Sports wagering start up company Betr has been fined a record $210,000 (USD$140,00) by ​​Liquor and Gaming New South Wales (L&G NSW) for breaching the state’s laws in its promotional ads during its launch in October. The News Corp-backed wagering company Betr offered 100-to-1 odds and 20-1 odds on major events including the Melbourne Cup,…

Commentary This year’s FIFA World Cup is well underway. Throughout the month-long tournament, millions of Americans, we’re told, will bet a total of $1.8 billion. This should come as no surprise. After all, Americans love to gamble. However, this love is quickly turning millions of Americans into gambling addicts. You’re more likely to be struck…

Ballot measures related to abortion, marijuana, and slavery are among a diverse array of issues voters in 37 states will see at the polls this fall. Taxes, infrastructure bonds, crime, minimum wage, elections, and the structure of state government are also among common themes on Nov. 8 ballots nationwide. An expected flurry of measures related…

Commentary It’s illegal in California to bet on sports events. That illegality extends both to bets in person and bets on the internet. Two well-financed competitors are squaring off to convince California voters that their specific proposal to allow sports gambling is best for Californians. Propositions 26 and 27 are on the Nov. 8 California…

Georgia’s 2022 legislative session concluded April 4 without lawmakers adopting a resolution that would have placed a proposed constitutional amendment on the ballot in November calling on voters to legalize online and mobile sports betting in the state. Similar ballot referendum efforts have faded this year in Alabama, Missouri, and South Dakota. Californians will vote…

Nevada casinos are on course to record the highest annual house winnings, according to the gambling regulatory board, indicating a shaky return back to normalcy for the state’s biggest industry after the pandemic-related shutdowns. According to statements published by the Nevada Gaming Control Board, casinos had an incredible streak this year, the longest on record,…

Ohio Gov. Mike DeWine (R) signed a bill on Wednesday that makes sports betting legal in the state. The legislation will allow betting on sports such as basketball, baseball, football, golf, hockey, and others beginning in mid-March of 2022. The bill’s passage and the governor’s signature come three years after much discussion and debate over…

Legal sports betting is on the table in Ohio in 2022. Ohioans may be able to bet on sports as early as Major League Baseball’s opening day, but for now a bill that would legalize the activity is awaiting the signature of Gov. Mike DeWine (R). The Ohio General Assembly passed a bill on Dec….

Sports betting will likely occur through exchanges and retail brokerages like Robinhood Markets Inc. in the future, the head of North American markets at Nasdaq Inc. said on Thursday. Nasdaq in June took a stake in Sporttrade, a start-up that plans to launch a sports betting app in New Jersey by year-end, and last month…

Endeavor Group Holdings Inc, the owner of the Ultimate Fighting Championship, will acquire sports betting business OpenBet from Scientific Games Corp. for $1.2 billion in cash and stock, the companies said on Monday. Endeavor, whose shares were up nearly 10 percent in extended trading, said the acquisition will strengthen its position in the sports betting…