Sportradar CEO Carsten Koerl reported that prediction markets made their first positive contribution to company growth during the third quarter.
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The Virginia Lottery has published its sports wagering activity report for September 2026. Bettors across the Commonwealth placed $729.6 million in wagers and won $661.0 million during the reporting period.
North Carolina has released its sports wagering revenue report for September 2026. During the month, account holders in the state wagered $718.2 million on sporting events and collected $467.7 million in winnings.
The Philadelphia 76ers have entered into a multi-year partnership with Kalshi, becoming the first NBA team to designate an official prediction market partner. The team deal follows the NBA's broader league-level agreements naming Kalshi and Polymarket as preferred prediction market exchanges. Under the arrangement, Kalshi will gain brand integration, including funding the franchise's postgame coverage.
Regulators in Michigan have authorized online sportsbooks to offer fixed-odds betting on horse racing. The decision follows consumer demand for a straightforward, locked-in pricing format for race wagering on digital platforms.
Betting volume on U.S. congressional prediction markets has reached $431 million ahead of the midterm elections. Despite the substantial overall turnover, odds in several individual markets can still be shifted with wagers as low as $3,500.