North America

Connecticut Gov. Ned Lamont is making a legislative effort to shield younger residents from prediction markets.

Lamont has introduced House Bill 5038, a piece of legislation that would raise the minimum age requirement for event contract trading from 18 to 21. The legislation also proposes new advertising rules for prediction markets amid the growing popularity of event contracts, particularly sports, nationwide.

HB 5038 was immediately referred to Connecticut’s Joint Committee on General Law, which held a hearing on the bill with plans to further discuss the potential age increase.

Lamont’s bill excludes sports from prediction markets definition

HB 5038 defines prediction markets as “any system that allows consumers to open a speculative position on the outcome of future events, in a bid-ask format, regardless of the mechanisms or structures used for opening speculative positions on future events.”

The text of the bill specifically notes that the definition of prediction marke..

BetMGM came under fire from Massachusetts regulators after a report found the online sports betting and casino operator allegedly sent marketing materials to underage people in the state.

At a Massachusetts Gaming Commission (MGC) public meeting on Thursday, the commission also put BetMGM under the spotlight over what it alleged was improper delivery of promotional emails to certain populations for a period of more than a year.

BetMGM sends thousands of improper emails, says MGC

According to the MGC, between April 2024 and July 2025, BetMGM allegedly sent promotional emails regarding MLB, its mobile Ballpark app and the Boston Red Sox to 3,803 people under the age of 21, violating the state’s gaming rules. In the Bay State, sports betting is only legal for people aged 21 or older.

The operator also allegedly sent rounds of emails to 19 people on the state’s self-exclusion list and 25 players who were in a “cool off” period.

In addition, BetMGM admitted that it was unable to confir..

The latest responsible gambling proposal in New Jersey hinges on how gaming operators can encourage users to gamble.

Sen. Andrew Zwicker introduced Senate Bill 3401 on Monday, legislation that would ban licensed online casinos and sportsbooks from using mobile push notifications or text messages to solicit wagers or deposits. The bill specifically focuses on operators sending those kinds of alerts to users who do not currently have the app open or visible on screen.

New Jersey would be able to fine operators up to $500 per instance if they violated the prohibition.

The ban would apply to not only online sportsbooks and iCasino platforms but all gaming licensees in New Jersey, also including Atlantic City casinos and retail sportsbooks.

New Jersey legislators put RG front and center

The first state to legalize online sports betting post-PASPA and a core online casino jurisdiction, New Jersey has typically been one of the most proactive states in looking to add more responsible gamb..

Users of the two biggest online gambling operators in the U.S. will not be able to fund their betting activity with a credit card.

After DraftKings stopped accepting credit cards as a deposit method anywhere in the country last year, FanDuel is making the same change.

“Over the last few months, FanDuel has been evaluating the payment methods that we offer to customers and made the decision to remove credit cards as an option for our sportsbook, casino and racing product in the United States,” a FanDuel spokesperson told SBC Americas.

The spokesperson did not confirm a timeline for the phase-out, but messages to customers suggested it will take effect on March 2. Like DraftKings’ own change last year, the FanDuel ban does not impact its operations in Canada.

FanDuel follows in DraftKings’ footsteps

Last August, DraftKings announced it would no longer allow customers in the U.S. to deposit funds via credit card on its sportsbook and casino platform.

The company said at the time t..

The University of Tennessee is dealing with a gambling-related incident tied to one of America’s most popular prediction market platforms.

A member of Tennessee’s student broadcast team has been relieved of their duties over the use of Kalshi to trade sports event contracts during the 2025 college football season.

The university’s decision to part ways with the student worker marks an important milestone in the NCAA’s approach to gambling, as it involves event contract trading rather than standard sports betting. The NCAA’s gambling rules, which recently underwent a controversial evaluation, do not explicitly provide standards for event contracts but the organization has called for enhanced consumer protections for college-based contracts.

According to Knox News, the fired student worker at Tennessee used Kalshi to trade sports event contracts for the NFL, NBA and college football, including at least one trade on the university’s football team. The trades by the unidentified student..

NCAA student-athlete leaders have spoken out about prop betting, calling on NCAA President Charlie Baker to work to restrict or ban player-specific wagers on college athletes.

The Big Ten Conference Student-Athlete Issues Commission, the formal athlete leadership body of the oldest Division I conference in the U.S., sent a letter addressed to Baker on Tuesday to cite their concerns over the threat that they feel the growth of prop bets poses to student-athletes.

Members of the commission, which includes 22 athletes representing all 18 Big Ten schools, wrote that prop betting presents “unique risks” at the college level.

“These bets focus on individual and team actions and performances, leaving student-athletes directly at the center of gambling outcomes and exposed to potential backlash,” they wrote. “Limiting or eliminating prop betting on college athletes would be a meaningful step toward reducing harassment, protecting mental well-being and preserving the integrity of college co..