News

Stake.us, Modo Change Oklahoma Offerings Ahead of Sweepstakes Ban

Stake.us and Modo are adjusting their Oklahoma products ahead of a new state law that bans dual-currency sweepstakes casinos starting Nov. 1.

Atlantic City casinos could get NYC ferry link by summer 2027

Seastreak is in early talks on a possible ferry route from lower Manhattan to Atlantic City, with a trial service eyed for Memorial Day 2027.

Jalen Smith Sentenced to 6 Years in NCAA Point-Shaving Case

Jalen Smith, identified by prosecutors as a fixer in a wide-ranging NCAA point-shaving scheme, was sentenced to 72 months in federal prison and ordered to pay about $1.1 million in restitution.

FanDuel VIP Program Draws New Questions From Lawmakers

FanDuel is facing renewed scrutiny after lawmakers asked for records tied to its VIP program, including personalized celebrity videos and data on how recipients were chosen.

Nevada gaming chief says CFTC prediction market push blurs line with sports betting

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.

Modo and Stake.us Restrict Oklahoma Access Ahead of SB 1589

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 advances sportsbook AI limits and problem gambling rules

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.

Rep. Steven Horsford Presses Congress To Restore Full Gambling Loss Tax Deduction

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 says Supreme Court is likely to rule against prediction markets

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.

ProPublica test puts DraftKings and FanDuel responsible-gambling safeguards under the spotlight

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.