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 | Feb 23, 2025 8:28 am | Legal
Three Fresno State basketball players are under investigation for betting on sports as a student-athlete. Two of the players ben on their own prop bets, while another focused on professional sports. This betting scandal comes at a time when Congress is undergoing...
by Sam Profeta | Oct 4, 2024 11:34 am | Sports Betting
Oregon State is an 11.5-point favorite against Colorado State in Week 6. +100 odds are offered on Oregon State to cover 13 points. CORVALLIS, Ore. – Oregon State continues on their Mountain West schedule in Week 6 as they host the Colorado State Rams in a game that...
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...
by Zachary Kelley | Apr 17, 2024 1:05 pm | Regulatory
Senator Kristin Corrado introduced S-3080, a bill that would prohibit New Jersey sports betting operators from offering or accepting bets on college player props. New Jersey joins a laundry list of states looking to, or already have, implanted a ban on college player...