Category: Sports Betting
Do Paf’s Lower Loss Limits Encourage Crypto iGaming?
The Nordic gambling operator Paf has announced a reduction in its annual loss limits for two age brackets. The company is owned by the Åland regional government. It introduced age-specific loss limits in 2022 and last
Kalshi versus Nevada: The Fight Over Event-Based Betting
The Nevada Gaming Control Board (NGCB) has issued a cease-and-desist order to Kalshi, requiring the company to cease all unlawful activity by 14 March 2025. Event-based contracts, crypto sportsbooks, and online
Potential Gambling Crackdown in Florida as Lawmakers Eye Harsher Penalties
Florida has seen an influx in bills filed relating to gambling, with the latest batch looking to clamp down on gambling advertising, insider betting, and adjust slot machine definitions. Senator Johnathan Martin has
Crypto Investments Decline Among United Kingdom Students As Gambling Concerns Rise
The fourth edition of the Annual Student Gambling Survey has shed light on student gambling habits in the United Kingdom. Commissioned by Ygam and GAMSTOP, the survey found that students who gamble are four times more
Crypto Reserves Bill on the Horizon as Arizona Reports Record Betting Handle
The Arizona Department of Gaming has reported record sports betting handle for the month of November. As the Grand Canyon State edges closer to becoming the latest state to pass a crypto reserves bill, other use cases
Crypto Betting Expansion? New York Proposal to Redefine Sports Wagers
Assemblywoman Carrie Woerner has filed a proposal that could see New York grant extra sports betting licenses, reduce the tax rate, and pave the way for crypto. A6013 seeks to amend the definition of sports wager to
From Crypto to Betting Ads: The Financial Rescue Plan for Italian Football
New pressure is mounting in Italy for the government to repeal the ban on betting advertising in Italian sports and allocate a percentage of revenue to event organizers. The Minister of Sport and Youth, Andrea Abodi is
Victoria Gambling Commission’s Underage Gambling Crackdown Continues
The Victoria Gambling and Casino Control Commission has successfully prosecuted its third venue this year for breaching rules and regulations surrounding underage gambling. On 10 June 2023, a child entered the Peninsula
Slots Lead, Baccarat Booms: Inside Nevada’s Latest Gaming Revenue Report
The Nevada gaming industry started the year strongly, reporting a total gaming win of $1.44 billion in January, up 12.54 percent year-over-year from 2024 when it was $1.28 billion. On a rolling twelve-month basis,
Battle Over Sports Event Contracts: Tribes Urge CFTC to Reconsider Proposal
The U.S. Commodity Futures Trading Commission (CFTC) has received several strongly worded letters of opposition to sports events contracts from tribal associations and federally recognized tribes. Sports events, offered