Chicago’s effort to fill budget gaps by taxing the sports betting market has triggered a broader political fight between city officials, state lawmakers, and the gambling industry. The city is…
New Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has begun reshaping the agency’s approach to prediction markets. Since assuming the position on December 22, he has already appointed a…
A new bill introduced in the House this week would statutorily undo the 90% gambling loss deduction that took effect on January 1, giving the House Ways and Means Committee…
Opposition in the Senate has dealt a blow to efforts to restore the gambling loss deduction to 100%. According to Punchbowl News, Sen. James Lankford (R-OK) believes the 90% cap…
Maine would become the eighth state to legalize iGaming if Gov. Janet Mills puts pen to paper in the coming days on LD 1164. However, a new poll suggests the…
Churchill Downs Inc. has won its legal battle against the Michigan Gaming Control Board (MGCB). U.S. District Judge for the Western District of Michigan Hala Y. Jarbou delivered her decision…
The Alcohol and Gaming Commission of Ontario (AGCO) has fined FanDuel for failing to appropriately identify, respond to, and report suspicious betting activity on the Czech Table Tennis Star Series.…
The Tennessee Sports Wagering Council (SWC) has sent cease-and-desist letters to Crypto.com, Polymarket, and Kalshi. It calls on these prediction market sites to immediately stop accepting business from customers in…
Alabama is one of the most restrictive states when it comes to gambling laws. That could change if U.S. Sen. Tommy Tuberville becomes the new governor. The Republican lawmaker and…
Law enforcement in Lake County, Florida, seized 231 illegal gambling machines and more than $158,000 in cash after raiding three locations after sunset on Jan. 8. Deputies searched The Hub…