Sports betting

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, ...

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...