Fanatics Markets said it had launched Combos on its prediction markets platform, allowing users to combine multiple predictions in one contract. The feature is available across baseball, boxing, football, hockey, MMA, basketball, soccer and tennis, with further sports expected to follow.
The feature expands Fanatics Markets’ contract options across multiple sports and event outcomes.
The day’s most important stories, free. One email a day.
Churchill Downs is assessing offers for nine casinos across eight US states. Chief executive Bill Carstanjen said in a September interview that strategic priorities drove the proposed disposals, while the properties continued to perform well. Sale proceeds are expected to reduce debt, although the company has warned that it may not complete every disposal.
Executives from the American Gaming Association and the Sports Betting Alliance discussed how state-level regulation, tax policy and illegal operators may affect US sports betting. The source notes that the US Supreme Court decided PASPA on 14 May 2018.
Eight Wisconsin tribes asked a state court to dismiss a lawsuit challenging Act 247, according to the report. The statute authorises statewide online sports betting through tribal gaming operations.
Eight Wisconsin tribes have asked a state court to dismiss a lawsuit challenging Act 247, the statute that authorises statewide online sports betting through tribal gaming operations.
Coinbase agreed to end Michigan sports contract activity by 10 October. The agreement requires Coinbase to close outstanding positions while its appeal continues. The outlet also reported that Webull, Gemini and ProphetX exited Connecticut, while PrizePicks paused new sports prediction entries in Missouri but kept existing entries active.
Under a deal announced Wednesday, Coinbase will halt new sports event contracts in Michigan by Oct. 10, with every open position to be wound down by that date as well, the Michigan Gaming Control Board said in a press release. While the appeal proceeds, the company keeps its legal arguments intact, and Michigan pledged to hold off on enforcement so long as Coinbase stays within the restrictions.
It was reported that Novig launched its sports prediction-market exchange in 47 states on 4 August. The business had obtained CFTC designated contract market registration in June.