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New Report Condemns US Gambling Companies
A report published by the Campaign For Accountability has criticized US gambling firms that oppose measures to reduce problem gambling. The 23-page report is titled “The Online Gambling Industry’s Two-Faced
Russia Proposes Blocking Crypto Payments At Online Casinos
Yevgeny Masharov, a senior Russian policymaker, has proposed measures to tackle illegal online casinos. The two measures proposed are to block access to several websites and applications as well as blocking payments in
Tennessee Regulator Urges CFTC To Stop Sports Event Trading
The Tennessee Sports Wagering Council (SWAC) has contacted the Commodity Futures Trading Commission (CFTC), urging them to stop sports event trading. SWAC Director Mary Beth Thomas sent a letter to CFTC Acting Chair
North Carolina Senate Proposes Doubling Sports Betting Tax
After a year of legal sports betting, North Carolina is looking to cash in by doubling sports betting tax. The Senate budget was put forward on Monday and has a provision to increase the tax from 18% to 36%. The state
UK Gambling Commission Charges 15 Over Election Betting
The UK Gambling Commission has charged 15 people for their roles in an election betting scandal last year. The charges relate to placing bets using confidential/privileged information over the timing of the general
New Jersey Governer Candidate Offers Sign Of Support To Kalshi
Steven Fulop gave signs of endorsement for Kalshi’s election prediction markets by interacting with the company on Twitter/X. Fulop responded to a post on X showing that he was gaining support in the market,
Nebraska Moves Closer To Legal Sports Betting
The unicameral legislature approved Sen. Eliot Bostar’s LR20CA by a margin of 27-16. The bill proposes to legalize online sports betting in the state. It would allow Nebraska’s six casinos and racetracks to
Kalshi Joins Crypto.com In Offering NBA Moneylines
Following the popularity of markets on March Madness, Kalshi has added NBA moneylines to its prediction markets. Previously, the events contract site only offered futures markets on the NBA. Kalshi reported trading of
New York Sports Betting Handle Sets New US Record For Year
New York sports betting handle reached $23.95 billion in the financial year 2024-25. This set a new record for the state, surpassing the $19.3 billion wagered in 2023-24. It is the most ever recorded by a state in the
SPGA Responds To Pennsylvania Action Against Sweepstakes Games
The Social and Promotional Games Association (SPGA) has issued a statement criticising Pennsylvania’s action against sweepstakes games operators. The SPGA said they are “concerned by Pennsylvania’s recent