New Jersey

New Jersey Targets Gambling Advertisements

A New Jersey Senate panel has advanced a trio of gambling advertisements bills aimed at strengthening consumer protections and addressing problem gambling in state online betting markets. The legislation targets sportsbook account restrictions, self-exclusion rules, and advertising in order to reduce gambling-related harms in one of the largest regulated wagering markets in the nation. Approved by the Senate State Government, Wagering, Tourism and Historic Preservation Committee, the legislative package represents a significant push by lawmakers to regulate the rapidly growing industry. One of the central measures, Senate Bill 2356, focuses directly on how gambling advertisements reach the public. The bill…

Trump Backs Fed’s Regulation of Prediction Markets

US President Donald Trump has issued a strong endorsement for regulation of prediction markets, the fast-growing event contract sector. Such a move, however, would establish a direct conflict with several state officials. The White House is arguing for uniform national oversight, while individual states attempt to impose local restrictions and prohibitions. Through a social media statement, the president emphasized the necessity of maintaining the Commodity Futures Trading Commission as the sole regulatory authority over these platforms. He framed the push for federal administration as a way to create a consistent framework for the country, while also linking the sector to…

Congressional Committee on Sports Betting

AGA: Record Breaking US Gambling Revenue

Commercial gaming in the United States reached a new peak in 2025, according to the latest report from the American Gaming Association. Total US Gambling Revenue for the year reached 78.62 billion dollars, marking a 9.1 percent increase over the previous year. This performance represents a significant milestone for the industry as it continues to expand across both physical and digital platforms. The annual State of the States report highlights that nearly every jurisdiction with commercial gaming operations saw financial gains. Out of 38 states plus the District of Columbia, 34 jurisdictions set new annual records for US Gambling Revenue….

The Gambling vs Investing Mentality

The rise of digital betting platforms is creating a financial literacy crisis as the distinction between gambling vs investing becomes increasingly blurred for a new generation of participants. While both activities involve risk and uncertain outcomes, the underlying mechanics of each create vastly different financial results over time. Investing is fundamentally based on the concept of ownership. When individuals purchase stocks, bonds, or other assets, they are acquiring a claim on future cash flows and productive assets. This process relies on the compounding engine of the economy to build wealth over a long time horizon. In contrast, gambling is designed…

US Internet Betting

US Gambling Revenue Up 4.6% in February

The United States commercial gaming industry reported a notable increase in its monthly performance for February, with US gambling revenue climbing 4.6 percent compared to the same period last year. According to the latest Commercial Gaming Revenue Tracker from the American Gaming Association, the industry generated total monthly revenue of 4 billion dollars. This growth was largely supported by the resilience of traditional land based casinos and a significant surge in the digital gaming sector. Traditional brick and mortar casino operations saw a 3.9 percent year over year increase in revenue. A key driver for this segment was the performance…

US Senate Bill to Ban Prediction Markets

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…