by Michael Molter | Jul 9, 2025 10:48 am | Legal
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,...
by Michael Molter | Jul 7, 2025 1:54 pm | Fantasy
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...
by Michael Molter | Jul 4, 2025 3:14 pm | Legal
President Donald Trump is expected to sign the One Big Beautiful Bill Act into law Friday, finalizing a massive legislative package that touches everything from infrastructure to taxes. The change could signal a desire for bettors to move back to offshore sportsbooks....
by Michael Molter | Jun 26, 2025 9:32 am | Sports Betting
New Jersey hiked its online gambling tax to 19.75%, up from 13% for sports betting and 15% for iGaming. Operators tied to low-revenue casinos like Caesars Atlantic City, Ocean Casino, and Monmouth Park may face an existential threat. Rising costs and shrinking margins...
by Zachary Kelley | Jun 25, 2025 4:37 pm | Sports Betting
A bettor at FanDuel turned a $11 bonus bet into over $100,000, and now bettors believe the sportsbook implemented new terms and conditions to prevent future substantial losses. FanDuel’s terms and conditions that give them the right to void wagers made by “any group...
