Betting

Colorado’s sports betting industry will “face new regulations” under a bill signed by Gov. Jared Polis that limits customers to “six deposits within a 24‑hour period and bans the use of credit cards to fund betting accounts,” according to Marissa Ventrelli of the Colorado Springs GAZETTE. The measur...

DraftKings founders Jason Robins, Matt Kalish and Paul Liberman were in the early stage of forming the company when the web architect they targeted to be its first chief technology officer passed on the job in favor of another startup.

Fanatics is getting into the World Cup via prediction markets, and this makes for a clearer sports betting picture around the event.

U.S. sportsbooks are on pace to stem four consecutive months of decline in April, with handle 1% ahead of the same time last year. Maryland, Indiana and Michigan led the way with double-digit percentage gains. Pennsylvania was down 10%.

Stories worth your time:

State regulator reports from the first quarter show no movement in the pecking order of handle share among U.S. sportsbooks competing in most legal jurisdictions, though there was slight widening of some gaps.

When FIFA named then-nascent ADI Predictstreet as the official prediction markets platform for the World Cup early in April, many wondered what that would mean in the U.S., where the federal government’s regulation of event contracts would preclude the Abu Dhabi company from securing a license in ti...

Federal prosecutors allege that NBA free agent Terry Rozier “agreed to a $100,000 bribe in order to manipulate his performance in an NBA game as part of a gambling scheme and filed two new charges against him Thursday.” The government filed a “new indictment with additional charges of bribery in spo...

President Trump on Tuesday “took aim at several officials whose states have sought to clamp down on prediction market platforms” such as Kalshi and Crypto.com in a Truth Social post, saying that it is “‘critically important’ that federal regulators at the Commodity Futures Trading Commission oversee...