Author: Adam Roarty
Posts by Adam Roarty
A pair of bills that aimed to tackle the rise of sweepstakes casinos by banning dual-currency gambling will no longer be considered by Florida lawmakers. The bills are off the table despite state lawmakers extending the legislative session from the original end date of May 2nd to June 6th. Former Philadelphia Eagle, Sen. Corey Simon had […]
The 151st Kentucky Derby, held on Saturday, set a new record betting handle for US horse racing. Early reports suggest US gamblers staked a total of $234.4 million on the race, up 11% from last year’s $210.7 million. It was the second running of the race since Kentucky sports betting was legalized in September 2023. […]
The NBA has sent a letter to the Commodity Futures Trading Commission (CFTC) about the risks of continuing sports prediction markets. The pro-basketball organization became the second major professional sports league to raise concerns about the spread of prediction markets on sites such as Kalshi, following the MLB, which sent a letter last month. Alexandra […]