Nevada sportsbooks raked in $46 million last March, a stunning 107 percent jump from the year before. The secret? A hold percentage that soared to 6.0 percent on $763 million in wagers. Bets fell 11 percent year over year, but March Madness turned the tide for casino operators.
Basketball dominated the action. Upsets in the NCAA tournament meant…
Lawmakers in Minnesota are making another run at legalizing sports betting, but fierce pushback threatens to derail the effort once more. Senate File 4139 promises a tribal-led system with tight controls, yet opponents slam it as a gateway to addiction. With billions already flowing to illegal operators, the clock is ticking on this high-stakes debate.
Sen. Nick…
Arizona's top prosecutor just dropped a bombshell on the prediction market world. Attorney General Kris Mayes filed 20 criminal misdemeanor counts against Kalshi Inc. on Tuesday, accusing the platform of running an illegal gambling operation. Kalshi co-founder Tarek Mansour fired back hard, calling the move a total overstep by the state. This marks the first criminal case…
Wisconsin senators made history Tuesday with a stunning bipartisan vote to legalize online sports betting. The measure passed 21-12 despite half the Republican caucus voting no. Now it lands on Democratic Gov. Tony Evers' desk amid cheers from tribes and cries over addiction risks.
The Wisconsin Senate wrapped up its likely final day of session Tuesday, tackling over…
The Kansas City Chiefs and San Francisco 49ers will clash in Super Bowl LIX on Sunday night in New Orleans, but the real action never left the Nevada desert.
Las Vegas sportsbooks still handle more money on the Super Bowl than any other place in America, even as legal betting explodes across 38 states and Washington…
Wisconsin's Native American tribes are fighting tooth and nail to launch online sports betting statewide, but big players like DraftKings and FanDuel stand in their way. This heated battle could reshape gambling in the Badger State, pitting tribal rights against commercial interests. As lawmakers hit the brakes on a key vote, the stakes keep rising.
A…
In a stunning shake-up that's rocking the gambling world, DraftKings and FanDuel have abruptly quit the American Gaming Association after a heated debate on prediction markets. This split exposes deep rifts in how the industry views betting's future, leaving fans and operators wondering what's next for sports wagering.
The bombshell dropped on Monday during the American…
FanDuel just shocked the gaming world by giving up its Nevada license right after unveiling a new app that could change how Americans bet on sports and more. This move comes amid warnings from state regulators, setting up a clash between old rules and fresh tech. What's next for betting fans?
FanDuel, a top name in…
A federal judge just shut down a push by three California tribes to block Kalshi's sports betting contracts on tribal lands, even as she hinted the platform might be skirting gambling laws. This ruling keeps the prediction market buzzing in Indian Country, raising big questions about future regulations.
Federal Judge Jacqueline Scott Corley ruled on Monday…
A bold new pitch to legalize sports betting in California is making waves among tribes, but a key group slams it as a sneaky corporate play. This comes as the state remains one of the biggest holdouts in the nation for online wagering. What could this mean for gamblers and tribal rights? Stick around to…