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Michael Savio

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Michael SavioBy: Michael Savio

Georgia House Committee Holds First Meeting to Study Sports Betting

The House Study Committee on Gaming in the State of Georgia held its first meeting to explore the impacts of legalizing sports betting on Monday. The committee is required to submit its recommendations by December 1 for a House review.
Jul 31, 2025
Sports Betting
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Michael SavioBy: Michael Savio

White House Request Delays Vote on CFTC Nominee Quintenz

The White House has requested that a Senate committee delay a vote on its CFTC nominee as concerns over his ties to Kalshi continue to grow. While President Trump still publicly supports the nomination, they have not confirmed how they will proceed.
Jul 30, 2025
Sports Betting
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Michael SavioBy: Michael Savio

MLB Places Closer Clase on Leave Amid Gambling Investigation

The MLB has placed Cleveland Guardians closer Emmanuel Clase on paid leave amid an investigation into unusual betting patterns involving some of his stats. It is the second gambling investigation into a Guardians pitcher this month.
Jul 30, 2025
Sports Betting
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Michael SavioBy: Michael Savio

New Jersey Assembly Bill Would Ban Micro Betting on Sports

The New Jersey Assembly is considering a bill that would place a ban on micro-betting on sports, which allows bettors to wager on small moments of a game. The bill is meant to slow down the betting process and reduce problem gambling.
Jul 29, 2025
Sports Betting
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Michael SavioBy: Michael Savio

FIFA Announces Ticket Application Period for 2026 World Cup

FIFA has announced that it will begin accepting 2026 World Cup ticket applications on September 10. Winners will be randomly drawn, with tickets being awarded in phases. The governing body has not confirmed if its new dynamic pricing model will be used.
Jul 26, 2025
World Cup 2026
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Michael SavioBy: Michael Savio

Three California Tribes File Lawsuit Against Kalshi, Robinhood

A group of California tribes has filed a lawsuit against Kalshi and Robinhood, alleging that their sports prediction markets violate state and federal gambling laws. The tribes are requesting the court block them from operating in California.
Jul 26, 2025
Sports Betting
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Michael SavioBy: Michael Savio

Key Problem Gambling Resource May Disappear By End of Summer

A battle over the 1-800-GAMBLER trademark is unfolding in a New Jersey court, raising concerns that the crucial problem gambling resource could go offline. A restraining order has kept it active, but it is set to expire when the football season begins.
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Michael SavioBy: Michael Savio

Senate Committee to Vote on CFTC Nominee Before August Recess

The Senate Agriculture Committee confirmed it will convene before its August recess to vote on CFTC chair nominee Brian Quintez. The vote on the nomination was set for earlier this week, but had to be postponed due to the absence of one member.
Jul 24, 2025
Sports Betting
Image courtesy of Pi.1415926535, CC BY-SA 3.0, via Wikimedia Commons
Michael SavioBy: Michael Savio

California AG Promises to Force Out DFS Operators Soon

California Attorney General Rob Bonta told local media that he plans to force out daily fantasy sports operators. The announcement comes two weeks after he released an opinion on the industry’s legality, finding it violates state gambling laws.
Jul 24, 2025
Sports Betting
Photo by forextime.com, CC BY 2.0
Michael SavioBy: Michael Savio

Concern Over Problem Gambling from Prediction Markets Grows

Responsible gaming advocates are sounding amid layoffs at the CFTC. The regulator is currently has sole authority over controversial sports prediction markets, which some fear will lead to a massive spike in problem gambling over the next year.

"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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