Sports betting

Bipartisan Effort to Eliminate Outdated Sports Betting Tax Gains Momentum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...

10-Hour Outage in Germany’s Sports Betting Market Raises Concerns Over Black Market Growth

A recent 10-hour disruption in Germany's sports betting market has highlighted vulnerabilities in the country's regulatory infrastructure. On March 15, a critical IT system failure halted operations for license...

Michigan Sees Decline in Online Gambling Revenue in February 2025

Michigan's commercial and tribal internet gaming (iGaming) and sports betting operators reported a sharp decline in February 2025, following a record-breaking performance in January. The total combined revenue ...

Robinhood Partners with Kalshi to Launch Diverse Prediction Markets Hub

Robinhood, a leader in financial trading platforms, is expanding its service offerings through a strategic partnership with Kalshi by launching a dedicated prediction markets hub within its app. This initiative...

Meridianbet Accelerates African Expansion with Nigerian B2B Launch

Meridianbet, a prominent subsidiary of Golden Matrix Group, Inc, has recently expanded its operations into Nigeria, marking a significant step in its long-term strategy to strengthen its presence across Africa....

Missouri Sets May Date for Sports Betting Licenses

As Missouri gears up to introduce sports betting, the state’s Gaming Commission is setting its sights on a pivotal May 15 deadline for accepting license applications. This move comes after a slight delay caused...

Kalshi Expands Event-Based Betting Options as NCAA March Madness Approaches

As the fervor of March Madness approaches, Kalshi, a notable prediction market operator, has introduced a novel betting model in the form of single-game event contracts for this week's NCAA conference tournamen...

North Carolina Sports Betting Marks $6.6B in Wagers, $128M in Taxes in First Year

One year since North Carolina introduced sports betting, the state has seen remarkable financial and community impacts. Since its inception on March 11, 2024, residents have wagered approximately $6.6 billion, ...