Two major U.S. gambling operators have submitted applications to offer mobile sports betting in Arkansas, potentially partnering with the state’s three licensed casinos. Approval from regulators would allow the companies to operate their apps under Arkansas’ revenue-sharing rules, …
The post FanDuel and DraftKings Move to Enter Arkansas Sports Betting Market first appeared on RealMoneyAction.com.
Indiana legislators have moved closer to prohibiting online sweepstakes casinos after the state Senate approved an amended version of House Bill 1052. The proposal, which previously cleared the House, now returns there after senators introduced changes requiring further consideration.…
The post Indiana Lawmakers Near Sweepstakes Ban first appeared on RealMoneyAction.com.
New Jersey’s gambling market showed steady expansion in January, fueled by a significant increase in online gaming, even as sports betting and land-based casinos experienced mixed results. Total commercial gaming revenue for the month reached $586.4 million, marking a …
The post New Jersey Gambling Revenue Up as iGaming Leads Growth first appeared on RealMoneyAction.com.
The Commodity Futures Trading Commission has filed an amicus brief with the US Court of Appeals for the Ninth Circuit asserting that prediction markets fall under its exclusive authority, as disputes over event-based contracts expand in the United States …
The post CFTC Moves to Protect Federal Oversight of Prediction Markets first appeared on RealMoneyAction.com.
Illinois regulators have seen minimal early movement after launching an enforcement action against sweepstakes casino operators. Within two weeks of issuing 65 cease-and-desist letters, only two platforms — about 3% — had taken steps to block Illinois residents.
Earlier …
The post Illinois Sweepstake Orders Yield Limited Early Response first appeared on RealMoneyAction.com.
A divided Virginia Senate has voted to advance legislation that would permit online casino gaming under state regulation, sending Senate Bill 118 to the House of Delegates for further consideration.
The chamber’s approval came only after an earlier failure on …
The post Virginia Senate Sends iGaming Bill to House first appeared on RealMoneyAction.com.
EveryMatrix has entered a content aggregation agreement in the United States with betOcean, the online arm of Ocean Casino Resort, strengthening its position in New Jersey’s regulated gaming sector.
Under the arrangement, betOcean will integrate EveryMatrix’s casino …
The post EveryMatrix links with betOcean in NJ first appeared on RealMoneyAction.com.
Hawaii lawmakers have taken an initial step toward authorizing online sports wagering, advancing a proposal that has drawn vocal resistance from residents and advocacy groups.
The House Committee on Economic Development & Technology approved HB 2570 in a …
The post Hawaii Lawmakers Move Sports Betting Bill Forward first appeared on RealMoneyAction.com.
South Dakota has taken a major legislative step toward potentially legalizing online sports betting. On Wednesday night, the state Senate approved Senate Joint Resolution 504 with a 23-10 vote, advancing the measure for final passage in the chamber. The …
The post South Dakota and Nebraska Move Forward on Online Sports Betting Expansion first appeared on RealMoneyAction.com.
Florida’s House of Representatives has taken another step toward stricter gambling regulation with HB 189, a wide-ranging bill addressing illegal wagering, sweepstakes casinos, and online sports betting. The measure passed the House Commerce Committee 18-5, marking its third successful …
The post Florida Moves to Tighten Gambling Rules and Enforcement first appeared on RealMoneyAction.com.