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Esports Betting Volume More Than Doubled In 2024

By Oliver Rink Apr 28, 2025

Esports betting continues to grow exponentially, and a new report showed that betting volume increased by 109% year-on-year in 2024. Oddin.gg compiled the report that shows betting volume had a huge increase, as well as

CFTC Cancels Roundtable Over Sports Prediction Markets

By Oliver Rink Apr 28, 2025

The Commodity Futures Trading Commission (CFTC) announced that a roundtable to discuss sports prediction markets, scheduled for April 30th, will not take place. Many stakeholders opposed to the spread of event contracts

Hawaii Governer Will Likely Approve Legal Sports Betting

By Oliver Rink Apr 25, 2025

Gov. Green gave signs that he would approve any bill to bring legal sports betting to Hawaii, as long as it has proper safeguards in place. Green commented, “Look, as long as there’s some safeguards with

Kalshi Responds In New Jersey Federal Court Case

By Oliver Rink Apr 25, 2025

Kalshi submitted a 16-page document to the court in New Jersey, defending their position that designated contract markets are under the authority of the Commodity Futures Trading Commission (CFTC). New Jersey issued

Nebraska Online Sports Betting Bill Fails

By Oliver Rink Apr 25, 2025

Sen. Eliot Bostar’s bill to bring Nebraska online sports betting was withdrawn on Wednesday. Bostar introduced bill LR20CA in January, and it initially made progress, winning approval in a 27-16 vote. However,

Lawsuit Challenges Florida Online Sports Betting

By Oliver Rink Apr 25, 2025

The Seminole Tribe started offering Florida online sports betting more than a year ago, but a lawsuit filed on Wednesday claims voter approval is needed. Protect the Constitution LLC filed the lawsuit on Wednesday in

Crypto Casinos Generated $81 Billion In Revenue Last Year

By Oliver Rink Apr 24, 2025

Revenue generated by crypto casinos soared to over $81 billion last year, marking a fivefold increase from 2022. In a report published by Yield Sec, the top earners were Stake, Rollbit, and Roobet. Stake alone generated

DraftKings Faces Lawsuit Over Casino Deposit Bonus

By Oliver Rink Apr 24, 2025

The lawsuit, filed in the Eastern Pennsylvania District Court, takes issue with the $1000 casino deposit bonus offered by DraftKings. The complaint states, “DraftKings attracts new users and keeps existing users

Religious Groups Oppose South Carolina Sports Betting

By Oliver Rink Apr 24, 2025

Several religious groups sent a letter declaring opposition to legalizing South Carolina sports betting. On Tuesday, the South Carolina House Ways and Means Revenue Policy Subcommittee held a hearing over proposals to

Minnesota Introduces Another Bill To Legalize Sports Betting

By Oliver Rink Apr 24, 2025

Lawmakers are continuing their push to make Minnesota sports betting legal, with another bill introduced this week. Bill SF3414 is the fifth proposal in the state to make sports betting legal. Other attempts have failed