• Loading stock data...
Thursday, February 12, 2026

The Imminent Rise of In-Stadium Betting

DMAC Architecture/Design: Alex Brooks

The Maryland House of Representatives approved a bill this week that, if passed by the Senate, would allow sports betting online, at casinos, and at stadiums for the Baltimore Ravens, Baltimore Orioles, and the Washington Football Team

Maryland expects to make $15-$19 million annually from betting, and would join other states capitalizing on in-stadium wagering.

Illinois and Washington D.C. allow in-person sportsbooks to operate at venues, and legislation in Virginia will allow mobile wagering. Seven other states — including Maryland — have pending bills.

Capital One Arena introduced in-venue betting in August 2020 with William Hill — the first sportsbook inside a U.S. professional sports venue. The temporary setup handled $12.2 million from 113,000 bets in September.

The Pittsburgh Penguins’ PPG Arena announced a partnership with BetRivers last summer as well, and the Chicago Cubs revealed plans for a DraftKings sportsbook near Wrigley Field in 2022. The Washington Nationals and BetMGM are set to open the first onsite sportsbook in an MLB stadium this summer.

Last month, the NFL said it would allow betting lounges at stadiums in states where sports betting is legal, although placing in-person bets in the lounges would still be prohibited.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Manfred: MLB Will ‘Consider Being in Business With Prediction Markets’

The league is actively studying the fast-growing business.
Sep 30, 2025; Los Angeles, California, USA; Los Angeles Dodgers designated hitter Shohei Ohtani (17) greets Los Angeles Dodgers first baseman Freddie Freeman (5) before the game against the Cincinnati Reds during game one of the Wildcard round for the 2025 MLB playoffs at Dodger Stadium.

Dodgers $401M Payroll Adds Tension Ahead of MLB Labor Talks

Labor talks are expected to begin in earnest this spring.
exclusive

Orioles Owner Met With Jeffrey Epstein

The meeting has not been previously reported.
Jan 10, 2026; Charlotte, NC, USA; Carolina Panthers quarterback Bryce Young (9) and wide receiver Jimmy Horn Jr. (15) reacts in the fourth quarter in an NFC Wild Card Round game at Bank of America Stadium.

Panthers Owner Aims to Build Charlotte Into a Destination City

Tepper Sports is upgrading the Panthers’ stadium and building a new music venue.

Featured Today

Epstein Emails Show His F1 Ties Ran Deep

The sex trafficker’s circles included many of the biggest names in F1.
February 6, 2026

Milan’s Olympic Village Is Built for Performance—and Partying

Making Milan’s Olympic Village was a five-year sprint.
February 5, 2026

Welcome to the Prediction-Market Super Bowl

Hundreds of millions of dollars are being traded across many platforms.
Feb 1, 2026; Santa Clara, CA, USA; New England Patriots players arrive prior to Super Bowl LX at San Jose Mineta International Airport.
February 3, 2026

Private Equity Has Reached the Super Bowl

The Patriots are one of four NFL teams with PE investment.
Fanduel

FanDuel Joins DraftKings in Ditching Credit Card Deposits

Credit cards are “the most expensive forms of payment,” an analyst tells FOS.
February 8, 2026

Kalshi Has Big Glitches During Super Bowl Due to High Demand

Kalshi struggled with deposit delays as Super Bowl traffic overwhelmed the market.
Feb 8, 2026; Santa Clara, CA, USA; Bad Bunny performs during the half time show at the game between New England Patriots and Seattle Seahawks in Super Bowl LX at Levi's Stadium.
February 10, 2026

Cardi B Is Cautionary Tale for Prediction Markets

Whether she “performed” in the halftime show is a hotly debated topic.
Sponsored

From AUSL to Women’s Hoops: Jon Patricof on Building Leagues

Jon Patricof on athlete equity, fan-first strategy, and how women’s sports can reshape the future of league building.
Jason Robins
February 7, 2026

DraftKings CEO Says Calls to Ban Prop Bets Are ‘Crazy’ 

Jason Robins also thinks DraftKings can dominate the prediction-market industry.
Fanatics Matt King
February 6, 2026

Fanatics Betting CEO: Why Prediction Markets and Sportsbooks Are Not the Same

“I think they will always be two distinct services.”
February 2, 2026

Heat Must Pay Terry Rozier While on Leave

The Heat had been placing Rozier’s salary into escrow.
NYSE
February 2, 2026

Why Polymarket Has Huge Boom or Bust Potential in U.S.

Polymarket has been laying the groundwork for a major push in the U.S.