By The Weekly Edge desk ·
A Campaign for Fairer Gambling study put illegal US online gambling revenue at $97.4bn, Focus Gaming News reported. It found that this revenue grew faster than revenue in the regulated market.
The study estimates faster revenue growth outside the regulated US online gambling market.
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Polymarket’s request for help against New York and Kalshi’s potential tribal agreement concern prediction market operators.
The ruling and machine removals are followed by 81 job cuts at Republic Amusements, while legalisation legislation remains stalled.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.
The ruling puts businesses hosting skill-game machines at risk of losing the revenue those devices generate.