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Stay Updated with All the News

Discover all the news and updates from Trueigtech—your go-to source for everything in casino games, social media games, sweepstakes casinos, slot games, and interactive entertainment. Stay informed with in-depth stories, feature releases, game innovations, industry trends, and behind-the-scenes insights from the world of gaming and technology.

News in Trueigtech
Date: 06-01-2026

Indiana Lawmakers Debate Casino Sweepstakes Ban Starting January 6

Indiana's House Public Policy Committee begins debate on House Bill 1052 today, January 6, targeting a ban on Sweeps Coin play at sweepstakes casinos using dual-currency models. The bill focuses narrowly on online games where players use one coin for fun and Sweeps Coins for cash prizes like slots, poker, and sports betting, without regulating suppliers or affiliates. Packaged with horse racing, sports betting, and tobacco rules, it leads 2026 state actions, following similar proposals in Maine (January 14) and Florida. Operators might redesign to evade the definition.

Date: 02-01-2026

California Bans Sweepstakes Casinos Statewide from January 2026

California Governor Gavin Newsom has signed AB831, banning sweepstakes and social casinos statewide from January 1, 2026, making the country’s largest state by population the most significant market to exit this sector. The law targets dual-currency social casinos that use gold coins and redeemable sweeps coins but do not classify as traditional real-money gambling. The bill advanced through the legislature with unanimous, bipartisan support, prompting major brands such as Ruby Sweeps, High 5 Casino, Carnival Citi, and Dora Casino to leave California early. Industry group SGLA, which advocated regulation over prohibition, cites surveys showing strong public support for regulated social gaming.

Date: 31-12-2025

Tennessee Cracks Down on Illegal Sweepstakes Casinos

Tennessee Attorney General Jonathan Skrmetti issued cease-and-desist letters to nearly 40 online sweepstakes casinos, deeming their dual-currency model an illegal lottery under state law. Platforms like Chumba, Stake.us, McLuck, and WOW Vegas have restricted access for Tennessee users or agreed to shut down operations soon. Skrmetti warned these unregulated sites prey on consumers without fairness protections, joining states like New York and California in banning such platforms. Tennessee permits only its lottery and sports betting.

Date: 24-12-2025

Texas Sweepstakes Casinos Thrive in Legal Grey Zone Amid Mounting Regulatory Pressures

Sweepstakes casinos operate in Texas's strict anti-gambling landscape by using virtual coins and sweepstakes entries, bypassing real-money betting bans while offering slots and table games. Positioned as promotional giveaways, they avoid Texas's three gambling elements, consideration, prize, and chance, despite operating in a legal grey area with minimal enforcement. Recent SB517 advanced new definitions for "gambling devices" and "thing of value," potentially targeting virtual currencies, following bans in states like California (AB831), Michigan, Connecticut, Nevada, and New Jersey. Governor Abbott rejected broader casino legalization, but stakeholders plan renewed pushes. For now, these platforms remain Texans' primary casino alternative.

Date: 12-12-2025

California Sweepstakes Ban Forces Major Casino Exits in December 2025

Governor Gavin Newsom signed AB831 into law on October 11, 2025, banning sweepstakes casinos statewide from January 1, 2026, after unanimous legislative approval. In response, top platforms are accelerating exits: Pulsz ends Sweeps Coin (SC) play on December 15, Legendz on December 25, McLuck on December 29, and Stake.us fully withdraws by December 30. Earlier, sites like High 5 Casino, MegaBonanza, PlayFame, SpinBlitz, and Hello Millions halted operations or marketing, while Pragmatic Play pulled games amid lawsuits. Remaining operators may shift to Gold Coins (GC) only for fun play post-ban, reshaping California's iGaming landscape.

