Rep. Marc Malon has introduced a bill in Maine that would prohibit the use of credit cards for online sports betting. Eight other states have already taken similar measures in an effort to reduce gambling addiction and debt. AUGUSTA, Maine – A new bill has … 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
Illinois, Michigan, and Maine are all on pace to record milestones for the amount of sports betting tax revenue they’ve collected based on August reports. While Illinois will join the billion-dollar club with New York, Michigan will have brought in $100 million and Maine will … Read more
DraftKings will stop accepting credit card deposits in every state starting on August 25, 2025. The sports betting company accepted popular credit card brands such as Visa, Mastercard, Discover, and American Express in select jurisdictions. DraftKings was recently fined $450,000 in Massachusetts for accepting credit … Read more
Wyoming lawmakers are drafting a bill to double the state’s online sports betting tax rate from 10% to 20%, aiming to boost revenue and bring the state in line with national norms. Despite generating over $645 million in wagers and $66 million in operator revenue … Read more
Bettors in New York, New Jersey, and Nevada have won more than $160 billion combined, nearly 35% of all legal sports betting payouts. Nevada boasts the highest win rate in the country at 94.2%, while Delaware ranks last with just 84.3%. LAS VEGAS – The … Read more
Seven states allow NFL Draft betting but have some restrictions (generally based on timing for when you can place the bet). Because they are not athletic events, another nine states outright ban bettors from wagering on the NFL Draft. Bettors in every state can access … Read more
Florida lawmakers are pushing HB 953 and SB 1404 to criminalize sweepstakes gaming, with harsh penalties for operators and participants. The bills leave the Seminole Tribe’s exclusive gaming compact untouched, raising concerns about a potential monopoly over online gambling. Similar sweepstakes bans are being introduced … Read more
Rep. Thomas Stevens filed Vermont sports betting bill H 133 which would repeal the statutes for sports wagering and the state’s lottery. In Maryland, Senator Joanne C. Benson filed measure SB 1033 which repeal online sports wagering beginning January 1, 2026. While both states have … Read more
Basketball was the most bet on sport in Vermont for 2024. The first year of action saw VT sportsbooks collect nearly $200 million from sports bets. The State of Vermont received over $6.3 million in sports betting taxes from Year 1. Tennis saw a high … Read more
DraftKings will implement a surcharge on bettors’ winnings in four states with higher-than-average tax rates on sports betting. Critics argue that the surcharge undermines transparency and that changing odds is better than integrating a surcharge. NEW YORK – Starting January 1, 2025, DraftKings will introduce … Read more
NCAA President Charlie Baker stated that the NCAA aims to ban college prop betting across the country. Maryland, Ohio, and Vermont have already removed college prop bets from their regulated sportsbooks. The college prop bet bans don’t apply to internationally licensed sportsbooks like Bovada and … Read more