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Florida Bill Cracks Down on Online Casino SitesFlorida’s House Bill 591, introduced by Rep. Berny Jacques this week, is a comprehensive 86-page legislation intended to criminalize online casino gambling, particularly sweepstakes casinos, by defining it as any Internet-based game awarding money or other valuables through chance.The bill specifically targets games simulating casino-style gaming, such as slots, video poker, and table games, making their operation a third-degree felony.Notably, it exempts activities conducted under the Seminole Tribe of Florida’s compact, reinforcing their exclusive gambling rights in the state.State of PlayThe Social Gaming Leadership Alliance (SGLA) has publicly opposed Florida’s HB 591, a bill aiming to restrict online gambling and sweepstakes.This development highlights ongoing tensions in regulating digital gaming activities while protecting exclusive tribal rights, a key concern for players and operators alike.Legislation Could Impact Online Casinos as Well as SweepsThe legislation also imposes restrictions on gambling advertisements, forbids local governments from regulating gambling, and sets severe penalties, including first-degree felonies with fines up to $500,000 for trafficking slot machines.The SLGA, represented by Executive Director Jeff Duncan, counters the bill by distinguishing lawful sweepstakes operations from illegal offshore gambling. They emphasize that their members comply fully with Florida’s laws concerning sweepstakes, consumer protection, and financial transactions, advocating for continued regulation that ensures safe and legitimate social gaming entertainment.The bill could also keep online casinos from being legalized in the state, unless, of course, the Seminoles operate them.The bill’s enforcement could push players toward less regulated spaces or tribal gaming venues, impacting market dynamics and player access.Based on reporting by Rachael Davies for Readwrite.

Missouri Sports Betting Officially Goes LiveLegal sports betting opened its door officially in Missouri yesterday and according to GeoComply data, the early results of people that signed on for regulated platforms has been robust.The Missouri regulated market went live just after midnight on Dec. 1. Eight operators are licensed in the “Show Me” state – BetMGM, theScore Bet, Fanatics, FanDuel, DraftKings, Caesars, Bet365, and Circa Sports.Early Activity and Geolocation DataAccording to GeoComply, Missouri online sportsbook customers recorded more than 2.6 million geolocation checks statewide in the first 24 hours.Vancouver-based GeoComply Solutions Inc., has clients around the globe, providing fraud prevention and cybersecurity solutions that detect location fraud and geolocation solutions that help verify a user’s true digital identity.Account Registrations and Market EngagementMore than 250,000 sports betting accounts were active on Dec. 1, while nearly 188,000 pre-registered accounts were created leading up to launch (Nov. 17-30).“Missouri has shown for years that it’s one of the most eager states in the country for legal sports betting,” said Kip Levin, GeoComply CEO. “What we’ve seen in the first 24 hours is remarkable. Tens of thousands of Missourians immediately joined safe, regulated platforms the moment they became legal. It’s a powerful reminder of how quickly consumers embrace a well-regulated market when the option finally exists.”Further Analysis to FollowGeoComply added they will release a more in-depth analysis of how the market is performing after the Kansas City Chiefs’ prime time NFL game Dec. 7.

Partnership OverviewCNBC and Kalshi today announced a multi-year, exclusive partnership to incorporate real-time prediction data into CNBC's editorial coverage across its TV, digital, and subscription channels. This collaboration is an industry first, bringing exclusive prediction insights to a global financial newsroom. It marks a significant step in providing people with market-driven insights about the most important economic, political, and financial questions facing the world.About Kalshi and Prediction MarketsKalshi is the world's largest prediction market, having created and established the entire prediction market category. Users can trade on real-world events to predict the outcomes of events that have real-time market impact, such as elections, economic indicators, cultural moments, and more. Kalshi has become the definitive source for staying informed about the future and is used by reporters, politicians, pundits, Wall Street, and Main Street.How CNBC Will Use Kalshi DataStarting in 2026, CNBC will incorporate exclusive Kalshi predictions market data into its programs, including Squawk Box and Fast Money, offering viewers a unique perspective on how event forecasts and probabilities are shifting in real time. A Kalshi ticker will run alongside segments of CNBC's on-air programming. Kalshi will also launch a CNBC page on its site, featuring CNBC-selected markets.Executive Commentary"Prediction markets are rapidly shaping how investors and business leaders think about important events," said KC Sullivan, President of CNBC. "Kalshi's data will serve as a powerful complement to CNBC's reporting and help people stay better informed about the world around them.""The world of finance depends on real-world outcomes; Kalshi predicts those outcomes," said Tarek Mansour, CEO of Kalshi. "Together with CNBC, we'll bring accurate, market-driven predictions to financial reporting. It's the next evolution: moving from data about what's happening now, to real-time forecasts about what's happening next."About KalshiFounded in 2018, Kalshi is the world's largest prediction market. Prediction markets provide accurate, real-time information on the likelihood of events, making humanity more informed about the future. Kalshi is credited with legalizing and establishing prediction markets as a financial asset class. It's the leading safe and regulated platform trusted by millions of people in America.About CNBCCNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by nearly half a billion people per month across all platforms. The network's 14 live hours a day of business programming in North America (weekdays from 5:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.CNBC also offers content through its vast portfolio of digital offerings, including its main website and CNBC Make It, as well as subscription products such as CNBC+, CNBC PRO, and the CNBC Investing Club with Jim Cramer. CNBC content is also available via mobile apps for iOS and Android devices and Amazon, Google, and Apple voice interfaces.Media ContactsMedia contacts for this announcement include representatives from both CNBC and Kalshi.

