by Michael Molter | Apr 14, 2025 3:08 pm | Regulatory
A Massachusetts widow successfully petitioned DraftKings and regulators to void her late husband’s $106,100 in NBA futures bets. The wagers, all placed on the Boston Celtics to win in 2025, were refunded in a first-of-its-kind decision by the Massachusetts...
by Michael Molter | Apr 8, 2025 11:24 am | Regulatory
In Australia, up to 600,000 teenagers are gambling, and experts say it’s no accident. A new report reveals that sports betting is now more popular among Aussie teens than playing sports themselves. U.S. youth are being exposed to the same mix of gambling ads,...
by Michael Molter | Mar 21, 2025 9:35 am | Regulatory
Over $50 million has already been traded on Kalshi’s March Madness markets, including roughly $1.5 million on women’s basketball. Unlike sportsbooks, Kalshi operates under CFTC regulations, classifying these bets as financial instruments rather than gambling. Critics...
by Michael Molter | Mar 13, 2025 9:34 am | Regulatory
A Fairleigh Dickinson University poll shows 76% of New Jersey voters support gambling ad limits. Australia’s largest bookmaker, Sportsbet, has stopped airing live odds updates during NRL and AFL broadcasts. U.S. lawmakers are considering new regulations,...
by Michael Molter | Mar 4, 2025 12:08 pm | Regulatory
The Colorado Division of Gaming issued Bulletin 10 on March 4, 2022, banning sportsbooks from accepting wagers on Russian and Belarussian governing bodies, leagues, teams, players, and events. Other states like Louisiana followed suit, putting in a ban a few days...
by Michael Molter | Feb 5, 2025 10:47 am | Regulatory
Florida sports betting hotlines are being overwhelmed due to a lack of funding from the state. With each staff member taking 150-200 calls a day, they are being overrun during the biggest gambling event of the year. TALLAHASSEE, Fla. – With the Super Bowl just days...
