Tag: Regulation
Could Kalshi’s Nevada victory collapse due to the Wire Act?
16 April 2025 at 7:53am UTC-4
Reporting in Forbes yesterday raised questions around the legality of online prediction platform Kalshi’s sports prediction markets under the Wire Act.
The law prohibits ...
Australian politicians gifted AU$245,000 worth of sports tickets while mulling ban on online sports betting ads
16 April 2025 at 7:33am UTC-4
Australian politicians, including Prime Minister Anthony Albanese, received tickets to sports matches worth around AU$245,000 between June 2023 and March 2025, while considering a ...
Nebraska online sports gambling bill facing tough odds
15 April 2025 at 7:08am UTC-4
The legalization of sports betting in Nebraska faces an uphill climb as at least one state senator has promised to filibuster at the next debate stage.
Resolution 20CA, ...
New Jersey councilman arrested in illegal online gambling investigation
14 April 2025 at 7:12am UTC-4
New Jersey councilman Anand Shah is among 39 people who have been detained due to links to racketeering, money laundering, and illegal gambling operations in the state ...
Michigan regulator to investigate unlicensed prediction markets
14 April 2025 at 5:33am UTC-4
The Michigan Gaming Control Board has revealed that it will be starting an investigation into unlicensed sports prediction markets found to be operating in the state unlawfully ...
Michigan Gaming Control Board sends 13 cease-and-desist letters to offshore operators
11 April 2025 at 6:29am UTC-4
The Michigan Gaming Control Board has issued 13 cease-and-desist orders to offshore online gambling operators.
The operators include Captain Jack Casino, Casino Brango, Ducky ...
Karnataka becomes latest Indian state to address online gambling
10 April 2025 at 7:09am UTC-4
The goverment of the Indian state of Karnataka is mulling a new law to regulate online gambling in a bid to crack down on games of chance and, at the same time, allow for skill ...
Hawaii set to legalize online sports betting and fantasy sports
10 April 2025 at 6:21am UTC-4
Hawaii is on the verge of legal sports betting after the state Senate approved a bill to legalize online sportsbooks and daily fantasy sports, according to The Oregonian.
House ...
Social and Promotional Games Association celebrates withdrawal of “out of touch” legislation targeting sweepstakes
9 April 2025 at 6:43am UTC-4
The Social and Promotional Games Association has expressed optimism about the failure of legislation to ban sweepstakes games in Maryland, Arkansas, and Mississippi.
Responding ...
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 ...