Fanatics Markets Goes Live in 10 StatesFanatics Markets, that company’s prediction markets platform, went live in 10 states on Wednesday, beating rivals DraftKings and FanDuel to event contracts punch in the process.The debut of Fanatics Markets arrives about two weeks after the athletic apparel and sports wagering giant said it was partnering with Crypto.com — one of the first companies to offer sports event contracts — to roll out an event contracts platform in select states. The mobile application debuted today in Alaska, Delaware, Hawaii, Idaho, Maine, New Hampshire, North Dakota, Rhode Island, South Dakota, and Utah.Fanatics Markets is uniquely positioned to bring prediction markets to the mainstream and will launch in two phases, according to the company. Phase One is live with event contracts for sports, finance, economics and politics. Phase Two, launching early next year, will expand into crypto, stocks and IPOs, climate, pop culture, tech and AI, movies and music.Privately held Fanatics has been climbing the ranks in the US online sports wagering space, indicating it could be a formidable player in the sports event contracts space.Expansion to California, Texas and BeyondAs noted above, Fanatics Markets launched today in 10 states, but that number will soon grow to 24, including expansion into California and Texas. That’s noteworthy not only because those are the two most populous states, but also because neither permits sports wagering.Beyond California and Texas, Fanatics Markets will go live in Alabama, Florida, Georgia, Minnesota, Mississippi, Nebraska, New Mexico, Oklahoma, Oregon, South Carolina, Washington, and Wisconsin. That group is a mix of sports betting monopolies, states where Native American tribes control gaming expansion, and states that don’t currently allow sports betting.It’s possible that Fanatics Markets will encounter legal challenges, as have other prediction market operators, in various states, particularly those with prominent tribal gaming operations. There are other regulatory issues to consider, too.Regulators in multiple states have warned licensed sportsbooks that if they venture into event contracts, even if those states are avoided, they could jeopardize their permits in those jurisdictions.Beating DraftKings and FanDuel to US Prediction MarketsIn what could be a feather in the company’s cap, Fanatics beat sports wagering competitors DraftKings and FanDuel to the US prediction markets punch. FanDuel Predicts, a standalone mobile app, is expected to launch at some point this month, while a comparable DraftKings offering is due out in the coming months.The Fanatics Markets app is now available on iOS and Android and allows users to trade contracts across sports, finance, economics, and politics, from whether a team will score more than 20 points to if the Federal Reserve will decrease interest rates, according to the statement.In what’s likely just a coincidence, Fanatics Markets launched a day after Kalshi, the top prediction market by volume, landed $1 billion in financing and a deal with CNN.

Bet365 Promo Spending Soars in Reach for US Market SharePosted on: December 5, 2025, 02:06h.Last updated on: December 5, 2025, 02:21h.Bet365’s sports betting promotional spending is soaring while rivals pull back.Company’s promo spending as percentage of GGR is highest in the US.Operator is attempting to gain market share in this country.At a time when rivals are reining in online sports betting promotional spending, Bet365 is going a different direction, spending big in an effort to capture more market share in the US.In a new report, Eilers & Krejcik Gaming (EKG) points out that promotional spending among US internet sportsbook operators, including market leaders FanDuel and DraftKings, has been flat or declining since the start of 2024. However, UK-based Bet365 is taking a different approach, accelerating its promo expenditures in a bid to grab share.The red line in the above chart indicates Bet365’s promotional expenditures for the three months ending October approached 85% of gross gaming revenue (GGR) — by far the highest percentage among sportsbook companies doing business in the US.Bet365 Spending Extending to MissouriEarlier this week, Missouri became the 39th state to go live with legal sports betting, and it appears Bet365’s spending trends are extending to its launch in the Midwest state.“Early search data from Missouri suggests more of the same, with Bet365 behind only FanDuel and Draftkings in search interest on day one of the market on December 1st,” notes EKG.Promotional spending is, arguably, the elephant in the regulated sports betting room because operators need to spend to acquire and retain customers. But that often comes at the expense of attaining profitability. Over the past several years, most operators have dialed back on customer enticements as the investment community has demanded a greater emphasis on profitability.On that note, Bet365 has a luxury in that its a private company. Its biggest shareholder is CEO Denise Coates and her family. Said another way, if the operator wants to spend big to acquire customers in the US, it doesn’t have to justify those expenditures to analysts and investors.Why Bet365 is Spending Big in the USBet365 hasn’t publicly commented on why it’s outspending rivals in the US, and as noted above, the reason may be as simple as the desire to attract and retain customers.There may be other motivations, as well. Speculation surfaced earlier this year that Bet365 is working with investment bankers on a variety of options that could value the gaming company at as much as $12 billion. Rumors indicate those options could include a US initial public offering (IPO) or a full or partial sale to a US-based private equity firm.If either scenario were to come to fruition, Bet365 would likely be more attractive to a domestic suitor and US investors if it can prove its market share in this country is trending to the upside. That said, it’s been more than six months since talk of a transaction has surfaced.

