Author: Adam Roarty
Posts by Adam Roarty
TNT basketball analyst Charles Barkley commented that he needs a "bookie on the side" because FanDuel does not allow him to place the bets he wants.
The Boston Red Sox have spoken out against the rise of abuse online because of disgruntled sports bettors. Pitcher Liam Hendriks raised the issue after receiving death threats due to a loss to the Mets recently.
Montanta's Governor, Greg Gianforte, signed off on a bill to officially prohibit sweepstakes casinos, becoming the first US state to outlaw the platforms.
India's Supreme Court has agreed to look into a petition filed by a social activist calling for strict gambling regulations in the country.
The Louisiana House of Representatives approved a bill that will increase sports betting tax on Tuesday, but at a reduced rate from the original proposal.
A judge in Brazil has denied a request for the suspension of BetNacional and its parent company, NSX operations, in a $88.3 million lawsuit.
Arizona has issued a cease-and-desist letter to prediction markets operator Kalshi, joining the six states that took the same action last month.
The Commodity Futures Trading Commission (CFTC) has scheduled a conference call for May 29 with tribal betting leaders to discuss the state of sports prediction markets.
Better Collective reported a year-on-year revenue decline of 13% in Q1, falling to €83m ($93m). EBITDA also dropped, down to €22m, which marked a 24% decline from Q1 2024.
Maryland's Governor has signed off on a bill that will raise the sports betting tax in the state from July this year.
A new bill was introduced in Ohio on May 20, proposing to both legalize online casinos and ban sweepstakes casinos.
Flutter announced the issuance of $2.8 billion in senior secured notes, maturing in 2031, to finance its acquisition of Snaitech Italia. The gambling giant acquired the Italian sports betting company last month for €2.3 billion.