More than 20 state legislatures are in session this week with Georgia making another push for sports betting legalization in its 8th straight year.

Las Vegas slot maker Light & Wonder will pay $127.5 million to Aristocrat after admitting its Dragon Train games used stolen trade secrets.

The 'One Big Beautiful Bill' capped gambling loss deductions at 90%, meaning you'll owe taxes on phantom winnings. But the $2K slot threshold helps.

Rush Street Interactive hikes minimum wager for second time in a year as Illinois per-bet tax drives 32% decline in betting volume.

Tennessee regulators order Kalshi, Polymarket, and Crypto.com to stop offering sports-related prediction contracts to state residents by month's end.

Senator Addabbo introduces online casino bill with 30.5% tax rate and $2M license fees. Fourth consecutive year pushing iGaming in Albany.

Kalshi, Robinhood, and Crypto.com battle state regulators in courts across America. Is sports event trading gambling or derivatives? 2026 will decide.

FanDuel quietly ended its injury refund program for the NFL postseason while DraftKings and Fanatics keep theirs running. Time to switch books?

A new Harvard study shows public opinion turning against legal sports betting, with 43% of Americans calling it a bad thing for society. The vibes are shifting.

John Acres, the inventor of player tracking and progressive jackpots, called out Vegas casinos for nickel-and-diming customers. He's got a point.

A New York bill would eliminate in-play sports betting statewide, killing roughly half of all sportsbook handle. The offshore books are licking their chops.

Alabama residents have filed 21 new lawsuits against sweepstakes casinos this week, bringing the total past 40. Players want their losses back.

A federal lawsuit accuses Drake, Adin Ross, and Stake.us of running an illegal gambling operation and using the platform to inflate music streaming numbers.

A lawsuit using the 1710 Statute of Anne could force FanDuel, DraftKings, and BetMGM to refund $300 million in gambling losses. Yes, a 300-year-old law.

Governor Janet Mills lets tribal iGaming bill become law, making Maine the eighth state with legal online casinos. Tribes get exclusive rights, regulators furious.

The big sportsbooks aren't taking Chicago's new betting tax lying down. They've filed suit claiming the city overstepped its authority. This could get messy.

New tax law caps gambling loss deductions at 90% of winnings. If you're a high-volume bettor, the IRS just made your life significantly worse.

The new 90% gambling loss deduction rule means even if you break even, you owe taxes. A player winning $10K and losing $10K now pays taxes on $1K of 'phantom' income.

Assembly Bill A9343 would eliminate in-play betting in NY, potentially costing the state billions. Here's what degenerates need to know.

Nevada casinos won $1.34 billion last month as Strip occupancy dropped again. What happens when fewer people gamble more?

The two biggest sportsbook operators have officially resigned from the American Gaming Association as prediction markets create an industry rift.

Two major gambling tax changes take effect January 1: the slot jackpot reporting threshold rises to $2,000, and gambling loss deductions drop to 90%.

DraftKings, FanDuel and three other major operators file lawsuit seeking to stop Chicago's new sports betting tax from taking effect January 1.

The battle over sports event contracts is escalating. With 20+ lawsuits pending against Kalshi and competitors, the fight is likely headed to the nation's highest court.

The books crushed recreational bettors in 2025. Six months had hold rates above 10%. The median hold was 56% higher than industry standard. The house always wins.

Vegas tourism took a significant hit this year with visitor numbers down 6% from 2024. High prices, changing habits, and economic headwinds are forcing the Strip to reconsider its strategy.

A new Pew Research poll shows public opinion turning against legal sports betting. Up from 34% in 2022, nearly half of Americans now view the industry negatively.

The year in gambling had clear victors and casualties. Prediction markets took over, traditional sportsbooks scrambled, and ESPN Bet couldn't even make it two years.

Four major Strip casinos — Resorts World, MGM, Wynn, and Caesars — were slapped with anti-money laundering fines totaling over $32 million. The regulators weren't playing around.

FanDuel just launched its prediction markets app in Alabama, Alaska, North Dakota, South Dakota, and South Carolina. DraftKings has competition now.

The One Big Beautiful Bill Act cuts your gambling loss deduction from 100% to 90%, creating taxable 'phantom income' starting in 2026. Here's what it means.

Hawaii's senator is pushing to regulate prop betting at the federal level after the Rozier and Guardians scandals. The feds are finally paying attention.

Rozier's attorneys argue the feds overreached with wire fraud charges, citing Supreme Court precedent. The case could reshape sports betting prosecutions.

Derek Stevens, Bill Hornbuckle, Tom Reeg, and Craig Billings met with lawmakers to push for restoring the full gambling loss deduction. The industry is unified.

From the Guardians pitch-rigging scandal to the prediction market wars, 2025 has been a transformative year for the gambling industry. Here's the full recap.

No more running to the ATM at 3 AM. Koin just partnered with ECL Gaming to bring cashless slot play to over three dozen Vegas locations.

Fish tables, illegal slot machines, and multiple arrests. The feds just shut down a major illegal gambling operation in Jacksonville.

DraftKings just dropped their prediction markets app. Sports betting in non-legal states. Finance trades everywhere. The game just changed.

520,000 accounts. 18.5 million geolocation checks. 43,000 bettors at Arrowhead. Missouri's sports betting launch was an absolute banger.

ESPN BET is dead. Penn Entertainment rebranded to theScore Bet. ESPN partnered with DraftKings. The $2 billion deal lasted just 2 years.

The two biggest sportsbooks in America just walked away from Vegas and the AGA. The prediction markets war is reshaping the entire industry.

The stock trading app is now letting you bet parlays on NFL games. DraftKings and FanDuel are shaking. States are suing. Chaos reigns.