by Michael Molter | Dec 20, 2024 10:20 am | Legal
Three gambling measures were prefiled in the South Carolina legislature, as lawmakers attempt to modernize SC sports betting. One focuses on a constitutional amendment while the other would create a commission to regulate sports betting sooner. COLUMBIA, S.C. – South...
by Michael Molter | Dec 5, 2024 10:51 am | Legal
Vietnam’s Decree 06/2017 imposes restrictive sports betting conditions, such as capping bets and excluding online platforms. This has driven billions in annual betting revenue to offshore sportsbooks, hindering domestic growth estimated at $10 billion. Experts urge...
by Michael Molter | Nov 22, 2024 10:52 am | Legal
DraftKings faced a fine in Ohio and questions in Massachusetts for unregulated sports betting actions. Countries outside the US are cracking down on illegal sportsbooks as they attempt to launch their own industries. CLEVELAND – This week’s legal sports betting brief...
by Michael Molter | Nov 20, 2024 11:31 am | Legal
Still in the beginning stages, legislators in the Tourism, Gaming, and the Arts Committee voted 5-0 to approve a NJ sports betting regulation. With an identical measure in the Senate, New Jersey could ban college prop bets just as many states have done in 2024....
by Zachary Kelley | Nov 19, 2024 1:20 pm | Legal
Voting on Missouri’s sports betting amendment could be subject to a recount after a late report of almost 10,000 votes narrowed the margin of votes for sports betting. The change in votes moved the statewide margin from 4,363 to just 368 votes in favor of the...
by Michael Molter | Nov 14, 2024 1:22 pm | Legal
The FBI raided the home of Polymarket CEO Shayne Coplan, seizing his electronics amid an investigation into the crypto-based prediction market’s handling of election betting odds. NEW YORK – In a high-profile raid Wednesday morning, FBI agents entered the New York...
