The Nevada Resort Association (NRA) has been granted permission to intervene in a federal lawsuit filed by KalshiEx LLC against Nevada’s gaming authorities. U.S. District Judge Andrew Gordon issued the ruling Monday, allowing the NRA to defend its members’ …
The post Nevada Resorts Enter Legal Fight Over Sports Prediction Platforms first appeared on RealMoneyAction.com.
Florida’s House and Senate are divided over how much to allocate to the Florida Gaming Control Commission, with a notable $5.49 million discrepancy in their proposed budgets. The key point of contention revolves around funding for gambling enforcement and …
The post Budget Standoff: Florida Lawmakers Clash Over Gaming Commission Funding first appeared on RealMoneyAction.com.
This weekend’s Mubadala New York Sail Grand Prix marks more than a midseason highlight for SailGP—it introduces sports betting to the high-speed sailing league. Through new partnerships with DraftKings in the U.S. and bet365 internationally, fans can …
The post SailGP Teams with DraftKings and Bet365 to Launch Race Betting first appeared on RealMoneyAction.com.
Caesars Entertainment has expanded its mobile wagering platform, integrating pari-mutuel horse race betting into the Caesars Sportsbook app in Indiana and Illinois. This development follows earlier rollouts in New York, Ohio, Maryland, Kentucky, and Colorado, offering users in these …
The post Caesars Expands Horse Racing Betting in Indiana, Illinois first appeared on RealMoneyAction.com.
Louisiana is on the brink of outlawing online sweepstakes casinos, as Senate Bill 181 (SB 181) moves to Governor Jeff Landry’s desk for final approval. If signed, the state will become the second in the U.S. this year – following …
The post Louisiana Nears Statewide Ban on Online Sweepstakes Casinos first appeared on RealMoneyAction.com.
Laurence Escalante, founder of Virtual Gaming Worlds (VGW), is making a bold move to acquire total ownership of the company he launched. Already the majority shareholder with 70%, Escalante is seeking to purchase the remaining 30% through a deal …
The post Escalante Targets Full Control of Sweepstakes Leader first appeared on RealMoneyAction.com.
Illinois has passed a controversial new tax on online sports betting, rattling the industry and sending major sportsbook stocks into decline. The move, part of a newly approved $55 billion budget, imposes a 25-cent tax on each of the …
The post Illinois Approves Per-Wager Tax, Industry Reacts Swiftly first appeared on RealMoneyAction.com.
Online prediction exchange Kalshi is at the center of a growing legal standoff that could redefine the U.S. sports betting industry. Despite multiple cease-and-desist orders from state gambling authorities, Kalshi continues to allow users across all 50 states to trade …
The post Kalshi Disrupts Sports Betting Through a Legal Loophole first appeared on RealMoneyAction.com.
A major regulatory overhaul is coming to Indiana’s sports betting industry. Beginning July 1, hundreds of companies that support sports wagering operations—but don’t handle bets or accounts—will no longer need to register with the Indiana Gaming Commission (IGC).
This …
The post Regulatory Shift Loosens Licensing Rules in Indiana first appeared on RealMoneyAction.com.
High5Games has agreed to pay nearly $1.5 million and cease its unlicensed online casino activity in Connecticut, following a settlement with the state’s Department of Consumer Protection (DCP). The agreement resolves an investigation into the company’s operation of High5Casino …
The post High5Games Reaches $1.5M Settlement Over Unlicensed Casino Operations first appeared on RealMoneyAction.com.