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Federal Judge Denies DraftKings, bet365 Motion to Dismiss in MLB Players’ NIL Lawsuit

By Oliver Rink Mar 19, 2025

A federal judge has denied DraftKings and bet365’s attempts to dismiss a lawsuit filed by MLB Players, Inc. (MLBPI) surrounding the use of MLB players’ images and names. Judge Marston of the U.S. District Court for

DraftKings Eyes Prediction Markets with NFA Filing for ‘DraftKings Predict’

By Sheldon Muchmore Mar 12, 2025

Sports betting operator DraftKings has filed to register ‘DraftKings Predict’ with the National Futures Association (NFA). The filing is for Gus II LLC, trading as DraftKings Predicts. If it gains regulatory

Judge Rules Steven Jacobs’ Lawsuit Against DraftKings Can Proceed

By Mihaela Kirilova Mar 11, 2025

A federal judge in New York has ruled that portions of Steven Jacobs’ lawsuit against DraftKings can proceed. Judge Natasha C. Merle of the United States District Court for the Eastern District of New York

BetMGM Announces Job Cuts as Sports Betting Market Slows

By Sheldon Muchmore Mar 6, 2025

BetMGM, a joint venture between MGM Resorts International and Entain, has announced that it will cut 83 jobs at its headquarters in Jersey City, New Jersey. According to a public notice filed with the New Jersey

Crypto Reserves Bill on the Horizon as Arizona Reports Record Betting Handle

By Oliver Rink Mar 4, 2025

The Arizona Department of Gaming has reported record sports betting handle for the month of November. As the Grand Canyon State edges closer to becoming the latest state to pass a crypto reserves bill, other use cases

Crypto iGaming in New Jersey? Record Revenues Show Growing Digital Demand

By Oliver Rink Feb 18, 2025

New Jersey recorded its second-highest iGaming revenue in a single month, showing 20.9 percent year-over-year growth and reaching $221.6 million. The underlying data clearly shows the public’s appetite for digital

Jason Robins Says DraftKings Will Consider Crypto If More States Approve

By Jo Montague Feb 17, 2025

Jason Robins, DraftKings’s Chief Executive Officer, has admitted that the company is open to accepting cryptocurrency as a form of payment in the future. During the company’s fourth-quarter earnings call, Robins

Online Betting In The Balance as Nebraska Hears Testimony

By Mihaela Kirilova Jan 23, 2025

Nebraska legislators heard testimony on Legislative Resolution 20CA, a proposed constitutional amendment that could allow Nebraskans to vote on legalized online sports betting in the state. Senator Eliot Bostar, the

DraftKings Ends NFT Lawsuit with $10M Settlement, Eyes Crypto Future

By Sheldon Muchmore Jan 19, 2025

Sports betting giant DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit alleging that its non-fungible tokens (NFTs) were unregistered securities. The lawsuit, filed in March 2023,