ANNAPOLIS, Md. – One year ago, Governor Wes Moore signed the Budget Reconciliation and Financing Act of 2025 into law. This changed the sports betting tax rate in Maryland, increasing the contributions of sportsbooks from 15% to 20%. While legislators attempted to increase the rate … Read more
LAUREL, Md. – One day away from the Preakness Stakes, odds have seen a drastic change from just a few days prior, with new departures from the field. Here are the odds to win the middle jewel of the Triple Crown. 2026 Preakness Stakes Winner … Read more
WASHINGTON – On the morning of May 14, 2018, the Supreme Court of the United States handed down Murphy v. NCAA and ended Nevada’s 26-year monopoly on legal sports betting. Eight years later, questions surrounding who would profit and under what rules have been answered… … Read more
The Cowboys and Commanders combined for 66 points in their first meeting and the line for total points this time around is 51.0. The Lions are 6.5 point favorites over the Vikings after losing their first matchup 27-24. LANDOVER, Md. – Week 17 of the … Read more
Kalshi is suing the New York State Gaming Commission after receiving a cease-and-desist notice from the state. Kalshi argues that their sports markets are legal due to the fact that they vary from traditional sports betting sites. NEW YORK – Kalshi has filed a lawsuit … 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
After an 0-1 start to the preseason, the Cincinnati Bengals are 3.5-point favorites over the Washington Commanders in Week 2. The Commanders lost by 30 points to the New England Patriots in Week 1 of the preseason, but actually outgained the Patriots in total yards. … Read more
Scottie Scheffler has the shortest odds of any golfer to win the 2025 BMW Championship at +250. Ludvig Aberg finished the highest of any golfer within the top six shortest odds at the 2024 BMW Championship, finishing tied for second after shooting -11. OWINGS MILLS, … Read more
Kalshi’s attempt to expand its federally regulated sports event contracts into Maryland has hit a legal roadblock. A U.S. District Court judge denied the company’s request for a preliminary injunction, ruling that Kalshi failed to show that federal commodities law overrides state gambling regulation. The … Read more
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 could push … Read more
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
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, Neb. – From statehouse … Read more