THE RAGING DEGENERATE

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

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.

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

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.

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.