Illinois Rep. Edgar González Jr. filed new legislation to legalize online casino betting with a 25% tax following last year’s unsuccessful attempt. Polymarket faces a court-ordered suspension in Nevada until February 11th after a judge ruled the platform appears to violate state gambling regulations. New … Read more
Nevada sued Polymarket for allegedly running unregulated gambling operations that sidestep state licensing laws. Concerns arose that Polymarket’s NFL MVP market could reflect insider information since official voting already occurred. Tennessee’s only local sportsbook shut down, unable to survive against national competitors under the state’s … Read more
U.S. District Judge Andrew P. Gordon ordered Crypto.com to halt its sports event contracts in Nevada. Gordon ruled the contracts are governed by state gambling laws, not federal commodities regulations. The case underscores ongoing legal battles over how prediction markets should be regulated. LAS VEGAS … Read more
Nevada topped $50 billion for a sports betting handle as of August 2025, becoming the fourth state to hit the mark post-PASPA. Retail sportsbooks and legal Nevada betting sites continue to drive consistent growth amid increasing national competition. LAS VEGAS — Nevada has officially joined … Read more
Nevada sportsbooks generated $21.9 million in baseball betting revenue in June, a 103.1% increase from the $10.8 million reported in June 2024. Baseball betting drove $55.5 million in Q2 revenue, up 72% year-over-year and surpassing all other sports in Nevada for the second straight month. … 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
Both Nevada and Ohio have recently approved new additions to their wager categories. Ohio has added specific NFL draft and NHL draft props. Nevada on the other hand has added new events and leagues like the World Series of Poker and Golden Tee. LAS VEGAS … Read more
Nevada’s sportsbooks handled over $1.109 billion in sports bets in January, up 9.3% from December and 71.6% compared to January 2021. Despite these increases, Nevada’s sportsbooks posted their sixth consecutive month with a sub-par hold rate: if this trend continues, Nevada’s sports betting revenue may … Read more
More than $641 million was wagered on sports in Nevada for March. Most of the wagers came from college basketball betting during the March Madness Tournament. Nevada saw a 6.1% hold rate for sportsbooks equaling $39.3 million in revenue. CARSON CITY, Nev. – Nevada managed … Read more
Nevada will now allow prop bets on the MLB World Series MVP. Sportsbooks in Nevada will need to notify the Nevada Gaming Control Board’s Enforcement Division if they want to add the wager to their list for the series. The bets for the MVP award … Read more
February is a month that typically sees a drop in sports betting handle and revenue across the country because it is the shortest month of the year and Nevada can attest to that fact. Nevada had a lower handle and revenue reported in February 2021 … Read more
Sports betting handle in Nevada exploded for $609.5 million in November. Nevada sportsbooks collected a record $61.8 million in revenue. The state saw $4.2 million in tax revenue. CARSON CITY, Nev. – Nevada has continued to see major success in the sports betting arena, with … Read more