14+ hour, 28+ min ago  (616+ words) The proposal would impose sportsbook-level taxes plus a surcharge and grant regulators broad enforcement powers despite previous court setbacks against Kalshi. New Jersey joined a growing list of states seeking to regulate prediction markets with new legislation. Sen. Nicholas Scutari…...

9+ mon, 4+ week ago  (534+ words) The operator has now left its fourth state since launching across the U. S. last September. Sports prediction market platform Novig revealed on Tuesday it has left New Jersey, according to Sportico. The operator notified its customers via email of its departure…...

10+ mon, 2+ day ago  (579+ words) The Garden State's online and retail sportsbooks generated $74. 8 million in revenue from a $664 million handle, but still produced an 11. 3% hold. Sports betting operators dominated bettors in July for the second consecutive month, but sportsbooks weren't able to surpass or match…...

10+ mon, 3+ week ago  (309+ words) Another day, another legal headline involving the prediction market operator Kalshi. " The prediction market company Kalshi filed a brief in the U. S. Court of Appeals for the Third Circuit on Thursday. In that brief, Kalshi argues that since it's federally regulated…...

11+ mon, 3+ week ago  (496+ words) New Jersey legislators are considering a bill that would incorporate gambling education into high school curriculums. Senate Bill 3666 would provide children and young adults with information on how to make educated choices and the dangers of developing a gambling addiction....