Category: News
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Robinhood Launches NFL Sports Gambling, Calls It Investing
The stock and crypto gambling app Robinhood announced that it is now taking sports bets on NFL and NCAA football. On Aug. 19, 2025, Robinhood said it launched so-called “prediction markets” on pro and college football. The NFL and NCAA gambling is available through the Robinhood app. “Available through the Prediction Markets Hub, customers can…
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‘Seems Strange’ – Regulator Questions Bally Bet Self-Exclusion ‘Error’ Explanation
An online sportsbook in Massachusetts raised eyebrows with its explanation of an alleged violation of gambling rules. According to the Massachusetts Gaming Commission, Bally Bet Sportsbook sent a promotional email to a player enrolled in the state’s Voluntary Self-Exclusion Program (VSE). The sportsbook also sent five promotional emails to a different player who was actively…
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‘Completely Made Up Numbers’ – Offshore Gambling Estimate Stirs Pot
How much money do Americans lose with offshore online sportsbooks each year? It’s an unknown figure because these operators don’t share data. However, the legal sports betting industry leverages a black market estimate to lobby for more state-sanctioned betting. A new figure from an industry trade group shows disarray in the industry’s messaging. Offshore Sports…
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‘Home Run Parlays Print Money’ — FanDuel Sets Record Hold
FanDuel Sportsbook announced that it had its highest-ever monthly hold percentage in June. In its Q2 earnings report, the largest legal online gambling platform in the U.S. said that it had a gross revenue margin of 16.3% from sports bets during the month. It was the best ever month in terms of the sportsbook’s hold.…
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Mike Pence Group: Less Sports Gambling After Tax Change
Former VP Mike Pence wants a gambling tax change to remain so that there are fewer sports bettors in America.
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