Date: 09-12-2025

Indiana Lawmakers Move to Ban Dual Currency Sweepstakes in the State

Indiana joins the list of States in the USA seeking to ban dual currency systems used in casino-style gaming and sports wagering platforms. Representative Ethan Manning introduced House Bill 1052, where the piece of legislation proposes several changes related to the law of the state concerning horse racing, responsible gaming, and online sweepstakes. The bill, which is only under discussion, also talks about levying a fine of $100,000 against individuals and operators for violating the rule.

Date: 06-01-2026

Legislation Coming to Put a Ban Federal Officials from Trading on Prediction Markets

Given the access to information with federal officials, Representative Ritchie Torres (D-NY) is preparing legislation to prohibit federal officials from trading on prediction markets, especially when they have access to non-public information. Once passed, the bill will restrict officials from buying, selling, and exchanging prediction market contracts that are linked to government policy and political outcomes.

Date: 30-12-2025

FanDuel Launches its Prediction Market - Debuting in 5 States 

Launched via a CME, FanDuel prediction market joins a growing number of CFTC-regulated platforms in the USA. FanDuel’s arch rival, DraftKings took the lead by launching their platform last week across 38 States. FanDuel and its parent company, Flutter Entertainment, are proceeding more cautiously here as they are targeting Alaska, Alabama, South Carolina, North Dakota, and South Dakota.

Date: 24-12-2025

Coinbase is Acquiring Prediction Market Startup - The Clearing Company

Coinbase is on the path to acquiring The Clearing Company, a prediction markets startup that has recently completed its seed investment round grabbing $15 million. The yet to be finalized deal follows the acquirer, Coinbase’s recent expansion into prediction markets is expected to be closed in January 2026. The crypto exchange operator has recently started rolling out prediction market on its existing platform where users can trade on real world outcomes like elections, economics, sports, etc on the same interface.

Date: 12-12-2025

Gemini Crypto Exchange Gains CFTC Approval to Operate as Prediction Markets

Gemini Cryptocurrency exchange has now received the necessary approvals from federal regulators to operate prediction markets. Gemini filed for a CFTC approval as Gemini Titan LLC and is now registered as a Designated Contract Market (DCM). Gemini’s DCM status now shows designated which has been showing pending since May 2025.

Date: 09-12-2025

MetaMask Integrates Polymarket into their Platform to Offer Prediction Market Functionality

MetaMask has integrated Polymarket prediction market into its mobile application allowing users to trade on Polymarket’s events and markets through MetaMask’s frontend. MetaMask is the largest Ethereum wallet on the blockchain and this integration means the users can trade on the future outcomes of real world events inside the MetaMask wallet.

Date: 28-11-2025

TIME News and Galactic Partner to Launch a Prediction Market for News Events

In a first, TIME News will launch a prediction market alongside Galactic where readers can engage with dynamic and story-driven content. The AI-powered interactive prediction marketplace will help readers explore, interpret, and predict what happens next in different domains. Using Galactic’s prediction market Predictor.io it will power TIME markets and their partnership with Truth Network will provide the blockchain infrastructure to run and manage the markets. This will help TIME understand which content readers are engaging with the most through real-time insights.

Date: 21-11-2025

Coinbase is Set to Launch Prediction Market Powered by Kalshi

As Polymarket is preparing for its re-entry into the USA prediction market industry, Coinbase is showing signs of taking the prediction market route. According to some leaked interfaces and Coinbase’s December 17 System Update event, people have seen hints that the crypto exchange will unveil its new products and updates in relation to prediction marketplace. Screenshots shared by independent researcher Jane Manchun Wong suggested that Coinbase is testing interfaces for prediction market and tokenized stock trading.

Date: 31-10-2025

Donald Trump’s Social Media Social Media Company to Launch Prediction Betting Marketplace

Observing the rise of prediction marketplaces and their popularity, Trump’s social media company Trump Media and Technology Group will soon launch a prediction betting marketplace on Truth Social. Using the platform’s popularity and infrastructure, this prediction marketplace will allow users to gamble on sports and politics directly on the platform.

