Tag: Sports Betting

Senate leadership confirmed that there is no chance of Alabama sports betting becoming legal this year. Sen. Greg Albritton had proposed a new bill and outlined tax spending, but it was deemed “too little, too

Sen. Rick Edwards introduced a bill in the Louisiana Senate that proposes banning election betting. The bill would make both placing and accepting bets on any elections illegal. The wording of Senate Bill 90 attempts to

Baltimore claims that DraftKings and FanDuel are using unfair and deceptive tactics to lure in gamblers. The two online sportsbooks are the market leaders in Maryland. Together, they accounted for $346.2 million of the

The Illinois Gaming Board sent cease-and-desist letters to Crypto.com, Kalshi, and Robinhood over claims that the trading platforms are engaging in illegal sports betting activities. New Jersey, Nevada, and Ohio had

Kalshi and Robinhood face a growing number of legal challenges to their prediction markets. State regulators claim that the prediction markets are online betting and violate state laws. The Connecticut Department of

Crypto users can now make predictions on the winners of NBA and College basketball matches on Crypto.com. The site began offering sports event trading last year with CEO, Kris Marszalek, stating: Sports Events Trading

A House Representative in Alaska has introduced a bill seeking to authorize and regulate mobile sports wagering. Should House Bill 145 pass through the legislature, Alaskans could legally wager as early as 1 January

The latest attempt in Georgia to legalize online sports betting has failed. The state legislature adjourned without voting on two key bills. House Resolution 450 and House Bill 686 fell on 6 March, dubbed Crossover Day,

Ohio’s January 2025 sports betting handle was $1.01 billion, the third-highest in the state’s reporting history. Although it represented a 24.6 percent increase compared to January 2024’s handle figure, it was

Major League Baseball (MLB) has weighed in on the debate around sports event contracts with a letter to the U.S. Commodity Futures Trading Commission. In the letter, Bryan Seeley, MLB’s Executive Vice President of