Bipartisan Bills Target Prediction Markets for Ban
"On Thursday, both the House and Senate will look at companion bills in committee that would make prediction markets like Polymarket illegal. Both bills have bipartisan support." Minnesota Legislature to consider bills banning prediction markets https://t.co/EopmPCqi76
Nevada Regulator Urges Tribal-State Unity Against Betting Prediction Threat
"The chair of the Nevada Gaming Control Board said tribes and states must stick together to fight an “existential threat” posed by sports betting prediction platforms." IGA: Nevada regulator addresses prediction markets in deep detail https://t.co/Q2sswHYMcz
DraftKings, FanDuel Seek Federal Venue for Baltimore Betting Lawsuit
"DraftKings and FanDuel are trying to convince a federal appeals court to move a sports betting lawsuit by the City of Baltimore to federal jurisdiction..." DraftKings, FanDuel Claim Sports Betting Apps Not Affected by State Policy https://t.co/UuZ3aKu8e9
Low Tax, Promo Deductions Drive NC Betting Surge
North Carolina... can still remember the first bill that came across with a single digit tax rate + promo deductibility... and look at us now. Sports wagering pace of $146M would exceed forecast https://t.co/qP0fOgCLQk
Lula Calls for Ban on Online Betting Platforms
"I am deeply worried about the indebtedness of the Brazilian people. If these platforms cause harm, why don’t we end them? We are discussing this very seriously." Brazil’s Lula argues for ban on online betting platforms https://t.co/K8LyuPjO8X