Date: 24-10-2025

NHL Partners with Kalshi and Polymarket in a Multi-Year Deal to Use Leagues Data and Logos

Two of the most popular prediction marketplaces can now use NHL’s data and its logos on their platform. This partnership increases the scope of both the prediction marketplaces to include markets about the NHL and all the games outcomes. Earlier too, Polymarket and Kalshi were offering prediction markets but by naming cities. But now they are allowed to use the league’s logo and team names to build markets.

Date: 06-01-2026

PlayUSA.com on Caesars’ Branded Megaways Slot

PlayUSA.com reports that Caesars Entertainment has debuted its first Caesars-branded Megaways online slot, Caesars Palace Hypernova Megaways, now live on Caesars’ online casino platforms in regulated markets. The launch strengthens Caesars’ exclusive content strategy to boost player engagement and brand differentiation in competitive iGaming regions.

Date: 02-01-2026

SouthTahoeNow.com on Nevada Gaming Revenue Trends in Lake Tahoe

SouthTahoeNow.com reports that casino gaming revenue on the South Shore of Lake Tahoe declined by 4.57% year-over-year in November, even as Nevada’s statewide gaming win increased by 2.39%, reflecting uneven regional performance. While South Shore casinos saw lower monthly results driven by softer slot and table game wins, the area remains up nearly 7% fiscal year-to-date, indicating longer-term stability. The report highlights how stronger growth in markets like Reno and the Boulder Strip helped offset localized slowdowns, underscoring shifting demand patterns across Nevada’s gaming landscape.

Date: 31-12-2025

DraftCountdown.com on AI’s Impact in Real Money Online Casino NZ Game Design

DraftCountdown.com highlights how AI is revolutionizing real money online casino game design in New Zealand, enhancing personalization, fairness, and responsible gaming. AI helps tailor player experiences, detect fraud, support responsible play, and improve customer service through smart automation, making it a key driver of innovation in the NZ online casino industry.

Date: 09-12-2025

Online Gaming Market Growth and Strategic Developments

The latest report from OpenPR highlights the ongoing growth and strategic developments in the global online gaming market. Curated by industry analysts, the report showcases emerging trends such as mobile gaming expansion, cloud gaming, AR/VR integration, and AI-powered personalization. It details how leading companies are adopting new business models, forming partnerships, and pursuing acquisitions to strengthen their market presence. This news piece ensures stakeholders stay informed on the latest market dynamics, helping investors and businesses understand opportunities in the rapidly evolving digital gaming landscape.

Date: 06-01-2026

Caesars Launches Branded Megaways Slot to Strengthen Proprietary Online Casino Content
Caesars Entertainment has debuted its first branded Megaways slot, Caesars Palace Hypernova Megaways, marking a strategic move to expand exclusive content across its regulated online casino platforms. The title is based on ReelPlay’s Hypernova Megaways mechanics and is distributed via Light & Wonder, reinforcing Caesars’ focus on differentiated, in-house branding within iGaming. The slot has launched across multiple regulated markets, including New Jersey, Michigan, Pennsylvania, and Ontario. For the B2B sector, the release highlights how major operators are leveraging branded slot content and established game engines to drive player engagement, retention, and platform identity in competitive regulated markets.

Date: 31-12-2025

SlotGPT Launches AI Slot Creator That Lets Players Build Custom Games
SlotGPT has launched a new AI-driven platform that enables users to create full slot games from simple text prompts, turning players into game creators without coding experience. The system has already generated nearly 27,000 unique titles and covers every part of a game, from visuals and mechanics to sound, with each submission reviewed before publishing. Through an integration with Stake.com, one of the largest global online casinos, creators can distribute their games to millions of players. SlotGPT includes moderation tools to block inappropriate content and offers a pathway for anyone to explore personalized slot design and gameplay.

