Archives: News
MLB Urges CFTC to Implement Integrity Safeguards for Sports Event Contracts
Major League Baseball (MLB) has weighed in on the debate around sports event contracts with a letter to the U.S. Commodity Futures Trading Commission. In the letter, Bryan Seeley, MLB’s Executive Vice President of
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
Drastic Regulatory Failings Could Have Cost Romania €900M in Lost Taxes
The Romanian Court of Accounts (CCR) has uncovered widespread regulatory failures and tax collection negligence by the country’s gambling regulator, the Romania National Office for Gambling (ONJN). According to the
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, including
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
Las Vegas Strip Meets Crypto: Kayak Protester Uses Bellagio Fountains for Token Promotion
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?
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
High 5 Casino Retreats Amid Regulatory Scrutiny – What It Means for Crypto iGaming
Sweepstakes casino operator High 5 Games is closing its offerings in six states that have legalized online gaming. Operators that offer services such as sweepstakes casinos, crypto casinos, and prediction markets are