Articles by Michael Savio

Photo by J. Crocker, Attribution, via Wikimedia Commons
Michael SavioBy: Michael Savio

Illinois Considering Bill to Better Address Problem Gambling

The Illinois House is reviewing SB0118, which would add gambling addiction to the Substance Use Disorder Act, unlocking tools to fight the rising problem. The Senate unanimously passed the bill, giving proponents hope that it will soon become law.
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Michael SavioBy: Michael Savio

Hawaii Sports Betting Bill Overcomes Odds to Pass Senate Vote

Lawmakers in Hawaii’s Senate have surprised many by passing sports betting bill HB1308, which would legalize and set up a framework for the industry. The House must approve changes before the bill is sent to the Governor.
04/11/2025
Sports Betting
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Michael SavioBy: Michael Savio

Can the US Sports Betting Industry Survive A Recession?

A trade war has led to massive tariffs enacted worldwide, threatening to send the US into a recession and test the thriving sports betting industry. While online operators have been able to weather the storm so far, retail sportsbooks are already seeing massive losses.
04/07/2025
Sports Betting
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Michael SavioBy: Michael Savio

California Sports Betting Remains a Longshot Despite Progress

Tribal leaders in the Golden State are attempting to restart negotiations over sports betting with a new proposal for a regulated market run by them. The proposal comes as sports prediction markets grow in popularity, giving bettors another way to wager on sports.
04/06/2025
Sports Betting
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Michael SavioBy: Michael Savio

Michigan Regulator Investigating Sports Prediction Markets

The Michigan Gaming Control Board (MGCB) has confirmed reports that they have opened an investigation into sports prediction markets operated by Kalshi and Robinhood. The sports betting regulator has not taken any action against the operators as of yet.
04/05/2025
Sports Betting
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Michael SavioBy: Michael Savio

Hawaii Online Sports Betting Bill Passes Key Hurdle in Senate

Hawaii’s Senate Ways and Means Committee passed online sports betting bill HB 1308 by a vote of 11-2, setting it up for a vote on the Senate Floor. While the bill passed by a wide margin, four lawmakers expressed reservations over their support.
04/05/2025
Sports Betting
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Michael SavioBy: Michael Savio

City of Baltimore Files Lawsuit Against FanDuel and DraftKings

The Baltimore City Law Department has filed a lawsuit against FanDuel and DraftKings for deceptive marketing tactics. The department accuses them of fueling the rise in problem gambling and violating the city’s Consumer Protection Order, allowing it to take legal action.
04/04/2025
Sports Betting
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Michael SavioBy: Michael Savio

Kalshi Setting Up Showdown With States Over Prediction Markets

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.
04/02/2025
Sports Betting
Photo by Oklahoma Legislative Services Bureau, CC0, via Wikimedia Commons
Michael SavioBy: Michael Savio

Oklahoma Sports Betting Bill Passes House Vote Despite Veto Threat

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.
03/28/2025
Sports Betting
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Michael SavioBy: Michael Savio

Are States Making a Mistake By Pushing Out Sweepstakes Operators

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?