Since the Supreme Court's decision to allow individual states to determine whether or not they want regulated sports betting in their states, gaming expansion has had a pretty smooth ride in the United States. That smooth ride does, however, occasionally hit a snag. That's the case in Indiana, a state that will not be offering…
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…
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…
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…
Federal investigators are looking into allegations of unusual betting patterns surrounding the play of Terry Rozier in 2023. Rozier, who is currently playing for the Miami Heat, was playing with the Charlotte Hornets at the time the games under investigation were played. News of the investigation was first reported earlier this week by the Wall…
If you were hoping to see a significant expansion of California gaming anytime soon, you're very likely to be disappointed. That was the message from representatives of the Golden State's powerful Tribal gaming interests at a panel discussion titled State of Gambling in California: Current Trends and Future Prospects that took place at the ICE…
Are online advertisements for sportsbooks and casinos heading for the dustbin of history? They will surely be a thing of the past if a New Jersey lawmaker has his way. Late last week New Jersey Assemblyman Brian Bergen introduced Assembly Bill A5207, which would ban all forms of online advertising for sportsbooks, online casinos and…
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