Hawaii’s Tourism and Gaming Working Group heard arguments about gambling’s economic benefits and potential social harms, reportedly. Industry representatives cited 1.8 million jobs, $125 billion in revenue in 2025 and $52 billion in state taxes; the group must submit findings to lawmakers before the next legislative session.
The group’s findings will inform lawmakers considering whether to authorise gambling in Hawaii.
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US Senator Ted Cruz is preparing legislation that would give state and tribal governments authority over sports-related contracts offered by prediction markets, citing Bloomberg Law. Cruz intends to file the bill after the 3 November midterm elections. The measure would bar operators from offering contracts linked to gambling activities, including sports betting, without approval from the relevant state or tribal government.
A bill granting state and tribal governments say over sports contracts sold by prediction markets is being drafted by US Senator Ted Cruz, Bloomberg Law reported. He plans to introduce it once the November 3 midterm elections are over. As of now, the text is absent from Congress' website.
US commercial gaming revenue fell 0.6% year on year to $6.48bn in August, according to American Gaming Association figures. Sports betting revenue dropped 15.6% to $1bn, while iGaming rose 12.3% to $1.03bn and traditional casino gaming gained 0.9% to $4.44bn.
Figures from the American Gaming Association, put US commercial gaming revenue at $6.48bn in August, a 0.6% decrease compared with the same month a year earlier. According to the association's Revenue Tracker, a 15.6% fall in sports betting revenue more than offset gains made by traditional casino gaming and iGaming.
Pennsylvania businesses and nonprofits were required to remove skill-game terminals by Wednesday after lawmakers failed to agree on regulation, according to reports. The state Supreme Court ruled in June that the machines count as slot machines and are unlawful without licences, then gave lawmakers 120 days to establish a regulatory system. State police warned that remaining terminals could be seized and owners prosecuted.
The American Gaming Association filed a brief supporting New Jersey’s request for US Supreme Court review of restrictions on state enforcement against Kalshi. The court has yet to accept the case, which concerns whether federal commodities legislation displaces state powers over contracts tied to sporting outcomes.
Reportedly, Tribal leaders and the American Gaming Association described closer coordination against prediction markets at G2E in Las Vegas. California Nations Indian Gaming Association is also organising a coalition ahead of a possible 2028 online sports betting initiative.
At the Las Vegas edition of G2E, the American Gaming Association and tribal leaders voiced a more unified pushback against prediction markets, and they singled out California as a central battleground. A Main Stage panel contended that sports event contracts from firms like Kalshi take revenue away from states and tribes and should not be accepted as legal substitutes for gambling.