The gambling industry in the United States is highly developed. Cities like Las Vegas are famous for their large casinos, offering a wide variety of gambling options. Additionally, lotteries are also popular nationwide with a variety of types available. Furthermore, some regions also allow legal spo
The Michigan Gaming Control Board recently launched a massive enforcement action, issuing cease and desist orders to 45 offshore operators suspected of providing unlicensed online casino and sports betting services to residents of the state within just four months. From Americas Card Room to CandyLa
On April 2nd a year ago, former U.S. President Trump announced a comprehensive tariff policy adjustment known as "Liberation Day," which overturned the global financial markets. According to data from the Council on Foreign Relations think tank, this policy caused the average effective tariff rate i
On April 2nd a year ago, former U.S. President Trump announced a comprehensive tariff policy adjustment known as "Liberation Day," which shook the global trade system. A year later, the gambling industry suppliers are still feeling the pressure from the capricious tariffs and their chain effects. Ac
In recent years, state and tribal gaming regulatory bodies in the United States have accomplished a remarkable feat: within just a few years, they have established the world's leading legal sports betting and online gaming markets, protected consumers, generated significant public revenue, and repla
The North American division of La Liga and the US prediction market platform Polymarket recently reached a multi-year cooperation agreement, marking the first time a major European football league has designated a prediction market operator as an official regional partner. This exclusive partnershi
Kalshi recently achieved a mixed result of one win and one loss in two legal battles in Nevada and New Jersey, ending up in a draw. Last Friday, Judge Jason Woodbury of the First Judicial District Court of Nevada approved the state's preliminary injunction against Kalshi and extended the temporary r
National Public Radio in the United States, citing the latest report from the Federal Reserve Bank of New York, points out that there is a significant correlation between sports betting and the sharp deterioration of consumer credit conditions in over 30 states where sports betting has been legalize
The National Football League found itself in an awkward position at the beginning of April: for the first time since 2021, it had no official sports betting partners. Its nearly $1 billion agreements with FanDuel, DraftKings, and Caesars Entertainment expired on March 31 and were not renewed. Accord
On April 4th, a judge in Nevada, USA, ruled that the sports prediction market products offered by the Kalshi platform are "indistinguishable from gambling activities" and decided to extend the previously issued temporary restraining order, while also approving the preliminary injunction proposed by
The U.S. Commodity Futures Trading Commission recently joined forces with the Department of Justice to file federal lawsuits against Arizona, Connecticut, and Illinois, escalating a long-standing dispute over jurisdictional authority in predictive markets. The CFTC asserts that event contracts based
Recently, a group of card room operators in California have joined forces to take legal action to prevent a new gambling regulation that will take effect on April 1. The California Gaming Association, composed of several card rooms, has applied for a preliminary injunction at the San Francisco Super
American gambling giant DraftKings recently quietly launched a new product in Oregon called DK Replay. Its special feature is that the betting target is not an ongoing game, but historical MLB data. Simply put, it repackages completed baseball games into bettable "puzzles". The PASA official website
The U.S. prediction market platform Kalshi made a high-profile entry into Brazil, causing a significant "earthquake" in the local gambling industry. There is a division within the industry about who should regulate these products and whether to act quickly or slowly. Some believe that they should be
Major League Baseball announced this week a multi-year exclusive partnership with the forecasting market platform Polymarket, while also signing a memorandum of understanding with federal regulatory authorities to strengthen integrity protection while embracing emerging markets. MLB thus joins the r
The American Gaming Association estimates that during the 2026 NCAA Tournament, the betting amount will reach $3.3 billion. In this betting frenzy, a group of people are strictly prohibited from participating—the referees officiating the games. Last week, the NCAA announced a partnership with Integr
This week, the U.S. Commodity Futures Trading Commission released two documents that may outline the coexistence of prediction markets and sports betting. One is a recommendation for designated contract markets, emphasizing that innovation must occur within the framework of the Commodity Exchange Ac
