The new domestic policy law rewrites tax rules for the hundreds of billions of dollars Americans legally wager each year. A Nevada lawmaker has introduced a bill to overturn that provision.
Category: Gambling
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The Online Casinos That Can Operate as Long as They Say They Aren’t Actually Casinos
Policing loopholes in gambling law can be challenging, and most states have been slow to adapt.
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Kalshi, an Online Prediction Market, Will Open Up to Brokerages
The platform, which recently hired Donald Trump Jr. as an adviser, is seeking to tap Wall Street to expand its potential customer base.
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Rick Kuhn, 69, Dies; Convicted in a College Gambling Scandal
While playing basketball at Boston College, he participated in a point-shaving scheme with Henry Hill, the mobster later portrayed in the movie “Goodfellas.”
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Macau Is the Casino Capital of the World. For China, That’s Not Enough.
A quarter century after the former Portuguese colony was made a Chinese territory, Macau’s economic boundaries with the mainland are being blurred.
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With Sports Gambling Surging, Federal Regulation Is Discussed
With the industry’s popularity on the rise, the Senate Judiciary Committee held a hearing to discuss its effect on athletes, the public and the integrity of games.
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Do You Use Online Betting Markets? Tell Us About It.
The New York Times is covering the rise of online betting markets. We want to hear about the experiences of people who use them, either for recreational purposes or as a source of income.
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Breeders’ Cup Arrives in California, Where Horse Racing Is Struggling
The state looms large in the sport’s history, and its tracks are stunning. But horse racing in California is going broke.
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California Tribal Casinos May Sue to Curb City Card Rooms
A new state law allows tribes to file suit against gambling venues they don’t operate, potentially shuttering them and jeopardizing local tax revenue.
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Should Betting on Elections Be Legal?
Election wagers have long been banned in the United States. But for a brief period on Thursday, a regulated prediction market was permitted to offer them to Americans.