Resorts World Bet Withdraws Sports Betting In New York
Resorts World Bet has announced to customers that it will no longer offer sports betting in New York after the end of this month.
Sportsbetting News
FanDuel To Charge Users 50c For Every Bet In Illinois
FanDuel announced that it will introduce a $0.50 charge for every bet placed by users in Illinois in response to new taxes in the state.
Study Finds 30% Of Young People In Belgium Use Illegal Sportsbooks
A study led by the country’s gambling commission found that 30% of young people in Belgium use illegal websites to gamble on sports. The report conducted by DataSynergy looked specifically at people aged 18 to 30 in Belgium and it concluded over 25% of that group used illegal means to wager. When concerning both sports […]
Massachusetts Regulator Says US Gambling Industry Is A “Highway Without Speed Limits”
Jordan Maynard, chair of the Massachusetts Gaming Commission (MGC), has commented that the gambling industry is out of control and calls for more nationwide regulations to ensure safer betting.
Louisiana Sports Betting Tax Hike Approved By Senate
The Louisiana Senate approved a bill to increase sports betting tax in the state on Sunday. This followed the bill being approved in the House last month.
Hong Kong Government To Introduce Basketball Betting With Strict Tax & Safeguards
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 $1 Million Bet Still Live As Oklahoma Win Game 2 Of NBA Finals
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.
New York Sports Betting Revenue Reaches Record $249M In May
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 joins Sports Betting Alliance, Expanding Presence In US
bet365 has become the newest member of the Sports Betting Alliance (SBA), a lobby group for the leading US sportsbooks.
Prediction Markets Site Polymarket Partners With X
Polymarket, self-described as the world's largest prediction market, has announced a partnership with Elon Musk's X.
MLB Players Suspended Over Gambling Return To Baseball After A Year Out
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 Secures Another Court Win In Nevada, As Crypto.com Also Sues
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.