North Carolina’s Budget Squeezes Sportsbooks and Goes Easy on Prediction Markets

North Carolina Sports Betting Tax | Jumps to 23% in Budget

The state’s fresh budget makes operating a sportsbook pricier while giving a competing product a gentle landing, and a few legislators fear the imbalance could siphon off the very dollars the increase was supposed to bring in. In one budget, North Carolina made sportsbooks costlier to operate and, at the very same moment, gave a … Read more

The NCAA Just Turned Its Sorsby Gambling Case Toward Cincinnati Itself

NCAA Cincinnati Investigation | Brendan Sorsby Gambling

A letter of inquiry sent to the University of Cincinnati shifts the focus from what quarterback Brendan Sorsby did to what his school knew, and it could reshape how programs are held responsible when an athlete bets. For a year, the story was about a player. Now it is about a program. The NCAA’s long-running … Read more

Responsible Gambling Gets a Sliver of What Celebrity Deals Do, a New Audit Finds

Responsible Gambling Spending | Dwarfed by Celebrity Ads

One firm’s review tallies $520 million on star endorsements last year and just $60 million on player-safety efforts, a gap worth weighing seriously, provided you remember who did the tallying. Sit through a few hours of live sports and the celebrity pitches run together, a parade of athletes and actors hawking the same betting apps. … Read more

Ohio Could Become the First State to Repeal Online Sports Betting

Ohio Sports Betting Ban | The Save Ohio Sports Act, HB 971

A GOP proposal, the Save Ohio Sports Act, would herd every legal wager back onto the floors of the state’s four casinos, kill props, parlays, and in-play markets, and cap a single bet at $100. Passage is a stretch, yet nothing this drastic has surfaced anywhere since betting went legal. As nearly every other state … Read more

Ex-NBA Guard Malik Beasley Charged in an Alleged Scheme to Fix Prop Bets on Himself

Malik Beasley Indictment | NBA Prop-Bet Fixing Scheme

A federal indictment unsealed in Brooklyn accuses the former Milwaukee Bucks guard and five others, including an NBA agent, of manipulating his own rebound and point totals so insiders could cash prop bets. It is the latest blow to the league’s uneasy marriage with legal betting. The player prop, the bet on a single athlete’s … Read more

MLB Players Want Prop Bets on Themselves Banned, From Sportsbooks to Prediction Markets

MLB Attempt To Ban Prop Bets | MLBPA Player Prop Proposal

The MLB prop bet ban proposed by the players union landed in CBA talks this week. It would hit sportsbooks, daily fantasy sites, and prediction markets alike.

Indiana Bans Sweepstakes Casinos on July 1, and Players Have Until Then to Cash Out

Indiana Sweepstakes Casino Ban | What Players Must Do

Indiana’s ban takes effect July 1, joining a national wave that has already wiped out the dual-currency casino model in state after state. If you play on Chumba, Stake.us, or Pulsz, your account and your balance are on the clock. The clock is running on sweepstakes casinos in Indiana. On July 1 the dual-currency sites … Read more