#sports-betting-expansion

#sports-betting-expansion

Any operator, or their associated entities, who is or has been operating an unregulated lottery scheme in Alberta must submit a completed application and pay all applicable registration fees to AGLC no later than July 13, 2026.

The 'Home Team Act' would require that any sports team owner looking to move their franchise, or sell to a new owner with the intention of relocation, first be required to offer the sale of the franchise to a group keeping it in its current location.

From Plato to Charles Barkley, great minds have warned about the destructive power of gambling. The way societies have usually managed the vice is to cordon it off. It's legal, but contained to disreputable places, such as red-light districts, riverboats, and Nevada. This was true in much of the United States until 2018, when a Supreme Court ruling opened the door to legalized sports betting nationwide.

House Bill 904, which has cleared the House and is under Senate review, would give the Kentucky Horse Racing and Gaming Corporation expanded control over various forms of wagering, including fantasy sports and prediction markets.

When the feature launches, users will be able to connect their DraftKings Sportsbook accounts to their ESPN profiles. Once linked, fans will unlock personalized betting options, promotions, and features that draw on their activity across ESPN's fantasy and bracket products.

"Today, our Board took decisive action to protect what generations before us fought to build. These so-called prediction markets are an attempt to bypass tribal authority and recast gambling as a financial product. We will not allow that. We will stand united to defend tribal sovereignty and the integrity of Indian gaming."

The legislation is about restoring balance between federal oversight and long-standing state and tribal control of gambling. It will reaffirm existing tribal and state government authority to regulate sports betting, limit online gambling, or in some cases - continue to prohibit all forms of gambling.

I am not, by temperament, a gambling man. As a suburban dad with four kids, a mortgage, and a minivan, I'm more likely to be found wrestling a toddler into a car seat than scouring moneylines or consulting betting touts. And as a practicing Mormon, I am prohibited from indulging in games of chance.