by Michael Molter | Mar 26, 2025 9:30 am | Legal
Alaska lawmakers are considering HB 145 – a bill to legalize online sports betting. The measure would allow up to 10 sportsbook apps that are licensed in at least three other states. Sports bettors would need to be 21 and older but could wager on pro, college, and...
by Michael Molter | Mar 25, 2025 10:24 am | Sports Betting
JuJu Watkins’ injury caused USC’s odds to plummet, shifting the betting market toward UConn (+150) and South Carolina (+165). UCLA, led by standout center Lauren Betts, offers strong value at +650 with a balanced offense and elite defense. LOS ANGELES – The 2025...
by Michael Molter | Mar 25, 2025 9:38 am | Revenue
Nevada’s in-person sign-up rule for mobile betting limits its market share, recording the seventh-highest sports betting handle ($7.89 billion) in 2024. Eliminating in-person registration could boost mobile betting participation, letting them compete for the 4th spot...
by Michael Molter | Mar 24, 2025 9:45 am | Revenue
Mississippi sportsbooks have taken in $3,021,531,031 in legal sports bets since their August 2018 launch. The industry has generated over $327 million in revenue and $39.3 million in tax benefits. Betting surged in early years, but the annual handle declined from 2022...
by Michael Molter | Mar 21, 2025 9:35 am | Regulatory
Over $50 million has already been traded on Kalshi’s March Madness markets, including roughly $1.5 million on women’s basketball. Unlike sportsbooks, Kalshi operates under CFTC regulations, classifying these bets as financial instruments rather than gambling. Critics...
