Missouri’s key dates for announcing the first two sportsbooks include Wednesday and Friday of this week. JEFFERSON CITY – Representatives from Circa Sports, DraftKings, and FanDuel will appear before the Missouri Gaming Commission on Wednesday to make their final pitches. This week marks the beginning … Read more
DraftKings has unveiled a new “Early Exit” policy that refunds bettors when a player exits a game early due to injury, launching just in time for the 2025 NFL season. BOSTON – DraftKings launched a new policy to refund customers when a player leaves a … Read more
DraftKings was fined more than $450,000 by the Massachusetts Gaming Commission for accepting credit card deposits. DraftKings is required to refund all affected customer deposits, complete an independent compliance audit, and implement a corrective action plan to prevent similar violations. BOSTON – The Massachusetts Gaming … Read more
Sports betting has been legal in New York for six years and is the largest markets in the United States. Since legalizing sports betting, New York sportsbooks have generated more than $6 billion in revenue and $3 billion in taxes. ALBANY, N.Y. – New York … Read more
A 300-year-old British law is the basis for a $300 million lawsuit against sportsbooks in Washington, D.C. The law, known as the Statute of Anne, allows gamblers to sue to recover losses over $25. Mayor Muriel Bowser has moved to retroactively exempt sports betting from … Read more
New Jersey assembly bill 5971 was introduced by Dan Hutchinson on Friday – a measure that would look to ban microbetting. But what makes microbetting worse than any other live betting action or same game parlay from mobile betting apps? TRENTON, N.J. – Last week, … Read more
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
Former Gregg Township secretary pleads guilty to stealing $533K with funds going to DraftKings, Venmo, and personal trips over 5 years. An audit revealed nearly 3,700 fraudulent transactions dating to 2019, as sentencing is set for Sept. 16. STATE COLLEGE, Pa. – Former Gregg Township … Read more
May data for Illinois sports betting marks an 11th consecutive billion-dollar month and reflects a 24.9% YoY increase from May 2024. The milestone comes just as new per-bet taxes take effect and changes are expected to reshape the market. CHICAGO — Illinois joined the elite … Read more
DraftKings is in advanced talks to acquire CFTC-licensed Railbird Exchange, signaling a move into regulated prediction markets. Flutter Entertainment has acquired the remaining 5% of FanDuel from Boyd Gaming in a $1.75 billion deal, giving it full ownership of the sportsbook. BOSTON – Two of … Read more
New York lawmakers are weighing a bill to eliminate state-level gambling loss tax deductions following recent federal changes. Meanwhile, Missouri and New Jersey continue reshaping their legal sports betting markets with new restrictions and licensing rules. ALBANY, N.Y. – From tax reform in New York … Read more
Governor Newsom publicly rejected the attorney general’s view that daily fantasy sports are illegal under California law. The governor stated that the opinion has no legal effect and called for further debate in the legislature or courts. Industry leaders echoed Newsom’s stance, saying DFS remains … Read more