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 Michael Molter | May 8, 2025 2:21 pm | Regulatory
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...
by Michael Molter | Apr 15, 2025 11:57 am | Legal
Nebraska’s mobile sports betting expansion clears a major hurdle in the legislature. March Madness bettors beat the books, causing big Q1 losses for DraftKings and FanDuel. North Carolina moves to double its sports betting tax rate, eyeing major revenue gains OMAHA,...
by Sam Profeta | Mar 27, 2025 10:19 am | Sports Betting
Odds are favoring South Carolina over Maryland in the Women’s Sweet 16. Maryland averages 81+ ppg this season. BIRMINGHAM, Ala. – The Sweet 16 is set in the Women’s March Madness bracket, and one of the closer matchups on paper will be the #1 South Carolina Gamecocks...
by Sam Profeta | Mar 24, 2025 10:38 am | Sports Betting
The West Region of March Madness is in San Francisco and there are California sportsbooks available to bet on Sweet 16 and Elite 8 odds. SAN FRANCISCO – March Madness is heating up with the start of the Sweet 16 tipping off on Thursday with the West Region portion of...
