Day: 15 January 2026

Key Moments: Maine’s Joint Veterans and Legal Affairs Committee reviewed LD 2007, which would prohibit Sweeps Coin play DraftKings supported the proposal, citing consumer protection and regulatory alignment VGW and the Social Gaming Leadership Alliance opposed the bill, raising concerns about its effect on the industry Debate Intensifies Over LD 2007 Proposal Maine’s Joint Veterans and Legal Affairs Committee recently assessed LD 2007, legislation aimed at banning Sweeps Coin gaming in the state. The session highlighted a clear divide between advocates and critics of the proposal. DraftKings aligned with state…

Key Moments: The UK now records an estimated 3.6 billion illegal sports streams each year, more than double the level seen three years ago. Unlicensed betting generated £379 million in the first half of 2025, equal to about 9% of the £8.2 billion online gambling market. The UK government plans to raise the Remote Gaming Duty from 21% to 40% starting on 1 April 2026. Sharp Increase in Sports Piracy and Black-Market Betting Recent research shows a sharp rise in illegal live sports streaming across Britain. Annual volumes are now…

Key Moments: S Gaming prepares to enter the US market through a partnership with BetMGM Players in New Jersey, Pennsylvania, West Virginia, and Michigan will gain access to popular S Gaming slot games S Gaming has emphasized its commitment to sustainable entertainment and casual gameplay since 2023 Major Expansion for S Gaming S Gaming, known for delivering engaging online slot and casino titles, is now set to enter the US market in partnership with BetMGM, a prominent iGaming and sports betting platform. This move has been highly anticipated by industry…

Key Moments: Representatives Steven Horsford and Max Miller introduced HR 6985 to repeal a gambling loss deduction cap created by OBBBA. The bill would allow professional gamblers to fully deduct losses, directly addressing so-called “phantom income” taxation. If passed, the change would apply to tax years starting after December 31, 2025. Background of the Controversial Tax Provision Two lawmakers from opposite parties have joined forces to challenge a tax rule from President Donald Trump’s One Big Beautiful Bill Act (OBBBA). Under this rule, gamblers can deduct only 90 percent of…