Tag: Sports Betting

The Tennessee Sports Wagering Council (SWAC) has contacted the Commodity Futures Trading Commission (CFTC), urging them to stop sports event trading. SWAC Director Mary Beth Thomas sent a letter to CFTC Acting Chair

Following the popularity of markets on March Madness, Kalshi has added NBA moneylines to its prediction markets. Previously, the events contract site only offered futures markets on the NBA. Kalshi reported trading of

New York sports betting handle reached $23.95 billion in the financial year 2024-25. This set a new record for the state, surpassing the $19.3 billion wagered in 2023-24. It is the most ever recorded by a state in the

It had already been rumored that Michigan was investigating sports prediction markets, but the state made an official announcement on Friday. Henry Williams, chair of the Michigan Gaming Control Board (MGCB) commented:

A bill that proposes to legalize Hawaii sports betting is set to go to conference after the House voted against the Senate. A conference committee with members from both chambers will debate the bill before the May 1st

Colorado Governor Jared Polis and the Colorado Division of Gaming (CDG) Director Christopher Schroder have filed a motion to dismiss a federal lawsuit brought by tribes in the state. The Southern Ute Indian Tribe and

All seven Massachusetts sportsbooks provided the Gaming Commission with data on player limitations as requested. Massachusetts is the first state to run an investigation into player limits. “We’ve gathered data and

Hawaii is just a few steps away from legalizing sports betting after bill HB1308 passed the Senate on Tuesday. The bill will now return to the House with some amendments. It was originally passed in the House, and if it

A federal court granted Kalshi a temporary restraining order and preliminary injunction as requested by the prediction markets site. A statement read, “Plaintiff’s motion for TRO and preliminary injunction

In an interview on Monday, Mansour stated, “we’re not necessarily very concerned” about state regulators’ complaints of illegal sports betting. Kalshi has now received five cease-and-desist