AGA Casts Prediction Markets as Next Crackdown Target
The trade group says sports event contracts are draining tax revenue and testing state gambling rules.
The trade group says sports event contracts are draining tax revenue and testing state gambling rules.
The proposal would curb borrowed-money wagering in a state with more than a dozen online sportsbooks
The affiliate is adding a U.S. market lead and a second specialist as it builds out coverage in sports betting, DFS and prediction markets.
Lawmakers sent the package to Gov. Josh Stein with a gambling-loss deduction, new university revenue rules and a tax aimed at CFTC-licensed platforms.
Draft rules would tie identity checks, device monitoring and geolocation to a broader push to keep minors out of online gambling
Books said patriotic action, a surging U.S. team and a wider market turned one knockout game into a record
The pilot now reaches 15 high schools and seven middle schools, with sessions on warning signs, betting myths and financial skills.
A forthcoming budget proposal would change both the sports-betting tax rate and the way tax revenue is shared across schools and programs
Handle totaled $545.7 million, operator revenue fell to $38.7 million, and several sports saw profits retreat as the Golden Knights’ run reshaped results
Analysts estimated $2.9 billion wagered on U.S. sportsbooks, alongside $2.5 billion-plus in U.S. prediction-market trading, as the tournament’s match-by-match dynamics come into focus.
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