Google CEO’s post on X attracted lots of attention to the release of Gemini 3, which has garnered over $7 million in bets on Polymarket. Kalshi’s injunction in Nevada likely to be overturned, facing opposition from multiple other states as well. MOUNTAIN VIEW, Calif. – … Read more
Illegal bookmaker Mathew Bowyer’s gambling activities exposed anti-money laundering failures across three major Las Vegas casinos, resulting in nearly $27 million in combined regulatory fines. Caesars and other casinos ignored years of red flags about Bowyer’s unverifiable income and continued allowing him to gamble until … Read more
FanDuel announced they will launch FanDuel Predicts, a prediction market platform catering to states without a locally-regulated sports betting industry. As a result, FanDuel won’t be able to operate in Nevada since state regulators regard prediction markets as “unlawful”. The FanDuel Predicts App is set … Read more
The Oklahoma City Thunder have the shortest odds to win the 2025 NBA Cup at +230. The lowest odds of any team in the past two years were +450. No team that was the favorite to win the NBA Cup entering the tournament has won … 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
Kalshi set a new single-day trading record with over $275 million in activity. DraftKings and Flutter Entertainment lost nearly $7 billion in combined market capitalization. Capitol Hill lawmakers are questioning the Commodity Futures Trading Commission’s (CFTC) oversight of prediction market sports contracts. NEW YORK – … 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
Senators Catherine Cortez Masto and Cindy Hyde-Smith reintroduced legislation to repeal the federal excise tax, calling it outdated. The renewed push comes as Nevada sportsbooks continue to pay millions and follows the recent failure of Rep. Dina Titus’ FAIR Bet Act. WASHINGTON — A bipartisan … Read more
Boomer’s Sportsbook was recommended for licensure by the Nevada Gaming Control Board in July 2025. The Sportsbook is set to launch 10 new locations across Nevada this fall. Boomer’s will debut its new retail location at Casino Fandango on September 1. CARSON CITY – Boomer’s … Read more
Nevada sportsbooks have approached a betting handle of $50 billion since 2018. Other sports betting milestones include New Hampshire closing in on $4 billion since their launch. As Connecticut nears $7 billion placed in sports bets, West Virginia has seen almost $25 billion. LAS VEGAS … 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