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Category: News
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Americans Spend Record $27 Billion On Online Gambling
State-sanctioned online casinos and sportsbooks generated $27.1 billion in gambling revenue from US players in 2025. These sportsbook apps and websites took in $16.37 billion last year, while online casinos won $10.74 billion. Both amounts rose by more than 20% compared to 2024. Eight states sanction online casinos, while 32 regulate online sports betting. States…
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Kentucky Derby Owner Warns Prediction Markets Over Illegal Bets
The Kentucky Derby owner has warned prediction markets not to take bets on May’s race. In an earnings call on Thursday, Churchill Downs CEO Bill Carstanjen said that his company has not given any prediction market permission to facilitate gambling on the Kentucky Derby. In 2025, Polymarket, a leading prediction market, had around $1.2 million…
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What Is Problem Gambling? Signs In February 2026
Problem gambling involves losing the ability to control your gambling activity, leading to adverse effects on your life.
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Exercise Caution If Betting State Of The Union Odds
Consider exercising caution if you’re betting on websites offering odds on President Donald Trump’s State of the Union address on Tuesday, Feb. 24. As of Tuesday afternoon, more than $22.5 million had been traded on the leading prediction markets. Platforms such as Kalshi and Polymarket offer gambling on what Trump will say during the speech.…
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Do Betting Win/Loss Statement Trackers Reduce Harm?
New York sports betting platforms may soon periodically deliver users’ win/loss statements for their gambling. The statement notifications would not be optional. Assemblywoman Rebecca Kassay, a Democrat, introduced Assembly Bill A10329 on Feb. 20, 2026. Her legislation would require operators to send monthly win/loss statements without user request. The bill is not designed to encourage…
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