Date: 12-12-2025

Fruit Blast Slot Game Review Highlights Cluster Pay Mechanics and Level Progression

Fruit Blast is an online slot game from Skillzzgaming that combines cluster-pay mechanics with level progression to create a dynamic playing experience. In this game, players form clusters of identical fruit symbols to earn stars and progress through levels. As players advance, their payout percentage increases, potentially reaching about 96.12% at higher levels from an initial 94.02%. The game features multiple bonus rounds, a high-variance payout structure, and a jackpot worth up to 1,000 times the stake. Bets range from €0.80 to €100. While entertaining and popular at many international casinos, the review notes that patience and strategy are key to unlocking its full potential.

Date: 12-12-2025

Train of Gold X-Mas: Hold & Win Delivers Festive Spins and Bonus Action

Train of Gold X-Mas: Hold & Win is a holiday-themed slot from Onlyplay that blends classic fruit machine style with modern bonus mechanics. Set on a 5×3 grid with five paylines, the game features medium volatility, a 95 % RTP, and a maximum win potential of 2,715 times the bet. Players aim to trigger the Hold & Win bonus by landing a Train symbol alongside Coin symbols, unlocking respins and jackpot prizes. Additional features include a Wild symbol, a Bonus Chance ante bet to increase feature frequency, and an optional Bonus Buy. The festive visuals and engaging bonus rounds make it a solid seasonal release.

Date: 08-05-2025

Pennsylvania Gives Green Light to Land-based Casinos to Structure Slot Floors According to Requirements.

Pennsylvania based land-based casinos now have greater operational flexibility related to slot machines. Changing the earlier requirements Category 1 and Category 2 casinos must follow to have a minimum of 1500 slot machines, the Senate Bill 666 now instructs them to adjust the number of slot machines according to floor and business needs. Does this mean changes will be made to the online slots and their operations are yet to be seen?Pennsylvania based land-based casinos now have greater operational flexibility related to slot machines. Changing the earlier requirements Category 1 and Category 2 casinos must follow to have a minimum of 1500 slot machines, the Senate Bill 666 now instructs them to adjust the number of slot machines according to floor and business needs. Does this mean changes will be made to the online slots and their operations are yet to be seen?

Date: 06-01-2026

Plannatech USA Moves to Acquire Prime Sportsbook Amid Chapter 11 Filing

Plannatech USA is set to acquire Prime Sportsbook as its parent company, Out The Gate Inc., filed for Chapter 11 bankruptcy to restructure and pursue a sale. The filing follows Prime’s failure to reach profitability despite operating in New Jersey, Ohio, and Kentucky using Plannatech’s technology. Out The Gate reported about $51 million in secured debt, with Plannatech holding $4 million. Plannatech has also committed up to $6.5 million in financing to support operations and the restructuring process.

Date: 02-01-2026

Sportsbook Betting Alliance Sues to Fight Back Chicago’s New Licensing Requirement

Leading US sportsbooks have sued the City of Chicago over a new local sports betting tax scheduled to take effect in the new year. The Sports Betting Alliance, representing Bet365, BetMGM, DraftKings, FanDuel, and Fanatics, argues Illinois law grants only the state authority to license and tax online sports wagering. Chicago’s 2026 budget introduces a 10.25% tax on betting revenue and new annual licensing fees, on top of existing state taxes and per-wager fees. Operators warn the move could force shutdowns or push bettors toward illegal markets.

Date: 30-12-2025

Sportsbooks Are Rooting Hard Against Drake Maye In MVP Race, But Why?

With just two games left in the season, sportsbooks like BetMGM and DraftKings are bracing for impact as Drake Maye is making his final push for the NFL MVP title. The New England Patriots quarterback has become the biggest liability in the MVP market, with both BetMGM and DraftKings worried about a potential Maye victory. As of now, DraftKings is rooting for anyone but Maye. Johnny Avello, DraftKings’ director, expressed concern that a Maye win would lead to “a pretty good loss” for the sportsbook.

