Colorado & Arizona Experience Sports Betting Handle Declines in March
Colorado and Arizona both reported declines in sports betting handle for March. Despite the drops, revenue remained strong as sportsbook hold increased.
Arizona
Federal court blocks Arizona AG’s case against Kalshi
A federal judge in Arizona has ruled that prediction market platform Kalshi falls under Commodity Futures Trading Commission (CFTC) oversight, blocking state prosecutors from pursuing gambling-related criminal charges against the company.