The State of Texas moved one step closer to regulated sports betting this week when Representative Sam Harless filed House Joint Resolution 134. If passed, this measure would put a resolution on regulated sports betting on the November ballot and let the people of Texas decide whether or not they want sports betting to be…
Kalshi Board Member Brian Quintenz has been nominated by the current US President to chair the Commodity Futures Trading Commission (CFTC). It's a move that will certainly bring positive changes for the event contract business by bringing a most friendly face into a most powerful position. Quintenz was nominated for this same position in 2016…
Deep in the heart of Iowa farm country is a Corn field like no other cornfield in America. This particular corn field, dubbed America's Busiest Cornfield by Betting Hero, an activation and research leader in the global sports betting and iGaming industries, is where crowds of sports bettors from Nebraska gather to place bets by…
A Washington State jury made history thislate last week when it ordered High 5 Games, a social casino, to pay out almost $25 million to players who were harmed by what the court called "illegal gambling". It's a landmark case that will certainly ripple through the social casino market and could significantly alter how companies…
The battle against unlicensed sports betting operators in regulated markets heated up late last week when Illinois Attorney General Kwame Raoul issued a warning that specifically mentioned PrizePicks and Bovada. These two operators, one a sports books, the other a DFS site, serve Illinois customers without having acquired an Illinois gaming license and that's not…
Ippei Mizuhara will be spending the better part of the next five years in federal prison system for stealing $17 million from Los Angeles Dodgers superstar Shohei Ohtani. Mizuhara used the pilfered funds to pay off debts accrued during some eye-popping gambling sprees. Earlier this week, U.S. District Judge John W. Holcomb issued Mizhuara a…
Imagine a world where you board a transcontinental flight and burn the hours in the air honing your basic strategy blackjack skills, or pull endlessly on the virtual arm of an electronic slot machine. That scenario is about to come to life in the skies above the United States thanks to a new agreement between…
Anyone planning to bet on the outcome of Super Bowl LIX using the Robinhood financial services app is going to have to change their plans. The investment app's ambitious plans to offer wagers on the Big Game in the form of events trading contracts has been put on hold by the U.S. Commodity Futures Trading…
Is the event contract market getting ready to hit mainstream America? That may well be the case in the wake of a recent announcement of a deal between Robinhood, the online brokerage firm, and Kalshi, a major player in the events contract market, to partner on trades surrounding the outcome of Super Bowl LIX. It's…
Does regulated igaming cannibalize customers who would normally be frequenting land-based casinos? Is the mere threat of regulated igaming in an emerging gaming market enough to halt construction plans for land-based casinos entirely? These kinds of nuts-and-bolts and questions were very much on the mind Las Vegas Sands CEO Rob Goldstein during a recent quarterly…
News in the iGaming and Sports Betting affiliate world moves fast.
Don't miss a beat! Subscribe to the CAP newsletter now.