SectorWire
SearchRegister
MenuClose

California enacts law targeting sweepstakes gambling ecosystem

Regulation

California Governor Gavin Newsom signed Assembly Bill 831, targeting sweepstakes gambling operators and related businesses, with the law due to take effect on 1 January. Light & Wonder government affairs executive Howard Glaser said 17 states had made sweepstakes gambling illegal and six others had laws that deterred operators; he also cited California’s 20% share of sweepstakes revenue and $100 million in advertising.

The law exposes operators and related businesses serving California to new legal restrictions from 1 January.

End-of-day close Light & Wonder (LNW), AUD, to 28 November 2025
Story date1 September 202528 November 2025

Latest reported results

Light & Wonder ASX: LNW

Quarter ended 30 September 2026

Revenue
USD 824.0m10-Q filing 0000750004-26-000047
Operating income
USD 242.0m10-Q filing 0000750004-26-000047

Request a correction

Flag an issue

Keep reading