The American Gaming Association is warning leagues to avoid creating partnerships with Kalshi and other prediction markets as states stake their claim to what is legal sports betting. A Colorado judge denied two tribes in Colorado their right to offer sports betting based on the … Read more
Online sports betting sites that are regulated locally launch in Missouri in two months. Circa, DraftKings, FanDuel, and Underdog are some of the notable sportsbooks that will launch when the market launches on December 1. The launch of sports betting in Missouri will result in … Read more
Kalshi has been ordered to cease and desist operations in Massachusetts. Massachusetts Attorney General Andrea Joy Campbell filed the lawsuit against Kalshi on Friday. BOSTON – Massachusetts Attorney General Andrea Joy Campbell filed a lawsuit on Friday against Kalshi for operating their online prediction market … Read more
Illinois, Michigan, and Maine are all on pace to record milestones for the amount of sports betting tax revenue they’ve collected based on August reports. While Illinois will join the billion-dollar club with New York, Michigan will have brought in $100 million and Maine will … Read more
DraftKings will stop accepting credit card deposits in every state starting on August 25, 2025. The sports betting company accepted popular credit card brands such as Visa, Mastercard, Discover, and American Express in select jurisdictions. DraftKings was recently fined $450,000 in Massachusetts for accepting credit … 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
Chicago city officials are exploring a new tax on online sportsbooks – a move that could make placing a bet inside Chicago more expensive. CHICAGO – During a City Council hearing Monday, Chief Financial Officer Jill Jaworski confirmed that the Johnson administration has already analyzed … 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
Luis Ortiz has been placed on paid leave amid an MLB investigation into alleged gambling activity, just hours before he was set to start against the Cubs. He’ll remain sidelined through the All-Star break, but Ortiz’s case follows a string of high-profile betting scandals across … Read more
The Chicago Cubs are favored by a run and a half tonight at home against the Cleveland Guardians. Cleveland has won 10 of their last 22 games overall at home by multiple runs and 10 of their last 16 wins. CHICAGO – The Cleveland Guardians … Read more
Ben Griffin has the shortest odds to win the John Deere Classic at +1600 Denny McCarthy has finished top 10 at the John Deere Classic for each of the last three years SILVIS, Ill. – This week’s PGA Tour event is the John Deere Classic, … Read more