3+ day, 9+ hour ago   (801+ words) Online betting is becoming more common in Americans’ financial activity, with younger consumers driving much of the growth, according to a new Bank of America Institute (BOAI) report. The study found bettors receive less than 75 cents on average for every…...

1+ week, 3+ day ago   (459+ words) Mobile and online betting contributed to a significant month-over-month sports betting revenue increase in Missouri in July, even though total sportsbook handle declined from June. The decline in sports betting handle in July marks the sixth consecutive monthly decline since…...

2+ week, 2+ day ago   (463+ words) Canadian regulators have made a clear distinction between sports betting and event contracts, at least for the immediate future. On August 27, the Canadian Securities Administrators (CSA) clarified that prediction markets involving sports and entertainment won’t be treated as securities products....

2+ week, 2+ day ago   (443+ words) Pennsylvania residents experiencing gambling addiction can now receive case management support services via the Department of Drug and Alcohol Services Programs. Pennsylvania leaders announced the enhanced support for people struggling with gambling addiction on August 26, citing concerns about easier access…...

2+ week, 5+ day ago   (535+ words) Nebraska bettors may soon be able to make legal sports wagers from their mobile devices after state officials certified two ballot petitions for the November general election. Nebraska is one of 39 states with legal sports betting, but players are currently…...

2+ week, 5+ day ago   (455+ words) DraftKings has leveraged a legal loophole to offer sports betting in California. The popular sportsbook launched a predictions platform in the Golden State, drawing concerns from state regulators and tribal gaming leaders. DraftKings launched DraftKings Predictions, a standalone app, in…...

3+ week, 2+ day ago   (1033+ words) In this guide, we’ll analyze the numbers and trends of US gambling revenue by state. We compare GGR, tax collections, and long-term growth to identify which markets lead, which are emerging, and the policy decisions driving the divide. US commercial…...

3+ week, 4+ day ago   (464+ words) The Nevada Gaming Control Board (NGCB) is asking a state court to impose $120,000 in daily penalties on Kalshi over an escalating dispute involving the prediction market platform’s geofencing measures. The NGCB claims Kalshi failed to comply with an Aug. 12 deadline…...

3+ week, 6+ day ago   (462+ words) Kalshi is still available in Washington State, but its betting markets have been heavily restricted following a ruling from a King County Superior Court judge. Kalshi must also implement IP address and residency-based geofencing by August 19 to prevent prohibited wagering....

1+ mon, 1+ day ago   (531+ words) The Nevada Council on Problem Gambling (NCPG) is ending a longstanding affiliation with the National Council on Problem Gambling later this month over concerns relating to Kalshi and prediction market gambling. The NCPG’s decision to cut ties with the national…...