A legal dispute over the regulation of prediction markets has intensified after the Commodity Futures Trading Commission (CFTC) moved to block Rhode Island from enforcing state gambling laws against federally regulated exchanges.
The federal agency announced that it had filed …
The post CFTC Takes Rhode Island to Court Over Market Oversight first appeared on RealMoneyAction.com.
The debate over prediction markets intensified this week after the American Gaming Association (AGA) estimated that states and tribal governments have lost more than $1 billion in tax revenue as activity shifts toward platforms operating under federal oversight.
AGA President …
The post AGA Links Prediction Markets to Tax Losses first appeared on RealMoneyAction.com.
Arizona plans to reopen the application process for event wagering licenses next month, creating an opportunity for new operators to enter a market that has seen several sportsbook departures in recent years.
The Arizona Department of Gaming announced that it …
The post Arizona Opens New Sports Betting License Window first appeared on RealMoneyAction.com.
A newly released national survey suggests that legal sports betting continues to face significant public resistance in the United States despite its rapid expansion across the country in recent years.
The poll, conducted by public opinion research firm Overton Insights…
The post Poll Shows More Americans Oppose Sports Betting first appeared on RealMoneyAction.com.
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