FanDuel Funded Missouri Sports Betting But Misses Licenses

FanDuel Funded Missouri Sports Betting But Misses Licenses

Missouri’s biggest sports betting donor will have to wait its turn after regulators chose Circa and DraftKings for the state’s first mobile untethered licenses. JEFFERSON CITY, Mo. – FanDuel spent millions helping Missouri bring legal wagering to the ballot. But when the state’s Gaming Commission … Read more

Missouri Sports Betting Timeline: 1st Sportsbooks Announced

Missouri Sports Betting Timeline: 1st Sportsbooks Announced - Missouri Gaming Commission

Missouri’s key dates for announcing the first two sportsbooks include Wednesday and Friday of this week. JEFFERSON CITY – Representatives from Circa Sports, DraftKings, and FanDuel will appear before the Missouri Gaming Commission on Wednesday to make their final pitches. This week marks the beginning … Read more

Pence-Backed AAF Pushes to Eliminate Gambling Tax Deductions

Pence-Backed AAF Pushes to Eliminate Gambling Tax Deductions

Sports bettors could owe taxes on their winnings without any loss deductions under the proposal from Advancing American Freedom. INDIANAPOLIS – Former Vice President Mike Pence’s think tank, Advancing American Freedom (AAF), is urging Congress to eliminate tax deductions for gambling losses entirely. This move … Read more

Kalshi Sports Betting Hits Wall, MD Judge Denies Injunction

Kalshi Sports Betting Hits Wall, MD Judge Denies Injunction

Kalshi’s attempt to expand its federally regulated sports event contracts into Maryland has hit a legal roadblock. A U.S. District Court judge denied the company’s request for a preliminary injunction, ruling that Kalshi failed to show that federal commodities law overrides state gambling regulation. The … Read more

“Prop Betting Experiment Has Failed Badly”: Ohio Gov DeWine

Governor Mike DeWine

Ohio Governor Mike DeWine is calling for a statewide ban on prop bets, citing threats to athletes and an ongoing MLB investigation involving two Cleveland Guardians pitchers. COLUMBUS, Ohio – Citing threats to athletes and the integrity of professional sports, Governor Mike DeWine issued a … Read more

USVI Eyes Billions, Pushes for Legal Online Sports Betting

USVI Eyes Billions, Pushes for Legal Online Sports Betting

The U.S. Virgin Islands is preparing to legalize online sports betting and internet casino gaming, ending more than two decades of legislative dormancy. ST. CROIX – The Virgin Islands Casino Control Commission (CCC) hosted a gaming summit Thursday at the Carambola Beach Resort, where officials, … Read more

D.C. Targets 300-Year-Old Gambling Law Behind $300M Lawsuit

D.C. Targets 300-Year-Old Gambling Law Behind $300M Lawsuit

A 300-year-old British law is the basis for a $300 million lawsuit against sportsbooks in Washington, D.C. The law, known as the Statute of Anne, allows gamblers to sue to recover losses over $25. Mayor Muriel Bowser has moved to retroactively exempt sports betting from … Read more

Kalshi Hit With Lawsuit In California, Polymarket to Return

Kalshi Hit With Lawsuit In California, Polymarket to Return

As Polymarket makes a high-profile return to the U.S. market with full regulatory approval, Kalshi is now under fire in California federal court. These two developments underscore the fates of America’s top prediction market platforms. SACRAMENTO, Calif. – Three federally recognized California tribes – Blue … Read more