A recent court decision flipped the script on how sports betting might be regulated in the future. A federal appeals court ruled that prediction markets—where people bet on sports outcomes—don’t fall under state gambling laws. Instead, they’re treated like financial contracts, overseen by a federal
A battle is heating up between federal regulators and state governments over who controls prediction markets—especially those tied to sports. The Commodity Futures Trading Commission (CFTC) recently sued three states—Arizona, Connecticut, and Illinois—arguing that once these markets operate on feder
In Tennessee, a high‑school senior began betting on games after seeing flashy ads that promised easy money. He spent his birthday cash on a single wager and quickly escalated to larger bets, only to find that losses piled up. The experience made him stop and worry about addiction. The problem is wi
Sports betting sites often push big bonuses to grab new users, and BetMGM’s latest deal fits that pattern. By using the code NYPDM1500, new players can boost their first deposit by 20%, up to $1, 500 in bonus money—enough to cover multiple bets on tonight’s Knicks vs. Grizzlies game. The catch? You’
A new sports betting app wants you to try it out with a free $20 bonus. If you sign up and deposit at least $20 using the promo code WTOP, the money appears instantly in your account. The catch? You have to be in the US and at least 18 years old. The app focuses on predicting game outcomes rather th
In Illinois, people can place bets on most sports online. But there is one big exception: the state’s own college basketball teams are off limits for wagering. The law says you cannot bet on any in‑state NCAA school, no matter the game or championship. So when Illinois’ University of Illino
New Jersey lawmakers are looking at raising money from sports betting to cover extra security for the World Cup. A Senate budget leader has drafted a bill that would add a 10 percent tax on the money casinos earn from online bets during the tournament. The extra charge would last until August 10. T
The Elite Eight games on Sunday will decide who joins the Final Four. Two matchups bring together top teams that have dominated this season. The stakes are high: a single loss means the end of a dream. In one game, Tennessee, seeded sixth, will face Michigan, the top seed in the Midwest region. Ten
Prediction platforms that let users bet on events like elections, sports games and pop culture shows are facing a possible legal crackdown. A bill called the STOP Corrupt Bets Act is set to be filed in the Senate, while a House version will follow soon. The new law would prohibit trading on many
The legal world is turning its attention toward the new trend of in‑game micro‑bets, and the National Football League is caught up in a lawsuit that could change how betting works on the field. Two Pennsylvania residents have filed claims against the NFL, two major sportsbooks—DraftKings and FanDuel
