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
Arizona's gaming regulatory body recently showed a "red card" to fantasy sports operator Underdog. On December 5th, the Arizona Department of Gaming (ADG) formally notified Underdog of its intention to revoke its fantasy sports operator license in the state, due to the company's partnership with cry
Last week, the gambling industry witnessed a significant shift: the star operator Underdog officially announced that it will shut down its sports betting business in North Carolina on December 16, focusing all its efforts on the prediction markets. This is not an isolated event, but a reflection of
In the sports betting market, strategic adjustments occur from time to time. The American operator Underdog recently announced that it will shut down its only sports betting platform in North Carolina and shift its business focus entirely to the prediction market.Business Closure and Customer Settl
The American Sports Betting Alliance has welcomed a new leader. Joe Maloney, former Senior Vice President of the American Gaming Association, has officially taken over as the President and CEO of the alliance. This personnel change comes at a critical time in the industry's development, with the all
Don't get excited just yet, this is still just an "idea". U.S. President Trump recently expressed to reporters on Air Force One that he is considering whether to cancel the federal income tax on gambling profits. This statement suddenly pushed the topic of U.S. gambling taxation, a professional issu
A $700 million large-scale casino resort project in Vallejo, California, recently encountered major trouble. The U.S. Department of the Interior sent a letter to the Scotts Valley Pomos tribe in early December, stating that the gambling qualification decision granted in January "may be based on a le
2025 was a tumultuous autumn for the American sports betting industry, with a series of scandals involving athletes, bookmakers, and casinos from the beginning to the end of the year, pushing old issues such as sports integrity and regulatory effectiveness back into the spotlight. From the massive t
The tug-of-war between U.S. regulators and emerging prediction market platforms continues to heat up. Recently, the Louisiana Gaming Control Board (LGCB) issued a stern warning letter, explicitly classifying sports event contracts (i.e., prediction market products) as illegal sports betting, and war
Recently, the regulatory storm over "dual currency" lottery games in the United States has intensified. Following the official signing of the ban by Governor Kathy Hochul of New York, legislators from Florida, Indiana, and Maine quickly followed suit, submitting new prohibition bills. These series o
Two years after the major cyberattack in 2023 that crippled the Caesar and MGM systems, Nevada's gaming regulatory body is finally updating its rules. The Gaming Control Board recently held a workshop proposing to drastically reduce the reporting time for operators after a cyberattack from the curr
Despite the unanimous recommendation of three finalists by the New York State Casino Site Selection Board this week, it does not mean they are sure winners. A detailed 30-page analysis report shows that the board is filled with "disappointment" and "concern" about these proposals, far from the optim
Recently, the US prediction market platform Kalshi faced a class action lawsuit, which pushed the debate over whether "event contracts" are considered gambling directly to federal court. The plaintiffs come from six states, and their core accusation is interesting: they claim that market makers on t
After months of preparation, the sports betting market in Missouri, USA, officially opened at midnight recently, making the state the 39th jurisdiction in the US to legalize sports betting. Eligible residents and visitors can now place bets through online platforms and designated physical locations,
After years of fierce competition and political maneuvering, the much-anticipated casino license for New York City and its surrounding areas is about to be settled. From more than ten competitors initially to just three remaining, the New York State Gaming Facility Location Board will convene on Dec
Illinois sports betting tax reform is triggering a chain reaction, with state lawmakers uniting against Chicago Mayor's proposed city-level surcharge on online betting amid a backdrop of increased state taxes leading to a decline in betting volume but a record total betting amount of $1.42 billion.B
New York casino licensing is in its final sprint as the December 1 deadline approaches. The state gaming commission's on-site inspections and a sudden lawsuit from the United States Tennis Association have complicated an already suspenseful competition. The fate of the three finalists—Resorts World,
