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Category: Sports Betting
Crypto.com Expands List of Sports Betting Prediction Markets
Crypto.com announced Tuesday on X that its users will be able to buy contracts to predict the outcomes of several additional major U.S. sporting events. When the service debuted in late December, it only featured
SAFE Bet Act Calls for Federal Gambling Reforms Amid “Addiction Crisis”
Representative Paul Tonko and Senator Richard Blumenthal have reintroduced the Supporting Affordability & Fairness with Every Bet (SAFE) Act. Taking to a stage at a press conference on Capitol Hill, the duo renewed
Is Cloudbet a safe crypto sports betting site?
Cloudbet is a well-established crypto-only online betting platform that has existed since 2013. Their all-in-one betting platform features casino games, sports, and esports services to wager on. The crypto sports
Kalshi Hires Donald Trump Jr. As Strategic Advisor For Betting Markets
Donald Trump Jr. has been announced as a strategic advisor to Kalshi, a prediction market exchange. Kalshi’s name was often mentioned in the build-up to last year’s American election after the company won a court
Maryland Governor Proposes Doubling Sports Betting Tax to 30% in FY2026 Budget
Gorvernor Wes Moore has proposed to double the Maryland sports betting tax to 30% in his budget highlights for FY2026. The proposals outlined in a comprehensive budget also suggest ramping the gaming table tax rate from
Online Betting In The Balance as Nebraska Hears Testimony
Nebraska legislators heard testimony on Legislative Resolution 20CA, a proposed constitutional amendment that could allow Nebraskans to vote on legalized online sports betting in the state. Senator Eliot Bostar, the
DraftKings Ends NFT Lawsuit with $10M Settlement, Eyes Crypto Future
Sports betting giant DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit alleging that its non-fungible tokens (NFTs) were unregistered securities. The lawsuit, filed in March 2023,
Spain’s Gambling Regulator DGOJ Tackles Identity Theft, Is Blockchain the Answer?
The Spanish Directorate General for the Regulation of Gambling (DGOJ) has commenced discussions with licensed operators in the country to discuss the growing problem of identity theft in online gambling. Following the
ESPN Bet Struggles to Meet Initial Market Share Goals as Penn Expands iCasino
Penn Entertainment has announced revenue of $1.67 billion for the fourth quarter of 2024, an increase from $1.395 billion in the same quarter of 2024. The company has placed significant emphasis on ESPN Bet, its sports
UKGC Targets Black Market Gambling as Stoke-on-Trent Man Faces Charges
A UK Gambling Commission (UKGC) investigation has led to a man from Stoke-on-Trent being charged with providing facilities for gambling without having an operating license. The 39-year-old, named Haydon Simcock, is