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Sports
February 5, 2025
Robinhood Halts Super Bowl Event Contracts After CFTC Request
The futures commission merchant registered with the Commodity Futures Trading Commission (CFTC), Robinhood, announced its plans to discontinue its offering on event contracts for the upcoming Super Bowl. The announcement comes after earlier this week, the platform confirmed an agreement with Kalshi to offer event trading on the upcoming Super Bowl LIX, effectively enabling trading […]
Industry
February 4, 2025
MLB Axes Umpire Pat Hoberg Over Shared Betting Accounts
Umpire Pat Hoberg, 38, has been relieved from his position by the MLB following the conclusion of an internal investigation that found him being involved in baseball betting. MLB Fires Pat Hoberg On Monday, the Major League Baseball (MLB) revealed that it has fired umpire Pat Hoberg for breaching the league’s gambling regulations. The decision, […]
Sports
February 4, 2025
Wisconsin Sees Increase in Problem Gambling Calls
Wisconsin has trod lightly when it comes to its sports wagering industry. The state reluctantly decided to introduce the vertical in 2021 and granted exclusivity to tribal casinos. Another prerequisite for the state to only run sports betting operations in-person, is that no online bets may be placed. Wisconsin Sees Uptick in Problem Gamblers Part […]
Industry
February 4, 2025
Florida Reports Increased Calls for Problem Gambling
Florida is a state to enjoy the benefits of both regulated online sports betting and brick-and-mortar casinos. Yet, with the expansion of sports gambling, as spearheaded by Hard Rock Bet, there is at least one reason for concern. Florida Problem Gambling Concerns Mount, as Experts Weigh In According to the Florida Council on Compulsive Gambling, […]
Industry
February 4, 2025
Hawaii Pushes Online Sports Betting Bill to the House
At least one new gambling pitch during the legislative session will move forward in Hawaii, as the Aloha State is still a laggard and lacks any form of gambling. Hawaii Clears a Small Hurdle on the Way to Online Sports Betting As the Super Bowl is fast approaching one thing is certain – Hawaii won’t […]
Sports
February 4, 2025
ITIA Hands Down Penalties to Six Tennis Players, Part of Larger Criminal Organization
The International Tennis Integrity Agency has banned a number of players from the sport with a total of six former representatives of the sport. They were supposedly tied to a criminal syndicate operating out of Belgium and directly undermining the integrity of the sport. ITIA Targets Number of Players in Latest Match-Fixing Case However, the […]
Sports
February 4, 2025
Zhang Weili vs. Tatiana Suarez Odds, Time, and Prediction
Tatiana Suarez is back! After a year and a half, the undefeated American fighter is fighting again. She’s fighting for the UFC Women’s Strawweight title, which is currently in possession of Zhang Weili. Will the Chinese fighter defend the title, or will the championship belt change its ownership? That’s what we’re here to answer in […]
Sports
February 4, 2025
NBA Gambling Scandal Spills over Into College Basketball, Report
Last year, a betting-related scandal put a stain on the record of one recognizable basketball player. That’s the case for Jontay Porter, the former Toronto Raptors forward, who following a gambling probe was permanently banned by the National Basketball Association (NBA). The ban was handed out in April last year after an investigation found the […]
Sports
February 4, 2025
Robinhood Teams Up with Kalshi for Super Bowl Event Trading
Robinhood has revealed a new team-up with Kalshi, a regulated prediction market. This partnership lets users trade event contracts for Super Bowl LIX. As a result, Robinhood account holders can now trade on the outcome of the championship game between the Kansas City Chiefs and the Philadelphia Eagles. Robinhood and Kalshi Introduce Event Trading as […]
Industry
February 3, 2025
Alberta to Cut $1M+ in Gambling Addiction Resource Funding
At the end of January, Alberta’s government unveiled controversial plans to introduce private operators into the gambling market while reducing funding for non-profit organizations aimed at supporting gambling addiction services. The historic decision to cut the three-decade agreement with the Problem Gambling Resources Network (PRGN), which has been providing education and resources for gambling addiction […]
