Posts From: February 2025

U.S. lawmakers reintroduce bill to eliminate federal sports betting handle tax

Representatives Dina Titus (D-NV) and Guy Reschenthaler (R-PA), co-chairs of the bipartisan Congressional Gaming Caucus, reintroduced legislation today to repeal the 25% excise tax placed on all legal sports bets,...

Sports Betting
Oregon sets new sports betting record during Super Bowl

Oregonians placed more than 456,000 bets through the Oregon Lottery’s DraftKings Sportsbook during Sunday’s Super Bowl, setting a new record for any single sports event. The wagers totaled $8.26 million,...

Sports Betting
Vermont senators introduce bill to pull legal sports betting

Some Vermont lawmakers are looking to turn the clock back on legal sports betting.  Three House Representatives have proposed H. 133 to ban sports betting in the state. The bill would...

Sports Betting
Iowa sports wagering up by 12% in January

The Iowa Racing and Gaming Commission reported nearly $22.1 million in adjusted gross sports betting revenue for January as both DraftKings and FanDuel started the year in strong fashion. It was the fifth-highest revenue total...

Sports Betting
Oklahoma lawmaker renews efforts to legalize sports betting

Oklahoma lawmakers are working to make sports betting legal in Oklahoma. We reached out to a casino here in town and spoke with an economist about the impact legalizing sports...

Sports Betting
Kalshi informs U.S. regulator of single-game events launch

Kalshi has filed with the CFTC to list single-game event contracts, industry observers wonder whether exchanges could disrupt traditional sportsbooks. Kalshi provided the ability for football fans in all 50...

Sports Betting
Gov. Greg Abbott signals support to allow sports betting in Texas

Texas Gov. Greg Abbott told the Houston Chronicle  that he has no problem with legalizing sports betting in the state.  Abbott appeared on the newspaper’s “Texas Take” podcast, and he said...

Sports Betting
Robinhood pulls Super Bowl event betting after one day

Robinhood said on Tuesday it is rolling back the event contracts that would let users bet on the result of the Super Bowl clash this weekend, after the online brokerage received...

Sports Betting
Americans set to wager estimated $1.39 billion on Super Bowl LIX

The American Gaming Association (AGA) estimates that Americans will wager a record $1.39 billion legally on Super Bowl LIX, highlighting the continued expansion and enthusiasm around the legal sports betting...

Sports Betting
OddsMatrix seals supply deal with LeoVegas Group

Tier-1 operator LeoVegas Group will integrate OddsMatrix’s proven odds feed to support its transition to a proprietary sportsbook platform. OddsMatrix, EveryMatrix’s sportsbook platform and odds feed business, will supply LeoVegas...

Sports Betting