2 May 2026
Chairman of the Commodity Futures Trading Commission (CFTC) Michael Selig attempted to calm fears and smooth political tensions with his first appearance in front of Congress in his role since being nominated by President Donald Trump back in October 2025.
North Fork Rancheria is continuing construction of its Madera casino despite a California court setback. The project still faces uncertainty over state approval.
A lawmaker in Ohio is looking to increase the tax burden on sports betting companies, eyeing bigger funding packages for public stadiums and K-12 education. Sen. Bill Blessing has introduced Senate Bill 199, which suggests a 2% fee on sports wagers, for further consideration.
Three major betting companies, FanDuel, DraftKings, and Fanatics, are committing $41 million to the super PAC Win for America, according to Federal Election Commission (FEC) reports. The move comes in election year, with 435 seats in the House and 35 of the 100 seats in the Senate up for grabs.
US sportsbooks are ending credit card deposits as more states tighten payment rules and operators adopt broader restrictions. The shift reflects growing regulatory and responsible gambling pressure.
Former Chicago mayor and chief of staff to Barack Obama, Rahm Emanuel, says he would consider implementing a 10% federal tax plan on sports betting and prediction market companies as a way of raising money for scientific and technological research programs.
After less than 18 months of legalization, the future of online gambling in Brazil is back under threat after the governing party put forward a bill to repeal all laws and provisions governing online betting introduced under the Bets Law (PL 2626/2023).
Brazil’s betting industry has warned that closing the legal market could drive users to illegal operators. The debate follows comments from President Lula.
Indonesia has frozen more than 33,000 bank accounts linked to illegal online gambling. Authorities are targeting payment systems to disrupt betting activity.
A blast in Baguio City injured 14 people and has drawn attention to a suspected illegal gambling site. Authorities are investigating both the attack and the venue.
