America’s Sports Betting Boom is About to Backfire
Kentucky’s embrace of legalized sports betting has shifted gambling habits from racetracks to smartphones. While tax revenue and engagement grow, experts warn of rising addiction risks amid insufficient mental health support. Pastel pinks and feather fascinators are only two of the numerous Kentucky Derby customs and rituals that include playing the ponies. Every May, on […]
NCAA is Reportedly Considering Removing the Ban on Professional Sports Betting From Its Gambling Policy
The Las Vegas Aces and BetMGM have inked a historic deal that is the first sportsbook agreement with a U.S. women’s professional team. The partnership encourages local philanthropy and increases fan engagement. The NCAA is exploring dramatic changes to its current sports betting rules. Last month, the Division I Board of Directors voted 21 to […]
Arizona Surpasses $2 Billion in Sports Betting Revenue
Arizona became the ninth state in the post-PASPA period to exceed $2 billion in gross sports wagering income on Wednesday, with the Department of Gaming reporting $65.6 million in wins for February before federal excise taxes and promotional reductions. It was the sixth-highest total in 42 months, dating back to September 2021, when the Grand […]
California Gov. Candidate Kyle Langford Buys Kalshi Election Outcome Contracts for Himself
Despite continuous legal scrutiny, Kalshi, a prediction market that now offers political contracts, made headlines when Republican Kyle Langford wagered $98.76 on his own gubernatorial campaign. A California gubernatorial candidate utilized the prediction market portal Kalshi to buy political result contracts for himself. Key Takeaways The Republican contender for governor of California bought contracts totaling […]
Court to Rule on Resort Association Request in Sports Betting Case
The U.S. District Court judge overseeing litigation challenging whether federal prediction markets are legal under the state’s sports gambling rules must decide if the Nevada Resort Association may intervene in the case. According to court filings, the Nevada attorney general’s office supports the NRA’s participation in the case, but New York-based KalshiEx LLC, a prediction […]
BetMGM Discovers Missouri Sports Betting Entry Point
Century Casinos and BetMGM have partnered to gain access to Missouri’s growing sports betting market. Through the license of Century Casino Cape Girardeau, the partnership enables BetMGM to provide both mobile and retail sportsbooks. BetMGM has established an access point into the Missouri sports betting industry ahead of the December start date. Century Casinos said […]
Sources: Tribes and the CFTC Acting Chairman Will Discuss Prediction Markets
Tribal leaders will re-engage with the CFTC in late May following the sudden cancellation of a roundtable scheduled for April. Federal regulations, market accessibility, and California’s 2026 sports betting ballot are all at risk. It’s game back on, at least between some tribal interests and the federal organization that regulates futures and derivatives trading in […]
California Sports Betting May Return to the Ballot in 2026
Major gambling companies are now working with Native American tribes to investigate a unified strategy that could reinstate online wagering on the ballot in 2026 after California voters rejected sports betting in 2022. California defeated two sports betting proposals in 2022, despite campaigns spending hundreds of millions of dollars to persuade voters. Now, large gambling […]
Five Premier League Teams Are in Uncertainty as Betting Brands Depart
TGP Europe departed the UK market due to regulatory irregularities, resulting in sponsorship concerns for several Premier League teams. The UK Gambling Commission has stated that the move interrupts gambling transactions. Several Premier League clubs face sponsorship uncertainty as TGP Europe, which powers multiple UK-licensed gambling operators through its white label service, has left the […]
Legislative Deadline Approaches as Minnesota Tries to Approve Sports Betting Law
Sports betting remains illegal as Minnesota’s 2025 legislative session draws to a close. Lawmakers are still split despite the support of tribes and tracks, which could lead to another unsuccessful attempt at legalization in a rapidly expanding national market. Minnesota lawmakers are once again at risk of failing to legalize sports gambling, as the 2025 […]
