NEW YORK – Former NBA player Malik Beasley expects to plea guilty on federal charges stemming from his involvement in a sports betting bribery scheme. Beasley previously pled not guilty to four federal charges – bribery in sporting contests, money laundering conspiracy, wire fraud conspiracy, … Read more
HARRISBURG, Pa. – Pennsylvania’s newest gambling bill goes well beyond microbets. HB 2879, introduced last week by Reps. Tarik Khan (D-Philadelphia) and Jamie Flick (R-Lycoming/Union), would also wipe out same-game parlays, signup bonuses, push notifications and VIP programs for the state’s mobile customers. Online Pennsylvania … Read more
OTTAWA – Canadian lawmakers are a week away from deciding whether Ottawa should limit sports betting ads nationwide. The two provinces with open online markets want no part of it. The House of Commons Heritage committee is set to vote next week on Bill S-211, … Read more
LAS VEGAS – A college basketball prop bet fixing scheme resulted in two former players and a former DraftKings employee facing felony charges. An arrest warrant has also been issued for another former player relating to the 2025 scheme. Former Fresno State basketball player Steven … Read more
DALLAS – A planned bill from U.S. Senator Ted Cruz would require prediction markets to be authorized by state or tribal government. Cruz’s legislation would prevent federally-regulated prediction markets like Kalshi from avoiding state gambling laws to offer their sports-event contracts. Cruz, a U.S. Senator … Read more
HONOLULU – Even though gambling is illegal in Hawaii, Kalshi says it has 100,000 users in the state. Earlier this year, Hawaii tried to shut prediction markets out of the state, but HB 2198 passed the House and then died in the Senate without getting … Read more
DETROIT – States are capitalizing on their Sixth Circuit win against Kalshi, which opened the door for states to enforce their gambling laws against sports-event contracts. Michigan, Ohio, and Kentucky ramped up their enforcement battles with prediction market operators in recent days. Michigan Wants Kalshi … Read more
NEW YORK – NBA bettors just lost some of their favorite markets, as the NBA and several sportsbooks have agreed to ban multiple types of bets, Shams Charania reported Friday, along with ESPN’s David Purdum. The newly banned bets include: Per Shams, the league has … Read more
MOSCOW – Russian lawmakers are moving toward passing a ban on credit card payments for betting. After being introduced in Sept. 2024, Bill No. 720112-8 is gaining traction after unanimously passing its first reading and advancing through a second reading on Tuesday. Federation Council Committee … Read more
PHILADELPHIA – Shane “Sugar Shane” Hennen pleaded guilty Wednesday to bribery and wire fraud charges tied to fixing NBA, college and Chinese basketball games. But one detail in the indictment hasn’t gotten much attention: where some of the money was bet. According to prosecutors, Hennen … Read more
NASHVILLE, Tenn. – Tennessee regulators are fighting on two fronts this month. The Tennessee Sports Wagering Council (SWC) ordered Sportbet and FullStarSportsbook to stop taking bets in the state, while Underdog filed a lawsuit against the state after receiving a cease-and-desist of its own. According … Read more
LIMA, Peru – Peruvian lawmakers are considering an online sports betting tax rate increase from their current 1% to a 5% rate on wagers. The sports betting tax increase raises the Selective Consumption Tax (ISC) for all operators in Peru and goes alongside their existing … Read more