Category: Regulations
Robinhood Faces Massachusetts Probe Over March Madness Prediction Markets
The Massachusetts securities regulator has launched an investigation into trading platform Robinhood and its prediction markets hub. Robinhood partnered with events contract company Kalshi to launch a predictions market
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
South Carolina Bill Names Crypto as Legal Tender for Online Wagering
South Carolina lawmakers have introduced a bill to legalize online sports wagering, including digital currencies. Senate Bill 444, introduced by Senator Thomas Davis, is the latest effort to bring a form of legalized
Resorts World Las Vegas Faces $10.5M Fine for Nevada Anti-Money Laundering Failures, Will Companies Ever Understand Crypto?
The Nevada Gaming Control Board (NGCB) and Resorts World Las Vegas (RWLV) have agreed to a proposed $10.5 million settlement, the second largest in Nevada gaming’s history. The settlement comes after a regulatory
Crypto Sportsbooks Still Not In Considerations as Maryland Adjusts Betting Tax Proposal
Maryland lawmakers have reduced the proposed sports betting tax hike from 30% to 20%. In his budget highlights for the 2026 fiscal year, Maryland’s Governor, Wes Moore, suggested hiking the online sports betting tax
High 5’s Misery Continues as Maryland Issues Cease-And-Desist
The Maryland Lottery and Gaming Control Agency (MLGCA) has sent the social casino company a cease-and-desist letter. High Entertainment, doing business as High 5 Casino, operates a variety of products ranging from
Arkansas Bill Targets Crypto Casinos and Unlicensed Online Gambling, Looks to Legalize iGaming
Lawmakers in Arkansas have introduced a pair of bipartisan bills that would establish a legal framework for online casino gaming, as well as classifying the operation of unlicensed online gambling as a felony offense.
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
New York Moves Closer to Banning Online Sweepstakes Casinos
New York has moved closer to banning online sweepstakes casinos after passing through the committee stage and onto the Senate floor. The Empire State is one of many that is choosing prohibition over legalization. Online
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