SBC Americas

BetMGM added to its recent regulatory penalties with a hefty fine levied by the Pennsylvania Gaming Control Board (PGCB) for violations from over two years ago.

On Wednesday, the PGCB announced an agreement with BetMGM to fine the operator $100,000 for a failure to “prevent fraudulent behavior.” The fraudulent behavior took place while players used both the BetMGM and Borgata online gaming brands in 2023 and 2024.

The illicit activity included the creation and use of multiple player accounts by people using the identify of other individuals. A portion of the player accounts was also funded “using stolen or fraudulently obtained payment devices.”

The PGCB’s Office of Enforcement Counsel investigation into BetMGM’s “insufficient” know-your-customer protocols discovered the operator hosted four individual fraud rings.

One of the fraud rings operated for 29 months until November 2023 and used 119 fraudulent accounts to wager $895,092.

The PGCB’s probe identified 304 illicit accounts t..

Colorado lawmakers, licensed sportsbooks, gaming regulators and more industry stakeholders spent four hours on Tuesday debating Senate Bill 26-131, a wide-ranging measure that aims to protect against “abusive practices” in sports betting.

Amid the lengthy debate in the Senate Finance Committee on March 17, including discussion of measures that attempt to limit sports betting advertising, one question featured prominently throughout the afternoon: Should Colorado try to ban prop betting?

Section five of SB 26-131 would explicitly prohibit any licensed online sports betting operator from offering wagers on “any outcome other than the final result or score”, regardless of whether they are placed before or during the game.

The Finance Committee ultimately passed SB 26-131 by a narrow 5-4 vote and was sent to the Appropriations Committee, but not before numerous lawmakers, as well as sportsbook representatives, expressed grave concerns.

Colorado sports betting has changed fundamentally,..

The Commodity Futures Trading Commission (CFTC) delivered the first piece of its promised new guidance on prediction markets on Thursday, and devoted a large chunk of its public notice to highlighting how sports event contracts could be cause for integrity concerns.

In an advisory issued by the CFTC’s Division of Market Oversight (DMO), the commission highlighted that one of the core principles that designated contract markets (DCMs) like Kalshi, Polymarket and Crypto.com must adhere to, Core Principle 3, is only listing contracts that “are not readily susceptible to manipulation.”

In particular, the federal derivatives regulator stressed that certain sports markets must be considered carefully as the explosion of sports event contracts continues across the U.S.

“As front-line regulators, DCMs should be proactive, ensuring proper surveillance and oversight of trading in all of the products that they list, accounting for the particular characteristics and attributes of each product,”..

A pair of House members from Utah and California are the latest lawmakers to make a legislative attempt to change how prediction market platforms can offer event contracts.

Reps. Blake Moore and Salud Carbajal introduced the Event Contract Enforcement Act, legislation that would require the Commodity Futures Trading Commission (CFTC) to prohibit the delivery of certain event contracts to the public. The measure proposes amending the Commodity Exchange Act to ban event contracts tied to terrorism, assassinations, war, gaming, elections and government activities.

Carbajal and Moore said they introduced the act to protect Americans from safety and national security risks associated with “problematic” event contracts and to prevent sensitive information from being used for insider trading.

“Under-regulated prediction markets are creating an environment ripe for insider trading. The monetization of military activities or election processes threatens our national security and further erod..

A group of leading daily fantasy sports (DFS) operators have launched a national self-exclusion program to encompass all 50 U.S. states and D.C.

PrizePicks, Underdog, Dabble and Splash Sports have an existing partnership with idPair through their membership of the Coalition for Fantasy Sports (CFS). SBC Americas reached out to the CFS and to Betr seeking clarity on why Betr, the fifth member of the coalition, is not included in this latest initiative.

The CFS members’ voluntary self-exclusion (VSE) program leverages idPair’s proprietary technology to provide a single, streamlined process for users to block themselves. idPair and the coalition first rolled out a VSE in Nebraska and New Mexico in 2024 and expanded it to 13 new states last year.

Now, it will span all 50 states. The operators said this marks the first time in history that a single, integrated self-exclusion mechanism will span the entire nation across multiple operators.

