Author: Adam Roarty
Posts by Adam Roarty
Gov. Jeff Landry signed off on a tax increase on sports betting in Louisiana, raising the rate to 21.5% from the current 15%.
A host of military betting markets have emerged on prediction markets sites, and there has been suspicious activity of trading on airstrikes in Israel, suggesting insider information is being used for profit.
DraftKings announced that it is launching its own federal PAC, becoming the first sportsbook to make such a move.
A bill in New York that proposes to ban sweepstakes casinos now only needs approval from Gov. Kathy Hochul after being unanimously passed in the Assembly.
The Louisiana Gaming Control Board has announced that it has issued cease-and-desist letters to 40 illegal gambling operators, including offshore betting sites and sweepstakes casinos.
A total of 34 state authorities have joined the battle against Kalshi over the company's sports event contracts.
Police are hunting a baccarat cheating ring that is thought to have made $1.5 million after targeting at least 10 casinos across the country.
The Indian Gaming Association (IGA) has called on tribes to add their voice against Kalshi in the case against the prediction markets operator in New Jersey.
Tokyo police are investigating boy band JO1 member Shion Tsurubo over illegal gambling on an online casino.
Federal agents, state and local law enforcement officers dismantled a cockfighting ring in Alabama on Saturday, charging 75 and seizing firearms and gambling cash.
Independent Senator David Pocock has criticized Tabcorp for their promotion of gambling inducements in pubs and clubs.
Connecticut became the second state to ban sweepstakes casinos after Governor Ned Lamont signed off on new legislation.