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1 month ago | 
preprints.org | Daniel Li |Mohamed Hassan |Nuno Bimbo |Zhaomin Li
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Jan 20, 2025 | 
igaming.org | Daniel Li
Wes Moore, the governor of Maryland, has proposed a bold plan to raise the state’s sports betting tax rate from 15% to 30%. As a component of his larger budget proposal, this action aims to bring Maryland into line with its neighbors while increasing state revenue to fund a range of public initiatives. Aligning with Neighboring States According to Helene Grady, Maryland’s budget and management secretary, the state’s current tax rate lags behind those of nearby regions.
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Jan 19, 2025 | 
igaming.org | Daniel Li
Known as “digital gold,” Bitcoin is still becoming more and more popular in the United States. According to a new study by ChainPlay and Storible, more Americans are choosing Bitcoin as an investment option over conventional gold. 1,428 Americans participated in the study, which offers information on bitcoin adoption and its place in financial plans. The results show that 77% of respondents intend to expand their bitcoin holdings in 2025, while over 68% of respondents now possess cryptocurrency.
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Jan 17, 2025 | 
igaming.org | Daniel Li
Sports betting activity in the District of Columbia saw a strong performance in December, with the total handle approaching $66 million. Players enjoyed notable wins, taking home over $61 million in payouts during the month. The District has continued to expand its sports betting market since legalizing it in 2020.
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Jan 17, 2025 | 
igaming.org | Daniel Li
In Puerto Rico, FanDuel has formally opened its sportsbook, becoming the 24th state or territory to provide the service. In addition to a new retail sportsbook site in San Juan, where Cage Sports’ office is situated, this development follows a cooperation with Cage Puerto Rico II (Cage Sports). With the launch, Puerto Ricans who are at least eighteen years old can now sign up in person or place bets online.
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Jan 17, 2025 | 
igaming.org | Daniel Li
A Bitcoin-backed loan scheme has been announced by Coinbase, the biggest cryptocurrency exchange in the US based on trade volume. In keeping with Coinbase’s mission to advance financial services onchain, this new effort enables customers to borrow USDC without having to sell their Bitcoin holdings. New Loan Program Details In an announcement on X, Coinbase revealed the program’s rollout to US clients, excluding New York. Users can now borrow USDC by leveraging their Bitcoin as collateral.
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Jan 16, 2025 | 
igaming.org | Daniel Li
Maryland has stepped up its attempts to eradicate illegal gaming companies, focusing on offshore betting sites as well as sweepstakes games. Eleven unlawful operators received cease-and-desist letters from Maryland Lottery and Gaming, the state’s gaming regulator, in an effort to limit their access to locals.
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Jan 16, 2025 | 
igaming.org | Daniel Li
By signing a significant contract with Monumental Sports & Entertainment (MSE), PENN Entertainment has made it possible for its subsidiary, PENN Sports Interactive, to provide ESPN BET online market access in Washington, D.C. Both sides will benefit greatly from this collaboration, particularly as it makes ESPN BET the official sports betting partner of MSE’s teams, such as the Washington Wizards (NBA), Washington Capitals (NHL), and Washington Mystics (WNBA).
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Jan 16, 2025 | 
igaming.org | Daniel Li
According to a recent NCAA research, which examines the gambling habits of more than 20,000 student-athletes, education-based programs that encourage responsible sports betting have shown success. This latest study, part of ongoing research since 2004, provides valuable insights into how education is helping shift gambling behaviors among student-athletes. NCAA President Charlie Baker emphasized the importance of continued focus on education and harm prevention.
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Jan 16, 2025 | 
igaming.org | Daniel Li
By partnering with Aristocrat Interactive, the online real money gaming (RMG) branch of Aristocrat, Yggdrasil has made a big step in growing its presence in North America. Through this partnership, Aristocrat Interactive is given the only authority to distribute Yggdrasil’s content in Ontario and the United States. Through Ignite, its studio accelerator and remote gaming server (RGS) platform, Aristocrat Interactive intends to include Yggdrasil’s video games.
