Sports betting

New York Sportsbooks Rebound in April with $192.7M Revenue

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New York
New York’s online sports betting market recorded its strongest April to date, as the state’s nine licensed operators collectively took in $2.15 billion in wagers and generated $192.7 million in gross gaming rev...

Oklahoma’s Sports Betting Push Hits Wall as Bills Die in Senate

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, Sports betting, Online Gambling News, Oklahoma
Efforts to legalize sports betting in Oklahoma have once again ground to a halt after the state Senate failed to act on two key bills before the legislative session ended. Despite passing through the House with...

NCAA Reportedly Closer to Lifting Ban on Professional Sports Betting

Vanja Mitic
NCAA, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gambling regulation, Gaming Industry News, Mobile gaming, Online Gambling News, Sports betting
The NCAA is reportedly edging closer to a pivotal change in its stance on sports betting, with a proposal in motion to lift its longstanding prohibition on wagering on professional sports by athletes, coaches, ...

Alberta Moves Closer to Launching Regulated Sports Betting Market

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Alberta, Online gambling regulation, Gaming Industry News, Mobile gaming, Online Gambling News, Sports betting
Alberta has reached a key milestone in its path toward establishing a regulated sports betting market. On May 8, the Alberta legislature’s Committee of the Whole passed Bill 48, officially known as the iGaming ...

Genius Sports Reports Strong Q1 2025 Growth, Led by Betting Segment

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases
Genius Sports has posted a robust performance for the first quarter of 2025, with total group revenue rising 20% year-over-year to $144 million. The company’s Betting Technology, Content & Services segment ...

CFTC Ends Legal Battle Over Kalshi Election Markets, Marking Pivotal Shift

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, Technology, Sports betting, Fines, Lawsuits & Litigation
The U.S. Commodity Futures Trading Commission (CFTC) has officially stepped back from its legal battle with prediction market operator Kalshi, abandoning its appeal of a ruling that had cleared the company to o...

NBA Presses CFTC for Oversight as Prediction Markets Expand Rapidly

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gaming software, Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting
Over the past several months, the National Basketball Association has intensified its scrutiny of sports prediction markets, becoming the second major U.S. league to formally raise concerns with the Commodity F...

2025 Kentucky Derby Sees Record Turnout, Bets, and Viewership

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Horse Racing, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Horse Racing, Online Gambling News, Sports betting, Kentucky
More than 147,000 fans braved rain and cooler temperatures at Churchill Downs for the 151st running of the Kentucky Derby, where Sovereignty surged ahead in the final stretch to win by a length and a half. The ...

Michigan Cracks Down on BetOnline and SportsBetting.ag Operations

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Licenses, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation, Michigan
The Michigan Gaming Control Board (MGCB) has issued cease-and-desist notices to BetOnline.ag and SportsBetting.ag, both operated from Panama, for offering gambling services in the state without proper authoriza...

Kalshi Secures Second Legal Win as Judge Backs CFTC Authority in New Jersey

Johnny K.
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Technology, Sports betting, Fines, Lawsuits & Litigation, New Jersey
Prediction market operator Kalshi has achieved another courtroom victory, this time in New Jersey, where a federal judge issued a preliminary injunction (pdf) that temporarily halts state efforts to restrict it...

Hawaii Sports Betting Effort Falls Short, But Future Pushes Expected

Vanja Mitic
Hawaii, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting
Hopes of bringing legal online sports betting to Hawaii were dashed as lawmakers failed to finalize House Bill 1308 before the legislative deadline. Despite unprecedented progress in moving the measure through ...

South Carolina Casino Debate Intensifies as Faith Leaders and Lawmakers Clash

Johnny K.
South Carolina, Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Sports betting
Religious organizations across South Carolina have joined forces to oppose newly proposed legislation that would legalize various forms of gambling in the state, including horse race betting, sports wagering, a...