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...
by Michael Molter | Mar 13, 2025 9:34 am | Regulatory
A Fairleigh Dickinson University poll shows 76% of New Jersey voters support gambling ad limits. Australia’s largest bookmaker, Sportsbet, has stopped airing live odds updates during NRL and AFL broadcasts. U.S. lawmakers are considering new regulations,...
by Michael Molter | Mar 4, 2025 12:08 pm | Regulatory
The Colorado Division of Gaming issued Bulletin 10 on March 4, 2022, banning sportsbooks from accepting wagers on Russian and Belarussian governing bodies, leagues, teams, players, and events. Other states like Louisiana followed suit, putting in a ban a few days...
by Michael Molter | Feb 5, 2025 10:47 am | Regulatory
Florida sports betting hotlines are being overwhelmed due to a lack of funding from the state. With each staff member taking 150-200 calls a day, they are being overrun during the biggest gambling event of the year. TALLAHASSEE, Fla. – With the Super Bowl just days...
by Michael Molter | Jan 5, 2025 4:29 pm | Regulatory
There’s no doubt the growth of AI will translate into help for sports bettors. Already analyzing data, AI sports betting is still in it’s infancy stages. A simple analysis on Justin Jefferson prop bets for Sunday Night Football show how systems like...
by Zachary Kelley | May 2, 2024 1:01 pm | Regulatory
A North Carolina lawmaker proposed a ban on college player prop bets in the state. Marcia Morey, a democratic representative who strongly opposed mobile sports betting in North Carolina, introduced House Bill 967 on Wednesday. Republican lawmakers in the state don’t...
