The Hong Kong government is set to introduce basketball betting featuring a strict tax and safeguards. The country is moving forward with plans to legalize wagering on basketball after a legislative proposal was submitted to the council on June 5. The brand new initiative aims to combat illegal gambling and generate significant tax revenue for […]
Jay Z reportedly placed a $1 million bet on the Oklahoma City Thunder to beat the Indiana Pacers 4-1 in the NBA Finals. Oklahoma won Game 2 on Sunday to keep the bet alive.
Sportsbooks in New York posted record numbers in May of $249.3 million in revenue, surpassing the previous record of $248 million from January this year.
bet365 has become the newest member of the Sports Betting Alliance (SBA), a lobby group for the leading US sportsbooks.
Polymarket, self-described as the world's largest prediction market, has announced a partnership with Elon Musk's X.
Major League Baseball (MLB) has reinstated four players who served a one-year suspension for betting on baseball games. Andrew Saalfrank (Arizona Diamondbacks), Michael Kelly (Oakland Athletics), Jay Groome (San Diego Padres), and José Rodríguez (Philadelphia Phillies) were all served with the suspensions in June last year and are now eligible to play again.
Kalshi secured another victory in federal court in Nevada over its sports prediction markets, as a judge dismissed Nevada's motion to dismiss its lawsuit. Following Kalshi's lead, Crypto.com also filed a lawsuit against the Nevada Gaming Control Board (NGCB) in response to a cease-and-desist letter sent to the company.
The Rhode Island Senate voted in favor of a bill that proposes opening up the state's sports betting to more licensed operators.
The NFL has partnered with the International Center for Responsible Gaming (ICRG) to research gambling behavior among college students and athletes.
FanDuel has banned a bettor who declared on X that heckling Gabby Thomas at a track event had led to his bet winning.
A drunk gambler living overseas was behind death threats sent to the family of Houston Astros pitcher Lance McCullers Jr. The Houston Police Department would not identify the suspect or his location but added no charges had been filed. ESPN reported the man in question admitted he had been using sports betting apps to wager […]
Fantics Betting & Gaming has launched a partnership with Claymore Solutions to outsource gaming support services to the Philippines.