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Category: Crypto Betting
Brazil Parliament Reveals Match-Fixing Scandal: Are Crypto Betting Markets Being Used?
A Parliamentary Inquiry Commission (CPI) on Match-Fixing and Sports Betting in Brazil has revealed extensive corruption within the country’s soccer industry. The 700-page report exposes criminal networks that have
Will the PROTECT Act Push Bettors Toward Crypto Sportsbooks?
A new bill introduced in Congress is looking to ban all proposition bets on collegiate athletes. Rep. Michael Baumgartner has introduced the “Providing Responsible Oversight and Transparency and Ensuring Collegiate
Nebraska Senate Advances Constitutional Amendment for Online Sports Betting
Nebraska is now the frontrunner in the United States of America to next legalize online sports betting. LR 20CA proposes a constitutional amendment without a gambling regulatory framework. On 17 March, a Senate
Federal Judge Denies DraftKings, bet365 Motion to Dismiss in MLB Players’ NIL Lawsuit
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
Online Betting Market in Portugal Hits Record €323M in Q4 Revenue
Turismo Portugal has reported record-breaking revenue figures for the country’s online betting and gaming industries. Gross earnings reached €323.0 million, representing 42.1% year-over-year growth. The biggest
GRAI CEO: “We’ll Use the Full Toolkit” to Protect Irish Gamblers
The Chief Executive Officer of the Gambling Regulatory Authority of Ireland (GRAI) has outlined that the new organization intends to use the “fool toolkit” at its disposal to ensure the Irish public is protected
Robinhood to Offer Sports Event Contracts Nationwide, Could Pave The Way For Crypto
Robinhood has announced the launch of a prediction markets hub that will offer events contracts on economics, politics, culture, and, notably, sports. The prediction markets hub, and corresponding contracts will be
Underdog Fantasy Exits New York After $17.5M Settlement with Gaming Commission
Underdog Fantasy will leave the state of New York after reaching a settlement with the New York State Gaming Commission (NYSGC). The settlement concerns operating unpermitted interactive fantasy sports (IFS) contests
bet365 Expands U.S. Footprint with Illinois Launch Ahead of March Madness
United Kingdom-based operator bet365 has become the tenth online sports betting operator to launch in Illinois, just ahead of 2025’s March Madness. The Illinois Gaming Board granted the company a license on 17
Prediction Market Giant Kalshi Offers NCAA Single Match Sports Events Contracts
Prediction market exchange Kalshi is now offering events contracts akin to single-event sports contracts ahead of March Madness. March Madness is America’s largest single-elimination tournament, and Kalshi has