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After weeks of contemplation, the Ohio Casino Control Commission (OCCC) has officially announced its intention to ban the use of credit cards for sports betting in the state.

The OCCC sent a notice on Tuesday to confirm that it has formally proposed an amendment to state law to remove credit cards as a permissible funding method. It first revealed in May that it was considering the rule change, which must then be submitted to and ratified by each of the Common Sense Initiative and the Joint Committee on Agency Rule Review in order to go into effect.

The regulator has opened up a comment period until Friday, July 17, for operators and other stakeholders to have their say on the idea. The OCCC will then hold a public hearing on a yet-to-be-announced date. The OCCC’s next two public meetings are scheduled for July 15 and Aug. 19.

Many Ohio sportsbooks already scrapped credit cards

The Ohio regulator does not seem likely to meet much opposition from its licensed online sportsbooks, giv..

Monday’s federal indictment of former NBA player Malik Beasley is drawing new gambling concerns for a pro sports league that made history by embracing sports betting before its counterparts.

In 2014, NBA commissioner Adam Silver voiced support for the legalization of sports betting in an op-ed for the New York Times, four years before the overturning of PASPA. The decision allowed the NBA to become the first U.S. pro league to sign a gambling partnership deal.

Since then, the proliferation of online sports betting has reached through America, with the NBA benefiting from its popularity but also dealing with its consequences.

The growth of sports betting has allowed gambling scandals to come to light, with Beasley being the latest brush the NBA has had with a criminal probe into alleged illicit betting.

Details of Beasley’s alleged illicit NBA betting activity

According to court documents filed in the U.S. District Court for the Eastern District of New York, Beasley informed co-co..

Polymarket is facing a new lawsuit over allegations of deceptive marketing practices

That is according to a report from the Wall Street Journal detailing the alleged illicit activity. According to documents filed in the Superior Court of the District of Columbia, Polymarket is being sued by the National Association of Consumer Advocates (NACA) for allegedly deploying a “pattern of flagrantly deceptive and unfair marketing” to mislead American consumers to risk their money to “place bets” on Polymarket platforms.

In addition to deceptive marketing of the Polymarket platforms, the NACA is accusing the prediction market of deceptive failure to disclose material connection and unfair promotion of the Polymarket platforms to college-aged Americans.

The association cites the District of Columbia Consumer Protection Procedures Act (CPPA), alleging that Polymarket’s marketing practices violate the statute.

The suit also names Polymarket CEO Shayne Coplan and Chief Marketing Officer Matthew..

Integrity concerns surrounding NCAA prop bets were discussed during a business meeting Thursday between the NCAA and the Indiana Gaming Commission (IGC).

The meeting ended with stagnation on implementing an NCAA prop ban in Indiana, with IGC commissioners unanimously deciding to table an NCAA request. The tabled request allows the IGC to collect data and evaluate the impacts of a potential ban.

During the business meeting, IGC commissioners met with key stakeholders from the NCAA to discuss a potential ban on college prop bets offered by licensed sports betting operators across the Hoosier State.

Why does the NCAA want a prop ban?

The NCAA submitted a request to the IGC for a ban on all college prop betting markets, leading to Thursday’s meeting on the matter.

The college sports organization wants to prohibit bettors from wagering on NCAA prop markets amid a slew of gambling-related scandals impacting the most popular U.S. sports.

The Indianapolis-based sports body wants to prote..

Florida’s Attorney General says the state has sent cease-and-desist letters to several major payment companies to warn that they are violating state laws by providing services to unauthorized gambling operators.

James Uthmeier announced the move in a press conference on June 10, during which he detailed authorities’ collaborative effort to shut down unlicensed gambling sites. In a Florida AG’s office press release, he cautioned that payment processors’ facilitation of illegal online gaming may implicate the state Racketeer Influenced and Corrupt Organizations Act (RICO Act).

Uthmeier wrote on X that Florida has targeted multiple renowned payment companies, including:

American Express

Mastercard

Visa

“Payment processors such as Visa, Mastercard, and American Express undermine Florida law by facilitating transactions for foreign-owned illegal online gaming,” added Florida’s AG in a post on June 10. “Today, they’re receiving a cease and desist. My office will take appropriate legal..

Michael Selig’s Commodity Futures Trading Commission (CFTC) officially published its proposed prediction markets rules on Wednesday after months of review and thousands of public comments.

The 267-page document outlines how the federal regulator intends to approach event contract trading across the U.S. and reiterates the agency’s stance that prediction markets broadly fall under its purview as ‘swaps’ under the Commodity Exchange Act (CEA).

“The CFTC will protect the integrity of our regulated markets without standing in the way of responsible innovation,” said Selig in a CFTC press release. “This proposal gives the Commission a durable, transparent framework to identify the contracts Congress directed us to scrutinize while letting legitimate markets move forward.”

The proposed rules, which are subject to a final period of review before they could be formally implemented, cover a lot of ground.

Unsurprisingly, sports are a major focus of the public interest determinations. Sports..

A state representative in Pennsylvania says he will soon file a bill that would restrict anyone on school property from accessing licensed online gambling apps.

Republican Rep. Jason Ortitay announced on Tuesday that he has authored the legislation with the intent of trying to shield students from online sports betting and casino gaming. He has not officially filed the bill as of the time of writing, but intends to do so in the near future.

The legislation would require licensed online sportsbooks and casinos to use what the lawmaker called “geospatial technologies” to prevent players from accessing the apps or sites while physically located on school property, including:

Classrooms

Other buildings

Exterior school grounds

“Pennsylvania has authorized interactive gaming and sports wagering under a licensed and regulated framework,” Ortitay wrote. “That framework was built for adults making lawful choices. It was never intended to reach into our classrooms. Yet the reality today is..

Two lawmakers in Pennsylvania are taking note of recent legislative efforts to bolster consumer protections for gambling in Colorado by introducing similar legislation of their own.

Reps. Tarik Khan and Jamie Flick announced on Wednesday plans to introduce three separate bills that are geared toward addressing problem gambling in the Keystone State.

“As a nurse practitioner, I believe we should address problem gambling the same way we address other public health challenges: with prevention, education, treatment, and commonsense safeguards,” said Khan. “Our bipartisan bill package will help protect young people, individuals, and families while supporting responsible gaming.”

The measures to be introduced by Khan and Flick each plays a different role in implementing new consumer protection standards for Pennsylvania’s gaming market.

The three bills the lawmakers will introduce include:

The Pennsylvania Online Consumer Protection Act: a measure that aims to impose limits on the numbe..