Kalshi’s Model Is Forcing a Government Rethink on Gambling

Kalshi’s Legal Fight Is Changing the Sports Betting Rules

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

$2B Deficit Puts Indiana Sports Betting Tax in Spotlight

Lawmakers Debate Sports Betting Tax Hike to Cover $2B Deficit

Indiana faces a projected $2 billion revenue shortfall over the next two years, forcing lawmakers to consider new revenue sources and potential budget cuts. With the state’s sports betting industry now taking in roughly $5 billion annually, raising Indiana’s low 9.5% tax rate is back … Read more

Legal Sports Betting Brief: Nebraska, North Carolina, March Madness

Legal Sports Betting Brief: Nebraska, North Carolina, March Madness

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

Legal Sports Betting Brief: Hawaii, Mississippi, Ohio

Legal Sports Betting Brief: Hawaii, Mississippi, Ohio

Hawaii House Bill 1308 will undergo a public hearing, but many state agencies have submitted testimony in opposition to the Hawaii sports betting measure. Mississippi went back and forth about adding online sports betting to their laws but their measure SB 2510 died in a … Read more

Why Nevada Sportsbooks Need an Online Registration Option

Nevada Sportsbook

Nevada’s in-person sign-up rule for mobile betting limits its market share, recording the seventh-highest sports betting handle ($7.89 billion) in 2024. Eliminating in-person registration could boost mobile betting participation, letting them compete for the 4th spot in national sports betting rankings. LAS VEGAS – Nevada’s … Read more

CFPB Sounds Alarm on Legal Sports Betting Credit Card Fees

CFPB Sounds Alarm on Legal Sports Betting Credit Card Fees

A new CFPB report reveals that credit card issuers often categorize sportsbook transactions as cash advances, leading to surprise fees of up to $10 per transaction and interest rates of 30% starting immediately. Bettors are urged to consider alternative payment methods, as the CFPB calls … Read more

7 Legal Sports Betting News Topics You May Have Missed

7 Legal Sports Betting News You May Have Missed This Week - Robinhood

Robinhood has shown an interest to begin legal sports betting, especially after the success seen from political betting. Celebrations are in order in Ohio, as sportsbooks took in the second most bets this past month in their history. Georgia legislators are writing letters in publications … Read more

Public Money Splits for CFB Conference Championships

CFB Championship Splits: Bet These Lines Before They Move - Georgia vs Texas

Despite only a few games this weekend because it is conference championship week, there are many drastic betting slips at online sportsbooks. The most important bet to place before the betting split impacts the line is the spread in the SEC Championship. Georgia is a … Read more