Cowboys vs Lions Game OverviewThe Dallas Cowboys (6-5-1) and Detroit Lions (7-5) open NFL Week 14 tonight on Thursday Night Football. Kickoff is set for in 8:15 p.m. ET from Ford Field in Detroit, Mich. The game will broadcast live on Amazon Prime Video.The Lions are favored by 3.5 points on the spread (Lions -3.5; +100), with the over/under set at 55.5 (-105o / -115u). The Lions are -175 moneyline favorites; the Cowboys are +145 underdogs.Let's get into Cowboys vs Lions predictions for Thursday Night Football, which includes picks for the over/under and two props.Cowboys vs Lions Predictions and PicksCowboys vs Lions pick: Under 55.5 (-110).The best bet is on the total under 55.5.Cowboys vs Lions OddsCowboys OddsSpreadTotalMoneyline+3.5 -12055.5 -105o / -115u+145Lions OddsSpreadTotalMoneyline-3.5 +10055.5 -105o / -115u-175Odds are via a major sportsbook, with up-to-the-minute NFL odds available on their main odds page.Thursday Night Football Preview and PredictionWhen the Cowboys Have the BallThe Cowboys offense continues to play at a high level and helped lead them to a 31-28 win over the Chiefs in a must-win game on Thanksgiving. It was the second straight game in which Dak Prescott threw for 300+ yards as he is taking advantage of having the best wide receiver duo in the NFL right now with CeeDee Lamb and George Pickens.The Lions secondary would have seen a huge boost if free safety Kerby Joseph were able to return from his knee injury, which has kept him sidelined since Week 6. He practiced Monday, but he has already been ruled out for tonight’s game, meaning his next possible chance to return is Week 15.Brian Branch (toe) is listed questionable with a toe injury that he has played through for a few weeks now. He should be expected to play, but if he is ruled out, that would be a massive injury that would likely move the spread down to Cowboys +2.5, and the total could go up 0.5-1 points.The Cowboys' run game has been solid this year — with Javonte Williams being a pleasant surprise — but they have desperately needed a backup to step up after Miles Sanders’ season-ending toe injury, and with rookie Jaydon Blue being a healthy scratch most weeks.Malik Davis stepped up in a big way (3/47/1) against the Chiefs. The Cowboys might consider giving him a bit more work going forward to keep Williams fresh and possibly boost efficiency even more.However, this is a tougher matchup against the Lions’ run defense, led by linebacker Jack Campbell, which ranks seventh in DVOA against the run.The expectation is that the Cowboys will lean pass-heavy in this matchup, and left tackle Tyler Guyton is out again for this game, meaning Nate Carter will fill in again.Carter has struggled mightily, allowing pressure on Prescott's blindside, and he was also a liability in the run game last week. There could be a few plays tonight where having a backup left tackle slows the Cowboys offense on key snaps.Referee Shawn Hochuli’s tendencies could also be a factor in slowing down the Cowboys at key times.When the Lions Have the BallThe Lions’ offensive line has been a serious concern over the last few weeks. They have struggled to protect Jared Goff, who was under pressure on 47% of his dropbacks last week, the third-highest rate in Week 13.It was against the Packers’ pass rush, but the Lions' line has also dealt with injuries, with left guard Christian Mahogany on injured reserve, and Taylor Decker, Kayode Awosika, Graham Glasgow and Penei Sewell all questionable tonight. Everyone could suit up, but if one or two of them are ruled out, especially Sewell, that would be a massive blow.Frank Ragnow was reportedly attempting to return from retirement, but he failed his physical because of a grade-3 hamstring tear. It was notable that he thought he could return that quickly while dealing with an injury that clearly needed immediate medical attention.Regardless, the line could be an issue again tonight against a Cowboys defense that has been much improved since adding Quinnen Williams before the trade deadline.The Cowboys have also upgraded at linebacker, adding Logan Wilson from the Bengals and getting DeMarvion Overshown back from injury. Kenneth Murray Jr. had been struggling this season, so getting much-needed upgrades at linebacker has helped the Cowboys defense.The Lions’ skill positions are also dealing with uncertainties.Amon-Ra St. Brown is listed as questionable with a low ankle sprain that knocked him out early in the Thanksgiving game. He has not practiced yet this week, and the team is waiting as long as possible to rule him out.If this were a Sunday game, that would increase his likelihood to return and play, but on a short week, his status is much tougher to project. He could be closer to doubtful.Sam LaPorta remains on injured reserve. Backup tight end Brock Wright and third wide receiver and punt returner Kalif Raymond are also out again.The Lions could be missing a significant number of key offensive players and the current version of the Cowboys defense is much better than their season-long metrics would indicate.Cowboys vs Lions Best Bet: Total Under 55.5A previous bet on the first-half under 27.5 for the Cowboys-Chiefs game did not hit last week, but nearly everything went wrong for the first quarter and a half, and it still almost stayed under before a long 43-yard touchdown run with three minutes left in the half sealed it. If the Cowboys had not scored that touchdown and settled for a field goal, it would have stayed under 27.5.The sun-related angle at AT&T Stadium factored in a couple times — most notably on a potential big play that George Pickens missed and clearly blamed on the sun being in his eyes. That helped slow down each offense at times. Even if a few key factors work in favor of an under, it does not guarantee a game will actually stay under the total.Both teams played in games that went over in record-setting national TV games on Thanksgiving, including the Chiefs-Cowboys game, which was the most-watched regular-season NFL game ever. The market is expecting a ton of points; the projection also expects plenty of scoring.The total has reached 54.5, nearly the highest number seen these days. The projection for the total is closer to 53, which shows slight value on the under, but many of the key factors laid out above could help this game sneak under the total.The officiating crew could play a sneaky part. This game will be officiated by Shawn Hochuli, who is the most profitable under referee since 2021, with the under hitting at a 46-28 (61%) clip in his games for a significant positive return.Not every trend is treated like gospel — many trends scream louder than their sample size deserves, and most are waiting to regress back toward the average. That said, the 2025 result of 7-5 to the under (58%) still qualifies as a strong signal.Hochuli's crew has consistently called false starts at a top-five rate nearly every season. This year, they are doing it more than ever, currently averaging 3.3 per game.The Cowboys, especially in road games with crowd noise, are often the team most impacted by that particular penalty. The Lions' offensive line has been