“By expanding this operator-led program to all ..

A group of bipartisan lawmakers is making a legislative effort to provide federal funding to support prevention, screening and treatment services for gambling addiction to the public.

Reps. Erin Houchin and Andrea Salinas have introduced House Bill 7875, a piece of legislation that aims to provide a pool of dedicated funding for people experiencing gambling-related harm and to support those who are at risk of problem gambling.

The Providing Opportunities for Individuals In Need of Treatment & Support (POINTS) Act aims to close a gap in addictive disorder treatment, as federal funding is allocated toward alcohol and drug addiction, but not gambling.

“As sports betting and online gambling continue to expand across the country, we have a responsibility to ensure people struggling with addiction are not left behind,” said Salinas.

“Gambling addiction can devastate individuals and families, yet too many communities still lack the resources needed to provide prevention, treatment, and re..

A piece of legislation that would overhaul the regulated gaming market in Massachusetts is moving forward after receiving a favorable vote by a state joint committee.

Senate Bill 302 was passed by the Joint Committee on Economic Development and Emerging Technologies on Monday by a 5-0 vote, resulting in the measure being referred to the Senate Ways and Means Committee for further consideration. The bill, sponsored by Sen. John Keenan, aims to implement new standards in Massachusetts that address economic, health and social harms related to the availability of sports wagering.

SB 302, coined as The Bettor Health Act, was first introduced last year but took its first major step forward on March 9, 2026.

It would make sweeping changes to gambling rules related to tax rates, prop and live bets, TV advertisements, responsible gambling funds and deposit limits. The piece of legislation is familiar to lawmakers as the bill was under consideration in the House and Senate in 2025 and carried..

On a busy day in the Virginia State Capitol in Richmond on Wednesday, Senate lawmakers gave final approval to a bill to ban the use of credit cards for sports betting.

A little more than a month after House Bill 515 passed the House by a 94-3 vote, senators unanimously approved it 40-0.

The bill would remove credit cards from the list of approved account funding methods for sports wagering operators who are licensed to do business by the Virginia Lottery Board. The Lottery already prohibits credit cards for lottery play.

The three no votes on the House floor are the only rejections the idea has faced in the legislature this year. It was approved unanimously by multiple committees in each of the House and the Senate over the last six weeks, as well as on the Senate floor on Wednesday.

The Senate-approved version has one small amendment, made in the Senate General Laws and Technology Committee two weeks ago, to add that sportsbooks must be held accountable in taking “reasonable mea..

Louisiana’s 2026 legislative session begins on March 9, and legislators are already lining up a queue of gambling bills to discuss once the state Senate and House convene in Baton Rouge.

From banning prop bets and in-play micro markets to banning sweepstakes and legalizing iLottery, here are some things on the docket.

Time to prohibit props?

Senate Bill 354, which was pre-filed by Sen. Katrina Jackson-Andrews and has been provisionally referred to the Committee on Judiciary B, would change Louisiana’s sports betting statutes to remove the term “proposition bets” from the list of authorized wagers. It defines a prop as “a side wager” on a part of a sport or athletic event that does not concern the final outcome of the event.

While the list of authorized sports wagering markets includes “in-game wagering” and “in-play bets” SB 354 would also establish a brand-new definition for a “sports micro-bet,” meaning a prop bet that is placed while a sports event is in progress and which conce..

FIFA is continuing to ensure the integrity of competition ahead of this year’s World Cup with the extension of a partnership with Sportradar.

On Monday, Sportradar announced that it has extended its integrity services agreement with FIFA for an additional five years. The newly-minted deal runs through 2031 and allows FIFA to leverage the monitoring and investigative services offered by Sportradar.

“The expansion of our integrity agreement with FIFA further strengthens the ability to identify, assess and respond to risks in an increasingly complex global picture,” said Sportradar Executive Vice President of Integrity Services Andreas Krannich. “It underlines both organization’s commitment to fair and clean sport at all levels globally.”

FIFA and Sportradar first teamed up in 2017 to ensure the integrity of soccer matches around the world. In 2026, Sportradar will continue to monitor betting activity for competitions hosted by FIFA and its 211 member associations. FIFA and Sportradar’..