US President Donald Trump has issued a strong endorsement for regulation of prediction markets, the fast-growing event contract sector. Such a move, however, would establish a direct conflict with several state officials. The White House is arguing for uniform national oversight, while individual states attempt to impose local restrictions and prohibitions. Through a social media statement, the president emphasized the necessity of maintaining the Commodity Futures Trading Commission as the sole regulatory authority over these platforms. He framed the push for federal administration as a way to create a consistent framework for the country, while also linking the sector to…

Circa Sports has announced the return of its Circa Survivor, Circa Million VIII, and Circa Grandissimo football contests for the upcoming season, featuring a record-breaking combined guaranteed prize pool of thirty million dollars. The operator, known for its high-stakes sports betting offerings, is raising the stakes across its three primary competitions, with all entry fees feeding directly into the payouts without a house rake. The centerpiece of the lineup, Circa Survivor, is expanding significantly for the football season. The contest features a twenty million dollar guaranteed payout for the last remaining entry standing. This marks an increase from the previous…

The American Gaming Association issued a stark warning about sports prediction markets to federal lawmakers this week, labeling them as backdoor betting operations that pose a direct threat to the established regulated gaming industry. Testifying before a U.S. Senate commerce subcommittee, AGA President and Chief Executive Officer Bill Miller argued that these markets are effectively operating as nationwide sports betting platforms. Miller stated that these platforms bypass the extensive regulatory systems established by states and tribal governments following the repeal of the Professional and Amateur Sports Protection Act in 2018. During the hearing, titled No Sure Bets: Protecting Sports Integrity…

Formula 1 has officially named FanDuel as its first official betting operator for the United States and Canada. The partnership was announced just before the Miami Grand Prix and establishes a multi-year agreement between the racing series and the North American sportsbook. This deal marks a significant expansion for FanDuel as it integrates its services directly into the digital landscape of international motor racing. Under the terms of the agreement, FanDuel will gain access to Formula 1 assets to create specialized betting products for its user base of approximately 17 million people. The integration will be visible across official digital…

Circa Sports professional football contests will be back and bigger than ever. This season, Circa Survivor, Circa Million VIII, and Circa Grandissimo. The premier sports betting brand will continue to up the ante for its professional football contests, and CEO Derek Stevens released a video teasing the eighth year of Circa Sports hosting record-breaking professional football betting contests. The full details on this year’s contests will be announced by Circa Resort in the coming weeks. Five winners of Circa Survivor, who all went 20-0 during the 2025-2026 season, took home the largest prize pot in history of $18,718,000, with each…

Major League Baseball has finalized a multiyear prediction markets deal. MLB and Polymarket agreed to establish the platform as the official prediction market exchange for the league. This partnership marks a significant entry into the sector for the organization as it seeks to manage the growing popularity of event contracts. Alongside the commercial deal, the league has signed a memorandum of understanding with the Commodity Futures Trading Commission to create a framework for information sharing and market oversight. The collaboration between MLB and Polymarket provides the exchange with exclusive rights to use league trademarks and logos within its products. Polymarket…