Legal Sports Report: Virginia House, Senate Pass Different Online Casino Bills
There will be a conference committee to hash out the differences between SB 118 and HB 161, though both bills have a reenactment clause which means online casino will need to be approved again next year even if it passes this year.
Ifrah Law: CFTC Plants the Flag on Regulating Prediction Markets
The CFTC moves to assert regulatory authority over prediction markets, using two Kalshi insider trading enforcement cases as a basis to signal its intent to investigate and prosecute illegal trading practices on prediction market platforms.
Fanduel: 5 Reasons Why Regulated Sportsbooks Benefit Customers
Regulating sportsbooks provides customers with safeguards around payment processing, data privacy, and responsible gaming to protect and empower their bettors.
bet365, UFC: UFC Names bet365 Official Sports Betting Partner in the U.S. and Canada in Landmark Multiyear Agreement
bet365 will have an integrated involvement in every UFC event, including offering on-screen betting tickers, fighter odds, intro odds and same-game parlay features.
Legal Sports Report: Missouri Bill Adds New Sports Betting Tax To Offset Promo Deductions
A bill was introduced to add a 24% tax on adjusted gross revenue, which would be calculated before any operators can deduct promotions.
Wisconsin Public Radio: Tribes, gambling companies at odds over bill legalizing online sports betting in Wisconsin
While Wisconsin’s tribes support a bill to bring online sports betting to the state, some sportsbooks say the bill’s language requiring tribes keep 60% of revenue is “not economically feasible.”
