FanDuel is taking a major step towards fighting the harassment of athletes by aggrieved gamblers with the banning of a player who heckled Olympic gold medalist Gabby Thomas during a recent event. The unnamed player, whose identity hasn't yet been posted video of his actions on X with a caption saying, "it made my parlay…
Beginning on July 1, sports betting operators are going to find Illinois is a very expensive state to do business in. That’s because the Illinois State Legislature just approved a sledgehammer of a new tax scheme on regulated sports betting operators that places a $.25 tax on the first 20 million dollars worth of bets…
The status of professional women’s sports in the United States took a major step forward recently when BetMGM announced a new partnership with the Las Vegas Aces Women’s NBA team. This marks the first partnership between BetMGM and any professional women’s sports team and will likely pave the way for more partnerships in the future. …
If you can't beat 'em, join 'em. That appears to be the approach executives at FanDuel's corporate parent, Flutter, are taking towards the emerging threat of predictions markets. In a recent call with investors, Flutter CEO Peter Jackson said the company is exploring the possibility of competing with predictions market operators by entering the predictions…
The Battle over prediction markets, and their place in the gaming ecosystem, continues to heat up at the NBA Joins the fight. Earlier this week the NBA sent a letter to the U.S. Commodity Futures Trading Commission (CFTC) expressing the organizations thoughts on predictions markets. Like other predictions market critics, the NBA sees them as…
The island of Hawaii is inching ever-closer to its first forms of regulated gaming after Governor Josh Green said he would not veto a bill authorizing sports betting on the islands. But while Governor Green is on board with HB 1308, plenty of opposition and debate remain. The Governor voiced his support of regulated Hawaiian…
Integrity monitoring is the quiet backbone of the regulated sports betting industry and sports leagues rely on their integrity monitoring partners to maintain a safe and honest system. Late last week the PGA of American announced that it is partnering with Integrity Compliance 360 (IC360) to monitor wagering at professional golf's highest level. IC360's partnership…
The battle between regulated sportsbooks and event predictions markets continues to rage this week as New Jersey Attorney General Matt Platkin provided a judge with his opinion on the matter. Platkin did not hold back in his arguments suggesting that sports contracts are very much subject to state law and are clearly doing an end…
Event prediction markets are disrupting sports betting markets and gaming industry trade groups are not very happy with the situation. Public comments from the Nevada Resort Association (NRA) and Casino Association of New Jersey (CANJ) that were submitted to the Commodity Futures Trading Commission (CFTC) ahead of an April 30 roundtable discussion on the subject…
An ESPN commentators off-hand remark about "risk-free" investments back in March of 2024 is still ringing in the ears of ESPN Bet executives, and Massachusetts gaming regulators. Late last week Penn Entertainment compliance officers got a grilling from the Massachusetts Gaming Commission (MGC) about the overlap between ESPN's on-air content and its responsibility to follow…
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