A bill has been introduced in New Jersey to ban micro betting in sports contests. Micro betting is when a player bets on the outcome of any individual play (for example, a ball or strike on a pitch in baseball). TRENTON, N.J. – New Jersey … Read more
Kalshi locked down an exclusive partnership with CNN that’ll bring its prediction market data to the network’s shows and platforms. The company is dealing with lawsuits from several states and a federal case claiming it wasn’t honest about how its trading system actually works. Even … Read more
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
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
NCPG has been ordered to cease management of the 1-800-GAMBLER hotline by Monday. A New Jersey judge ruled that control must return to the Council on Compulsive Gambling of New Jersey. TRENTON – In a decision this week, Judge Douglas H. Hurd mandated that the … 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
New Jersey assembly bill 5971 was introduced by Dan Hutchinson on Friday – a measure that would look to ban microbetting. But what makes microbetting worse than any other live betting action or same game parlay from mobile betting apps? TRENTON, N.J. – Last week, … Read more
New Jersey sportsbooks have kept more than $5 billion all-time from bettors – the second state (New York) to cross that threshold. TRENTON, N.J. – The all-time sports betting revenue total in New Jersey grew past $5 billion per the latest financial report, on the … Read more
New York lawmakers are weighing a bill to eliminate state-level gambling loss tax deductions following recent federal changes. Meanwhile, Missouri and New Jersey continue reshaping their legal sports betting markets with new restrictions and licensing rules. ALBANY, N.Y. – From tax reform in New York … 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
Merab Dvalishvili is a -275 favorite to beat Sean O’Malley for a second time and retain his Bantamweight Title Sean O’Malley has not fought since losing the title to Dvalishvili in September of 2024 NEWARK, N.J. – UFC 316 on Saturday features a loaded card … Read more
There are -600 odds for a Democratic nominee to be the Governor of New Jersey. Mikie Sherrill is favored to win the Democratic Primary with -350 odds. TRENTON, N.J. – Things are heating up in New Jersey ahead of November’s governor election with the primaries … Read more