Michael Molter 
New York lawmakers are weighing a bill to eliminate state-level gambling loss tax deductions following recent federal changes. Meanwhile, Missouri and New Jersey continue reshaping their legal sports betting markets with new restrictions and licensing rules. ALBANY, N.Y. – From tax reform in New York … Read more
A new bipartisan bill, the FAIR BET Act, aims to reverse a controversial tax rule buried in President Trump’s recently signed One Big Beautiful Bill. Introduced by Reps. Dina Titus and Ro Khanna, the legislation would restore gamblers’ ability to fully deduct losses against winnings. … Read more
Governor Newsom publicly rejected the attorney general’s view that daily fantasy sports are illegal under California law. The governor stated that the opinion has no legal effect and called for further debate in the legislature or courts. Industry leaders echoed Newsom’s stance, saying DFS remains … Read more
President Donald Trump is expected to sign the One Big Beautiful Bill Act into law Friday, finalizing a massive legislative package that touches everything from infrastructure to taxes. The change could signal a desire for bettors to move back to offshore sportsbooks. WASHINGTON – Buried deep … Read more
Luis Ortiz has been placed on paid leave amid an MLB investigation into alleged gambling activity, just hours before he was set to start against the Cubs. He’ll remain sidelined through the All-Star break, but Ortiz’s case follows a string of high-profile betting scandals across … Read more
Fewer than 0.6% of U.S. sports bettors report gambling income to the IRS, and over 90% lose money annually. The proposed tax change targets high-stakes professionals, not casual fans betting $20 on the Cowboys. WASHINGTON – Everyone’s panicking over the Senate’s version of the One … Read more
A new gambling bill could cost up to 20,000 Dominican jobs and shut down over 3,500 sports betting shops. Industry leaders claim the proposal favors large operators and threatens local economic stability. SANTO DOMINGO, Dominican Republic — A gambling reform bill pushed by President Luis … Read more
Underdog Fantasy has filed an emergency lawsuit in California, aiming to stop Attorney General Rob Bonta from issuing what could be a game-changing opinion on the legality of daily fantasy sports (DFS) in the state. SACRAMENTO, Calif. – Filed in Sacramento Superior Court, the Underdog … Read more
NBA free agent Malik Beasley is under federal investigation for allegedly betting on NBA games and player props during the 2023–2024 season while with the Milwaukee Bucks. Suspicious betting activity flagged by a major U.S. sportsbook reportedly centered on Beasley’s stats, making him the third … Read more
New Zealand has granted TAB NZ exclusive rights to online sports betting while preparing to launch a regulated iGaming market in 2026. Gauteng, South Africa, legalized online casinos with strict consumer safeguards, new tax policies, and zoning restrictions. Both moves highlight a growing global consensus: … Read more
New Jersey hiked its online gambling tax to 19.75%, up from 13% for sports betting and 15% for iGaming. Operators tied to low-revenue casinos like Caesars Atlantic City, Ocean Casino, and Monmouth Park may face an existential threat. Rising costs and shrinking margins could push … Read more
Critics call California AB 831’s last-minute amendment a ‘backroom ban’ as the tribal-backed bill is changed to target casino-style digital games. SACRAMENTO, Calif. – California lawmakers have launched a dramatic new front in the nationwide crackdown on online sweepstakes casinos. Assembly Bill 831, once a … Read more