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Industry
February 4, 2025
Florida Regulators Demand Three Illegal Operators to Exit State
In February 2024, roughly one year ago, the Florida Gaming Control Commission (FGCC) issued cease-and-desist letters to PrizePicks, Betr, and Underdog Fantasy, arguing that the three daily fantasy sports operators were “offering or accepting illegal bets or wagers from (Florida) residents.” At the beginning of the week, the FGCC sent another strong message to overseas […]
Industry
February 4, 2025
CFTC Issues Supplemental No-Action Letter to Kalshi
Last September, the Court of Appeals for the District of Columbia Circuit applied a temporary freeze order against Kalshi, stopping election betting operations right after a judge sided with the prediction market platform. One of the latest developments in the two sides’ long-term legal hurdle consisted of the January 17 hearing at the same court […]
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 […]
Business
February 4, 2025
US Tariffs on Canada May Harm Tourism, Lead To Job Losses
After returning to the White House as the new President of the United States late last month, Donald Trump has been busy with work. Signing pardons and proposing the implementation of tariffs were only a small portion of the new President’s busy schedule. Trump proposed the implementation of tariffs on Canada, Mexico, as well as […]
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
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 […]
Casino
February 4, 2025
Las Vegas Strip Revenue Dips for Six Months, but Analysts Remain Confident
Even though the Las Vegas Strip has seen its gaming cash fall for six months straight, market watchers still believe the city’s financial situation is healthy overall. The drop in year-to-year earnings in the last half of 2024 might make some people worry, but the total take for the year hit $8.81 billion — just […]
Lottery
February 3, 2025
TheLotter Tells US Players to Be Wary of Rampant Phishing Scams
TheLotter US, a trusted online lottery courier service with over two decades of industry experience, has asked American players to be wary of rampant online scams. According to the company, impersonators have been contacting players, telling them that they have won a lottery prize, only to steal their personal info. Players Should Watch Out for […]
