News From The iGaming Business

New York Assembly Committee hears bill to adjust sports betting rules Daily deposits and wagers could be capped to $5,000 Advertisements to be limited and a ban on a use of the term “bonus” Major changes to New York sports betting laws have been proposed by Assemblymember Robert Carroll who has called for stricter deposit, wagering and advertising regulations. Through Assembly Bill ...

US District Court rules in favor of Kalshi in Nevada Tennessee latest state to oppose sports event contracts Nine states have opposed sports event contracts This week, financial exchange company Kalshi, was granted a motion for a preliminary injunction against the District of Nevada in regards to their offering of sports event contracts. The outcome allows Kalshi to continue to operat...

Kansas budget bill blocks regulators from renewing sportsbook licenses Licenses are set to expire in 2027 Current Kansas sportsbooks include ESPN BET, DraftKings, FanDuel, Caesars Sportsbook, BetMGM and Fanatics Last week Kansas lawmakers in the House of Representatives voted on a budget provision that blocks the Kansas Lottery from extending sportsbook licenses for the state’s six act...

NHL’s Ottawa Senators sign new online casino partnership ToonieBet partners with Senators for enhanced fan experiences The Ottawa Senators are heading back to the Stanley Cup Playoffs for the first time in eight seasons This week the Ottawa Senators announced a new online casino partnership with ToonieBet. The announcement comes just in time as the Senators return to the Stanley Cup Pl...

Hawaii Senate Committee advances sports betting bill Full Senate to vote on House Bill 1308 by May 2 Potential legalized sports betting could launch this summer The Aloha State took its biggest step towards the potential of legalized Hawaii sports betting this week. House Bill 1308 easily passed through a Senate Committee vote, therefore, moving on to the full Senate for a third readin...

Province of Alberta plans to open regulated sports betting markets to private operators iGaming Alberta Act would create Alberta iGaming Corporation to regulate sports betting Play Alberta is currently the only regulated Alberta sports betting option Last week the province of Alberta announced plans to grow their sports betting offerings by opening the doors for private operators to ob...

Robinhood has been dealt a subpoena in reaction to recent launch of sports prediction markets Massachusetts regulators claim markets are a way around offering regulated sports betting Sports predictions markets bring in over $200 million during March Madness Robinhood’s sports prediction markets are facing backlash from Massachutetts industry regulators who have launched a probe into w...

MLB’s St. Louis Cardinals ink partnership with betting operator bet365 Deal includes advertising rights, signage, sponsorship of starting lineups and more Legal Missouri sports betting set to launch this fall On Monday, the St. Louis Cardinals of Major League Baseball announced a deal to partner with international casino and sports betting operator bet365. The partnership allows bet365...

Popular investment app Robinhood adds predictions markets to services Launch of predictions markets includes partnership with Kalshi March Madness and financial markets to be included as part of launch Robinhood, a financial services company and mobile-first brokerage is expanding their services by adding sports predictions markets or events-based contracts to their platform in time for March Ma...

Lawmakers in Georgia pushed two bills forward from a House committee to introduce legal sports betting One bill would have put Georgia sports betting up for a statewide vote in late 2026 Both bills failed to make it past the House chamber before last week’s Crossover Day deadline Georgia fails to move forward with legalized sports betting in 2025, leaving further discussions off the ta...

On Tuesday, February 4, investment giant Robinhood pulled contracts that would allow users to bet on the Super Bowl, following a request from the Commodity Futures Trading Commission (CFTC). Crypto.com got the same request from the CFTC, but are proceeding with their plans to expand into sports betting through Super Bowl 59. This could be a massive shift in online sports gambling The S...

A new Connecticut sports betting bill that will allow wagering on in-state college teams has been proposed. The current law permits betting on Connecticut college sports teams only when an event involves four or more teams. House Bill 5284 also includes new language for how gambling can be marketed in the state and rules to allow independent parties to vet lottery games. Connecticut sp...

The Mississippi House approved a mobile sports betting bill that would legalize online wagering in the state. With strong support for mobile sports betting, the House voted in favor by a vote of 97-14. Now, the Mississippi mobile sports betting bill will head to the Senate before it can become law. In a 97-14 vote, the Mississippi House of Representatives approved the Mississippi Mobil...

North Carolina Gov. Roy Cooper signed an expanded sports betting bill into law in June 2023. House Bill 347 legalized mobile sports betting and permitted more retail sportsbooks to open throughout the state. Early reports suggested that the expanded network of sportsbooks would be open before the Super Bowl, though there remains uncertainty on when it will officially launch. On June 14...

Disney has expressed interest in attracting an outsider investor to purchase an equity stake in ESPN. According to Bovada, Apple is the strongest contender to purchase a majority stake in ESPN. Apple’s betting odds lead a field that includes Amazon, Google, and Saudi Sovereign Wealth. If oddsmakers are correct at Bovada, Apple is set to venture into the sports network industry with a p...

North Carolina Republicans have agreed to halt casino expansion in the new state budget. The casino expansion cut comes after the two-year budget plan endured a significant delay in the legislature. A debate between the House and Senate over the expansion of gambling was at the crux of the extended delay. North Carolina lawmakers have compromised on a $30 million state budget following...