Maine officially entered the in-person sports betting arena on Friday, September 13, with the first legal sports bet placed at Oddfellahs, a downtown Portland sportsbook powered by Caesars Sportsbook.
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Massachusetts wrapped up summer with a strong performance in sports betting, recording $447.3 million in total handle for August 2024, according to the Massachusetts Gaming Commission.
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Caesars Entertainment has contributed more than $4 million to a campaign aimed at defeating the Missouri sports betting ballot initiative scheduled for the Nov. 5 general election.
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DraftKings and FanDuel are well-positioned to absorb tax increases while maintaining their “product superiority,” according to HoldCrunch CEO Tom Johnson.
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Silicon Valley-backed start-up Novig has launched its innovative sports prediction market in 42 states and Washington DC, utilizing a sweepstakes model that offers users a commission-free platform for sports betting.
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Kalshi, an online platform that offers prediction markets for trading event contracts, briefly allowed US election betting last Thursday before the DC Circuit Court of Appeals reinstated an injunction against the company.
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The Major League Baseball Players Inc. (MLBPI) has filed lawsuits against several major sports betting companies, accusing them of the unauthorized use of MLB players’ images on their platforms.
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