Hawaii becomes first state to advance prediction market ban through committee
The proposed legislation would classify betting on elections, political events, sports and other real-world outcomes as illegal gambling in...
Keep up with the US iGaming market, covering regulation, market expansion, operator launches, and investment opportunities across states.
The proposed legislation would classify betting on elections, political events, sports and other real-world outcomes as illegal gambling in...
Four operators currently meet this threshold: DraftKings, Caesars, Fanatics and FanDuel, representing approximately three-quarters of the market.
The prediction market platform has 30 days from 6 February to comply with the order requiring it to cease...
The bill proposes a 25% tax on adjusted gross gaming revenue, with potential for up to 51 platforms statewide.
The expansion adds sports including soccer, MMA, golf, boxing, tennis, and Olympic Games to the platform.
The Board has deemed Coinbase's event contract offerings unlawful in Nevada and in violation of state gaming laws.
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