excellent at limiting false starts, but if one or two of their starters are ruled out tonight, it could disrupt their cadence enough for Hochuli’s crew, which has been strict enforcing pre-snap penalties, to call a few more than usual.The same idea applies to offensive holding calls, another drive-killing penalty, where Hochuli’s games have generally been above average in holding call rates. The Cowboys have committed offensive holding at the fourth-highest rate this year. If Detroit is down a couple offensive line starters, it could create more holding and pre-snap issues than usual.A couple of extra false start or holding calls do not guarantee the game stays under 54.5, but historically, those are the flags worth monitoring and those are the kinds of small cracks that could slow things down just enough to give the under a shot considering that Hochuli games have gone under at a high rate over the last few years.The Cowboys' and Lions' red-zone touchdown percentage allowed both rank bottom six on the season. Red-zone touchdown percentage tends to bounce around and often regresses toward the league average over time, so either defense allowing fewer red-zone touchdowns than their current rate is likely going forward.The total might still soar over 54.5, but there are enough small factors that could tighten things just a bit. If a bettor is holding an over 54.5 ticket, nearly everything needs to go perfectly.The market is likely going to continue to bet heavily on the over, so this is a game where it can make sense to wait and see if it gets bet up to 55-55.5, as there are not many key numbers in this range and 55 is one of them.Pick: Under 55.5.Cowboys vs Lions Player PropsJavonte Williams Under 16.5 Rush Attempts (-121)Williams has been a pleasant surprise for the Cowboys this season, handling a massive workload for most of the year without a true backup the team could trust.Last week, Malik Davis posted a solid 3/47/1 line, which makes it possible Dallas uses him more on early downs to keep Williams fresh. This is also a matchup against a pass-funnel Lions defense; the expectation is that the Cowboys will lean on their pass game more, especially with Prescott, Pickens and Lamb all playing at a high level.Dallas also likes mixing in non-running backs for an occasional rush, so players like Lamb, Hunter Luepke and KaVontae Turpin could quietly chip away at Williams' chances. Turpin had three designed rushes last week, and the team has been dialing up more work for him in the run game in general, which adds another path to lost volume for Williams.With Turpin and Davis possibly eating into the early down share opportunities, plus the likelihood of more pass-leaning play calls, Williams is projected closer to 15.7 rushing attempts, with about a 60% chance to stay under 16.5.Every rush attempt in these markets matters a great deal, and Hochuli's staff potentially calling more false starts and holding penalties could negatively impact Williams as well.The most likely outcome is 15 rushing attempts about 10% of the time. Getting under 16.5 before this drops to 15.5 is considered a key edge. At 15.5, it would be closer to a coin flip.Amik Robertson Over 3.5 Tackles + Assists (-131)Amik Robertson has cleared 3.5 tackles plus assists in three games this season, but he was not a full-time player until Week 5. Since becoming a regular, he has only had one plus matchup, Week 6 against the Bengals, where he logged six tackles.Robertson's schedule since then has been difficult for a cornerback, but he gets a strong spot tonight against the Cowboys, who have supplied, by far, the most tackle opportunities for opposing corners, which makes sense given how much volume funnels through Pickens and Lamb.The Lions use man coverage at the second-highest rate in the league and Robertson is expected to have plenty of tackle chances on Pickens and Lamb catches. Detroit is also expected to face more completions than its season-long average, giving Robertson even more chances to get to the ball.This is considered a strong spot. Simulations project Robertson finishing over 3.5 about 70% of the time, with fair odds closer to 4.5 tackles at around -130, suggesting the line of 3.5 is about one full tackle off.Cowboys vs Lions Viewing InformationLocation: Ford Field in Detroit, Mich.Date: Thursday, Dec. 4.Time: 8:15 p.m. ET.TV and streaming options: Prime Video.Additional NotesFor the latest on NFL injuries, bettors can consult a dedicated injury report page.Weather information is also available on specialized NFL weather pages to help inform betting decisions.

Betr Picks promo code CBSSPORTS offer detailsBetr Picks promo code CBSSPORTS: Get $210 in bonus credits for NFL, CFB, more - CBS SportsBetr Picks offers new players $10 in Betr Bucks for registering, plus a deposit match up to $200 with the Betr promo code CBSSPORTSHow to claim the Betr Picks promotion on Thursday, December 4Here are the steps to follow in order to sign up and claim the Betr promo.Click on the "Claim Bonus" link on the page.Register for a Betr Picks account and enter the information requested.Make sure to enter the promo code "CBSSPORTS" when registering for an account.Make your first deposit of at least $10 and get a 50% deposit match worth up to $200 in Betr Bucks. To get the maximum deposit match bonus, you must deposit $400.New users will also get an additional $10 in Betr Bucks upon completing registration. The Betr Bucks will be issued within one hour of registering, but please allow up to 24 hours for technical difficulties.Betr will add up to $200 in Betr Bucks to your account after your first deposit, and you do not need to first play in any contests to secure the deposit match or registration bonus.Best Betr Picks for December 4(Projections from the SportsLine model unless otherwise noted)WR CeeDee Lamb, Cowboys, 77.5 receiving yards - MoreLamb had 89 receiving yards when he faced Detroit last season, but that was nothing compared to when he saw the Lions in 2023. He went off for a career high of 227 yards across 13 grabs, while the four-time Pro Bowler had 112 yards on Thanksgiving versus Kansas City last week. With Detroit starting CB, Terrion Arnold, just placed on IR, Lamb should have another big game versus the Lions.RB Javonte Williams, Cowboys, 61.5 rushing yards - MoreThe veteran has gone over 61.5 rushing yards in eight of 12 games this season, as he's averaging 79.6 rushing yards on the season. Meanwhile, Detroit's run defense has been pierced as of late. The Lions have allowed 122-plus rushing yards in each of their last three games after giving up 94.3 yards over their first nine games.QB Jared Goff, Lions, 251.5 passing yards - MoreGoff has had at least 256 passing yards in five straight games, and all of those pass defenses were better than the one he'll see on Thursday. The Cowboys rank 30th in pass defense, also ranking 30th in adjusted yards per attempt allowed, while ranking dead last in passing touchdowns given up.The SportsLine Projection model also offers picks for every NFL picks for every game on the slate, which you can use to help guide you in making NFL picks on Betr Picks.

