Illinois Imposes Tax on Fantasy Sports and Prediction Markets
Lawmakers in Illinois have given the green light to a new $56 billion budget, which includes fresh taxes targeting fantasy sports and prediction markets, effective July 1. Passed as part…
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Marcus Chen brings a quantitative approach to poker strategy and sports betting analysis. With a background in data analytics and over eight years covering professional poker circuits, his articles combine statistical insights with practical advice for serious players looking to sharpen their edge at the table.
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Massachusetts Sportsbooks Face Scrutiny Over New Transparency Rule
Massachusetts sportsbooks have started notifying bettors when they limit accounts, following a new state rule aimed at enhancing transparency. The Massachusetts Gaming Commission’s regulation, effective Monday, mandates that operators disclose…
World Cup Betting Prioritizes Player Acquisition Over Revenue
U.S. sportsbooks are viewing the 2026 World Cup more as a prime opportunity for customer acquisition than a straightforward revenue windfall. Predictions suggest the total betting handle could exceed $4…
FanDuel and DraftKings Capture Majority of Arkansas Sports Betting Market in April
For the first time, Arkansas’s sports betting market surpassed $100 million in handle, with FanDuel and DraftKings making a major impact in their first full month of operations. FanDuel, partnering…
More Alberta Online Casinos Set for July Launch
Alberta Gaming, Liquor and Cannabis (AGLC) has greenlit additional operators and suppliers for the impending launch of online casinos and sportsbooks in Alberta. In a recent update, AGLC announced that…
Poll Reveals Majority of Americans Oppose Legalized Sports Betting
A recent Overton Insights survey indicates that a majority of Americans oppose legalized sports betting, even as the industry has seen rapid growth since the Supreme Court’s 2018 decision to…
DraftKings Plans Expansion of Prediction Markets with Proprietary Contracts
DraftKings is gearing up to broaden its prediction markets by creating sports event contracts in-house. Railbird Exchange, which DraftKings bought in October 2025, has filed with the Commodity Futures Trading…
Kalshi Demands Retraction from FairPredicts Over Defamatory Claims
Kalshi, a notable player in the prediction market space, is challenging FairPredicts over what it calls defamatory statements. The operator has issued a demand letter for the immediate removal of…
Louisiana Bill Aims to Curb Bettor Harassment of Athletes
A bill targeting harassment of athletes by sports bettors in Louisiana is on its way to Governor Jeff Landry’s desk after receiving unanimous approval from both legislative chambers. Sen. Mike…
Ohio Casino Control Commission Executive Director Matthew Schuler is set to retire at month’s end. Having played a pivotal role in shaping
When Ohio rolled out sports betting on January 1, 2023, the market changed significantly. Sportsbooks, aware months in advance, had to pivot from state-specific ads to broader national campaigns due…
Bet365 Prepares for Alberta Online Casino Launch in July
Bet365 is poised to join Alberta’s online casino market as the province gears up for its July 13 launch. The global gambling giant was recently added to the Alberta Gaming,…
CT Expands Sports Betting Laws with New Consumer Protections
Connecticut Governor Ned Lamont recently signed two important bills that put new consumer protection measures in place for sports betting operators. HB 5529 and SB 296 were enacted last week,…
Polymarket Introduces Parlay-Style Contracts in U.S. Market
Polymarket has introduced a new betting product to its U.S. exchange, a parlay-style platform they’re calling Combinatoric Athletic Outcome Contracts (CAOCs). The company filed with the Commodity Futures Trading Commission…
Senate Examines Regulation of Prediction Markets Amid Industry Scrutiny
A U.S. Senate committee convened on Wednesday to explore potential regulatory changes for prediction markets, a conversation that could pave the way for clearer guidelines distinguishing them from traditional sports…
North Carolina Considers Raising Sports Betting Taxes Up to 30%
North Carolina lawmakers are mulling over the possibility of increasing the sports betting tax rate to as much as 30%. Reports from WRAL-TV last week indicated that state budget discussions…