Tennessee is ramping up its efforts to stamp out illegal sports betting, slapping $50,000 fines on offshore operators Lowvig and Sportsbetting.ag for continuing to target state residents despite cease-and-desist orders issued in April. The fines mark the sixth and seventh penalties handed out by the Sports Wagering Council (SWC) as part of its aggressive campaign […]
Sports Betting News
Knowing what is happening in the sports world can affect your sports betting strategy. We present you the latest news about soccer, football, basketball, as well as famous players from all sports.
New York Sportsbooks Smash Revenue Record with $248.9M in May
New York’s mobile sportsbooks posted their strongest month to date in May 2025, pulling in $248.9 million in gross gaming revenue (GGR), a new high that edges past the previous record of $247 million set in January. The milestone came despite a slight dip in handle, which dropped from $2.48 billion in January to $2.21 […]
bet365 and Incentive Games Launch £50,000 Club World Cup Predictor Game
bet365 has teamed up with Incentive Games to unveil a new free-to-play Tournament Predictor just in time for this summer’s expanded FIFA Club World Cup. The game is designed to ramp up fan engagement by letting users predict match outcomes for every fixture in the tournament. Available in nearly 100 countries, the Predictor rewards players […]
Dutch Regulator Cracks Down Ahead of Sports Sponsorship Ban by Gambling Firms
Full Ban on Sports Sponsorship by Gambling Operators Takes Effect July 1 Dutch gambling authority Kansspelautoriteit (KSA) has issued a firm warning to the gambling industry as it prepares to enforce a full ban on sports sponsorships starting July 1, 2025. The regulator confirmed it will ramp up enforcement efforts this summer, with immediate action […]
NBA Urges Crackdown on Prediction Markets Over Game Integrity Concerns
League asks federal regulators to step in as unregulated sports markets gain traction NBA Presses for Federal Oversight of Prediction Markets The NBA is calling for tighter regulation of sports prediction markets, warning that unchecked growth in this space could compromise the integrity of professional basketball games. In a letter sent to the Commodity Futures […]
Michigan Cracks Down on Unlicensed Sports Prediction Markets in Consumer Protection Push
State Regulator Targets Platforms Operating Outside the Law The Michigan Gaming Control Board (MGCB) has launched formal investigations into several platforms running unlicensed sports prediction markets, raising alarms over consumer safety and the integrity of the state’s legal gambling industry. Among the companies under scrutiny are Kalshi and Robinhood, both of which offer products allowing […]
Paradise Prepares to Play: Hawaii on Verge of Historic Online Sports Betting Approval
After decades of resistance to gambling, the Aloha State is poised to make a groundbreaking shift in policy as lawmakers advance legislation to legalize online sports wagering. This potential sea change would transform Hawaii from one of the nation’s most gambling-restrictive states into a regulated market for sports enthusiasts looking to place bets on their […]
PropSwap and Bally Bet Join Forces to Revolutionize Sports Betting in Mississippi
In a move set to transform the sports betting landscape in Mississippi, PropSwap and Bally Bet have announced a groundbreaking partnership that introduces secondary market wagering to retail sportsbooks. The collaboration, which launched just in time for March Madness, promises to change how sports bettors approach their wagers by allowing them to capitalize on favorable […]
Robinhood’s March Madness Betting Stirs Regulatory Concerns in Massachusetts
Massachusetts has initiated a formal investigation into Robinhood’s new prediction-markets feature, which allows users to bet on NCAA March Madness outcomes. This development has triggered alarms among state regulators, prompting them to question the platform’s approach to blending investment activities with gambling tendencies. Subpoena and Concerns from Secretary of the Commonwealth Bill Galvin, the Secretary […]
Bipartisan Push to Eliminate Federal Sports Betting Tax Gains Momentum
Lawmakers Target “Outdated” Excise Tax That Favors Illegal Operators Congressional Gaming Caucus leaders have launched a renewed effort to abolish the federal excise tax on sports wagers, arguing that the seven-decade-old levy hampers legitimate businesses while giving illegal bookmakers an unfair advantage. Representatives Dina Titus (D-Nevada) and Guy Reschenthaler (R-Pennsylvania) recently introduced the Discriminatory Gaming […]