Kalshi sues Connecticut in big week of prediction markets newsPolymarket began its US rollout as Kalshi closed a massive funding round and NFL Commissioner Roger Goodell distanced the league from prediction markets.Kalshi is turning up the heat on regulators again, suing Connecticut hours after the state ordered it, Robinhood and Crypto.com to halt unlicensed prediction market activity.The action was among a wide range of developments in the controversial sector this week.Connecticut becomes new prediction markets battlegroundConnecticut’s cease-and-desist letters stated the platforms pose a “serious risk” to consumers as they operate outside of a regulated environment and that “a prediction market wager is not an investment”. The orders demand immediate cessation and for them to allow users to withdraw their funds. It also said failure to comply could bring additional action.“These platforms are deceptively advertising that their services are legal, but our laws are clear,” Department of Consumer Protection Gaming Director Kris Gilman said. “They are also operating outside of a regulatory environment, posing a serious risk to consumers who may not realize wagers placed on these illegal platforms offer no protections for their money or information. A prediction market wager is not an investment.”Kalshi responded with its lawsuit in the US District Court for the District of Connecticut. The lawsuit echoes those it filed in Maryland, Nevada, New Jersey, New York and Ohio after their regulators also sent cease-and-desist letters.Kalshi argues it is federally regulated by the Commodity Futures Trading Commission and can offer its event trading markets nationwide.Prediction markets legal updatesA class action lawsuit was filed against Kalshi in New York this week.Nevada is pacing the legal battles, with a federal judge recently reversing his decision that had granted Kalshi an injunction to prevent the state from enforcing its gambling rules.A Massachusetts court, meanwhile, will hold a prediction markets hearing next week. Massachusetts Attorney General Andrea Campbell filed a lawsuit this year against Kalshi seeking to stop its sports event markets.There are also tribal legal battles in states like California and Wisconsin. The tribes argue prediction markets violate the Indian Gaming Regulatory Act by offering betting on tribal land. A California judge recently sided with Kalshi. The judge ruled the CFTC regulation means the event contracts are not wagers.Kalshi and Polymarket post major funding and rollout movesKalshi wrapped up its third round of fundraising this year, announcing a $1 billion round on Tuesday. The new round gives Kalshi an $11 billion valuation. Investors include Sequoia Capital, Andressen Horowitz, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG and Y Combinator.“We’re in a massive market with a massive opportunity,” Kalshi CEO and co-founder Tarek Mansour told The New York Times. “We have to scale up to rise to that opportunity.”The $11 billion valuation more than doubles the $5 billion figure from a $300 million round in October. The fundraising also comes as Kalshi partnered with CNN and CNBC, which will now showcase “real-time insights from Kalshi”. Axios reported the CNN deal Monday, while CNBC announced its deal on Thursday.“Prediction markets are rapidly shaping how investors and business leaders think about important events,” CNBC President KC Sullivan said. “Kalshi’s data will serve as a powerful complement to CNBC’s reporting and help people stay better informed about the world around them.”Following a multibillion-dollar fundraising round of its own earlier this year, Polymarket began a limited rollout this week to more than 200,000 US users on a waitlist. The platform was in a beta phase prior to this week. On Sunday, CBS “60 Minutes” aired a feature on Polymarket.Polymarket’s investment round was from the owner of the New York Stock Exchange.NFL commissioner keeps league out of prediction marketsPreviously, the National Hockey League made Kalshi and Polymarket official partners of the league.At Genius Sports Investor Day this week, NFL Commissioner Roger Goodell said he will not be following down the NHL’s path, at least for now.“That’s not something we’re about to enter into. We are going to see how things play out, both from a regulatory standpoint. There are a lot of legal challenges going on right now,” Goodell said. “We’d like to be first in the market in a lot of things, but a lot of things we’re willing to say, we’re gonna let things play out, we’re gonna decide: Is this something we want to do?“The risk to the brand is something that we take very seriously, and we won’t risk brand in something until we feel confident that we can do it.”

