New Jersey Sportsbooks closed July 2026 with a record July handle and a strong revenue rebound, but the figures require detailed examination. The month demonstrated how market depth, sport mix, digital channel concentration, tax changes, and hold recovery can significantly … Read the rest
Author Archives: Lucas Steiner
Sportsbook Strategy Against Prediction Markets
Sportsbook Strategy now has to account for a rival product that looks familiar to customers but is often governed under a different legal theory: prediction market contracts. As of September 22, 2026, the competitive issue is not only whether sportsbooks … Read the rest
Connecticut Prediction Markets Face State Orders
Connecticut Prediction Markets became a sharper risk issue after state officials acted against platforms they said were offering sports-event products that function like unlicensed sports wagering. On September 10, 2026, Governor Ned Lamont and the Connecticut Department of Consumer Protection … Read the rest
Fanatics App Strategy After Single-App Shift
Fanatics App Strategy changed materially on September 2, 2026, when Fanatics Betting and Gaming launched Fanatics Sports & Casino as a unified app for sportsbook, casino, and prediction-market access. This is not a review of odds or picks. No operator-attributed … Read the rest
Prediction Market Ban Risk in Minnesota
The Prediction Market Ban dispute in Minnesota created a sharp risk signal for sports-wagering operators, even though enforcement was blocked before the statute’s scheduled effective date. For operators, the case was not only about Kalshi, Polymarket, or event-contract access. It … Read the rest
The Human Factor in Risk Management: Training and Development
Understanding the role of human performance is key in safety and risk management. NASA’s Armstrong Flight Research Center found that 80 percent of mishaps from 2007 to 2017 were due to human errors. This shows how important it is to … Read the rest
Ensuring Transparency and Integrity in Risk Management Practices
In today’s complex financial world, transparency is key for good risk management. It’s not just about following laws, but also about understanding their spirit. The Office of the Superintendent of Financial Institutions (OSFI) says integrity means acting in line with … Read the rest
Player Props Revenue Risk at Major Events
Player props revenue has become a larger driver of sportsbook results during major sporting events, especially when prop legs are built into same-game parlays. The shift is attractive for operators because these markets can raise engagement and margin, but it … Read the rest
Prediction Market Risk After New York Suit
Prediction Market Risk now sits at the center of a sharper state-federal dispute after New York moved against Kalshi on July 31, 2026. The legal question is not just whether one operator can list event contracts. For sportsbooks, exchanges, investors, … Read the rest
Kalshi lawsuit Tests Prediction Market Risk
The Kalshi lawsuit filed by New York places prediction markets under a sharper sports-wagering risk lens. On July 31, 2026, New York Attorney General Letitia James filed suit against KalshiEX LLC, alleging that the company operated as an unlicensed gambling … Read the rest