Our Writers:
Michael Savio

Kalshi filed lawsuits against the New Jersey and Nevada regulators over cease-and-desist letters demanding its March Madness prediction market shut down. The company argues that only the CFTC should control the controversial market, meaning the regulators’ actions are illegal.

Sports betting bill HB 1101 and HB 1047 would establish a tribal-run sports betting market in Oklahoma, despite the threat of veto from Governor Stitt. The Senate is considering a separate bill, but the two champers haven’t been able to reach a compromise.

Several US states have banned or considered bans on all sweepstakes casinos as legal gambling spreads, but many are wondering if it is the right move. With problem gambling on the rise, are states taking away a possible solution?

The Mississippi Senate has officially rejected the House's sports betting bill, SB 2510. The changes would establish a regulated market and ban sweepstakes. The House and Senate will now head to a committee to consider the bill.

EDGE Markets has launched its new EDGE Boost banking platform to give gamblers a safer way to fund and better manage their gambling money strategy. The FDIC ensures the platform, giving bettors another safe option to fund their gambling.

The Massachusetts Securities Division (MSD) has issued a subpoena to Robinhood over the sports prediction market. The move comes as Secretary of the Commonwealth Bill Gavin opened an investigation into the controversial new offering soon after its March 17 launch.

A Nebraska Senate Committee passed LR 20CA earlier this week, which would allow residents a chance to vote on legalizing sports betting in November 2026. Before qualifying for the ballot, the bill must pass three Senate votes by a two-thirds majority.

The New York Senate Racing, Gaming, and Wagering Committee unanimously passed a bill banning sweepstakes gambling this week, setting up a Senate floor vote. The bill aims to subject the industry to the same regulations and taxes as the real-money gambling industry.

Robinhood has announced a new sports prediction market for the 2025 NCAA Tournament, thanks to a partnership with Kalshi and regulatory advice from the CFTC. The launch led to an 8% bump in Robinhood’s stock price despite the market's overall uncertainty.

New Responsible gaming initiatives will be tested as the AGA is projecting a record-setting $3.1 billion in wagers during the 2025 edition of March Madness. The tournament will give lawmakers a barometer to gauge these initiatives' effectiveness.