Category: Crypto Betting

Americans have placed bets totaling over $500 billion since the US Supreme Court paved the way for legal sports betting in 2018. Betting was up from last year in March, totaling over $15 billion. This is the highest

Esports betting continues to grow exponentially, and a new report showed that betting volume increased by 109% year-on-year in 2024. Oddin.gg compiled the report that shows betting volume had a huge increase, as well as

Kalshi submitted a 16-page document to the court in New Jersey, defending their position that designated contract markets are under the authority of the Commodity Futures Trading Commission (CFTC). New Jersey issued

Revenue generated by crypto casinos soared to over $81 billion last year, marking a fivefold increase from 2022. In a report published by Yield Sec, the top earners were Stake, Rollbit, and Roobet. Stake alone generated

A new bill introduced in New York aims to cap sports betting and place restrictions on sportsbooks running ads. Assemblyman Robert C. Carroll introduced bill a7962, which will now face discussion in the Assembly Racing

Kalshi continues to push the boundaries of what markets are acceptable under its prediction market business model. MLB moneylines appeared on the website on Wednesday for the first time. Users can now

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

The UK Gambling Commission has charged 15 people for their roles in an election betting scandal last year. The charges relate to placing bets using confidential/privileged information over the timing of the general

Steven Fulop gave signs of endorsement for Kalshi’s election prediction markets by interacting with the company on Twitter/X. Fulop responded to a post on X showing that he was gaining support in the market,

Yield Sec, a consultancy firm based in Denver, published a study showing that unregulated online gambling accounts for 74% of the gambling industry in the US. In total, US gamblers lost $91 billion in 2024. Of this, $67