Missouri Sports Betting: Who’s Applied, When It Launches

Missouri Sports Betting: Who’s Applied, When It Launches

Missouri is gearing up for a December 1 launch of legal online sports betting. Several sportsbooks are lining up for licenses as the rules get finalized. JEFFERSON City, Mo. – With Missouri legal online sports betting scheduled to launch on December 1, the licensing process … Read more

Massachusetts Sportsbooks Face Fines, But Not Consequences

Massachusetts Sportsbooks Face Fines, But Not Consequences

Despite repeated violations, Massachusetts sportsbooks are facing fines so small they’ve become the cost of doing business, not a reason to change behavior. BOSTON – The Massachusetts Gaming Commission (MGC) handed out $50,000 in fines last week to four legal sportsbooks, FanDuel, BetMGM, PENN Sports … Read more

Kalshi’s Model Is Forcing a Government Rethink on Gambling

Kalshi’s Legal Fight Is Changing the Sports Betting Rules

Kalshi is suing multiple states, arguing its event contracts are federally regulated derivatives, not gambling. Federal judges in Nevada and New Jersey have sided with Kalshi in early rulings. The CFTC dropped its appeal over Kalshi’s election markets, signaling a regulatory shift. States like Illinois … Read more

Wave a Flag, Lose a Bet: New Massachusetts Sportsbook Rule

Wave a Flag, Lose a Bet: New Massachusetts Sportsbook Rule

A new Massachusetts sports betting rule allows retroactive voiding if a Russian or Belarusian athlete displays patriotic symbols like flags during or around an event. Operators warn of enforcement challenges and possible bet manipulation, with no clear safeguards or appeal process in place. BOSTON – … Read more

The Precedent Is Set: Death Can Void Sportsbook Future Bets

Massachusetts Sportsbook

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 Gaming Commission. Regulators cited a compassionate … Read more

The Alarming Rise of Teenage Sports Gambling in Australia – and What It Means for the U.S.

The Alarming Rise of Teenage Sports Gambling in Australia – and What It Means for the U.S.

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, sports … Read more

Kalshi’s March Madness Markets Surpass $40 Million On Day 1

Kalshi's March Madness Markets Surpass $40 Million On Day 1

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 argue that event trading circumvents state betting laws, while … Read more

NJ Voters Push Gambling Ad Limits as Australia Cuts Back

Australian Rugby

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, including the SAFE Bet Act, which would limit sports … Read more

Russian, Belarusian Bets Remain Banned After 3 Years

Ukraine Citizens

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 after, while states that … Read more

Florida’s Problem Gambling Goes Unfunded as Super Bowl Nears

Florida’s Problem Gambling Goes Unfunded as Super Bowl Nears

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 … Read more