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North Carolina Legal Gambling Expansion Out of State Budget

September 19, 2023 | By: Heather Fletcher

North Carolinians now know where their elected leaders stand on legal gambling expansion. That’s because, on Sept. 19, the North Carolina General Assembly removed retail casino and video gaming terminal (VGT) proposals from the $30 billion budget bill. A final vote is expected on Sept. 21 or 22. The previous version of the budget bill […]

Michigan Regulator Proposes Ban on Sportsbook-Like Pick’em Fantasy Contests

August 14, 2023 | By: Chav Vasilev

The Michigan Gaming Control Board (MGCB) has proposed new daily fantasy sports (DFS) regulations to ban contests that too closely resemble sports bets. The new rules, which legislators would need to approve, will prohibit DFS operators from offering single-player DFS pick ’em contests and predictions similar to the proposition bets offered by sportsbooks. The changes […]

Senators Oppose Latest Political Futures Effort by Kalshi

August 14, 2023 | By: Robyn McNeil

A renewed effort by retail-focused futures provider Kalshi to offer markets on congressional elections currently before the Commodity Futures Trading Commission (CFTC) has attracted the scrutiny of watchdogs and lawmakers, including Senators Elizabeth Warren, Jeff Markley, and Dianne Feinstein. Kalshi is a regulated exchange that allows customers to trade on the outcome of events. Examples […]

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