The NCAA is taking a step toward letting student-athletes and athletics department staff bet on professional sports while maintaining strict bans on wagering on college competitions. On Wednesday, the Division I Administrative Committee approved a proposal that still requires …
The post NCAA Moves Toward Allowing College Athletes to Bet on Professional Sports first appeared on RealMoneyAction.com.
Washington, D.C.Mayor Muriel Bowser is pushing forward with a fresh legislative effort to legalize poker, blackjack, and commercial bingo across the city. The initiative, framed as a strategy to boost local revenue and tourism, comes amid concerns over federal …
The post Mayor Bowser Renews Bid to Expand Legal Gambling in D.C. first appeared on RealMoneyAction.com.
Rhode Island’s tight grip on sports betting through a single operator may soon loosen, as state regulators and lawmakers explore the possibility of allowing more sportsbook platforms into the market. The Rhode Island Lottery recently issued a request for information …
The post Rhode Island Eyes End to Sports Betting Monopoly in 2026 first appeared on RealMoneyAction.com.
BETER, a leading provider of rapid-fire betting content across esports and sports, has been granted a Vendor Minor Licence by the Colorado Division of Gaming, giving it the go-ahead to offer its products in the state for the …
The post BETER Enters Colorado Market with Esports and Sports Content first appeared on RealMoneyAction.com.
Las Vegas Sands Corp. is winding down its online gaming initiative, Sands Digital Services (SDS), resulting in the loss of 300 to 400 jobs—approximately 150 of which are in Las Vegas. The decision reflects a strategic pivot away from …
The post Las Vegas Sands Exits Online Gaming, Refocuses on Asia first appeared on RealMoneyAction.com.
Online prediction platform Kalshi has filed a federal lawsuit against the Ohio Casino Control Commission and Ohio Attorney General Dave Yost, claiming the state is wrongfully targeting its operations by misclassifying them as illegal sports betting.
In a complaint …
The post Kalshi Sues Ohio Regulators Over Sports Futures Contracts first appeared on RealMoneyAction.com.
The One Big Beautiful Bill Act (OBBBA) includes a tax provision that has alarmed American Bettor’s Voice (ABV), a nonprofit advocating for professional and recreational sports bettors. ABV warns the rule, which limits deductions for gambling losses, could drastically …
The post New Tax Rule Could Drain $18B from Regulated Sportsbooks, Says ABV first appeared on RealMoneyAction.com.
In a historic move for Las Vegas gaming, the Golden Gate Casino has transitioned to a fully virtual gaming floor, eliminating live dealers in favor of high-tech electronic games. The downtown venue, originally opened in 1906, is now the …
The post Golden Gate Casino Becomes First All-Virtual Gaming Floor in Las Vegas first appeared on RealMoneyAction.com.
The UK Gambling Commission is tightening its oversight of online gambling with a new set of rules designed to standardize how players manage their spending. Rolling out in stages, the updated regulations will require all online operators to implement a …
The post UK to Enforce Mandatory Deposit Limits Across Online Gambling Sector first appeared on RealMoneyAction.com.
Sports betting remains illegal in many U.S. states, but platforms like Kalshi are bypassing those restrictions by offering “prediction markets”—a financial product that mimics gambling without technically being classified as such.
Ian White, a special education paraprofessional in Minnesota—where online …
The post How Prediction Markets Like Kalshi Are Dodging Sports Betting Bans first appeared on RealMoneyAction.com.