Home North Carolina gambling votes, states taking action on horse racing, and more, today in gambling news LIVE

North Carolina gambling votes, states taking action on horse racing, and more, today in gambling news LIVE

Today in gambling news, we’re tracking two pivotal votes in North Carolina – one that paves the way for a revised tax bill that includes sports betting changes, and one that would potentially see the Lumbee Tribe construct a land-based casino in the southeastern section of the state. Beyond that, both New York and Maryland have increased involvement in the horse racing world for two very different reasons, and more is sure to come. Follow our live blog throughout the day for the latest breaking updates, voting results, reactions, analysis, and more from the gambling industry and beyond.

Coverage ended Updated 3 weeks ago

North Carolina Senate adopts SB 595

Craig Corbeels Craig Corbeels

Following today's session, SB 595 has been adopted by the North Carolina Senate with amendments proposed in Conference Report #2. If passed in its newly adopted form and signed by Gov. Josh Stein, it will bring multiple changes to tax administration and sports wagering revenue calculations.

Firstly, it amends the definition of gross wagering revenue to ensure certain bonus activity is included, which could increase the amount of revenue counted for regulatory and tax purposes. Secondly, it requires licensed sports wagering operators to provide requested information to the NC Department of Revenue, which could include outcomes of wagers, amount of winnings paid, and other player information deemed necessary to determine tax compliance.

CFTC sues Kentucky

Craig Corbeels Craig Corbeels

And, following the last update, the official release from the CFTC regarding its lawsuit against Kentucky.

The CFTC states that the lawsuit against Kentucky is "to block the state's efforts to shut down CFTC-registered contract markets using state laws." This follows Kentucky's lawsuits against Kalshi and Polymarket, which were filed on June 17.

CFTC to file lawsuit against Kentucky

Craig Corbeels Craig Corbeels

The CFTC will file a lawsuit later today suing Kentucky, a source told Front Office Sports.

Betting website hacker sentenced to 18 months in prison

Craig Corbeels Craig Corbeels

The United States Attorney for the Southern District of New York has announced that Nathan Austad has been sentenced to 18 months in prison for his role in hacking users on a fantasy sports and betting website. In addition to the prison term, Austad will also be subject to three years of supervised release and ordered to pay $463,684.48 in forfeiture and $1,327,061 in restitution.

Austad and others used a credential stuffing attack to compromise approximately 60,000 user accounts and steal approximately $600,000. He is the third defendant to be sentenced in the investigation.

NC Senate reconvenes to discuss bills

Craig Corbeels Craig Corbeels

It's been a busy day already, but as a reminder, the North Carolina Senate is now set to reconvene after a recess as the SB 595 tax bill vote remains on the calendar for today.

Mark Zuckerberg directed Meta to create a prediction markets app

Craig Corbeels Craig Corbeels

In an exclusive, the New York Times reports that two employees with knowledge of the matter say that Mark Zuckerberg recently dispatched a small team to create an app, internally referred to as "Arena", that would be similar to Polymarket and Kalshi.

Kalshi officially exits India

Craig Corbeels Craig Corbeels

In another regulatory battle retreat, Kalshi has added India to its restricted list and ceased operations in the country.

This comes weeks after India's technology ministry warned that prediction market platforms were illegal. Kalshi's website had already been inaccessible through multiple Indian ISPs since the last week of May.

Novig appoints new Chief Regulatory and Legal Affairs Officer

Craig Corbeels Craig Corbeels

 Elie Mishory has been named as Novig's Chief Regulatory and Legal Affairs Officer.

Mishory previously served as Chief Regulatory Officer and General Counsel at Kalshi, as well as at the CFTC itself.

Lumbee Tribe special election timing

Craig Corbeels Craig Corbeels

The Lumbee Tribe's gaming vote is currently underway and set to close at 7:30 p.m. ET, meaning we likely won't see a final result today.

For more context, this vote could enable the Lumbee Tribe to move forward with its planned Lumbee Dark Water Resort, which, aside from being the only tribal casino in the area, would also include a family hotel, museum and heritage center, convention and entertainment center, and more, according to initial plans.

The next closest tribal casino in North Carolina is the Catawba Two Kings Casino, which would be just under a three-hour drive away.

BetMGM and MGM Resorts Intl. renew partnerships with MLB

Craig Corbeels Craig Corbeels

BetMGM and MGM Resorts International have signed multi-year agreements to extend their partnerships with Major League Baseball - relationships that began in 2018.

Under these agreements, MGM Resorts will continue as MLB's exclusive Integrated Resort & Casino Partner.

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The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Craig Corbeels is a gambling editor, journalist, and operations specialist, bringing more than 12 years of hands-on experience in the global iGaming industry to the newsroom. His coverage combines operator-side expertise with a longstanding passion for journalism, writing, and editorial leadership, offering readers a unique insider perspective on the stories shaping the industry. Throughout his career, Craig has worked across a wide range of operational and strategic functions within iGaming, giving him a deep understanding of the industry's regulatory, commercial, and product landscapes. His reporting and analysis cover everything from legislative developments and market expansion to operator strategy, compliance, and…