Two United States senators have introduced a new legislative measure titled the End Prediction Markets Corruption Act aimed at preventing federal officials from participating in event based trading. Senators Jeff Merkley and Amy Klobuchar filed the bill on Thursday following reports of trades that suggested the use of nonpublic government information for financial gain. The proposed law would establish a comprehensive prohibition for the highest levels of the federal government. Under the measure, the president, vice president, and all members of Congress would be strictly forbidden from buying or selling event contracts on any Prediction Markets. The legislation also extends…

The United States commercial gaming industry achieved a significant financial milestone in 2025 as national gambling revenue reached a record high of 78.72 billion dollars. This figure represents a 9.2 percent increase over the previous year and marks the sixth consecutive year of growth for the sector. Data from the American Gaming Association indicates that the surge was fueled by gains across all major verticals, including traditional casino gaming, sports betting, and online gaming. Traditional brick and mortar casino gaming remained the largest contributor to the total, expanding 2.3 percent to 50.94 billion dollars. However, the most rapid growth occurred…

A Wynn Resorts cyberattack has been confirmed, as the Las Vegas resort was the target of a significant data breach after a cybercriminal group known as ShinyHunters claimed to have exfiltrated sensitive information from the company. The public first learned of the attack when the resort operator was listed on the group’s data leak website in late February 2026. The hackers initially demanded a ransom of approximately 1.5 million dollars in Bitcoin and threatened to release over 800,000 records if their demands were not met. According to company statements and cybersecurity reports, the cyberattack primarily targeted employee data rather than…

FanDuel credit card deposits will soon be a thing of the past, as the operator has announced a major change to its payment policies. FanDuel has confirming that it will stop accepting credit cards for deposits across its United States platforms starting March 2, 2026. This decision applies to all of the company’s primary offerings, including FanDuel Sportsbook, FanDuel Casino, and FanDuel Racing. The company stated that the move follows an evaluation of its payment methods conducted over the last several months. According to a company spokesperson, the decision to remove this funding option was made to improve the deposit…

Federal lawmakers have introduced the FULL HOUSE Act, new bipartisan legislation aimed at reversing a recent change to the tax code that limits how much taxpayers can deduct in gambling losses. The Facilitating Useful Loss Limitations to Help Our Unique Service Economy Act was formally introduced in the House of Representatives by Steven Horsford of Nevada and Max Miller of Ohio. The legislation seeks to restore a decades-old tax standard that allowed individuals to deduct 100 percent of their wagering losses against their winnings. This standard was recently altered by a provision in a larger tax reform package which reduced…

Maine online casino regulation has become a reality, as lawmakers there have reached a significant milestone in the expansion of the state gaming industry. Maine now becomes the eighth state in the country to legalize online casinos. The move follows months of legislative debate and a final push to establish a regulated framework for digital gambling. The new legislation allows for a variety of online casino activities, including digital slot machines and table games such as blackjack and roulette. Under the approved framework, the Wabanaki Nations hold exclusive rights to operate online casino platforms. This structure mirrors the existing sports…