Date: 24-12-2025

Coinbase Sues Michigan’s Gaming Control Board Over Michigan Sports Betting Laws Considering Prediction Markets Similar to Sports Betting

Coinbase has sued members of Michigan’s Gaming Control Board and Attorney General Dana Nessel in federal court, seeking to block the state from applying gambling laws to event contracts. These contracts let traders wager on future outcomes, increasingly including sports, blurring the line between prediction markets and sports betting. Coinbase argues that prediction markets fall exclusively under the Commodity Futures Trading Commission’s jurisdiction, not state gaming regulators. Similar lawsuits were filed in Connecticut and Illinois. The case follows Coinbase’s partnership with Kalshi. Coinbase plans to offer event-contract trading nationwide, including Michigan, starting January 2026.

Date: 12-12-2025

SOFTSWISS Sportsbook wins SiGMA South Asia Awards 2025

At the SiGMA South Asia Awards 2025, SOFTSWISS Sportsbook has been named Best Online Sportsbook Provider. The awards ceremony that happened on 30 November in Colombo, Sri Lanka, recognized the brand for its outstanding achievement and meaningful contributions to the region’s iGaming landscape.

This award comes at a milestone moment for the SOFTSWISS Sportsbook, which has just marked its 5th anniversary. Built on a flexible, platform-agnostic architecture, the solution seamlessly integrates with any casino platform on the market in under 14 days. This award has further enhanced the brand’s reputation on the market.

Date: 08-05-2025

DraftKings now Operates in over 26 States in the USA

DraftKings sportsbook is now available in over 26 states according to the latest list of eligible states released by the provider. This includes big states like Arizona, Washington DC, Kansas, Massachusetts, Pennsylvania, Virginia, among 20 other states. If you also want to launch a DraftKings like sportsbook software in these 26 states, get in touch with TRUEiGTECH.

Date: 06-01-2026

VRMintel.com on Real-Money Casino Software in 2025

VRMintel.com highlights how real-money online casino software and WorldMatch video games are helping shape the mobile casino experience in 2025, with platforms offering rich game libraries, smooth Android and iOS support, and quick deposit/withdrawal options including crypto. The article notes that mobile-friendly casino apps make it easier for players to enjoy slots, table games, and live dealer titles anywhere, while industry focus on high-RTP games and seamless banking enhances the overall player experience.

Date: 02-01-2026

Yahoo Finance on PayPal Casinos in 2026

Yahoo Finance reports that online casinos accepting PayPal are set to grow in 2026, driven by demand for secure payments, fast withdrawals, and trusted banking methods. PayPal-supported casinos are gaining popularity for offering seamless real-money gaming, mobile-friendly access, and strong compliance standards, positioning PayPal as a preferred payment option in the evolving online casino market.

Date: 31-12-2025

ActionNetwork.com Updates on Where Real‑Money Online Casinos Are Legal in the U.S.

ActionNetwork.com provides an updated guide on U.S. states where real‑money online casinos are legal, currently highlighting seven regulated states including New Jersey, Michigan, and Pennsylvania. (actionnetwork.com) The article outlines which states allow online slots and table games, notes upcoming legislation in other regions, and serves as a key resource for players and industry watchers.

Date: 09-12-2025

Best US Casino Sign-Up Bonuses & Player Offers for December 2025

The latest update from Casino.org highlights December 2025’s most valuable sign-up bonuses and ongoing player offers across top-rated US online casinos. Curated by Content Manager Chris Jonat, the report showcases a refreshed list of the highest-paying welcome bonuses, no-deposit rewards, and Sweeps Coins packages available right now. The news piece ensures players stay informed on the newest and most generous promotions released this month, making it easier to compare and claim trusted bonuses across real-money and sweepstakes casino platforms.

Date: 08-05-2025

Bet365’s Coates Family Looks to Disinvest Their Share in the Platform

A Guardian report finds that Bet365, the world famous online casino may be sold at a whopping $12 billion. The current owner, Coates family and a majority shareholder is currently in talks with US Investment banks and this also includes listing the gambling casino on the US Stock exchange, which will allow the Coates family to retain a stake.

