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Dan Bernstein

@dan-bernstein.bsky.social
141 followers 116 following 196 posts

Currently: Assistant Editor, Sportico. Previously worked at Sporting News, GOAL and others. Started in a little newsroom in College Park 🐢

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Dan Bernstein @dan-bernstein.bsky.social · 28/09/2026
Brazil's second thoughts on legalized online betting are bad news for FanDuel parent Flutter Entertainment. The company was already reeling from India passing an anti-gambling law last year.
sportico.com
FanDuel’s Parent Can’t Buy a Break
Brazil's about-face around online betting delivers the second blow to Flutter in a major market in two years.
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Reposted by Dan Bernstein
Michael McCann @mccannsportslaw.bsky.social · 24/09/2026
Kalshi refers to MLB teams like the Red Sox and Yankees as "Boston" and "New York," but with Liga MX, Kalshi uses league trademarks and the real names of clubs. That's now at issue in a federal trademarks lawsuit, as @dan-bernstein.bsky.social and I detail for @sportico.bsky.social:
sportico.com
Kalshi-Liga MX Lawsuit Revives Gambling Logo-Use Debate
Kalshi is accused of trademark infringement by using Liga MX marks and logos, but Kalshi is poised to argue it has a right to use those properties.
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Dan Bernstein @dan-bernstein.bsky.social · 24/09/2026
Kalshi is accused of infringing on Liga MX trademarks in a new lawsuit. This NCAA and NFL previously stopped short of taking the prediction market operator to court for similar activity.
sportico.com
Kalshi-Liga MX Lawsuit Revives Gambling Logo-Use Debate
Kalshi is accused of trademark infringement by using Liga MX marks and logos, but Kalshi is poised to argue it has a right to use those properties.
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Dan Bernstein @dan-bernstein.bsky.social · 18/09/2026
The “brutal, bloody” war Kalshi's CEO declared last year against “100 tribes” and other critics of his company does not include the Tunica-Biloxi Tribe of Louisiana, which teamed up with Kalshi today.
sportico.com
Kalshi Asks Tribes to Embrace Prediction Markets After First Deal
CEO Tarek Mansour suggested early movers will be rewarded. Sportico breaks down the industry implications.
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Dan Bernstein @dan-bernstein.bsky.social · 11/09/2026
Is there precedent for companies making "financial holdings" (air quotes mine) disappear from people's accounts for more than a week without explanation and no one caring? This is the lone acknowledgement I've seen on Kalshi's delisted injury markets ... from 9 days ago.
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Dan Bernstein @dan-bernstein.bsky.social · 04/09/2026
The old days of sports video games are, as long-ago Visual Concepts contributor Chris Berman would say, “Back, back, back, back … Gone!”
sportico.com
‘NBA 2K27’ Is Not for the Nostalgic
The basketball video game franchise takes some small steps forward but lacks some of the creative touches its studio included 20+ years ago.
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Dan Bernstein @dan-bernstein.bsky.social · 04/09/2026
The NFL sent a spicy letter to all prediction market exchange operators tonight. "It is deeply concerning that bets within the objectionable categories that we identified months ago have been and continue to be listed as contracts on exchanges." Below are some specific objections.
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Dan Bernstein @dan-bernstein.bsky.social · 02/09/2026
EXCLUSIVE: Kalshi scrubbed athlete injury betting markets from its app at the CFTC's request. It did so after earning fee revenue from at least hundreds of thousands of dollars in volume on those wagers this year.
sportico.com
Kalshi Stops Its Sports Injury Betting Markets at CFTC’s Request
The prediction market company has offered wagers tied to athlete health throughout 2026 and had leaned further into those markets until a U-turn.
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Reposted by Dan Bernstein
Sportico @sportico.bsky.social · 01/09/2026
Ahead of NFL season, @jacobfeldman.bsky.social writes a feature story on the history of YouTube TV
sportico.com
Sports Television Is Fragmenting. Can YouTube TV Keep It Together?
YouTube TV executives share the product pivots, partner agreements and marketing campaigns that have helped it reportedly surpass 10 million users.
