THE RAGING DEGENERATE

New FEC filings reveal DraftKings and FanDuel have poured millions into 2026 midterm Super PACs, tilted toward Republicans, to fight regulation.

The prediction market leader is drowning in class action lawsuits alleging it operates an unlicensed gambling platform. Here's what's happening.

A new Pew survey shows public opinion shifting against legal sports betting. That's up from 34% in 2022. The honeymoon phase might be over.

Wisconsin lawmakers are close to legalizing mobile sports betting through tribal partnerships. An Assembly vote is expected within weeks—but DraftKings and FanDuel won't be happy.

Danny Funt's new book examines America's sports betting explosion and argues the house always wins. The author makes some points. We're still degenerates.

The Volunteer State says prediction markets are illegal gambling. Kalshi, Polymarket, and Crypto.com have until month's end to stop serving Tennessee residents.

A new Harvard study finds public opinion shifting against legal sports betting as scandals pile up. The FBI's college basketball bust isn't helping.

After a $10.5 million fine for money laundering violations, Resorts World appeared before Nevada regulators this week. The Strip casino is attempting to rebuild trust and move forward.

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.

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.

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.

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

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.

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.

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.

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.