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The Nevada Gaming Control Board has spent much of 2026 in court trying to keep Kalshi off the state's gaming floors — filing complaints, winning restraining orders, and arguing before the Ninth Circuit that prediction market products must comply with state gaming law.

Illinois' 17 licensed gaming properties generated $181 million in gaming revenue in April 2026, up 11.3% from the same month a year earlier. The headline number looks healthy, but the growth isn't evenly distributed, and what's actually driving it says a lot about where the state's gaming market is headed.

A research report from Las Vegas analytics firm OPTX is drawing attention for what it claims to have uncovered: roughly $17 million in slot winnings tied to "advantage players," people who wait for specific machines to reach a mathematically favorable state before playing.

Louis Vuitton Malletier filed a federal trademark complaint against PPE Resorts Maryland and The Cordish Companies, owner of the Live! brand, in the U.S. District Court for the District of Maryland.

Industry M&A has roared back over the past several weeks: Caesars agreed to an $18 billion sale to Fertitta Entertainment, Evoke agreed to a £2.3 billion sale to Intralot, and Barry Diller's People Inc.

Illinois lawmakers adjourned for the summer without advancing Governor JB Pritzker's proposal to merge the state's two industry regulators, the Illinois Gaming Board and the Illinois Racing Board, into a single executive agency.

New York's Senate unanimously passed S10092, the "No Betting Ads For Kids Act," sending it to the Assembly by a 60-0 vote. The bill bars social media platforms from showing betting ads to minors and requires platforms to affirmatively verify that a user isn't a minor before serving such ads.

Rhode Island's Senate has voted on S3118, a bill that would end the state's sports betting monopoly and replace it with a competitive market of three to five online operators. The legislation cleared committee before reaching the floor and now heads to the House, where a nearly identical bill died in committee last year.

Polymarket says it's cracking down on the use of virtual private networks to access its platform from restricted jurisdictions. The timing is notable: the company is tightening geocompliance only after scaling into a dominant, multi-billion-dollar position.

Meta is working on a prediction market product, but unlike Kalshi, Polymarket, and the wave of retail platforms that have dominated industry headlines this year, it won't start out as a real-money business.