state gambling laws
Coverage of state gambling laws in the Nexus archive.
- New York sues Kalshi over alleged illegal gambling operation
New York has filed a lawsuit against Kalshi, alleging it operates an illegal gambling operation. The case highlights a growing conflict between New York and the CFTC regarding the application of state gambling laws to federally regulated prediction markets.
- BBB warns sports bettors about unlicensed sportsbooks and online gambling scams
The Better Business Bureau (BBB) warns consumers about unlicensed sportsbooks and online gambling scams, citing nearly 200 scam reports and over 10,000 complaints from 2022 to mid-2025. Issues include fake websites, unclear terms, and difficulty retrieving funds, with red flags like cryptocurrency payment demands and overseas business locations.
- BBB warns sports bettors about unlicensed sportsbooks and online gambling scams
The Better Business Bureau (BBB) warns consumers about unlicensed sportsbooks and online gambling scams, citing nearly 200 scam reports and over 10,000 complaints from 2022 to mid-2025. Issues include fake websites, unclear terms, and difficulties reclaiming funds, with red flags like cryptocurrency payment demands and overseas business locations. The BBB advises verifying licenses, checking state gambling laws, and scrutinizing terms before betting.