Michael Molter 
Florida is seeking to shut down a lawsuit that threatens the legality of its exclusive online sports betting agreement with the Seminole Tribe. TALLAHASSEE, Fla. – Florida is fighting to protect its multi-billion-dollar gambling deal with the Seminole Tribe, filing a motion to dismiss the … Read more
Drake shared on Instagram that he lost $8,253,686 betting on sports last month via crypto sportsbook Stake. The rapper wagered a staggering $124.5 million in 30 days, including an $800K bet on OKC in the NBA Finals. Social media reactions slammed the post as out … Read more
Wyoming lawmakers are drafting a bill to double the state’s online sports betting tax rate from 10% to 20%, aiming to boost revenue and bring the state in line with national norms. Despite generating over $645 million in wagers and $66 million in operator revenue … Read more
Bovada lists Joey Chestnut as the Nathan’s Hot Dog Eating Contest betting favorite for 2025 (-2500 odds) after he announced he will be competing this year. CONEY ISLAND, N.Y. – Competitive eating legend Joey Chestnut has confirmed he will return to the 2025 Nathan’s Famous … Read more
In a pivotal week for online gambling regulation, New York and Connecticut moved to outlaw sweepstakes casinos through sweeping legislation, while Louisiana rejected new laws in favor of stricter enforcement under existing authority. NEW YORK – Three states have each taken different approaches toward regulating … Read more
The Brazil sports betting market could see a raise on its tax from 12% to 18% of Gross Gaming Revenue, sparking backlash from licensed operators. The new tax measure, effective immediately but pending Congressional approval, could push the total tax burden above 56%. Senators are … Read more
Three-time NBA champion D-Wade sees 1-on-1 matchups as the next frontier for basketball betting, setting out the outline for his idea on his podcast. MIAMI – Dwyane Wade may have retired from the NBA, but he hasn’t stepped away from the game or the business … Read more
Louis Belletieri admitted to stealing millions from escrow accounts meant for real estate closings. Prosecutors say he used the funds for personal expenses and extensive sports betting at legal online sportsbooks. ALLENTOWN, Pa. – A former title agent and business executive in Allentown has pleaded … Read more
Resorts World Bet will exit New York’s crowded online sports betting space, opening a valuable license opportunity. FanDuel responds to Illinois’ steep tax increase by imposing a 50-cent fee per bet. Louisiana’s legislature advances a bill to hike the online sportsbook tax rate to 21.5%, … Read more
Oregon sportsbooks have accepted more than $3.01 billion in bets since launching in 2019. Monthly handle hit a record $90.2 million in December 2024, driven by NFL wagering. Since switching to DraftKings, Oregon’s sports betting revenue has surged nearly 50%. SALEM, Ore. – Oregon sportsbooks … Read more
A feud between Elon Musk and Donald Trump started when Musk bashed Donald Trump’s Big, Beautiful Bill. Trump responded in kind and political sportsbooks are now listing a handful of bets on the Trump, Musk feud. WASHINGTON – The Trump-Musk bromance is officially dead, and … Read more
FanDuel banned a customer for heckling Olympian Gabby Thomas, citing athlete abuse as the reason. But sportsbooks aren’t courts and banning bettors for conduct unrelated to wagering sets a dangerous precedent. PHILADELPHIA – FanDuel’s recent decision to ban a bettor for heckling Olympic champion Gabby … Read more