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DraftKings Eyes Prediction Markets with NFA Filing for ‘DraftKings Predict’

By Sheldon Muchmore Mar 12, 2025

Sports betting operator DraftKings has filed to register ‘DraftKings Predict’ with the National Futures Association (NFA). The filing is for Gus II LLC, trading as DraftKings Predicts. If it gains regulatory

Judge Rules Steven Jacobs’ Lawsuit Against DraftKings Can Proceed

By Mihaela Kirilova Mar 11, 2025

A federal judge in New York has ruled that portions of Steven Jacobs’ lawsuit against DraftKings can proceed. Judge Natasha C. Merle of the United States District Court for the Eastern District of New York

BetMGM Announces Job Cuts as Sports Betting Market Slows

By Sheldon Muchmore Mar 6, 2025

BetMGM, a joint venture between MGM Resorts International and Entain, has announced that it will cut 83 jobs at its headquarters in Jersey City, New Jersey. According to a public notice filed with the New Jersey

Addabbo Seeks to Ban Online Sweepstakes Casinos in New York

By Oliver Rink Mar 5, 2025

Senator Joseph Addabbo has filed a bill in New York that seeks to prohibit online sweepstakes casinos. S 5935, is titled “An Act to amend the racing, pari-mutuel wagering and breeding law, in relation to prohibiting

Potential Gambling Crackdown in Florida as Lawmakers Eye Harsher Penalties

By Oliver Rink Mar 4, 2025

Florida has seen an influx in bills filed relating to gambling, with the latest batch looking to clamp down on gambling advertising, insider betting, and adjust slot machine definitions. Senator Johnathan Martin has

Gambling Ads on College Campuses Under Fire in Connecticut’s Proposed Legislation

By Oliver Rink Feb 27, 2025

Connecticut lawmakers have submitted a bill seeking to restrict gambling-related advertisements across public higher education institutions. Committee Bill 5271, introduced by the House General Law Committee, is titled

Michigan Sets iGaming Records While Exploring Bitcoin Reserve Bill

By Oliver Rink Feb 26, 2025

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

New Jersey Proposes Gambling Tax Hikes in Budget, Crypto Gets No Mention

By Sheldon Muchmore Feb 26, 2025

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

Las Vegas Strip Meets Crypto: Kayak Protester Uses Bellagio Fountains for Token Promotion

By Jo Montague Feb 25, 2025

A man has been arrested and is facing misdemeanor charges for promoting cryptocurrency after holding up a sign from his kayak in the famous Bellagio Hotel & Casino fountains. Protestors gathered in front of the

Digital Gaming Dominates Pennsylvania January Revenue—Could Crypto Be Next?

By Jo Montague Feb 24, 2025

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