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Dan Bernstein @dan-bernstein.bsky.social · 01/09/2026
Crypto(.)com's prediction market exchange subsidiary is quietly dealing with a mass executive exodus. “I hope you guys finally get the autonomy you need to drive this business to the next level,” wrote the latest departee.
sportico.com
Exec Exodus: Crypto.com Shakes Up Prediction Market Subsidiary
Key roles at Crypto.com | Derivatives North America (CDNA) have seen turnover at a crucial time for the company's operations.
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Michael McCann @mccannsportslaw.bsky.social · 31/08/2026
There's now a federal circuit split on sports prediction markets, making the odds higher for U.S. Supreme Court review. The 9th Circuit says Kalshi's offerings are sports bets in substance, regardless of name. My @sportico.bsky.social legal column on what this all means:
sportico.com
Kalshi Creeps Closer to Supreme Court Docket With Nevada Ruling
The U.S. Supreme Court now sees a circuit split over sports prediction markets. History suggests that makes it more likely it will review the topic.
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Dan Bernstein @dan-bernstein.bsky.social · 28/08/2026
Kalshi takes a loss in key litigation with Nevada
sportico.com
Kalshi’s Appeal Loss to Nevada Brings Revenue Growth Risk
Prediction markets promised availability in all 50 states, but obstacles are emerging.
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Dan Bernstein @dan-bernstein.bsky.social · 25/08/2026
EXCLUSIVE: The Coalition for Prediction Markets, a group that includes Kalshi, Coinbase, Robinhood, Crypto(.)com and Underdog, is making California part of its initial lobbying push ahead of the midterm elections.
sportico.com
Coalition for Prediction Markets Seeks California Influence
The group is spending on both state and federal lobbying for the first time since its inception in December 2025.
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Dan Bernstein @dan-bernstein.bsky.social · 24/08/2026
It's not just the Red Sox. The Dodgers have also quietly entered a Kalshi sponsorship deal they didn't announce via press release or social media post.
sportico.com
Mild Pitch: Dodgers, Red Sox Quietly Roll Out Kalshi Deals
The major deals have been rolled out quietly, minimizing potential backlash amid public skepticism toward prediction markets.
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Reposted by Dan Bernstein
Sportico @sportico.bsky.social · 20/08/2026
The Atlanta Falcons join the ranks of teams selling stakes to private equity firms
sportico.com
NFL’s Falcons to Sell 10% to Arctos at Over $10 Billion Valuation
The Falcons will be the fourth NFL team in Arctos' portfolio, joining the Bills, Chargers and Browns. Arthur Blank paid $545 million for Atlanta.
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Sportico @sportico.bsky.social · 12/08/2026
What to know about the Lakers flip 🔄
sportico.com
Lakers Sold: Joshua Kushner Adds $12B+ NBA Team to Portfolio
The Los Angeles Lakers will be sold to Joshua Kushner and Bob Iger, ending Mark Walter's ownership tenue after less than two years.
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Dan Bernstein @dan-bernstein.bsky.social · 07/08/2026
New deep dive feature about prediction markets and conflicts of interest
sportico.com
CFTC Eyes Prediction-Market Conflicts of Interest: Key Points
Kalshi Trading is not unique in having an affiliate that would be subject to new CFTC rules meant to address conflicts of interest.
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Dan Bernstein @dan-bernstein.bsky.social · 06/08/2026
CME’s reduced role in providing the infrastructure for FanDuel Predicts is another sign of differences between the financial derivatives powerhouse and gambling company
sportico.com
Strange Bet Fellows: FanDuel and CME’s Latest Joint-Venture Twist
FanDuel parent Flutter's stock dropped by more than 11% after its earnings report. Flutter disclosed an evolution in its joint-venture with CME Group.
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Sportico @sportico.bsky.social · 04/08/2026
Lots of talk about the Dodgers' ability to shield some of its TV earnings from MLB revenue-sharing. We break down what's happening.
sportico.com
The Dodgers Are Racking Up Talent—and an Unprecedented Bill
The Dodgers funnel an unprecedented amount of money to small market clubs, but a unique TV deal cuts their revenue-sharing bill more than $50 million.
