Sports betting

ATG and Suomen Hippos Join Forces to Launch Betting Company in Finland

Swedish horse racing and betting operator AB Trav och Galopp (ATG) has entered into a significant partnership with Suomen Hippos, the governing body for Finnish trotting and horse breeding. The two entities hav...

North Carolina Bill Seeks to Boost High School Coaches’ Pay Using Sports Betting Revenue

Lawmakers in North Carolina have introduced a new measure aimed at addressing financial challenges faced by high school athletic coaches. Senate Bill 657, also known as the "Keeping Our Coaches Act," proposes a...

Ohio Issues Cease-and-Desist Orders to Kalshi, Robinhood, and Crypto.com Over Sports Betting Contracts

Ohio has become the latest state to take regulatory action against Kalshi, Robinhood, and Crypto.com, issuing cease-and-desist orders against the three platforms for allegedly offering unlicensed sports betting...

Florida Advances Bill to Restrict Online Gaming Exclusively to Seminole Tribe

In a decisive step toward regulating online gambling within its borders, Florida's Senate Regulated Industries Committee has successfully advanced a bill that aims to solidify the Seminole Tribe's control over ...

New Jersey Orders Kalshi and Robinhood to Halt Sports Wagering Operations

The New Jersey Division of Gaming Enforcement (NJDGE) has issued cease-and-desist orders to prediction market platform Kalshi and financial trading firm Robinhood, demanding that they immediately cease offering...

PropSwap and Bally Bet Join Forces to Transform Mississippi Sports Betting

A groundbreaking partnership between PropSwap, the largest secondary market for sports wagers, and Bally Bet, a leading sportsbook operator, is set to reshape sports betting in Mississippi. Announced on March 2...

Sports Illustrated Partners with Galactic to Launch SI Predict for Non-Outcome Sports Markets

Sports Illustrated is venturing into the world of prediction markets with the launch of a new platform, SI Predict, in partnership with the UK-based digital marketing company Galactic. The innovative platform w...

Oklahoma Senate Approves Bill to Legalize Sports Betting

The Oklahoma Senate has approved a bill that could bring legal sports betting to the state, allowing both tribal casinos and the NBA’s Oklahoma City Thunder to participate in the market. The proposal, Senate Bi...

Underdog Fantasy’s $70M Funding Pushes Valuation to $1.23B, Aiming for Continued Growth

Underdog Fantasy, a rapidly growing sports gaming company based in Brooklyn, New York, has announced a successful Series C funding round, raising $70 million in the initial close. This investment brings the com...

Massachusetts Investigates Robinhood Over March Madness Prediction Markets

Massachusetts regulators have launched an investigation into Robinhood’s latest venture, a prediction-markets hub that allows users to place bets on the outcomes of the NCAA’s March Madness basketball tournamen...

OpenBet and Endeavor Drive New Growth Era Following Strategic Buyout

OpenBet, a leading entity in the betting and gaming sector, has officially completed its management buyout, marking a pivotal transition in its corporate journey. The sale, orchestrated by Endeavor Group Holdin...

Bipartisan Effort to Eliminate Outdated Sports Betting Tax Gains Momentum

In a persistent move to modernize sports betting regulations, bipartisan co-chairs of the Congressional Gaming Caucus, Democratic Representative Dina Titus of Nevada and Republican Representative Guy Reschentha...