SBC Americas

Tennessee bill criminalizes influencing outcomes for event contract trading

A lawmaker in Tennessee introduced a piece of legislation to combat the manipulation of events tied to prediction market trading.

Sen. Ferrell Haile filed Senate Bill 1992 last week, proposing a penalty for anyone “who engages in conduct intended to influence the outcome of an event while the person or another is a party to a contract with a prediction-market by which the person will benefit, directly or indirectly, from the occurrence of the outcome.” SB 1992 amends Tennessee code to make any person who violates SB 1992 guilty of a Class E felony.

Under Tennessee law, a Class E felony subjects offenders to a prison term that ranges between one and six years, with fines that can reach up to $3,000. A Class E felony is the state’s lowest felony class and includes white color or fraud-related crimes. Crimes also associated with Class E felonies include theft of property and drug and gun possession.

Tennessee regulator’s stance on sports event contracts

Haile has filed SB 1992 as the ..

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BetMGM updates terms of service to include athlete anti-harassment policy

BetMGM is combating harassment toward athletes by implementing a new policy.

The MGM Resorts and Entain joint venture announced an update to its terms of service with a ban on harassment directed toward athletes. BetMGM’s previous versions of its terms of service prohibited harassment, but the operator is now taking the step to explicitly ban gambling-related harm directed at athletes amid recent calls to action by key stakeholders to protect athletes nationwide.

“We are unwavering in our commitment to sports integrity—and that commitment extends to safeguarding athletes, coaches and league personnel,” said BetMGM Chief Compliance Officer Rhea Loney. “Our legal, regulated environment enables us to identify misconduct, investigate reports, and take action when necessary. Any confirmed instance of harassment will result in decisive measures, including account suspension.”

BetMGM’s policy update imposes an immediate suspension on customer accounts found to direct abusive or harassing m..

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Ohio Gov. DeWine considers legalizing sports betting his ‘biggest regret’

Ohio Gov. Mike DeWine reignited his claim that online sports betting is detrimental to the well-being of state residents and the athletes who partake in competition.

In a conversation with Cleveland.com, DeWine discussed important key topics impacting Ohioans, including the operational tactics of the U.S. Immigration and Customs Enforcement, cannabis and online sports betting. DeWine welcomed sports betting to Ohio in 2021 after signing a piece of legislation that legalized the vertical in the state. Five years later, DeWine considers his signature of the bill his “biggest regret” as governor.

DeWine is taking this tone against legalized sports betting after not realizing the impact gambling can have on young people, particularly young men. The governor voiced concerns about addiction rates and the proliferation of gambling-related ads in the media.

DeWine considers the issues to be “his fault”.

Alleged scandals impact the perception of sports betting

DeWine also pointed to the re..

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New York considers bills to ban betting for people who harass athletes

New York lawmakers are continuing to legislative action to protect amateur and professional athletes from harassment and harm.

The Empire State is considering a pair of anti-harassment bills that provide gambling-related penalties for individuals who harass athletes, officials, or coaches in the state.

Sen. Toby Stavisky is having his anti-harassment measure, Senate Bill 7482, reconsidered in 2026 as a carryover from the first year of New York’s two-year legislative session.

Stavisky’s bill proposes potential wagering ban

SB 7482 proposes amending New York’s racing, parimutuel wagering and breeding law to consider anyone “found to have harassed or shown a harmful pattern of conduct directed at amateur or professional athletes, coaches, officials or participants of a sports event” a prohibited sports bettor in the state. The piece of legislation covers any threats that are verbal, written or electronic and any conduct that “would cause a reasonable person to suffer substantial emot..

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NCPG unveils new 1-800-MY-RESET national problem gambling helpline

After losing the right to use 1-800-GAMBLER, the National Council on Problem Gambling (NCPG) is leaning on what it hopes will be another memorable number to use as its latest trademarked national problem gambling helpline.

The NCPG announced on Thursday that the new 1-800-MY-RESET service is now live and operational 24/7 to receive calls across the country. The national nonprofit organization said that the adoption of the new number strengthens the national visibility of the NCPG-run helpline and also supports its ongoing network modernization efforts.

“Problem gambling support should never be limited to a single moment or a single definition of harm,” said NCPG Board President Derek Longmeier. “1-800-MY-RESET reinforces that the National Problem Gambling Helpline is available at any stage — whether someone is worried about themselves, concerned about a family member or simply looking for trusted guidance. Making the helpline number easier to remember is a practical, meaningful step ..

