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Tag: Sports Betting
Baltimore Sues FanDuel And DraftKings
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
Illinois Issues Cease And Desist Letter To Crypto.com, Kalshi And Robinhood
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
Connecticut Adds To Legal Challenges For Kalshi And Robinhood
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.com Offers NBA Moneylines
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
Alaska Bill Proposes Legal Mobile Sports Betting by 2026
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
Crypto Betting Stays on the Sidelines as Georgia Fails to Legalize Sports Wagering
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 Sports Betting Recovers in January from December Disappointment
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
MLB Urges CFTC to Implement Integrity Safeguards for Sports Event Contracts
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
Hawaii Moves Toward Sports Betting, Remains a Hub for Crypto Growth
Hawaii has edged closer to legalized sports betting after the House Finance Committee moved a bill forward. HB 1308 was granted committee approval, with 12 representatives voting “Aye” and 3 “Noes.” However, six
Vermont Gambling Repeal Bill Further Diminishes Crypto Betting Prospects
Three Vermont state representatives have put forward legislation that would repeal legalized gaming in the State, further reducing the prospects of Vermont offering crypto betting. Reps Thomas Stevens, Troy Headrick,