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Nevada Gaming Control Board Chairman Mike Dreitzer said the CFTC’s latest prediction market rulemaking was expected and argued sports-event contracts are functionally no different from sportsbook wagers.
Oklahoma’s sweepstakes casino market is tightening before SB 1589 takes effect Nov. 1, with Modo restricting Sweeps Coin activity and Stake.us set to leave the state on Oct. 30.
New York regulators advanced proposals that would curb how mobile sportsbooks use AI and require operators to identify and contact patrons who may be at risk for problem gambling.
A federal tax change set for the 2026 tax year would cap gambling loss deductions at 90% of winnings. Rep. Steven Horsford is urging Congress to pass a fix that has already cleared committee.
BetMGM CEO Adam Greenblatt said he expects the Supreme Court to side against prediction markets, while the operator reported higher third-quarter revenue and EBITDA.
A 10-week ProPublica betting experiment found DraftKings and FanDuel issued some responsible-gambling notices while still presenting promotions and other prompts that encouraged continued wagering.
