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Michael Savio

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Michael SavioBy: Michael Savio

How Will the New California Sweepstakes Ban Affect Sports Betting?

Governor Newsom signed a bill to ban sweepstakes games, which will force operators to exit California before January 1 or face legal action. No state lawmakers voted against the ban, which has been driven by support from the tribal gaming community.
Oct 16, 2025
Sports Betting
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Michael SavioBy: Michael Savio

FanDuel to Launch Prediction Markets By the End of 2025

Flutter confirmed that FanDuel Sportsbook will launch a new prediction market platform before the end of 2025, but has not confirmed if it will include sports. Once the markets go live, FanDuel will become the first major sportsbook to offer the controversial markets.
Oct 15, 2025
Sports Betting
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Michael SavioBy: Michael Savio

Maryland Study Shows Alarming Spike in Problem Gambling

A study into problem gambling in Maryland showed a large spike since 2022, with two of five residents showing signs of problem gambling or at-risk behavior. The Hispanic and black populations saw the highest rates of problem gambling.
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Michael SavioBy: Michael Savio

Pennsylvania Regulator Asks Congress to Act Against Prediction Markets

The Pennsylvania Gaming Control Board sent a letter to the state’s congressional representatives, requesting they take action against sports prediction markets. The move comes after the state joined several others in warning sportsbooks against offering the controversial markets.
Oct 11, 2025
Sports Betting
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Michael SavioBy: Michael Savio

NCAA Committee Approves Proposal to Amend Sports Betting Rules

An NCAA Division I Committee has approved a proposal to allow staff and athletes to wager on pro sports, sending it to Division II & III committees for review. If they vote to support the move, it will go into effect on November 1.
Oct 10, 2025
Sports Betting
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Michael SavioBy: Michael Savio

American Bettors Deserve Clarity on Sports Prediction Markets

The US has seen sports prediction markets take off over the last year, but the CFTC has refused to step in. That has led to questions around how it will regulate the industry, and how it will handle problem gambling.
Oct 10, 2025
Sports Betting
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Michael SavioBy: Michael Savio

New York Considering Bill to Stop Sportsbooks From Limiting Bettors

The New York Assembly is considering a ban on sportsbooks from setting limits on bettors who are on a winning streak. Operators insist this practice is critical for their success as well as their ability to offer competitive odds and promotions.
Oct 08, 2025
Sports Betting
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Michael SavioBy: Michael Savio

Underdog Gains Missouri Market Access With MLB Partnership

Underdog has announced a new partnership with the Kansas City Royals, allowing it to enter Missouri’s sports betting market ahead of the December 1 launch. The two sides already had an advertising partnership in place, which is now expanded to include sports betting.
Oct 02, 2025
Sports Betting
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Michael SavioBy: Michael Savio

CFTC Being Forced to End Silence Over Prediction Markets

The CFTC issued an advisory note warning prediction market operators that market limitations are likely to emerge, ending years of silence on the industry. However, the regulator's stance may change once a new leader is approved to take over.
Oct 02, 2025
Sports Betting
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Michael SavioBy: Michael Savio

Florida’s Gaming Compact Comes Back to Haunt US Sports Betting

Kalshi has adopted a legal argument used by the Seminole Tribe in Florida to fend off lawsuits from tribal groups across the US. It argues that online sports betting takes place where the server is located, not where the wager is placed.
Oct 01, 2025
Sports Betting

"Being in the world of sports betting has been a way of honoring my late grandfather. The old New Yorker relocated to Las Vegas when I was young, and passed his years of experience betting on sports to me. My pursuit of this profession was to honor his memory, and it has kept me connected to him long after he passed."

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