Lawmakers in the New Jersey State Assembly have approved a bill that would ban colleges and universities from entering into partnerships with sports betting operators. Assembly Bill 4113 now heads to the Senate Higher Education Committee where, if approved, it will be put up to the NJ Senate for a final vote before becoming the…
Is raging nationalism good for sports betting? If you were to base the answer to that question on the volume of betting surrounding the 4 Nations Face-Off, the answer would be a resounding “yes.” According to recently released numbers, published in SBC Americas, wagering on the international hockey event broke multiple records for hockey wagering…
Two US lawmakers are calling for the repeal of the federal sports betting excise act. Earlier this week Representatives Dina Titus (D-Nevada) and Guy Reschenthaler (R-Pennsylvania) introduced a bill that would repeal the 0.25 percent the Federal Government has been collecting on sports betting handles for almost 75 years. The sports betting excise tax has…
DraftKings' CEO Jason Robins peered into his company's future during a recent Q4 earnings call and had lots to say about what America's biggest sports betting operator will be doing down the line. It's a future that includes plenty of live betting, potentially some lottery, and some very ambitious earnings goals. Digital lotteries have been…
Since the Supreme Court's decision to allow individual states to determine whether or not they want regulated sports betting in their states, gaming expansion has had a pretty smooth ride in the United States. That smooth ride does, however, occasionally hit a snag. That's the case in Indiana, a state that will not be offering…
The State of Texas moved one step closer to regulated sports betting this week when Representative Sam Harless filed House Joint Resolution 134. If passed, this measure would put a resolution on regulated sports betting on the November ballot and let the people of Texas decide whether or not they want sports betting to be…
Deep in the heart of Iowa farm country is a Corn field like no other cornfield in America. This particular corn field, dubbed America's Busiest Cornfield by Betting Hero, an activation and research leader in the global sports betting and iGaming industries, is where crowds of sports bettors from Nebraska gather to place bets by…
The battle against unlicensed sports betting operators in regulated markets heated up late last week when Illinois Attorney General Kwame Raoul issued a warning that specifically mentioned PrizePicks and Bovada. These two operators, one a sports books, the other a DFS site, serve Illinois customers without having acquired an Illinois gaming license and that's not…
Is the event contract market getting ready to hit mainstream America? That may well be the case in the wake of a recent announcement of a deal between Robinhood, the online brokerage firm, and Kalshi, a major player in the events contract market, to partner on trades surrounding the outcome of Super Bowl LIX. It's…
Federal investigators are looking into allegations of unusual betting patterns surrounding the play of Terry Rozier in 2023. Rozier, who is currently playing for the Miami Heat, was playing with the Charlotte Hornets at the time the games under investigation were played. News of the investigation was first reported earlier this week by the Wall…
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