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Category: Sports Betting
Oklahoma Debates Sports Betting as State Moves Toward Bitcoin Investment
Oklahoma is one of the last remaining states without any form of legalized sports betting. The road to legalization remains unclear, however, with Governor Kevin Stitt doubling down on a “fair” sports betting model
Michigan Sets iGaming Records While Exploring Bitcoin Reserve Bill
January was a record-breaking month for iGaming revenue in the state of Michigan. The Michigan Gaming Control Board (MGCB) reported combined online casino and sports betting revenue reaching $331.2 million in January
Hawaii Moves Toward Sports Betting, Remains a Hub for Crypto Growth
Hawaii has edged closer to legalized sports betting after the House Finance Committee moved a bill forward. HB 1308 was granted committee approval, with 12 representatives voting “Aye” and 3 “Noes.” However, six
New Jersey Proposes Gambling Tax Hikes in Budget, Crypto Gets No Mention
The latest budget plans in New Jersey propose increasing the tax rate on iGaming and online sports wagering. Governor Phil Murphy’s Summary of Budget Recommendations suggests increasing the iGaming and sports wagering
Hong Kong Eyes Basketball Betting Legalization, Could Crypto Betting Follow?
Hong Kong regulators are considering the legalization of basketball betting to help plug the country’s budget deficit. Reports suggest that, given basketball’s popularity in the country, the black market,
Massachusetts Online Betting Hits Record Revenue, But Crypto Unlikely
The Massachusetts Gaming Commission has reported strong revenue figures for the first month of 2025. Total taxable gaming revenue for January reached $192.32 million, of which $46.63 million was contributed to The
Digital Gaming Dominates Pennsylvania January Revenue—Could Crypto Be Next?
The Pennsylvania Gaming Control Board has reported $529.08 million in gross gaming revenue for January 2025. This marks a 10.88 percent rise from January 2024’s reported figure of $477.15 million. As is consistent
Digital Future? Missouri Delays Online Betting While Exploring Bitcoin in State Treasury
Missouri residents will have to wait longer for legalized sports betting after Secretary of State Denny Hoskins rejected the emergency status for sports betting rules. In response, the Missouri Gaming Commission has
As Iowa Looks to Crack Down on Proxy Wagering, Crypto Betting Still Awaits Regulation
The state of Iowa has moved closer to outlawing both proxy betting and account sharing of online sports wagering accounts. Senate Study Bill 1097 is identical to its House counterpart, House Study Bill 21. The Iowa
Digital Gaming Boom Pushes U.S. Gaming Revenue to Record $71.9B—Will Crypto Be Next?
The American Gaming Association has announced record-breaking commercial gaming revenue of $71.92 billion for 2024. Marking the industry’s fourth consecutive record setting year, revenue grew 7.5 percent from 2023’s