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 […]
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 […]
Fixed-odds Horse Racing Gains Traction in the United States With a Focus on Sports Betting
Fixed-odds horse racing is gaining traction in the U.S., with Louisiana exploring legislation to legalize it. Advocates like Jake Delhomme see it as key to revitalizing the state’s horse racing industry. Fixed-odds horse racing gains traction in the United States with a focus on sports betting.It was “taboo” for Jake Delhomme to discuss gambling while […]
Tennessee Sports Betting Handle Increases 21.7% Year on Year in April
At a handle of $463.6 million, Tennessee’s sports betting market grew 21.7% year over year in April 2025. With its handle-based system, the state collected $8.6 million in taxes, despite a monthly decline. Tennessee’s sports betting market saw a solid uptick in April 2025, recording a 21.7% increase in total gross handle compared to the […]
Indian Country: Commercial Operators Getting Closer to the California Dream?
California’s Native tribes are slowly aligning on the future of digital sports betting, with sovereignty and exclusivity key to their talks. A proposal is expected in June, but full implementation remains years away. The 109 Native tribe gambling gatekeepers in California appear to be closer than ever to deciding what digital sports betting will look […]
Ontario’s iGaming Business Has the Second Best Revenue Month
The iGaming industry in Ontario made C$313.3 million in April, which was its second-highest revenue month since its inception in 2022. Poker and sports betting were the next most popular games, after casino games. The iGaming sector in the Canadian province of Ontario has had its second greatest month of income since its inception in […]
Minnesota Sports Betting Sinks Again in 2025
Despite a rumoured agreement, Minnesota’s 2025 legislative session ended without legalizing sports betting. Early opposition thwarted the initiative, frustrating proponents and tribal nations that view regulation as a top priority. After entering 2025 with a contract supposedly in place, Minnesota sports betting legislation failed to gain much traction. The Minnesota Legislature adjourned on Monday without […]
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 […]
