Tag: basketball

March Madness sports betting abuse down 23%, according to NCAA

11 June 2025 at 7:40am UTC-4
The NCAA has released data from this year's March Madness that shows a significant decrease in social media abuse directed at athletes regarding sports betting, with abuse down 23 ...

Hong Kong proposes 50% betting duty on basketball wagers

9 June 2025 at 8:17am UTC-4
Hong Kong authorities have recommended imposing a 50% duty on operators’ net profits derived from basketball betting, as part of a proposed regulatory regime for the sport ...

MLB PropPacks added to BetRivers sportsbook

2 June 2025 at 6:09am UTC-4
Rush Street Interactive has extended its offering of PropPacks to include Major League Basketball. Following the success of its NBA PropPacks product, MLB PropPacks will be ...

NBA expresses concerns over sports prediction integrity to CFTC

5 May 2025 at 7:05am UTC-4
The NBA has sent a letter to the Acting Chairman of the Commodity Futures Trading Commission Carolina Pham highlighting its concerns that sports prediction markets threaten the ...

Caesars Entertainment launches new slot game for NBA playoffs

24 April 2025 at 5:17am UTC-4
Caesars Entertainment has launched its NBA Triple Double Power Combo slot game for players in New Jersey, Michigan, Pennsylvania, and Ontario. The game will be available at ...

PowerPlay updates Ontario sportsbook

15 April 2025 at 5:10am UTC-4
Online sportsbook PowerPlay has released a refreshed version of its original sportsbook, enhancing and expanding its offering to residents in Ontario. PowerPlay first launched ...

Hong Kong think tank suggests basketball gambling revenue should fund sports development

7 April 2025 at 7:29am UTC-4
Hong Kong’s most prominent think tank, Our Hong Kong Foundation, has proposed that revenue from legalized basketball betting should be used to fund sports development in the ...

Online betting scams on the rise during March Madness

27 March 2025 at 8:38am UTC-4
March Madness is in full swing in the US. The NCAA Basketball Tournament, which runs from 16 March to 7 April, is predicted to generate over US$3 billion in wagers, according to ...

Hong Kong Jockey Club supports bid to legalize online basketball betting

27 February 2025 at 7:08am UTC-5
The sole sports betting operator in Hong Kong, Hong Kong Jockey Club, has expressed its support for the Hong Kong Special Administrative Region Government’s 2025 to 2026 budget ...

Hong Kong considers legalizing online basketball betting

25 February 2025 at 7:20am UTC-5
The Financial Secretary of Hong Kong, Paul Chan Mo-po, is considering the legalization of online sports betting for basketball to tackle the region's HK$100 billion fiscal deficit ...