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G2E panellists say US sweepstakes gaming faces mounting regulatory opposition

Regulation

Panellists at a G2E session in Las Vegas said regulators in 11 states had sent more than 125 cease-and-desist letters to sweepstakes operators. Daniel Wallach said operators had not challenged the letters and had largely complied; panellists also discussed California legislation barring sweepstakes, which was awaiting the governor’s signature.

Cease-and-desist activity and pending California legislation signal mounting regulatory pressure on sweepstakes operators.

End-of-day close Light & Wonder (LNW), AUD, to 21 November 2025
Story date25 August 202521 November 2025

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