Sports betting

Malik Beasley Under Federal Scrutiny for Alleged NBA Gambling Ties

Johnny K.
NBA, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Illegal Bookmaking, Sports betting, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Michigan
Malik Beasley, a prominent NBA sharpshooter who most recently suited up for the Detroit Pistons, is currently under federal investigation over alleged gambling activity tied to NBA games and player-specific pro...

Attorney General’s Ruling May Redefine Fantasy Sports Legality in California

Kim M
Tribal Gaming, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Online gambling regulation, Gaming Industry News, Mobile gaming, California, Lottery, Sports betting, Online Gambling News, Fantasy Sports
Online fantasy sports may soon be classified as illegal gambling under California law, as Attorney General Rob Bonta prepares to issue a long-awaited legal opinion that could have sweeping implications for fant...

Arizona Sports Betting Revenue Sees Decline Amid Increased Wagering

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Arizona's sports betting market experienced a surge in betting activity in March 2025, with bettors wagering an impressive $887.4 million, marking a 16.8% year-over-year increase compared to March 2024. Despite...

Polymarket Nears $200 Million Round, Boosting Valuation to $1 Billion

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Polymarket, a decentralized prediction platform, is approaching the final stages of securing a $200 million funding round that will propel its valuation beyond the $1 billion mark. This major milestone for the ...

DraftKings Forms Political Action Committee to Bolster Policy Influence

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News
DraftKings has taken a significant step into electoral politics with the formation of its own corporate political action committee (PAC). The move, confirmed through filings with the Federal Election Commission...

Pennsylvania Gaming Revenue Hits Record $601.8 Million in May 2025

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Pennsylvania
In May 2025, Pennsylvania's gaming industry achieved a historic milestone, surpassing $600 million in total revenue for the first time ever. According to the Pennsylvania Gaming Control Board (PGCB), the state'...

Surrey Scorchers Players Banned Following Match-Fixing Investigation

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Sports betting, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom
A significant scandal has rocked British basketball as five former players of the Surrey Scorchers have been banned following a comprehensive investigation into match-fixing within the 2022-2023 British Basketb...

Wyoming Legislature Proposes Significant Tax Increases on Gambling Industries

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Horse Racing, Taxation, Online Gambling News, Sports betting, Taxes, Wyoming
A legislative committee in Wyoming has proposed sweeping tax hikes targeting the state's gambling sector, signaling a move to tighten regulations and capture a larger share of the growing revenue from gaming ac...

FanDuel Explores Partnership with Kalshi to Enter the Prediction Market Space

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Online gaming software, Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
In recent months, Kalshi has garnered significant attention in the sports betting world, especially after its successful legal battles to offer prediction markets, including sports event contracts. As sports pr...

Entain Increases BetMGM 2025 Revenue Forecast Following Strong US Performance

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Entain plc, the renowned global sports betting and gaming company, has raised its full-year 2025 revenue forecast for its joint venture with MGM Resorts International, BetMGM. This update comes as a result of c...

DraftKings to Charge Per-Bet Fee in Illinois Starting September

Johnny K.
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Illinois
DraftKings has announced that it will begin charging Illinois customers a 50-cent fee on every online and mobile sports wager starting September 1, 2025. This new charge comes in response to a recently passed t...

Churchill Downs to Withdraw Fair Grounds License Over Legislative Impasse

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Licenses, Sports betting, Fines, Lawsuits & Litigation, Louisiana
Churchill Downs Inc. (CDI) has officially announced plans to withdraw from Louisiana’s historic Fair Grounds Race Course and its associated gaming operations, citing an untenable economic environment driven by ...