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A new US tax law could change the gambling experience for Americans in 2026, with President Donald Trump’s One Big Beautiful Bill Act (OBBBA) could see take-home winnings reduced.
Do you have to pay tax on gambling winnings in the US?
Where previously bettors could deduct all of their losses from their total winnings when calculating their taxable income, the provision would mean that only an...
Concerns around insider war trading are being raised after a Polymarket bet on the Venezuelan President Nicolas Maduro results in a $400,000 cashout.
As pointed out by investor and podcaster Joe Pompliano on X, a brand-new Polymarket account invested more than $30,000 on January 2 in a bet that Maduro would leave power in Venezuela by January 31, 2026. Shortly after, the US then took him into...
After the Scotts Valley Band of Pomo Indians decided to move ahead with a temporary casino in Vallejo despite legal obstacles, a Yocha Dehe Wintun Nation spokesperson responded to the move.
Plans by the Scotts Valley Band of Pomo Indians to open a casino in the city of Vallejo were met with opposition in March 2025, when the Yocha Dehe Wintun Nation and the Kletsel Dehe Nation filed a joint...
The first hearings of 2026 related to banning sweepstakes casinos in Indiana have been scheduled for the coming weeks.
The next step in banning sweepstakes casino gaming is coming in the form of the very first hearings related to the ban in Indiana, with testimony scheduled to be heard around banning Sweeps Coin gameplay at casinos on January 6. The state’s House Public Policy Committee will...
A man from Sun Valley, Nevada, has been given a custodial sentence for embezzling three-quarters of a million dollars from casino locations where he was employed.
Thomas Tonar, 61, worked for Nevada’s Dotty’s Casino locations throughout the state, and as part of a joint police effort, was arrested while on the run with the ill-gotten gains.
A casino employee has been sentenced to prison for...
Two women lured a man to a Bally’s Twin River Casino hotel room, where a third assailant robbed the man at knifepoint.
The news comes from the Lincoln County Sheriff’s Department in Massachusetts, which apprehended the three suspects after the victim reported the crime to police at 1:43 a.m. on December 29, 2025.
Bally’s Twin River casino knife robbery
The man told officers how Naushka Machuca,...
A new study looking at AI large language models (LLM) and gambling suggests that the models show the same unhealthy patterns people do, like loss chasing and the illusion of control.
The research has been carried out by Seungpil Lee, Donghyeon Shin, Yunjeong Lee and Sundong Kim, with the aim of identifying the specific conditions under which LLMs exhibit human-like gambling addiction patterns....
Australia’s communications regulator, the Australian Communications and Media Authority (ACMA), has reaffirmed its firm stance on gambling regulation and recent enforcement actions.
Public scrutiny of the ACMA arose after it emerged that Sportsbet challenged a 2022 enforcement decision and reportedly lobbied the regulator to change the wording of a public announcement about the case.
As ReadWrite...
The sports betting solutions company Kambi Group has announced a multi-year partnership with Pickwin as it’ll expand its presence in Mexico.
Kambi will provide solutions to the sports betting operator, with Pickwin replacing its third-party sportsbook provider with products from the Kambi Group.
The company, which was founded in 2010, also works with other sports betting operators with partners...
The Sports Betting Alliance (SBA) has issued an update after announcing it would be suing the City of Chicago over a new sports betting tax and licensing plan.
The lawsuit was filed in Cook County Circuit Court and aimed to stop the city from enforcing an ordinance that would bring in a 10.25% tax on online sports betting and require operators to get city licenses starting in 2026.
Now, however,...