Date: 25-04-2025

MIRAX Casino Crowned Best Australian Online Casino for 2025

MIRAX Casino has been recognized as the top Australian real-money online casino for 2025, offering an extensive game library exceeding 10,000 titles, including online poker, table games, and live dealer options. The platform provides a generous welcome bonus of up to 5 BTC plus 150 free spins alongside a no-KYC policy for cryptocurrency users, ensuring both rewarding and secure gaming experiences.

Date: 06-01-2026

Brazilian Lottery Retail Network Earns Over R$227.6 Million from 2025 Mega da Virada Draw

The 2025 Mega da Virada lottery generated R$3.05 billion in total wagers, with retail outlets capturing 75% (R$2.29 billion) and online channels 25% (R$763 million). Retailers earned an 8.61% commission on in-store bets (R$197 million) plus 4% on online bets (R$30.5 million), totaling R$227.6 million across 13,136 outlets, averaging R$17,329 per location. Additional income came from 35% commissions on group betting pools (bolão). Funds also supported social security (R$528 million), income tax (R$131 million), and Caixa Econômica Federal (R$292 million), highlighting the network's economic role amid growing online participation.

Date: 02-01-2026

Kazakhstan Plans New Gambling Zones to Drive Tourism and Tax Revenue

Kazakhstan is moving ahead with a major expansion of its regulated gambling zones to stimulate tourism and regional economic growth. New designated casino areas are planned in Mangystau, Almaty, East Kazakhstan, and Zhetysu, adding to existing enclaves at Borovoye and Kapchagay while keeping gambling strictly confined to approved zones. Sites will leverage natural attractions such as the Caspian Sea coastline and Lake Alakol, with regional authorities empowered to select exact locations. Each casino is projected to generate 2–3 billion tenge in annual tax revenue and around 500 jobs, with no tax breaks planned for operators.

Date: 30-12-2025

Fortaleza’s Cassino Bet Sponsorship in Jeopardy After Série B Relegation

Following its relegation to Série B, Fortaleza Esporte Clube risks losing its main sponsor, Cassino Bet, which has invoked a contractual clause allowing termination in case of demotion. The R$30 million-per-year deal—Fortaleza’s largest sponsorship—may end early despite being valid until 2026. Talks between both parties remain ongoing, with options for renegotiation or reduced terms. Losing Cassino Bet would severely impact the club’s finances, already strained by reduced TV and commercial revenue, forcing Fortaleza to seek new sponsorship under tighter financial and market conditions.

Date: 24-12-2025

iGaming Supplier Reevo Has obtained Swedish iGaming License

iGaming supplier Reevo has got a new iGaming license to operate in Sweden through the Swedish Online Gaming Market. Officially called Spelinspektionen, this license will allow Reevo to provide its slot games to regulated operators in the designated jurisdiction. The license will open new doors of opportunities for the company to operate in the regulated markets while ensuring ongoing commitment.

Date: 12-12-2025

Brazil Advances Toward Macolin Convention Membership for Sports Integrity

Brazil's Ministry of Sports participated in a key December 4-5, 2025, technical meeting of the Council of Europe's Macolin Convention on sports manipulation, marking significant progress in its accession process. Representatives Danilo Mendonça and Denise Nóbrega highlighted Brazil's regulatory advancements and commitment to international best practices against match-fixing. The Convention's experts issued a positive technical assessment, praising Brazil's sports betting framework and national anti-manipulation platform plans, though final political approval by the Committee of Ministers is pending in Q1 2026, followed by National Congress ratification. Joining would enhance global cooperation on prevention, detection, and sanctions.

