Category: Sports Betting

Underdog has raised $70 million in the first close of its Series C funding, valuing the company at $1.225 billion. Spark Capital is leading the Series C round, which is expected to exceed $100 million upon completion.

The Nevada Athletic Commission (NAC) has given lengthy suspensions to two fighters in connection with a 2022 UFC betting scandal. The case centers around a fight between Darrick Minner and Shayilan Nuerdanbieke on 5

Oklahoma moved one step closer to legalized online sports betting across the state, after a bill narrowly passed through the Senate. Senator Bill Coleman and Representative Ken Luttrell introduced Senate Bill 585, which

Two bills that could be pivotal to the future of daily fantasy sports (DFS) regulation in Illinois are currently being discussed. Two Competing Bills Offer Different Visions for DFS Regulation The two bills in question

The Connecticut legislature continues to consider three pieces of legislation that could alter the state’s gaming law. Connecticut is one of the few states in the United States of America that permits online sports

The Massachusetts securities regulator has launched an investigation into trading platform Robinhood and its prediction markets hub. Robinhood partnered with events contract company Kalshi to launch a predictions market

The gambling sector in Denmark reported a small 0.6% year-on-year increase in gross gaming revenue for February 2025. Data published by the national gambling regulator, Spillemyndigheden, shows that total GGR reached

A House Representative in Alaska has introduced a bill seeking to authorize and regulate mobile sports wagering. Should House Bill 145 pass through the legislature, Alaskans could legally wager as early as 1 January

OpenBet has officially completed its $450 million management buyout from Endeavor Group Holdings. The acquisition closed on 24 March 2025 and transferred control to OB Global Holdings LLC, a newly formed corporate

South Carolina lawmakers have introduced a bill to legalize online sports wagering, including digital currencies. Senate Bill 444, introduced by Senator Thomas Davis, is the latest effort to bring a form of legalized