Thanksgiving NFL betting overviewTurkey, stuffing, pumpkin pie … complaining kids … bickering relatives.Thanksgiving truly is a tradition like no other. Thankfully, that tradition also includes a delicious distraction: wall-to-wall NFL action — both on the field and at the wagering window.With the holiday in mind, we’re dishing out a feast of Turkey Day-related NFL betting trends amid our breakdown of this year’s Thanksgiving weekend matchups, capped off by a Black Friday battle between NFC division leaders.All listed odds are via BetMGM and subject to change.Green Bay Packers at Detroit Lions (-2.5, 48.5)Kickoff: Thursday, 1 p.m. ETMoney line: Packers +125/Lions -150With the exception of a five-year stretch during World War II, the Lions have hosted a Thanksgiving Day game every year since 1934.They’re 38-44-2 all-time on the holiday, with last year’s 23-20 victory over Chicago snapping a seven-game Turkey Day losing skid.However, Detroit failed to cover as a hefty 9.5-point favorite against the Bears, falling to 3-5 ATS in its last eight Thanksgiving contests (0-2 ATS as a favorite).Green Bay is 15-18-2 when playing on Thanksgiving, including 14-17-2 on the road.Most recently, the Packers defeated Miami 30-17 in last year’s prime-time Thanksgiving contest, easily covering as 3.5-point favorites.Green Bay has faced the Lions on Thanksgiving seven times this century, going 5-2 SU and 4-3 ATS.Overall, though, Detroit is on a 6-2 SU and 5-3 ATS roll in this NFC North rivalry dating to Week 18 of the 2021 season.The Lions needed overtime to fend off the New York Giants in Week 12, prevailing 34-27 in a game that featured 1,011 yards of offense.Detroit never threatened to cover as a 14-point home favorite, ending a lengthy (and impressive) NFL betting trend: The Lions, who were coming off a Week 11 loss at Philadelphia, had covered in 13 consecutive games following a defeat.Instead, Detroit has now failed to cash in back-to-back games for the first time since an 0-3 ATS slide that started exactly a year ago (Weeks 13-15).Green Bay is coming off consecutive victories over the Giants (27-20) and Vikings (23-6).By easily cashing as a 6.5-point favorite against Minnesota on Sunday, the Packers halted a three-game spread-covering slump.Still, Green Bay remains just 2-7 ATS in its last nine overall, and 1-4 ATS away from Lambeau Field this year (but 3-1-1 SU).The over cashed in eight of 11 Thanksgiving games at Ford Field from 2010-2020. However, since 2021, the under is 3-1.During this 15-year stretch, the Lions and their Thanksgiving opponents have cleared 48 points nine times — but just twice since 2021.Then again, Detroit and Green Bay have topped 50 points in seven of their last 11 head-to-head clashes (including four of five in the Motor City).Kansas City Chiefs (-3.5, 52) at Dallas CowboysKickoff: Thursday, 4:25 p.m. ETMoney line: Chiefs -190/Cowboys +155With the exception of 1975 and 1977, the Cowboys have hosted a Thanksgiving Day game every season for the last 60 years, going 34-22-1.Dallas is currently riding a three-game Thanksgiving winning streak (2-1 ATS). In the previous dozen years, though, the Cowboys played like a turkey, going 4-8 on the field and 2-10 at the betting counter.Meanwhile, the Chiefs have played on Thanksgiving just 10 times in franchise history and only once in the last 30 years: In 2006, they defeated Denver 19-10 as one-point home favorites in the first-ever Thanksgiving night contest.This marks just the second time since 2011 that Dallas will be an underdog on Thanksgiving. The only other instance was in 2017, when the Chargers traveled to Arlington, Texas, and won 28-6 as one-point favorites.Going back to 1998, the Cowboys are 1-5 SU and 3-3 ATS as a Turkey Day ’dog.Dallas erased a 21-0 deficit in Week 12 and stunned Philadelphia 24-21 as a 3-point underdog, matching the biggest comeback in franchise history.The Cowboys, who were coming off a 33-16 rout of the Raiders, have won consecutive games for the first time all season. The last time Dallas won as many as three in a row: a five-game winning streak from Weeks 10-14 of 2023.The Cowboys went 4-1 ATS during that stretch, cashing in three straight contests from Weeks 10-12. That stands as the team’s most recent 3-0 ATS run.Kansas City also rallied for a Week 12 win, climbing out of a 20-9 fourth-quarter hole against Indianapolis and eking out a 23-20 overtime victory.The triumph followed back-to-back upset losses at Buffalo (28-21) and Denver (22-19). However, the Chiefs came up short as 4.5-point favorites against the Colts, their third straight non-cover.Including a season-opening game against the Chargers in Brazil, Kansas City is 1-4 SU and ATS away from home in 2025 — all as a favorite.A totals-related NFL betting trend that bears mentioning: The under has cashed in each of Kansas City’s last six games, with all six falling short of 50 points.The Chiefs haven’t had a 7-0 “under” stretch since Weeks 7-13 of the 2011 season — two years before head coach Andy Reid arrived and seven years before Patrick Mahomes took over as the team’s starting quarterback.Then again, all five of Dallas’ Thanksgiving games this decade have cleared the total. Combined points scored: 57, 69, 48, 55 and 47.Cincinnati Bengals at Baltimore Ravens (-7, 52)Kickoff: Thursday, 8 p.m. ETMoney line: Bengals +280/Ravens -350The NFL added a new holiday tradition in 2006 when it introduced a third game to its Thanksgiving menu and slotted it in prime time.With the exception of 2020, the Thanksgiving night contest has been played every year since and resulted in this related (and eye-popping) NFL betting trend:Favorites are 15-3 SU and 14-4 ATS, including eight consecutive wins and covers.Additionally, 12 of the 18 prime-time Thanksgiving games have stayed under the total, including eight of the last 10.Cincinnati’s only Thanksgiving appearance was in 2010, when it lost 26-10 to the Jets as a 9.5-point underdog.The Ravens have played twice on Turkey Day, and both occasions were at home in prime time. They topped San Francisco 16-6 as a 3.5-point favorite in 2011, then defeated archrival Pittsburgh 22-20 as a 3-point favorite two years later.The latter contest is the only time in 18 Thanksgiving night battles that the winner failed to cover the point spread.Baltimore ran its winning streak to five in a row with Sunday’s 23-10 rout of the Jets. However, the Ravens came up just short as 14-point favorites, ending a 3-0 ATS uptick.Meanwhile, the Bengals have dropped four in a row, the latest being a 26-20 home loss to New England in Week 12. Since starting the season with back-to-back wins over Cleveland and Jacksonville, Cincy has lost eight of nine.The Bengals did cover as 7.5-point underdogs against the Patriots, but