Author: Daniel Williams

Key Moments: A new tax rule limits gamblers to deducting only 90% of losses against winnings, leaving 10% potentially taxable even in losing years. Meanwhile, efforts by Nevada lawmakers to overturn the rule stalled earlier this year and are unlikely to resume this session. Slot wins of $2,000 or more, poker profits above $5,000 after buy-in, and bets paying 300 times the wager trigger IRS reporting via W-2G forms. Gambling Loss Deductions Tightened Under New Rule For decades, U.S. tax law allowed gamblers to fully offset winnings with losses, ensuring…

Key Moments: BGaming has entered into a new agreement with PokerStars PokerStars’ user base will now have access to BGaming titles such as Merge Up, Gemhalla, and Wild Cash x9990 This collaboration advances BGaming’s outreach as it prepares for further growth in 2026 Strategic Partnership for Broadening Reach BGaming has officially sealed a partnership with PokerStars, a major name in the online poker landscape operated by Flutter Entertainment. The arrangement gives BGaming an opportunity to showcase its products on a platform that attracts millions of participants every day. Access to…

Key Moments: First, the Missouri Gaming Commission unanimously voted to maintain current college sports prop betting options. Meanwhile, the NCAA requested new restrictions after federal indictments involving former college basketball players. At the same time, Missouri’s sports betting market launched with more than 250,000 active accounts in its first 24 hours. Missouri Maintains Current Betting Options The Missouri Gaming Commission has chosen not to adopt the NCAA’s request to restrict specific college sports prop bets. Instead, regulators decided to keep all existing options in place. This approach allows the Commission…

Key Moments Nevada’s slot hold climbed to 7.15% in 2025, a 26% rise over ten years The Las Vegas Strip posted the state’s highest slot machine hold at 7.57% Despite tighter machines, Nevada outperformes other states including Pennsylvania, Indiana, and Iowa Tighter Slot Machines Mark Significant Shift Recent research conducted by the UNLV Center for Gaming has confirmed what many have suspected: slot machines in Las Vegas have become notably less generous over the past decade. The statewide slot hold in Nevada reached 7.15% in 2025, which means that players…

Key Moments: Starting March 23, 2026, Google will enforce stricter eligibility checks for gambling advertisers in Europe, the Middle East, and Africa. Operators must prove compliance with a “good health policy” and show a strong record of responsible behavior to keep certification. New rules will ban free hosting and subdomain use, and require sites to show a direct link to the licensed gambling industry. Expanded Certification Standards Announced Google’s Ads division in Dublin has announced policy changes for gambling advertising in Europe, the Middle East, and Africa. Starting March 23,…

Key Moments: The Netherlands Gambling Authority (KSA) has published its Supervisory Agenda 2026, placing stronger emphasis on illegal gambling enforcement and player protection. From January 2026, the KSA will operate under a new structure with three directorates and a dedicated Player Protection department. Five core themes will steer regulatory efforts in 2026, including tighter AML controls, an enhanced duty of care, and stricter advertising rules. Strategic Restructuring for Enhanced Supervision The Netherlands Gambling Authority (KSA) has unveiled its Supervisory Agenda 2026. Notably, the plan sharpens the regulator’s focus on illegal…

Key Moments: A new bill proposes exempting teachers from personal income tax on earnings up to R$10,000 per month The exemption would be funded by tax revenue from fixed-odds betting companies under Law No. 14,790 The legislation is currently awaiting formal referral in the Senate as of October 14, 2025 Bill Targets Fiscal Relief for Educators A legislative proposal in the Brazilian Senate seeks to provide income tax relief to education professionals, leveraging the country’s regulated betting sector to offset the fiscal impact. Known officially as PL 5,143/2025 and introduced…

Key Moments: President Alexander Stubb signed the Gambling Act reform package into law on January 16, 2026. Gambling companies can begin applying for licences on March 1, 2026. The competitive online gambling market is scheduled to launch on July 1, 2027. Legislative Changes Reshape Finnish Gambling Landscape Finland’s Gambling Act officially became law after President Alexander Stubb signed the reform package on January 16, 2026. This marks a major shift in Finland’s online gambling structure, as the country moves away from a single-operator system and toward a licensing model. Importantly,…

Key Moments: Legislation proposes raising both sportsbook and iGaming taxes in West Virginia to 25% of gross revenue Sports betting tax rate would rise from 10% to 25%, while online casino taxes increase from 15% to 25% Proposed changes align West Virginia with a national movement toward higher gambling tax rates Legislation Moves to Lift Gambling Tax Rates Two bills newly introduced by Delegate Adam Burkhammer call for a sharp increase in gaming taxes across West Virginia. Filed on January 16 and referred to the House Government Organization Committee, HB…

Key Moments Sports event contracts have pushed prediction markets into mainstream attention and triggered legal pushback from states. Major companies, including Kalshi, FanDuel, DraftKings, and Robinhood, have launched or expanded event contract offerings. The Commodity Futures Trading Commission (CFTC), under-resourced as of recent reports, faces industry and state pressure over regulation. Prediction Markets Collide With State Gambling Laws Prediction markets, once viewed as a niche financial tool for speculating on economic indicators or central bank moves, have gained momentum by venturing into sports. These platforms offer event contracts and currently…