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322 articles on United States, newest first. For the regulator, licensing, tax and legal status, see the United States profile.
The American Gaming Association's strategic adviser told CNBC that Michael Selig misled the President about how the state cases are going, and that prediction market chiefs were uninvited from last week's White House event. The second claim is the one worth checking.
A soldier is charged with turning $33,000 into more than $400,000 on contracts predicting the capture of Nicolas Maduro. Five days earlier, the CFTC chairman called the Venezuela example fake news.
A two-page letter to the Ninth Circuit argues that a company claiming federal law bars state regulation cannot then accept a state tax on the same contracts. The panel has been sitting on this case since April.
The White House has set a hard deadline, Trump has called the bill very powerful, and prediction markets have cut its odds from 82% to about 25%. Republicans hold 53 seats and cloture needs 60.
A King County judge has ordered sports, elections, politics, entertainment and "mentions" markets out of the state, and left commodities, climate, economics and finance in place. The line the court drew is by subject, not by structure, and that is the part with consequences beyond Washington.
The two largest US prediction market venues moved on the same product on the same day, in opposite directions. Parlays are the sportsbook's highest-margin invention, and both of them reached the market by self-certification.
The CFTC convened its Innovation Advisory Committee for the first time and the prediction markets session turned into an argument between the chairman of the largest US derivatives exchange and the regulator. The number Terry Duffy brought was 2,500, and nobody disputed it.
The Gaming Commission voted 3-0 and one commissioner said the people he wanted in front of him were not there. Of the $3.6 million Mathew Bowyer lost at the property, $88,000 came on the current owner's watch. It is paying for all of it.
A Schedule 13G filed on 7 August puts the billionaire behind 28,581,386 DraftKings shares. He already controls more than a quarter of Flutter, and his vehicle Candle Lake has an unsolicited bid on the table for Evolution. One investor now sits across both halves of the US duopoly.
Twenty-eight Chicago alderpersons have formally demanded that Mayor Brandon Johnson order Bally's to resume full construction at its River West casino site, warning of potential legal action after the operator cited VGT legalisation as grounds to slow work on the hotel, event centre and restaurants. At least one council member suspects the real issue is cash flow.
A report commissioned by the Campaign for Fairer Gambling estimates that unlicensed online gambling operators generated $97.4 billion in US revenue in 2025, growing at nearly twice the pace of the regulated sector and raising pointed questions about whether legalisation is containing or expanding overall market harm.
The Commodity Futures Trading Commission is running at least 20 insider-trading investigations drawn solely from referrals by Kalshi, yet has brought civil charges against just three prediction market traders so far, according to a New York Times investigation. The gap between referrals and enforcement is widening just as sports event contracts drive trading volumes to record highs.
Twelve of Missouri's 13 licensed casinos posted year-over-year gains in July, with slots and table games both growing, though the state has no online casino channel to amplify the trend the way neighbouring markets have.
The Nevada Council on Problem Gambling is set to terminate its affiliate membership with the National Council on Problem Gambling this month, citing a fundamental disagreement over the NCPG's two-year partnership with Kalshi. Michigan's gaming regulator has already walked, and other state councils are said to be weighing the same step.
Illinois casino revenue climbed to $192.7 million in July, its strongest year-over-year performance in recent months, with two Hollywood Casino properties delivering triple- and double-digit gains after completing moves from riverboat to land-based formats. Neighbouring Iowa tells a contrasting story, with aggregate revenue falling 6% as most of its 19 casinos shed ground.
The federal derivatives regulator has ordered a prediction market to stay open in the state trying to shut it down, and it did so before any court has ruled on the motion.
A Connecticut federal judge has rejected both halves of Kalshi's legal theory in a single order, finding its sports contracts are not swaps and that federal commodities law would not displace state gambling powers even if they were. The pause Kalshi has held since December is gone.
The Wisconsin Institute for Law and Liberty has filed a constitutional challenge to Wisconsin's newly enacted tribal-only online sports betting law, arguing the legislature exceeded its authority and that the tribal-exclusive model violates equal-protection principles. The outcome could reshape how the hub-and-spoke framework is tested across the country.
New York Governor Kathy Hochul has taken the state's $36 billion lawsuit against Kalshi to social media, accusing the prediction market operator of "turning cancer patients into prop bets" over its FDA drug-approval contracts. Kalshi's co-founder fired back within hours, and Harvard Medical School researchers have separately asked the CFTC to ban the markets entirely.
Wynn Resorts posted a stronger-than-expected second quarter, with group revenue climbing 7% year-on-year to $1.86 billion and net income more than doubling, but a six-month delay and $600 million budget overrun at its UAE resort cast a shadow over the results. The headline numbers confirm that Macau's mass market, not VIP, is now driving the company's Asian growth.
A federal judge in Utah has ruled against Kalshi's latest attempt to prevent a state from enforcing its gambling laws against the prediction-market operator, extending a string of legal setbacks that have repeatedly undermined the company's federal-preemption strategy at the state level.
Flutter's outgoing CEO Peter Jackson has confirmed FanDuel is content to act as a futures commission merchant directing users to third-party exchanges, positioning the operator ahead of a proposed CFTC rule that would restrict the market-making activities of exchange-affiliated firms. The strategy is forecast to generate $50 million this year, even as overall US performance falls short of plan.
Novig, the prediction market operator trading as Ludlow Exchange, has filed suit in the Southern District of New York against the state's gaming commission and attorney general, the latest legal flashpoint in a rapidly escalating state-by-state battle over whether prediction markets constitute illegal gambling. The complaint lands as the sector faces simultaneous legal pressure across multiple jurisdictions.
Flutter Entertainment has announced that Peter Jackson will leave as group chief executive on 1 October, handing over to international president Dan Taylor at a moment when US sportsbook revenue has fallen 15% year-on-year and the company's market capitalisation has dropped from $50 billion to below $20 billion in under a year.