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Coinbase Sports Contracts Michigan Halt Starts Oct. 10
New sports event contracts stop for Michigan Coinbase customers at 12:00 a.m. Eastern Oct. 10, and open positions must be closed by then. Michigan, in return, stays its hand so long as Coinbase keeps to the terms and the 6th Circuit cases run. Whether Michigan gambling law reaches federally registered event contracts stays unresolved until…
Read MorePennsylvania Self-Exclusion Does Not Reach Kalshi
A Pennsylvania man, 35, enrolled on the state list, which does not cover Kalshi, piled up Kalshi losses above $25,000, NPR reported. Pennsylvania’s iGaming list binds licensed sites and offers terms of one year, five years or a lifetime that never expires. Kalshi and Polymarket offer voluntary opt-outs, and the shared SelfExclude.io list tops out…
Read MoreConnecticut Online Casino Tax Rises To 20% Starting Oct. 1
Connecticut taxes online casino gross gaming revenue at 20%, up from 18%, for October 2026 and every later month. State law counts five years from the first online casino license and sets no calendar date or end date for the new rate. At August’s $58.38 million in gross gaming revenue, two more points would have…
Read More6th Circuit Kalshi Ruling Lets Ohio, Tennessee Regulate
All three judges agreed Kalshi’s contracts on games fall outside the Commodity Exchange Act’s definition of a “swap.” Tennessee’s cease-and-desist order against Kalshi, frozen by a federal judge since January, can move forward once the ruling takes effect. Ohio’s proposed $5 million fine against Kalshi for unlicensed sports gaming is a separate action the ruling…
Read MoreMassachusetts Casino Tax Triples What Sportsbooks Pay
Massachusetts collected $29.1 million in casino taxes in August, more than three times the $9.4 million sportsbooks paid. Encore Boston Harbor and MGM Springfield pay a 25% tax on gaming revenue, while Plainridge Park Casino pays 49%. Mobile sportsbooks pay a 20% tax and retail sportsbooks pay 15%, both below the casinos’ rates. Sports wagering’s…
Read MorePennsylvania iGaming Revenue Tops Slots In August
Pennsylvania iGaming revenue rose 6.25% to $245.7 million in August, outearning the state’s $213.9 million in slot machine revenue. Retail table games fell 18.09% and sports wagering revenue fell 19.92%, pulling total statewide gaming revenue down 2.16%. Hollywood Casino at Penn National’s iGaming license generated $95.4 million, nearly 39% of the state’s online casino market.…
Read MoreMaine Sports Betting Tax Trails Casinos By Wide Margin
Maine’s two casinos generated nearly $16 million in gaming revenue during August, up 3.6% from a year earlier. Sports wagering operators processed $49.3 million in bets, more than triple the casinos’ combined revenue total. The casinos owed the state $6.8 million in taxes in August compared with $391,244 from sports wagering. Oxford Casino’s table games…
Read MoreCalifornia Tribes Call Failed CLARITY Act Vote A Win
California senators Alex Padilla and Adam Schiff both voted no as the Senate rejected CLARITY Act cloture 49-50 Tuesday. The vote fell 11 short of the 60 needed to advance the bill, which lacked the tribal sports-betting ban CNIGA sought. CNIGA Chairman James Siva called the result a victory but said the underlying problem remains…
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