remain just 4-7 ATS for the season (3-5 ATS as an underdog).From 2022-2024, the Ravens went 11-2 SU and 9-4 ATS in prime-time games. However, they’re 1-2 SU and ATS under the national spotlight this season.Cincinnati has split its eight prime-time games both SU and ATS since the start of last year, going 1-1 SU and ATS this season.The Ravens have won four in a row in this AFC North rivalry (3-1 ATS). Going back to the second meeting of the 2018 campaign, Baltimore is 10-3 against Cincinnati on the scoreboard but has cashed just six times.During this 13-game stretch, the Bengals lost six of seven in Baltimore, but they’re 5-2 ATS.Baltimore’s first five games this season jumped the closing total, but the under is 4-2 in its last six. Also, the under is 3-1-1 in Cincinnati’s road games.On the flip side of the NFL betting trends ledger, the over is 4-2 in games played at M&T Bank Stadium in 2025. What’s more, the over is 7-2 in the last nine Bengals-Ravens battles, with the last five in a row hurdling the total.Final scores of the last four meetings: 27-24, 34-20, 41-38 and 35-34.Chicago Bears at Philadelphia Eagles (-7, 44.5)Kickoff: Friday, 8:20 p.m. ETMoney line: Bears +260/Eagles -325The NFL’s most recent addition to the Thanksgiving weekend docket was the advent of a “Black Friday” game two years ago.The Dolphins won the inaugural contest in 2023, blasting the Jets 34-13 as 9.5-point road favorites.Last year, the Chiefs edged the Raiders 19-17 but never came close to cashing as 13.5-point home favorites.Chicago has assumed sole possession of first place in the NFC North thanks to an 8-1 heater that includes an ongoing four-game winning streak.The Bears won those four games by a combined 14 points, with the most recent nail-biter being Sunday’s 31-28 home victory over Pittsburgh as 2.5-point favorites.Throw in back-to-back 25-24 road wins over the Raiders and Commanders, and six of Chicago’s eight victories have been by a total of 16 points.From an NFL betting trends perspective, the Bears have been bullish during their 8-1 SU roll, going 7-2 ATS (including 4-1 ATS on the road).Chicago also has been money as an underdog, posting 4-1 SU and ATS mark since an ugly 52-21 loss at Detroit in Week 2.The Eagles went to Dallas in Week 12 as 3-point favorites and scored three touchdowns in the game’s first 18.5 minutes. However, they got outscored 24-0 from there, with the final points coming on a 42-yard field goal as time expired.The loss snapped Philly’s four-game SU and ATS winning streak.It was the third straight time — and fifth time in the last seven games — that the Eagles offense tallied 21 points or less.On the bright side for the Eagles, they’re 4-1 at home this season (3-2 ATS). The only on-field blemish was a 21-17 Week 5 loss to Denver.Philadelphia also has defeated the Bears five straight times since 2013, going 4-1 ATS.The Eagles have followed 5-1 “over” stretch with a 3-0 “under” run.Conversely, Chicago has eclipsed the closing total in four of its six road games. Also, eight of the Bears’ 11 contests have featured at least 45 combined points (and another landed on 44).

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Online Casinos in the US: Current Legal Situation in 20252024 was a headline-grabbing year in the US (there was some kind of election, apparently), but here at PokerNews, the focus is on the stories that really matter. Specifically, which states are poised to legalize online casino gambling next?No new states joined the current seven that had already embraced iGaming by 2024, but the question remains: what are the odds of expansion in 2025?Before looking into what is next, it is important to evaluate where things stand for online casinos in the US as of January 2025. In a nutshell, whether you can legally play at online casinos depends entirely on the state you call home.Here is a quick rundown showing where online casinos are currently legal and where they are not.Where Have Real Money Online Casinos Been Legalized?Legal in some states are what can be called The Magnificent Seven: New Jersey, Delaware, West Virginia, Pennsylvania, Michigan, Connecticut, and Rhode Island, the pioneers of legalized iGaming.In these states, online casinos are fully regulated and legal, with some of the world's biggest names offering their platforms to players in these regions.In most other states, including larger states like California and New York, legal online casinos are unavailable, but the legal landscape varies widely and continues to evolve.A US online casino map provides a clear, up-to-date snapshot of the legal status in each state.For a deeper dive into playing real money casino games in the US, there are comprehensive guides available that explain the options in detail.If real money gaming is not an option in a particular state, players can explore accessible and entertaining alternatives such as social casinos.Anything Else to Know?Unlike an episode of Suits, the law is not as simple as a quick courtroom drama, and gambling law, in particular, can be a real puzzle. With that in mind, there are a few additional points to be aware of.Even legal states have their own rules: while some states have legalized online casinos, each has its own unique set of regulations and age restrictions, which can vary from state to state.Avoid the risks of illegal gambling: while black market gambling may exist in states where online casinos are prohibited, it is a dangerous game and can lead to hefty fines or worse.Always check state laws before playing: whether at a real money casino or a social casino site, it is crucial to familiarize yourself with the regulations in your state before getting started.Online Casino Legalization 2025: States to WatchAs the rest of 2025 unfolds, the iGaming landscape is buzzing with speculation about which states might take the leap into legalizing online casinos.While momentum is growing in several states, even in a non-election year, the path forward remains filled with legal and political challenges.There are five states that are showing particular promise for legalizing online casinos in the year ahead, with key factors that could shape their decisions.Online Casinos in MarylandKicking off 2025, Maryland is emerging as a state to watch in the push for online casino legalization.Delegate Vanessa Atterbeary is renewing efforts with House Bill 17 (HB 17), which has been introduced before but did not get through the Senate last year. The revised bill aims to regulate online gambling under the Maryland State Lottery and Gaming Control Commission and would allow existing video lottery and sports betting operators to apply for online casino licenses.A key part of the proposal is that revenue generated from online gambling would be directed