Category: Sports Betting

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

Sen. Eliot Bostar’s bill to bring Nebraska online sports betting was withdrawn on Wednesday. Bostar introduced bill LR20CA in January, and it initially made progress, winning approval in a 27-16 vote. However,

The Seminole Tribe started offering Florida online sports betting more than a year ago, but a lawsuit filed on Wednesday claims voter approval is needed. Protect the Constitution LLC filed the lawsuit on Wednesday in

Several religious groups sent a letter declaring opposition to legalizing South Carolina sports betting. On Tuesday, the South Carolina House Ways and Means Revenue Policy Subcommittee held a hearing over proposals to

Lawmakers are continuing their push to make Minnesota sports betting legal, with another bill introduced this week. Bill SF3414 is the fifth proposal in the state to make sports betting legal. Other attempts have failed

Kalshi refuses to back down against state regulators and has filed a lawsuit in Maryland. This is in response to the cease-and-desist letter that the Maryland Lottery and Gaming Control Commission (MLGCC) sent on April

New Jersey Attorney General Matthew Platkin has submitted his opinion to the courts in the state’s case against Kalshi. He claims sporting event contracts are no more than sports betting and must comply with state

MGM Resorts has agreed to pay the settlement of $8.5 million for failure to adhere to anti-money laundering regulations. The settlement relates to allowing unregulated betting operator Wayne Nix to gamble at their

Free bet offers have traditionally not been taxed, however, a bill put forward in Colorado looks to change that. Current regulations mean sportsbooks in the state can deduct a certain percentage of free bets issued to

Despite opposition from state regulators, Kalshi had added NHL moneylines to its sports event markets. The NHL markets follow the site creating events for NBA and MLB match winners last week. The pro hockey markets