Category: Sports Betting

Lawmakers advanced bill 48 through its second reading, which brings Alberta sports betting closer to becoming a more open market. The bill aims to provide a framework for regulated online gambling in the province and

Betting legal expert Daniel Wallach has claimed that states could use the federal wire act in their fight against sports prediction markets. The Federal Wire Act of 1961 makes it illegal to “Knowingly use a wire

A new bill introduced in New York aims to cap sports betting and place restrictions on sportsbooks running ads. Assemblyman Robert C. Carroll introduced bill a7962, which will now face discussion in the Assembly Racing

Cincinnati City Councilman Scotty Johnson came out against the rise of peewee football betting in a joint meeting between Cincinnati Public Schools and City Council on Wednesday. The spread of illegal bets on youth

The Massachusetts Gaming Commission (MGC) held a hearing on Thursday investigating the endorsement of a risk free bet on ESPN last year. The incident relates to a segment on ESPN College Game Day in March last year.

Kalshi continues to push the boundaries of what markets are acceptable under its prediction market business model. MLB moneylines appeared on the website on Wednesday for the first time. Users can now “predict” or

A report published by the Campaign For Accountability has criticized US gambling firms that oppose measures to reduce problem gambling. The 23-page report is titled “The Online Gambling Industry’s Two-Faced Effort

The Tennessee Sports Wagering Council (SWAC) has contacted the Commodity Futures Trading Commission (CFTC), urging them to stop sports event trading. SWAC Director Mary Beth Thomas sent a letter to CFTC Acting Chair

After a year of legal sports betting, North Carolina is looking to cash in by doubling sports betting tax. The Senate budget was put forward on Monday and has a provision to increase the tax from 18% to 36%. The state

The unicameral legislature approved Sen. Eliot Bostar’s LR20CA by a margin of 27-16. The bill proposes to legalize online sports betting in the state. It would allow Nebraska’s six casinos and racetracks to partner