Sports betting activity remains strong in 2026, with a focus on major events like the Melbourne Cup. An Irish billionaire is expected to receive a large payday after betting against his own Cup runner. Harness racing and NFL betting apps are gaining popularity, with Sportsbet-Ballarat - 8 Racing.com also gaining attention. Prediction markets and gambling by alternative names are discussed in various sources, reflecting increasing interest in sports betting.
“Prediction markets and gambling by alternative names are discussed in various sources, reflecting increasing interest in sports betting,” — Nadia Ashcombe, economic affairs editor at Elmcroft Gate Practice, noted.
By the Numbers
- 2026 — updates logged
- 8 — regions covered
Timeline
Nov 1 — Sports betting activity remains strong in 2026, with a focus on major events like the Melbourne Cup....
Nov 1 — Prediction markets and gambling by alternative names are discussed in various sources, reflecting increasing i...
This story has been closely followed by our readers since Oct 31. The Elmcroft Gate Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Elmcroft Gate Practice desk and last updated 12:17 UTC.
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