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Gambling911.com has your top trending stories in the world of gaming, gambling, casinos, sports betting, crypto and more for Monday July 28, 2025. We look at what will become Nevada's only independent sportsbook going live in the coming days as well as the first federal lawsuit filed against prediction market Kalshi.
Boomer’s Sportsbook Given Approval For August 1 Launch In Nevada
Nevada’s Gaming Commission unanimously approved Boomer’s application to launch retail locations in Elko, Las Vegas and Henderson as well as a mobile sports betting app, in time for the new NFL season which gets underway on September 4.
The independent bookmaker is run by longtime industry veteran Joe Asher and would become the state's only independent bookmaker once live.
Asher founded Brandywine Bookmaking in 2008 before selling it to British bookmaker William Hill in 2012 for a reported $14.25 million.
Speaking at last Thursday’s hearing, Asher said he believed the new sportsbook could complement the services of casinos in Nevada.
“We think there is room in the market for an independent operator, as William Hill was before it was acquired by Caesars, someone casinos can partner with for sports betting, but who is not a competitor to their core business,” Asher said.
“We think there is also room in the market for a new sportsbook at the business-to-consumer level.”
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UK Gambling Industry Launches Summer Charm Offensive to Head Off Tax Rise
Gambling lobbyists are staging a summer charm offensive designed to stop ministers from raising taxes on the sector, the Guardian has learned. The Treasury is considering whether to simplify the various rates of duty applied to gambling products, a measure that the £11.5bn-a-year sector fears would increase its overall tax bill. The Betting & Gaming Council (BGC has embarked on a back-channel lobbying push after outlining its objections in a submission to the Treasury. This included the hosting of a darts-themed evening in order for government officials to attend and hear speeches.
A Flutter UKI spokesperson said: “The Labour staffers event was a great opportunity for us to talk about our ‘Big 180’ partnership with Prostate Cancer UK – built around the World Darts Championship – which has so far encouraged 350,000 men to check out their risk of developing the disease.”
As part of the charm offensive, the BGC’s chair, the former Labour MP Michael Dugher, met Katie Martin, the chief of staff to Rachel Reeves, and was also “in touch” with the chancellor herself, according to the emails. (Source: The Guardian)
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Republicans Now Having Second Thoughts Over Big Beautiful Bill Gambling Provision
Sahil Kapur, Senior National Political Reporter covering Capitol Hill and elections, spoke to a handful of Republican lawmakers who conceded they were unaware of language in a budget bill that would not longer permit gamblers to deduct 100 percent of their losses.
In the Senate’s roughly 900-page version of President Donald Trump’s multitrillion-dollar tax bill, gamblers would only be able to deduct 90% of their losses when calculating their net income. Under current law, a bettor can deduct the entirety of their losses, up until the amount of their gambling winnings.
In a nutshell, under the new law, if a player were to report winnings of $100,000 and losses of $100,000, the player would still owe taxes on $10,000. (More From Gambling911.com Here)
Tribes Sue Kalshi, Alleging Illegal Sports Betting on Reservations
Last week, three Indian tribes from California sued Kalshi, arguing the derivatives exchange and
The case concerns Kalshi’s sports event contracts, which are regulated by the Commodity Futures Trading Commission (CFTC) as “swaps.” This type of financial product allows users to wager money on a sporting outcome. Kalshi also has a partnership with the trading platform Robinhood.
This is is the first federal lawsuit filed against Kalshi. US President Donald Trump's son, Donald Trump Jr, serves as an advisory for Kalshi.
“Kalshi will claim that it is not offering sports gambling. Kalshi will tell the Court that it is a Designated Contract Market, regulated exclusively by the Commodities Futures Trading Commission and is merely operating a 'prediction market' that permits the buying and selling of 'commodities contracts,' or swaps on sporting events,” the complaint states. “While masquerading as novel commodities and futures products, these event contracts are, substantively, nothing more than illegal, unregulated wagers on the outcomes of sporting events.”
- Chris Costigan, Gambling911.com Publisher
