Sports betting

DraftKings Ventures Into Prediction Market Territory with NFA Application

DraftKings, the renowned sportsbook operator, is strategically positioning itself to enter the burgeoning prediction market industry. Recently, it initiated an application to join the National Futures Associati...

Illegal Online Gambling in India Surges During IPL Season, Report Finds

With the commencement of the Indian Premier League (IPL), there is a burgeoning shadow that grows alongside the popular cricket league—illegal online gambling. Recent reports from the Digital India Foundation h...

Nevada Takes Legal Action Against Kalshi Over Sports and Election Contracts

In a groundbreaking move, Nevada has become the first state to legally challenge the operations of Kalshi, a fintech company offering futures contracts on sports and election outcomes. The Nevada Gaming Control...

Louisiana’s Gaming Sector Shows Mixed Results in January Analysis

January offered a complex financial landscape for Louisiana's gaming industry, as reported by the Louisiana State Police Gaming Audit Section. The month saw fluctuations across different sectors, from riverboat...

Missouri Sports Betting Delayed to Fall 2025 Following Rule Rejection

Missouri’s sports betting launch, initially expected in early summer 2025, has been postponed after the state’s proposed emergency regulations were rejected. The Missouri Gaming Commission (MGC) announced that ...

Hong Kong to Consider Legalization of Basketball Betting to Address Fiscal Deficit

In an effort to mitigate its nearly HK$100 billion (US$12.9 billion) fiscal deficit, Hong Kong's finance chief is reportedly considering the legalization of basketball betting, a move anticipated to significant...

New Jersey Expands Betting into Esports, Eyes Economic Growth

New Jersey is poised to become a pioneer in the integration of esports within regulated sports wagering, as state legislators consider a transformative bill that would enable adults to legally place bets on the...

Pennsylvania Gaming Revenue Rises Over 10% in January 2025

In January 2025, Pennsylvania's gaming landscape showcased impressive financial performance, marking a significant uptick across various gaming and fantasy contest venues. The Pennsylvania Gaming Control Board ...