Tecpinion Sees U.S. Sweepstakes Market Moving Toward More Structured Model
Its 2026 analysis divides the market into five segments and sketches four possible paths to 2030.
Its 2026 analysis divides the market into five segments and sketches four possible paths to 2030.
A 13% rise in wagers delivered only about $17 million in revenue as opening Sunday results favoured bettors.
The trade group says sports-event contracts are bets in substance and should stay within state gambling rules.
The deal follows a 2025 cease-and-desist order and sets out a redemption process for remaining sweeps coins.
The emergency move came after state officials accused the prediction-market platform of running an illegal gambling business and sought more than $36 billion in damages.
The ruling adds to a patchwork of court outcomes as states test whether the exchange’s products are derivatives or gambling.
A World Cup-fuelled rebound lifted revenue above $214 million and sent the state more than $109 million in tax.
The filing comes a day after the company said it launched federally regulated sports event contracts in 47 states.
Draft rules would tie identity checks, device monitoring and geolocation to a broader push to keep minors out of online gambling
NY State Comptroller reports a rise in gambling helpline calls amid concerns over the impact of mobile sports betting on problem gambling in NY.
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