Legal Sports Betting Brief: WA Props, MS Pensions, NJ Safety

Washington lawmakers review changes to tribal casino betting rules that would affect college sports wagering. Mississippi takes another shot at mobile betting legalization with a focus on addressing pension system concerns. New Jersey puts forward legislation aimed at strengthening player safeguards and game integrity standards. … Read more

New Jersey Gambling Revenue Soars During Busy November

New Jersey gambling had a big November, earning $636.2 million as sportsbooks and online casinos stayed strong year over year. During a busy football and basketball stretch, sports betting generated $146.3 million in revenue from $1.28 billion in wagers. Online betting was dominated by FanDuel … Read more

Monmouth Park Chairman: We’d Close Without Sports Betting

The chairman of the company that owns and operates Monmouth Park Racetrack said that “Without sports betting, we’d be closed” when speaking at the opening of the track’s brand new Caesars Sportsbook facility. Partnerships like the one between Monmouth Park and Caesars are often beneficial … Read more

Illinois Sports Betting Taxes Cross $1 Billion Milestone

Illinois became the second state to record at least $1 billion in sports betting tax revenue, after New York. The state implemented the country’s first progressive tax system for sports betting, with rates climbing from 20% to 40%. Most tax revenue flows into Illinois’ general … Read more

Massachusetts AG Campbell Files Suit Against Kalshi

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