Utah prosecutors reportedly charged Kalshi’s founders over sports betting. The report says prosecutors allege that 12 wagers violated state gambling laws.
The charges put Kalshi’s sports-related activity under scrutiny under Utah gambling law.
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West Virginia recorded $922.1m in combined sports betting and iGaming wagers in August. The total increased by 16%, with each sector recording double-digit growth.
North Carolina recorded sports wagers exceeding $500m for a 12th consecutive month. Citing Spectrum News, it said treatment providers were receiving more sports betting enquiries. Advocates argued that the state’s mandated $2m annual allocation from digital sports betting taxes was insufficient for gambling addiction education and treatment.
North Carolina has recorded a 12th consecutive month in which more than $500m was wagered on sports bets, according to a report. The figure was reported by Spectrum News, which also said treatment providers are receiving more sports betting-related enquiries.
Delaware recorded $365.2m in combined sports betting and iGaming wagers in August. The total rose 21% compared with the same month a year earlier.
New Hampshire Lottery recorded sports betting stakes of $68.9m in July. The total increased by 45% compared with the same month a year earlier.
Reportedly, Combined sports betting and iGaming wagers in Rhode Island reached $177.5m in July. Wagering increased 24% compared with the same month a year earlier.