Ryan Gold, the Arizona Cardinals' director of college scouting, has been suspended by the NFL for allegedly placing parlay bets using insider information and leaking it to third parties.
The FIFA World Cup has driven a significant uptick in sports betting in Tennessee, with a 30% year-over-year increase in the total betting handle in June. The state collected $8.4 million in taxes from betting last month.
Arnold Ventures has dedicated $2.6 million to 12 new research grants to analyze the impact of sports betting across the US. The research will focus on consumer behavior, financial decisions, household impacts, and public health and social outcomes.
Entain is selling a 20% stake in its Central and Eastern Europe venture to EMMA Capital. Meanwhile, Meta is exploring a prediction market platform inspired by Kalshi and Polymarket.
Ohio is on the verge of prohibiting credit card use for sports gambling, with widespread support from operators and regulators. The rule is expected to take effect soon, following a public consultation period that closed without significant opposition.
The UK Gambling Commission has imposed a hefty fine on Betfred for regulatory failures. Meanwhile, Ohio is considering significant restrictions on online betting.
Maine's online gaming and poker legalization is set to make Caesars Entertainment the sole provider, with potential challenges ahead.
The MLB Players Association is advocating for a ban on player prop bets during ongoing labor negotiations, citing concerns over harassment from bettors.
The Lumbee Tribe of North Carolina has taken a significant step towards opening a casino by amending their constitution to allow for gambling. The tribe will host a full vote on June 23 to decide if the members approve of gambling.