17 March 2026
The U.S. commercial gaming industry set a new record in 2025, generating $78.72 billion in revenue and $18.09 billion in taxes to support public services nationwide, according to a recent report by the American Gaming Association.
New York Attorney General Letitia James has sued Valve, alleging its loot box system in major titles amounts to illegal gambling under state law.
Kalshi has fined an employee of MrBeast $20,000 and barred him from the platform for two years after accusing them of insider trading. The prediction market business investigated the employee, identified as Artem Kaptur, who made several correct trades on the outcomes of MrBeasts’s YouTube videos.
Officials in Colorado are turning their crosshairs on the sports betting industry in a bid to stem instances of gambling addiction in the state. Legislators are particularly concerned about the impact on children and have introduced Senate Bill 131 bill.
Operators in Brazil will avoid the 15% deposit tax initially agreed by the Senate at the back end of last year after the Brazil Chamber of Deputies removed the clause from its Antifaction Bill. The bill had been approved in its original version by senators last year.
Spain is preparing new gambling safeguards for 2026, with proposals focused on cross-operator limits, advertising reform, and tighter consumer protection oversight.
A mayor from the Texan town of Hitchcock is facing calls to resign after he was arrested as part of a sweeping illegal gambling investigation executed by Galveston County officials. Authorities claim that Mayor Chris Armacost participated in running eight-liner gambling machines at a property within the town.
The chair of the Commodity Futures Trading Commission (CFTC), Michael Selig, is being pressed by Senate Democrats on prediction markets. Senators Adam B. Schiff, Catherine Cortez Masto, Richard Blumenthal, Cory A. Booker, Tim Kaine, and Jacky Rosen all signed the letter, which expresses concern over the direction of the market.
Philippine lawmakers revive debate over banning online gambling, citing AML risks following the Anti-POGO Act of 2025.
Brazil’s Chamber approved a bill creating a federal sports university funded partly by regulated betting and fantasy sports revenues.
