NEW YORK – Credit card delinquencies have increased and have ties to the expansion of legal sports betting. Overall household credit scores are also down, as gamblers are paying off their sports betting debt later and later. The Federal Reserve Bank of New York found … Read more
WASHINGTON – U.S. Senator Richard Blumenthal’s Prediction Markets Security and Integrity Act “bans wagers on war, cracks down on insider trading, and protects consumers from fraud” by returning regulatory oversight to the states. Blumenthal proposes a state wagering program to regulate prediction market apps and … Read more
BOSTON – Sportsbooks in Massachusetts would be without live betting and player prop markets if the latest sports betting bill passes. Bill S.302 proposes drastic changes to the landscape of legal Massachusetts sports betting and has already unanimously passed in the Senate’s chamber Committee on … Read more
NEW YORK – Power Conference college basketball tournament fields are set, and tournament play is set to begin on Tuesday afternoon with conference championship games scheduled for Saturday and Sunday. Odds for each conference tournament on legal sports betting sites are scattered, with some odds … Read more
Arkansas Racing Commission approves the launch of DraftKings and FanDuel Sportsbook apps Southland is partnering with DraftKings and FanDuel is partnering with Oaklawn Saracen Casino pleaded with regulators not to approve the change, but failed LITTLE ROCK, Ark. – DraftKings and FanDuel are officially entering … Read more
Valve Corporation is being sued in New York for promoting illegal gambling through their case openings. New York Attorney General Leticia James filed the lawsuit on Wednesday claiming that the features violate state gambling laws and are harmful for children. Counter-Strike is rated M for … Read more
Bodog is rebranding as Ozoon in Canada, effective immediately. Existing players at Bodog should have no issues regarding the change, as the rebrand process included automatic Ozoon account creation, saved bet history from Bodog, and a similar site layout. OTTAWA – Bodog, one of the … Read more
Rep. Marc Malon has introduced a bill in Maine that would prohibit the use of credit cards for online sports betting. Eight other states have already taken similar measures in an effort to reduce gambling addiction and debt. AUGUSTA, Maine – A new bill has … Read more
Google is now permitting prediction marketing advertisements with their latest advertising policy update. A Massachusetts judge rules that Kalshi is not licensed to offer sports wagering in the state. Portugal ordered Polymarket to cease their operations and be blocked in the country after an influx … Read more
The latest sports betting bill out of Massachusetts would increase the state’s sports betting tax rate to 51% and limit the type of wagers that bettors have access to. Massachusetts Senate Bill 302 would also impose affordability checks and increase regulation over a player’s betting … Read more
Rhode Island is adding a second online sportsbook by November 2026 after six years of having only one operator, with applications due February 19. New York Assemblywoman Carrie Woerner wants to expand the state’s market from 8 to 16 operators while lowering the current 51% … Read more
The House Rules Committee blocked an attempt to add the FAIR BET Act onto the National Defense Authorization Act (NDAA) through an amendment. The Fair Accounting for Income Realized from Betting Earnings Taxation Act aims to repeal a tax provision that would negatively impact U.S. … Read more