Date: 09-12-2025

Personalized Bonuses are Changing the Trends in the iGaming Industry

Personalized bonuses are no longer just a good attractive offer, they are becoming the standard in iGaming, transforming how casinos interact with players. Rather than generic promotions, platforms now tailor bonuses based on individual player data, including session length, favorite games, deposit behavior, and payment habits. The shift means two players depositing the same amount may receive very different offers; one might get free spins, another a cashback depending on how they play. This data-driven, real-time approach boosts engagement and loyalty, forcing operators to overhaul legacy bonus systems to stay competitive

Date: 06-01-2026

Indiana to Get its Largest Expansion in Online Lottery Since Legalizing in 2019

Proposals for allowing Hoosier Lottery are incoming to sell tickets online. This is one of the biggest decisions, if agreed to, since 2019. Sports wagering was legalized in Indiana in 2019 and after that the legislators started advancing the Fort Wayne casino plan in December 2026. Now they are expected to take up an online lottery bill to allow for ticket sales.

Date: 30-12-2025

Lottery Revenue is Increasing but Contribution to Public Education Decreases

North Carolina lottery officials have to explain why even after increasing lottery revenue to $3 billion, the contribution to the state education fund is decreasing. State Auditor Dave Boliek raised questions about the organization’s business model doubting the return on investment from lottery proceedings. The auditor questions that given the sole purpose of the North Carolina Education Lottery is to fund public education and supplement public schools, why is the revenue decreasing. The Auditor has asked for reasons from the NCEL officials and is hoping to get answers by Spring 2026.

Date: 24-12-2025

Alabama Lottery Bill Will Remain Unchanged Until and Unless a New Proposal Arrives

Alabamians presently cannot buy a lottery ticket as they are restricted due to the previous bill approvals banning the activity in the State. While the new assemble sessions are near for the Alabama Legislature, chances of overturning the ban are rare. Leaders of the Alabama legislature state that they don't expect any new bills or changes to get any serious consideration in the next year’s session starting from January 13, 2026.

Date: 06-01-2026

Florida Targets Illegal Gambling as Shadow Market Grows

Florida’s legal sports betting market is generating hundreds of millions in annual revenue, but a fast-growing shadow gambling economy is diverting money from the state. Attorney General James Uthmeier is pushing to curb illegal and legally gray gambling activity and is urging lawmakers to impose tougher penalties in 2026. While the Seminole Tribe’s Hard Rock Bet operates under a state-approved compact, unregulated casinos, offshore sites, sweepstakes apps, blurred fantasy sports offerings, and prediction markets like Kalshi and Polymarket continue to expand.

Date: 02-01-2026

Iowa Shakes Up Sports Betting Taxes: How Your Winnings Are Affected

Iowa currently applies a 6.75% state income tax on sports betting winnings, but this rate was reduced to 3.8% in 2025. Further tax changes will take effect in 2026, altering how winnings are withheld. For payouts exceeding $5,000 and at least 300 times the original wager, state income tax will be withheld whenever federal tax applies. At the federal level, qualifying sports betting winnings are taxed at a flat rate of 24%, aligning state withholding rules more closely with federal requirements.

Date: 30-12-2025

Sports Betting Legalization Boosts Game-Day Crime to Upto 70%

A new study from Rice University reveals that legalized sports betting, which expanded to 38 states after the 2018 Supreme Court ruling, has led to a surge in crime. Analyzing FBI data from 2017-2021, researchers found violent crime increased by 30-70% on game days, with assaults spiking by up to 93%, particularly after home-team upsets. The rise in crimes like assault, larceny, and vehicle theft was most noticeable during high-stress games, especially following unexpected outcomes.

Date: 24-12-2025

Ohio Governor Regrets Signing Sports Betting Bill, Worries About Escalating Gambling Scandals

Ohio Governor Mike DeWine has said he regrets signing legislation that legalized sports betting in the state, calling the decision a mistake amid growing gambling scandals involving athletes and teams. In an interview, DeWine said he would not support the law if given another chance. Since sports betting launched in January 2023, multiple Ohio athletes have been implicated, including two Cleveland Guardians pitchers placed on paid leave during a gambling investigation. A longtime baseball fan, DeWine has urged Major League Baseball to make reforms, warning that professional leagues are “walking on thin ice” with betting expansion.

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