Sports Betting

Colorado Implements New Sports Betting Deposit Limits

Colorado has enacted new regulations that will limit the number of deposits individuals can make for sports betting. This initiative,…

4 days ago

New York Sports Betting Revenue Hits Record High as Bettors Lose Big in July

New York sports betting achieved unprecedented revenue figures in July, sports betting gamblers experienced significant losses during this period, contributing…

6 days ago

DraftKings Revenue Falls to $1.44B on Customer Wins, Sports Betting Payouts

DraftKings revenue fell 5% year-on-year to $1.44 billion in the second quarter, missing Wall Street's $1.55 billion estimate. The gaming…

6 days ago

Ontario Sports Betting Crosses $1 Billion Mark in June

Ontario sports betting reached a new milestone in June, with operators reporting $1.03 billion in total wagering handle. This marked…

2 weeks ago

Utah Judge Blocks Sports Prediction Markets Under State Gambling Laws

A federal judge denied Kalshi's request to block Utah's enforcement of gambling laws against sports prediction markets, ruling that state…

2 weeks ago

Prediction Markets Kalshi, Polymarket Hit $50 Billion Trading Milestone

Kalshi and Polymarket achieved a combined $50.6 billion in trading volume during July, marking an all-time high for prediction market…

2 weeks ago

Kalshi Faces Lawsuit as New York Calls Prediction Markets Illegal

New York's attorney general filed a lawsuit against Kalshi on Friday, alleging the platform operates illegal gambling markets without proper…

2 weeks ago

Sports Betting Industry Pours $72 Million Into US Midterm Elections

According to reports the sports betting industry has injected over $72 million into US midterm elections, marking one of the…

3 weeks ago

Brazil Opens 45-Day Consultation on Betting Regulation Overhaul

Brazil betting regulation is undergoing a comprehensive review as the Secretariat of Prizes and Betting (SPA) launches a public consultation…

3 weeks ago

Pennsylvania Moves to Regulate Prediction Markets, Allows Sports Wagering

Pennsylvania prediction markets are set to operate under a comprehensive regulatory framework as Rep. Tarik Khan introduces HB 2711, addressing…

3 weeks ago