The Texas Medical Association has called for the legal age for using prediction markets to be raised to 21, citing concerns over adolescent vulnerability to gambling addiction. The proposal is under review by the Texas Senate Committee on State Affairs.
Kalshi has inked multi-year brand partnerships with five MLB teams, including the Atlanta Braves and Boston Red Sox, despite ongoing legal disputes.
Sportradar and Polymarket have expanded their partnership to include over 20 global sports leagues, enhancing Polymarket’s sports offerings with premium data and live content.
Caesars Sportsbook has been fined $251,250 by the New Jersey Division of Gaming Enforcement (DGE) for failing to meet responsible gambling standards. The sportsbook also had to give up $45,465 in profits as part of the settlement.
Connecticut has filed a new lawsuit against Kalshi, arguing that its sports event contracts constitute illegal gambling. Kalshi, however, insists it is regulated by the CFTC and not subject to state gaming laws.
The NFL has clear guidelines on gambling for players, coaches, and staff. Violations can lead to severe penalties, including suspensions and bans. Here’s what you need to know.
Law enforcement agencies in Tennessee conducted simultaneous raids on 22 locations, seizing illegal gambling machines, drugs, and $1.3 million in cash. 13 people were arrested in the operation.
The IRS has issued a warning about the dangers of illegal gambling ahead of the football season, urging bettors to use licensed platforms.
Two initiatives to legalize online sports betting in Nebraska will be on the November ballot, with one seeking to amend the state constitution and the other proposing a regulatory framework.