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Saturday, June 21, 2025

BetMGM

Illinois Gov. JB Pritzker speaks after giving his annual State of the State address on Wednesday, Feb. 19, 2025, in Springfield.

Illinois Passes New Sports Betting Tax in Middle of the Night

This is the second straight year Illinois approved a tax increase on sportsbooks.
June 2, 2025
May 12, 2025; New York, New York, USA; New York Knicks guard Jalen Brunson (11) dribbles as Boston Celtics guard Derrick White (9) defends in the second half during game four of the second round for the 2025 NBA Playoffs at Madison Square Garden.

Sports Betting Giants, Leagues Watch Closely As Kalshi Keeps Winning

Regulators in at least six states have sent Kalshi cease-and-desist letters.
May 13, 2025
Jan 17, 2025; San Antonio, Texas, USA; San Antonio Spurs center Victor Wembanyama (1) dribbles past Memphis Grizzlies forward Santi Aldama (7) in the second half at Frost Bank Center.

Fanatics Pays Out and Refunds Wembanyama Bets After Injury Ends Season

Fanatics applied its Fair Play rule to bets related to Wembanyama winning awards.
February 21, 2025
Andy Reid

Sportsbooks Call for Tighter Regulations on Prediction Markets

Sports betting and sports event contracts are treated differently—for now.
February 9, 2025