The March Madness championship arrives as courts, lawmakers, and governors line up a busy week of developments across prediction markets, sports betting, and sweepstakes casinos. This week brings the March…
Louisiana dropped a proposed ban on prop bets and microbetting after a fiscal note revealed more than $20 million in potential annual General Fund revenue losses. Earlier this week, Louisiana…
The federal government has escalated the prediction market battle, suing three states and setting up a direct clash over who controls the emerging sector. The Commodity Futures Trading Commission (CFTC)…
Sweepstakes bans advanced, prediction markets drew new legislative scrutiny, and key sports betting measures moved closer to law in a busy week for U.S. gambling policy. Multiple states advanced gambling-related…
Australia has unveiled new gambling advertising reforms, but critics say they fall short of expectations built over years of political pressure and public debate. Australian Prime Minister Anthony Albanese announced…
South Carolina’s GOP governor candidates split on gambling, with strong opposition dominating, but some openness to limited casino development along the I-95 corridor. Four South Carolina Republican gubernatorial candidates offered…
Early data suggested that prediction markets were cannibalizing sportsbook handle, but new analysis shows users may be losing more on these platforms. As courts weigh whether prediction markets are financial…
Alberta will launch its regulated iGaming and sports betting market on July 13, becoming Canada’s second open market after Ontario. Alberta will officially launch its regulated online gambling market, which…
Florida has intensified illegal gambling enforcement with new busts, even as lawmakers fail to pass new measures. Former Osceola County sheriff receives a hearing. Florida’s crackdown on illegal gambling is…
Wall Street is pouring billions into prediction markets, but their future may hinge less on capital and more on how courts and lawmakers ultimately define the product. As prediction markets…