Industry News and Headlines
Industry
February 6, 2026
DoD Receives Funding for Research on Gambling Addiction in the Military
Under the Defense Appropriations Act signed into law on Tuesday, the US Department of Defense will receive $370 million for its Peer-Reviewed Medical Research Program (PRMRP), which supports medical research projects with demonstrated scientific rigor and direct relevance to military health. A large part of that sum will be used to study gambling addiction in […]
Industry
February 6, 2026
Missouri VLTs Under Fire as AG Launches Investigation
Catherine Hanaway, Missouri’s Attorney General, confirmed the launch of sweeping investigations into the controversial video lottery terminals (VLGs) in the state. While Hanaway said that she doesn’t mind if the machines get legalized, she vowed to take appropriate action until they are. Missouri Launches Investigation into VLTs VLTs are a controversial gray area form of […]
Industry
February 6, 2026
Hundreds of Medical Experts Call for Action on Gambling Addiction
The rise of sports betting and online gambling has led to a notable surge in addiction rates among populations all over the globe. Now, a body of 300+ health experts has launched an evidence-based appeal to have national governments, regulators, and international bodies address what they see as a pandemic. Health and Addiction Experts from […]
Industry
February 6, 2026
Investors Sue Las Vegas Restaurant Owners Who Used Funds to Fuel Luxury Lifestyle
The owners of Toca Madera, a steakhouse located on the Las Vegas Strip, are being sued by their investors for allegedly mismanaging and misusing funds for personal extravagances. Several claims are listed in the lawsuit, such as private securities fraud, aiding and abetting, and a breach of fiduciary duty, alongside which a RICO charge has […]
Industry
February 6, 2026
UK MP Apologizes for Not Declaring Interest When Posing Racing-Related Questions
A British MP has apologized for failing to declare a pair of hospitality tickets. Although this happened months ago, it was brought up when the MP in question discussed the United Kingdom’s tax changes and proposals to align the tax rate on horse racing bets with the rest of the gaming industry. Charlotte Cane Failed […]
Industry
February 6, 2026
Rep. Dina Titus Faces Setback in Push to Restore Full Gambling Loss Tax Deduction
Nevada Rep. Dina Titus is pressing on with her campaign to undo a controversial federal tax change affecting gamblers, even after her latest effort encountered significant resistance. Republican House leaders blocked her attempt to attach an amendment restoring the full deduction for gambling losses to a sweeping federal funding bill. The Cap Remains Highly Contentious […]
Industry
February 6, 2026
NY Gaming Regulator Urges Sports Leagues to Push for Betting Limits
The New York State Gaming Commission is urging sports leagues to implement stricter betting restrictions due to rising integrity concerns in American sports. In an open letter released Wednesday, the NYSGC reminded league commissioners that they can formally petition the regulator to restrict or eliminate problematic wager types. While none have done so, the Commission […]
Industry
February 5, 2026
UKGC Has Opened Applications in Search of a New Chair
For over a year now, the United Kingdom’s Gambling Commission (UKGC) hasn’t had a permanent leader, instead having the role filled by a temporary chairman in the face of Charles Counsell OBE. However, this is about to change in the next few months, as the regulator is now accepting applications for a new head. UKGC […]
Industry
February 5, 2026
NA Snowstorms Have a Significant Effect on Gambling Revenue, Analysts Say
According to recent analyses by Jefferies Equity Research and J.P. Morgan, the harsh weather that much of North America has recently experienced has had a measurable effect on the revenue and visitation numbers of traditional land-based casinos. Jefferies Equity Research’s Analysts Project Lower Revenues Jefferies Equity Research analyst David Katz attributed recent performance to adverse […]
Industry
February 5, 2026
AGEM Index Dips Slightly in January
The AGEM Index declined in January, with mixed results for the world’s 10 leading gaming suppliers. Most companies experienced a downturn in stock performance due to issues ranging from legal disputes to cautious investors. Six of 10 companies saw price drops. Aristocrat Leisure Limited led with a 7.9% decrease and a loss of over 53 […]