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 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,
Flutter Entertainment's brand FanDuel announced that it will launch a prediction market service in states where sports betting has not yet been legalized in the US, following a similar move by competitor DraftKings. CEO Peter Jackson noted that this strategy aims to tap into new user groups while ad
"The American Financial Times" has released the latest data, showing that global online gambling (iGaming) is entering a new growth cycle. By 2029, the market size is expected to reach $186.6 billion, compared to $117.5 billion in 2025, with a compound annual growth rate of 12.3%.Europe remains the
PrizePicks has officially obtained an interactive fantasy sports operating license from the New York State Gaming Commission (NYSGC), marking the Atlanta-based operator's re-entry into the key US gambling market after being fined $15 million for unlicensed operations. This return is based on PrizePi
Las Vegas's major casinos, after reaching a historic settlement with the Nevada Gaming Control Board, claim to have significantly improved compliance culture, yet still generally resist the introduction of independent anti-money laundering monitoring agencies. In the first half of 2025, MGM Resorts,
Virginia legislators have paused the consideration of bills to legalize iGaming to allow for further research and the consideration of establishing a new state gaming commission. Senators Mamie Locke and Representative Marcus Simon introduced bills SB827 and HB2171 in January 2025, respectively, but
Original: https://www.gov.uk/government/news/uk-and-us-take-joint-action-to-disrupt-major-online-fraud-networkThe following content is an unchanged translation of the original:The UK and US governments today (October 14) jointly sanctioned a criminal network operating illegal scam centers in Southea
Washington News — The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN), in collaboration with the UK's Foreign, Commonwealth & Development Office (FCDO), announced the largest joint action to date against Cambodia's "Prince Grou
