
Texas sports betting faces years of deadlock over political power struggle
Texas faces a growing sports betting deadlock as political rivalry between Abbott and Patrick blocks regulation, leaving the state years away from meaningful change.
20 March 2026

Texas faces a growing sports betting deadlock as political rivalry between Abbott and Patrick blocks regulation, leaving the state years away from meaningful change.

Stocks in the biggest UK betting companies dramatically fluctuated throughout Wednesday after Chancellor of the Exchequer Rachel Reeves revealed the budget for the upcoming fiscal year.

DraftKings will become the official sports betting and daily fantasy league operator for the 2019 Stanley Cup champions. Financial terms were not disclosed, but the deal is expected to represent one of the Blues’ largest new commercial partners.

Michigan sports betting tax revenues reached a record month-on-month high in October 2025, with the state posting a new annual handle record of $619.39 million in total bets placed.

Recent Federal Bureau of Investigation (FBI) operations to root out corruption in U.S. sports betting have led several operators to cap certain prop bets in coordination with leagues.

Referee gambling disclosures trigger sweeping criminal and disciplinary probes that now reach club executives, coaches and commentators.

UK betting shops are facing their toughest period in decades as declining footfall, rising digital competition and a proposed tax overhaul place heavy pressure on the high street. Operators warn that higher duties could trigger widespread closures, while policymakers argue the system needs reform. The sector now stands at a critical crossroads.

The UK is preparing to raise taxes on online betting and casino sites while keeping horse racing exempt, creating a clear split in the gambling sector.

The NBA has launched an internal investigation after a federal indictment accused league personnel of sharing insider information used for illicit betting.