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Sportico @sportico.bsky.social · 02/08/2026
Kalshi is appealing to far-right users through an affiliate partnership
sportico.com
Kalshi Pays Social Account That Makes Anti-Black, Anti-Muslim Posts
The prediction market company's growth strategy includes funding sponsored posts from controversial users.
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Michael McCann @mccannsportslaw.bsky.social · 31/07/2026
Oregon State women's basketball players make history as they move for unionization. Very important thing: Oregon State is a public university. That means this is a question of state law, not federal law. That's huge. I explain in a new @sportico.bsky.social article with Jacob Feldman:
sportico.com
Oregon State WBB Players Seek Union Status in Historic Move
Members of the Oregon State women's basketball team have petitioned a state agency to form a union in a major development in sports law.
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Dan Bernstein @dan-bernstein.bsky.social · 30/07/2026
Initial breaking news story on Underdog sale agreement 📝 Lots of newly revealed details about Underdog financials and user activity.
sportico.com
Underdog’s $1.3B Sale Agreement Reveals New Details About Company
Underdog's prediction market growth is one of the drivers of newly released user activity and revenue information.
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Dan Bernstein @dan-bernstein.bsky.social · 28/07/2026
Election betting gives prediction market operators reason to work with political influencers. For Kalshi, that means paying a social media account that constantly bashes Muslims and refers to Black people as "chimps."
sportico.com
Kalshi Pays Social Account That Makes Anti-Black, Anti-Muslim Posts
The prediction market company's growth strategy includes funding sponsored posts from controversial users.
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Dan Bernstein @dan-bernstein.bsky.social · 22/07/2026
The prediction market joint-venture between FanDuel and CME Group started off with normal pleasantries. But the vibes have changed dramatically, and without explanation, since then.
sportico.com
What’s Going on Between FanDuel and CME Group?
CME Group CEO Terry Duffy continues to criticize sports prediction markets, even though his company actively offers them in its FanDuel partnership.
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Dan Bernstein @dan-bernstein.bsky.social · 21/07/2026
May ➡️ July Prediction market exchange trends through the World Cup. Full feature story here: www.sportico.com/business/spo...
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Dan Bernstein @dan-bernstein.bsky.social · 14/07/2026
Sports betting with borrowed funds? Perpetual futures might be an entry point to higher-risk markets.
sportico.com
Perp Talk: Sports Betting With Borrowed Funds, Infinite Timelines
So-called "perps" involve betting with borrowed funds. Right now, federal regulators only allow them for crypto-related markets.
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Reposted by Dan Bernstein
Andy Kostka @afkostka.bsky.social · 11/07/2026
Fun fact about Blaze Alexander: He was born in Merrillville, Indiana, and he doesn't know why his Baseball Reference and MLB page and every ballpark says he was born in Cape Coral, Florida
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Dan Bernstein @dan-bernstein.bsky.social · 09/07/2026
BIG UPDATE: The NFL is not comfortable with these Kalshi markets, according to a league source. Kalshi's CFTC filing specifically mentions the NFL, but the company hasn't yet offered bets on NFL weather delays, given their rollout is happening in the NFL offseason.
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Dan Bernstein @dan-bernstein.bsky.social · 09/07/2026
The CFTC labeled prediction market bets on the "judgment calls, discretionary decisions, or rulings" of game officials likely against public interest. Refs and umpires often decide rain delays. Kalshi facilitates weather delay bets. The CFTC has not contested them.
sportico.com
Kalshi’s Weather Delay Bets Raise Regulatory Questions
Want to wager on an MLB team starting its game a few minutes late? Kalshi has set the groundwork for that to happen.
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Dan Bernstein @dan-bernstein.bsky.social · 30/06/2026
DraftKings, FanDuel, Fanatics and Bet365 are bankrolling political ads about immigration, gun violence and women's rights in state elections. Most voters don't know gaming interests are behind the material, raising ethical concerns.
sportico.com
Sportsbooks Hide Intent of Super PAC Election Ads Around U.S.
DraftKings, FanDuel, Fanatics and Bet365 are supporting local political ads that don’t disclose their ties to gambling.
