Kansas Celebrates 3 Years of Sports Betting: $6.9B Wagered

Kansas Celebrates 3 Years of Sports Betting: $6.9B Wagered

Kansas sportsbooks have collected $1.5 billion in wagers over the first seven months of the year. Consistently bringing in tax revenue, Kansas has seen over $1 million come in from sportsbooks in 8 of the last 11 months. TOPEKA, Kan. – Kansas is marking the … Read more

Underdog, Crypto.com Team Up In Sports Prediction Market

Underdog, Crypto.com Team Up In Sports Prediction Market

Underdog Sports struck a deal with Crypto.com’s derivatives affiliate to launch sports prediction markets on its platform. BROOKLYN – A partnership announced Tuesday makes sports event contracts from Crypto.com | Derivatives North America (CDNA) available inside the Underdog app. For Underdog, a company best known … Read more

Study Finds Sports Betting Ad Spike, Prods Regulation Debate

Study Finds Sports Betting Ad Spike, Prods Regulation Debate

A new analysis has revealed just how much sports betting imagery is being broadcast during America’s sporting events. BRISTOL, Conn. – During this year’s Stanley Cup Finals, hockey fans saw gambling logos and messages an average of 3.5 times per minute, based on research data … Read more

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