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Coalition for Prediction Markets take out Washington Post ad

The Coalition for Prediction Markets responded to recent concerns of insider trading facilitated with a full-page ad in The Washington Post.

The trade group made the effort to advocate for regulated prediction markets with an ad in the Washington Post that layouts out the differences between prediction markets that are registered with the Commodity Futures Trading Commission (CFTC) and unregulated platforms.

The Coalition of Prediction Markets reiterated the willingness of its members to adhere to safe and transparent trading that is backed by the CFTC as the proliferation of sports event contracts and certain political trading markets stir nationwide controversy.

The ad is the start of a forthcoming PR campaign by the coalition in support of federal regulation by the CFTC for prediction markets, per Business Insider. The campaign, which will roll out over the next several months, is expected to cost “seven figures.”

Don’t conflate American regulated prediction markets with unregu..

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FanDuel introduces new RG initiative geared toward user decision-making

FanDuel is deploying a new responsible gaming campaign that takes a different approach from the company’s previous efforts to protect players from gambling-related harm.

On Thursday, the Flutter-owned brand debuted Play with a Plan, a new RG initiative powered by health behavior research. Play with a Plan promotes RG by having customers analyze their decision-making when wagering, compared to previous efforts to combat problem gambling using messaging aimed at restricting betting activity. The initiative wants bettors to use FanDuel’s existing RG tools to enhance decision-making while betting.

“This refreshed platform was purposeful and reflects the research we’ve done to rethink how responsible gaming is communicated most effectively to consumers,” said FanDuel SVP of Public Policy and Sustainability Cory Fox. “These insights shaped everything from the development of our messaging to ongoing innovation across our tools. FanDuel remains focused on making responsible gaming more intui..

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Senators ask CDC to study the impact of gambling on US youth

A pair of lawmakers are asking a federal agency to evaluate how the popularity of sports betting is impacting young people across America.

Sens. Katie Britt and Dick Durbin sent a letter to the U.S. Centers for Disease Control and Prevention (CDC) to study the impact of sports gambling on young people amid the proliferation of online sports betting and the recent expansion of the industry behind the legalization of the vertical in North Carolina and Missouri.

The lawmakers want the CDC to investigate the impact of gambling on young Americans as limited research on the topic is widely available to the public. The duo are asking the research to look at both legal and unregulated platforms. The senators sent the letter to Acting CDC Director Jim O’Neal with a request for response.

“We believe policymakers and American families deserve to know the extent to which our children are engaging in potentially addictive and detrimental behavior,” reads the letter.

The lawmakers point to a 202..

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Missouri regulator latest agency to receive NCAA prop ban request

The NCAA’s effort to curtail the proliferation of individual player prop markets for college sports has reached America’s newest online sports betting market.

The NCAA sent a letter to the Missouri Gaming Commission (MGC) requesting a ban on individual player props for college sports markets. NCAA President Charlie Baker sent the letter to MGC Executive Director Michael Leara requesting the ban as the NCAA deals with its latest gambling-related scandal. Last week, over 30 college basketball players were included in a federal indictment that alleged the operation of a point-shaving scheme. The probe adds to recent gambling woes for the NCAA tied to performance manipulation.

The issues included manipulating performances for individual player prop markets.

“To better protect student-athletes, game officials and competitions, state laws and regulations must be amended to remove the types of bets we know are being manipulated,” the letter stated. “Player prop bets increase the risk of in..

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Underdog’s Guarddog invests in Regen automated savings platform

Underdog will soon offer a new responsible gambling tool that allows users to automatically convert gaming activity into financial savings.

Via its responsible play innovation fund GuardDog, Underdog has invested in Regen, the company that offers the auto-savings feature. Regen will be integrated as an option in Underdog’s responsible play hub and the operator will provide access to the tool to all of its users and employees.

An Underdog spokesperson said the Regen feature will be integrated soon across all fantasy sports and prediction markets play on the operator’s platform.

A customizable piggy bank

Founded in 2025, Regen works by automatically saving a small percentage from every wager or trade, whether it wins or loses, setting money aside in the background to create savings without the user having to change how they play.

Regen Co-Founder and CEO Daniel Prior told SBC Americas that the amount that is automatically siphoned off and saved is adjustable for each user. “They c..

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