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Dan Bernstein @dan-bernstein.bsky.social · 23/06/2026
Novig, a prediction market exchange, joined the group of companies adding staff aligned with President Donald Trump. Its new chief regulatory and legal affairs officer is also an avid LinkedIn poster.
sportico.com
Novig Hires Ex-DOGE Worker as Industry Keeps Up Trump-Era Trend
The prediction market exchange hired Elie Mishory as its new chief regulatory and legal affairs officer.
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Justin Birnbaum @justbirny.bsky.social · 18/06/2026
The Local Girl Media Group has thrived on hyper-local news, and the logistical confusion around the World Cup has created an opportunity to deliver even more to its already-robust audience. My story at @sportico.bsky.social: www.sportico.com/business/med...
sportico.com
World Cup Bumps Relevance of Local NJ Media Company
Local Girl Media Group has thrived on hyper-local news, and the logistical confusion around the World Cup has created an opportunity to deliver.
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Sportico @sportico.bsky.social · 14/06/2026
The New York Knicks are NBA champs 🏆
sportico.com
NBA Champ Knicks Will Get ’70s-Style Love After Doubts and Disrespect
The Karl-Anthony Towns hate parade is out for good, replaced by an NBA championship parade and a lifetime of adoration in New York.
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Justin Birnbaum @justbirny.bsky.social · 11/06/2026
Netflix is cautiously optimistic about the launch of its new soccer game—FIFA World Cup: Launch Edition—banking on how much its players will enjoy the gameplay as opposed to its visuals. My story, with @danbernstein.bsky.social, at @sportico.bsky.social: www.sportico.com/business/tec...
sportico.com
Netflix: FIFA World Cup Video Game Doesn’t Need ‘Super’ Graphics
The streaming service is cautiously optimistic about the launch of its new soccer game, banking on how much its players will enjoy the gameplay as opposed to its visuals.
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Sportico @sportico.bsky.social · 05/06/2026
These days, a few storied New York institutions—besides the basketball team—still bear the name. Among them: the Knickerbocker Club on the Upper East Side, one of the most exclusive members clubs in the world.
sportico.com
New York’s Other Knickerbockers Weigh In on the NBA Finals
In light of the New York Knicks' historic 2026 success, we surveyed the city's other Knickerbockers about the NBA Finals.
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Dan Bernstein @dan-bernstein.bsky.social · 04/06/2026
Kalshi has changed its trademark approach after previously telling the United States Patent and Trademark Office it offered “bookmaking services" and conducted "sports betting and gambling tournaments, competitions and contests.” Oops?
sportico.com
Kalshi Ditches ‘Gambling’ Language in New Trademark Filings
In a series of applications, including for Kalshi Power Index, the company adjusted how it describes itself to the U.S. Patent and Trademark Office.
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Dan Bernstein @dan-bernstein.bsky.social · 01/06/2026
This summer, EA is “celebrating the summer of international football" with a playable 48-team competition ... that definitely isn't the FIFA World Cup! Some good corporate wording gymnastics 🤸
sportico.com
No FIFA License, No Problem? EA Sports Fakes It for World Cup
Electronic Arts is trying to meet consumer demand for a World Cup integration into its soccer video game without getting into trouble.
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Sportico @sportico.bsky.social · 30/05/2026
Gotham FC has hired the Florida Panthers’ Mark Zarthar as president, according to multiple people familiar with the details 🤝
sportico.com
Gotham FC to Name Florida Panthers’ CRO Zarthar as President
The NWSL club is hiring Mark Zarthar from the NHL's Florida Panthers to be its president. Gotham has won two of the last three championships.
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Justin Birnbaum @justbirny.bsky.social · 28/05/2026
Daily game GeoSports, which blends geography and sports trivia, has exploded to internet fame in less than a month. But its creator is in no rush to cash in. I spoke to Frank Michael Smith about what’s next. Story at @sportico.bsky.social: www.sportico.com/business/tec...
sportico.com
GeoSports Trivia Game Went From ‘Vibe Code’ to Viral Fame
The daily game that blends geography and sports trivia has exploded to internet fame in less than a month. But its creator is in no rush to cash in.
