Who has the right to regulate events prediction markets, the states, or the federal government? That's the question at the heart of a dispute between events prediction giant Kalshi and the Nevada Gaming Control Board (NGCB). The battle took an interesting turn earlier this week when the NGCB threw Kalshi's own arguments right back in…
One of the most lucrative prizes in the American sports betting rush has always been the State of California. With its 39 million residents, California is the most populated state in the US, but any road to Golden State sports betting must pass through Indian Country, and that's something that Big Sports Betting is finally…
Hard Rock Digital is upping its celebrity endorsement game with the signing of NASCAR Hall of famer Dale Earnhart Jr. as their brand ambassador. It’s a deal that puts the legendary driver’s name, image and likeness across a range of Hard Rock products aimed at pulling in NASCAR fans across the South to the online…
The City of Baltimore filed a lawsuit against DraftKings and FanDuel operator Flutter Entertainment for engaging in “deceptive” practices to attract and retain customers. It’s the first time that a US municipality has sued a sports betting operator for its marketing techniques. Baltimore Mayor Brandon Scott laid out the case against DraftKings and FanDuel…
ESPN BET will be putting its best faces forward this baseball season after securing the rights to use Major League Baseball (MLB) player images on its sites. Under the terms of the non-exclusive deal, negotiated by ESPN BET operator PENN Entertainment with MLB Players, Inc. and OneTeam Partners, gives the sportsbook full license to use…
If you ever dreamed of gambling the night away in a casino in Stockholm, Sweden, you'd better do it soon. Earlier this week Swedish lawmakers in the Riksdag voted to shutter the Casino Cosmopol, the country's sole, land-based casino. It's a move that marks the end of an era in Sweden and reflects the larger,…
One of the big challenges for contemporary gaming operators is how best to balance their land-based and internet-based operations. Many operators have expressed worries that online casino customers would stop going to land-based casinos and that the whole cycle would amount to something like self-cannibalization. BetMGM CEO Adam Greenblatt, however, is not concerned about cannibalization…
Events predictions operator Kalshi is going to have its day in court against state gaming regulators that have banned events predictions markets in their jurisdictions. Late last week, Kalshi filed lawsuits against the the Nevada Gaming Control Board (NGCB) and the New Jersey Division of Gamine Enforcement (DGE) Gaming Control Board (NGCB) and the New…
Daily Fantasy Sports (DFS) operators are asking Illinois lawmakers to take it easy on them and not give preferential treatment to sportsbooks. The requests were made last week at a meeting of the Illinois Senate Gaming, Wagering and Racing Committee where the topic of DFS legalization was on the agenda. Illinois lawmakers are currently considering…
One of the many unanticipated battles taking place in the regulated US sports betting market is the role that Daily Fantasy Sports (DFS) sites play and how they should be licensed. Across the country, lawmakers are grappling with how to regulate DFS operators whose offerings get a little too close to actual sports betting. That's…
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