toward funding educational programs and supporting the state's vital horse racing industry. The bill also paves the way for multi-state internet gaming agreements, suggesting that online poker could be included in the future.Despite facing some opposition, particularly concerns about its potential impact on retail casinos, HB 17 presents a solid proposal. With its continued momentum, Maryland is shaping up to be a state to keep a close eye on in the coming year.Online Casinos in VirginiaNext on the horizon is Virginia, where the potential for legalizing online casinos is gaining traction.Ahead of 2025, Senator Mamie Locke has pre-filed a bill to legalize online casinos, including live dealer games. The Democratic senator's proposal would introduce a 15% tax on operators' adjusted gross revenue and enable retail casinos to apply for digital licenses.Each casino could partner with up to three online platforms, each required to have its own distinct brand. A second brand would be permitted for online poker platforms. The bill also includes important responsible gambling provisions, such as the prominent display of helplines on gambling sites.The bill is slated for consideration during Virginia's legislative session from January 8 to February 22, 2025. While it still faces hurdles in the legislative process, iGaming supporters are hopeful that Virginia could soon follow other states, particularly after the successful launch of online sports betting in the state.Online Casinos in LouisianaAs Louisiana and New Orleans gear up to host Super Bowl LIX, the state finds itself at the center of another major conversation: the future of online casinos.Following the legalization of online sports betting in 2022, advocates argue that regulating online casinos is the next logical step, citing the success of other states in generating substantial revenue and vital tax contributions.Compounding the urgency is Louisiana’s thriving black market for online casinos. According to the American Gaming Association, an estimated $4.6 billion is wagered illegally each year, with much of this money tied to organized crime and money laundering, which supporters argue underscores the pressing need for regulation.However, opposition remains strong, with concerns about the impact on land-based casinos and the risks of gambling addiction, particularly given the easy access to online gaming through smartphones.Under Senate Resolution 149, passed in June 2024, lawmakers are set to continue exploring iGaming’s potential in the coming months, weighing its economic promise against its social and industry challenges.Online Casinos in FloridaFlorida could be on the cusp of a major shift in its online gambling landscape, fueled by growing speculation that the Seminole Tribe may advocate for online casino legalization in 2025.As the dominant player in Florida’s gambling industry, the Tribe has already set a precedent with its successful sports betting rollout, paving the way for what could be an ambitious expansion into the online casino market.This potential move, which would bring digital platforms for slots, table games, and more to Floridians, promises significant economic benefits, generating substantial revenue for both the Tribe and the state.However, the path forward is anything but simple. Navigating a complex regulatory process and addressing public concerns about problem gambling remain critical challenges. Despite these obstacles, Florida is a state to watch closely as the conversation around online casinos intensifies in 2025.Online Casinos in IllinoisIllinois might not have seen success with online gambling legislation in 2024, but the groundwork laid by three proposed bills signals ongoing interest in the state for online casino expansion.House Bill 2239 (HB 2239) aimed to establish online casino gaming with a 15% tax rate, while a second proposal, House Bill 2320 (HB 2320), suggested a slightly lower 12% rate. Although none gained traction and will not carry into the 2025 session, the state’s history with gambling regulation suggests there is potential for iGaming supporters in the Prairie State.Illinois has pioneered legal sports betting, launching retail wagering in March 2020 and digital platforms just months later. The Illinois Gaming Board has also issued 16 retail casino licenses and oversees a regulated video lottery terminal market, putting it among a select few states with such a framework.With an established gambling infrastructure and a track record of exploring new revenue streams, online gambling could represent the next logical step for Illinois. While the road forward remains uncertain, Illinois remains a state to watch as discussions about expanding online gaming continue to evolve.Will Online Casino Legalization Expand in 2025?Predicting the future, especially where politics is concerned, is a tricky game. If that ability existed, it might be put to use on prediction markets and political wagers rather than legislative forecasts.In the view expressed in the original article, an expansion of online casino legalization in 2025 seems unlikely. While this year might set the stage with crucial political and legal groundwork, the path to iGaming legalization has historically moved at a glacial pace, and no state appears ready to make an imminent leap.So, which state will be next, even if not in 2025? As with many things in life, the advice is to follow the money.States grappling with budget deficits, particularly in the wake of the post-COVID economic slump, and those that have already embraced online sports betting are the most likely contenders. With digital gambling frameworks already in place and increasing pressure to shore up tax revenue, online casino legalization may soon prove too tempting for many states to resist.Alternatives to Real Money Casinos in the USIf you are in a state where real money casino gambling is not yet available, or if it looks like legalization is still a way off, trying out free casino games at a social casino can be a strong alternative.There is key information available about these platforms, along with handpicked recommendations for some of the best social casino sites.Social CasinosSocial casinos are legal in most states because they typically use coins or tokens instead of real money. You cannot wager or win real money, and these sites lean heavily towards playing for fun and enjoyment.Social casinos generally face fewer regulations than real-money online casinos. However, it is always essential to carefully review the terms and conditions of any site or app before starting to play.Some of the most popular social casino and free-play poker platforms offer a wide range of slots and table-style games, as well as free-to-play poker experiences.