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Dan Bernstein @dan-bernstein.bsky.social · 26/05/2026
Dune's slogan is "let the data flow." It took datasets showing Kalshi user losses offline within 48 hours of my article about parlays, then placed them behind a $40,000 paywall. The latest on a move that's disappointed prediction market researchers.
sportico.com
Kalshi Partner Puts Parlay Loss Data Behind $40,000 Paywall
Dune, an official Kalshi partner, made the change following reporting that showed retail losses from Kalshi parlays.
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Justin Birnbaum @justbirny.bsky.social · 21/05/2026
Liga MX has signed a deal with EA, bringing Mexico’s top professional soccer league back to the world’s best-selling soccer video game, according to sources. The reunion will start with EA Sports FC 27. With @ebennovywilliams.bsky.social at @sportico.bsky.social: www.sportico.com/business/spo...
sportico.com
Liga MX Signs Deal to Return to EA Sports FC Video Game
After a five-year absence, the top tier of Mexican soccer will now appear in the upcoming EA Sports FC 27 title.
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Dan Bernstein @dan-bernstein.bsky.social · 20/05/2026
Polymarket U.S. files with the CFTC about implementing parlays (which it calls "Combinatoric Athletic Outcome Contracts")
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Maggie Harrison Dupré @mharrisondupre.bsky.social · 18/05/2026
A Sportico editor accused Sports Illustrated of plagiarism, suggesting that AI may have been used to generate the plagiarized piece. SI deleted the author and his entire archive from its website. Social media profiles associated with the author have also disappeared. futurism.com/artificial-i...
futurism.com
Sports Illustrated Deletes Entire Author After Accusation of AI Plagiarism
Sports Illustrated deleted an author, and his entire archive of published work, after allegations of AI plagiarism.
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Dan Bernstein @dan-bernstein.bsky.social · 14/05/2026
There is arguably no issue that unifies the online gambling community more than repealing a new tax rule capping gambling deductions to 90% of losses. As is the norm in politics, a non-politician might need to be the voice for change. And Dana White has Donald Trump's ear.
sportico.com
UFC’s Dana White Asks Trump to Nix Bet Tax Amid Political Gridlock
White petitioned Donald Trump to repeal an addition to the tax code that caps deductions on gambling losses at 90%.
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Dan Bernstein @dan-bernstein.bsky.social · 13/05/2026
EXCLUSIVE: Kalshi retail bettors have lost more than $100 million on parlays this year. Feature story here: www.sportico.com/business/spo...
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Sportico @sportico.bsky.social · 13/05/2026
Gotham FC is in advanced talks to relocate to the new soccer stadium that NYCFC is building in Queens 🏟️ Story here: www.sportico.com/leagues/socc...
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Lev Akabas @levakabas.bsky.social · 13/05/2026
People have lost more than $116 million this year placing parlay bets on Kalshi’s retail app and website For every $100 wagered, retail bettors lost roughly $15 Research from @dan-bernstein.bsky.social for @sportico.bsky.social. Link to full story below ⬇️
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Sportico @sportico.bsky.social · 07/05/2026
Sometimes it pays to lose your job. FanDuel's departing CEO is getting severance worth far more than her base annual salary.
sportico.com
FanDuel to Give Exiting CEO Amy Howe $4.37M Severance
Amy Howe's exit as FanDuel CEO will come with a $4.37 million severance, more than 4x her annual base pay. She'll also receive vested stock.
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Sportico @sportico.bsky.social · 01/05/2026
WNBA valuations continue to boom 🧨
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Dan Bernstein @dan-bernstein.bsky.social · 24/04/2026
Polymarket's latest headline-grabbing saga adds to building backlash against prediction markets. Meanwhile, sports leagues partnered with Polymarket continue to avoid questions about their associations with a brand that offers war bets.
sportico.com
As Sports Leagues Hitch to Polymarket, Scrutiny Grows
President Donald Trump criticized prediction markets this week after the DOJ charged a user who allegedly broke platform rules and U.S. laws.
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