violate “impartial access requirements,” or give reasons they cannot comply, the CFTC has ordered. CFTC Chairman Michael S. Selig said in a statement that derivatives markets "must operate on a uniform basis at a national scale" to serve the purposes of the Commodity Exchange Act.
DraftKings lowered its full-year 2026 revenue guidance to $6.35 billion-$6.55 billion, from $6.5 billion-$6.9 billion previously, and reported a third-quarter adjusted EBITDA loss of $317 million. The company said more than 1.6 million customers had used its predictions offering year-to-date and expected 2026 predictions investment of at least $650 million; its shares fell about 22% in Thursday after-hours trading after the results.
DraftKings lowered its 2026 revenue guidance to $6.35bn–$6.55bn from $6.5bn–$6.9bn. It reported a third-quarter adjusted EBITDA loss of $317m, compared with a $126m loss a year earlier.
Flutter Entertainment chief executive Dan Taylor said on its 4 November earnings call that the company expects more clarity in the coming months on the economics of FanDuel Predicts. FanDuel recorded $119 million in trading volume in the third quarter; Flutter expects its market-making operation to generate $50 million in revenue and $40 million in adjusted EBITDA during 2026.
Dan Taylor, Flutter's chief executive, told the third-quarter earnings call on 4 November that the coming months should sharpen the company's view of how its prediction market business makes money. At issue is whether FanDuel Predicts can turn a profit by itself, or can only help recruit customers in states that could later permit online sports betting.
FanDuel said it carried out more than 58,000 manual responsible gambling reviews over the past year and described its monitoring practices on a Fast Facts page. The company says its systems flag behavioural indicators for human review, which can lead to education, account limits or exclusion; it also cited free support resources through Kindbridge Behavioral Services.
FanDuel said it has carried out more than 58,000 manual responsible gambling reviews over the past year. The company has published this information on its Fast Facts page.
Nebraska voters rejected ballot measures that would have authorised statewide online sports betting and established rules for racetrack casinos and sportsbook partners, according to the report. The proposed tax rate was 20%, with about 70% of the revenue earmarked for property tax relief; supporters had raised nearly $22m by October.
Voters in Nebraska turned down a plan to launch sports betting online across the state, a blow to a campaign supported by sportsbooks and racetrack operators. Legal wagering there stays restricted to bets placed in person at racetrack casinos, so a statewide mobile launch is not expected soon.