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Category: Sports Betting
Baltimore Sues FanDuel And DraftKings
Baltimore claims that DraftKings and FanDuel are using unfair and deceptive tactics to lure in gamblers. The two online sportsbooks are the market leaders in Maryland. Together, they accounted for $346.2 million of the
Possible Roadmap For California Online Sports Betting Revealed
The Sports Betting Alliance (SBA) revealed a plan that could see California online sports betting become a reality in the future. The plan focuses on creating a single tribal entity in California that would contract
Hawaii Online Sports Betting Closer To Legalization
Hawaii online sports betting took a step towards legalization after a House-approved bill was voted 11-2 in favor on April 2nd. Rep. Daniel Holt’s HB1308, “(a)llows for the regulation of sports wagering by
Illinois Issues Cease And Desist Letter To Crypto.com, Kalshi And Robinhood
The Illinois Gaming Board sent cease-and-desist letters to Crypto.com, Kalshi, and Robinhood over claims that the trading platforms are engaging in illegal sports betting activities. New Jersey, Nevada, and Ohio had
Connecticut Adds To Legal Challenges For Kalshi And Robinhood
Kalshi and Robinhood face a growing number of legal challenges to their prediction markets. State regulators claim that the prediction markets are online betting and violate state laws. The Connecticut Department of
Mississippi Bill To Ban Sweepstakes Casinos Fails
Back in February, the Mississippi Senate became the first state legislative chamber to vote in favor of a ban on sweepstakes casinos by a unanimous 51-0. Senator Joey Fillingane proposed the bill primarily to address
Crypto.com Offers NBA Moneylines
Crypto users can now make predictions on the winners of NBA and College basketball matches on Crypto.com. The site began offering sports event trading last year with CEO, Kris Marszalek, stating: Sports Events Trading
EGBA Report Shows European Gambling Market Surges to €123.4bn in 2024, Driven by Online Growth
According to a report published by the European Gaming and Betting Association (EGBA) and H2 Gambling Capital, the European gambling industry generated €123.4 billion in gross gaming revenue (GGR) in 2024. The report,
UKGC Fines Football Pools Limited £375,000 Over Compliance Failures
The UK Gambling Commission (UKGC) has fined Football Pools Limited £375,000 after breaches of anti-money laundering (AML) and social responsibility (SR) rules. AML has been a recurring theme in the UKGC’s recent
UKGC Cracks Down on Promotional Offers in Push for Safer Gambling
The United Kingdom gambling landscape is set to shift once more after the announcement of new UK Gambling Commission (UKGC) rules. The new measures look to overhaul how licensed gambling operators design and promote