DraftKings to close in-person sportsbook operation at Wrigley Field
DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
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DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
DraftKings announced Monday that it is closing its sportsbook operation at Wrigley Field after only about two years.
Kalshi and Polymarket, the two biggest prediction market platforms, rushed to institute new industry guardrails and add new surveillance tools on Monday after two key senators announced legislation that could severely curtail the industry’s prospects.
Wisconsin lawmakers are taking a shot at expanding sports betting in the state.
Sports betting will continue uninterrupted in Chicago in 2026, after a coalition of sportsbooks dropped their effort to immediately block new taxes and licensing requirements in the city.
The country's top sportsbooks have filed a lawsuit against the city of Chicago, challenging a new local sports betting tax set to go into effect in the new year.
An NBA Hall of Famer, a current star and former player are among dozens arrested in an FBI crackdown on illegal gambling that includes alleged members of organized crime families.
The Miami Heat guard was arrested in Orlando in a federal sports betting case that prosecutors say involved using confidential NBA information to place illegal wagers.
Among those taken into custody in the betting investigation today are Portland Trail Blazers coach Chauncey Billups, Terry Rozier of the Miami Heat and former NBA player Damon Jones.
A tipped minimum wage increase in Chicago, and higher state taxes on vaping and tobacco products also go into effect July 1. Political Reporter Chris Tye reports.
In March, Mark Aiello bet big on basketball, and thought he won $389,000 by correctly guessing rebounds and assists by certain Chicago Bulls players.
A Chicago area man is down in the dumps, after learning the money he hoped to use for his daughter's college tuition is not going to materialize. Military veteran Mark Aiello, of northwest suburban Roselle, thought he hit some big bets during March Madness, but the gambling app he used won't pay out, and state regulators have sided with the sports betting company.
Thomas McPeek placed stacks and stacks of bets last year — complicated wagers on football called parlays, where several events all have to happen for the gambler to win.
Thomas McPeek placed stacks and stacks of bets last year — complicated wagers on football called parlays, where several events all have to happen for the gambler to win. But the casinos with which he placed the best refused to pay them out.
Mark Aiello's winning bets banked $389,000 — enough for his daughter's future college education. But a moment was about all it lasted, as all his bets were suddenly canceled as if he'd never made them.
Mark Aiello's winning bets banked $389,000 — enough for his daughter's future college education. But a moment was about all it lasted, as all his bets were suddenly canceled as if he'd never made them. Lauren Victory reports.
Right now, Illinois sports books pay 15% tax on their revenue. But Gov. JB Pritzker's latest budget proposal would spike the tax to 35%.
On one side, Gov. JB Pritzker is trying to more than double taxes on winning bets. On the other, the betting companies are now asking their customers to get involved to stop it. CBS 2's Charlie De Mar reports.
The American Gaming Association estimates $2.72 billion will be wagered during March Madness. That's nearly twice the amount of this year's Super Bowl.
The American Gaming Association estimates $2.72 billion will be wagered during March Madness. That's nearly twice the amount of this year's Super Bowl.
