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Gambling News
Illinois Gamblers Lost More Money Last Year Than Ever Before
Monday October 12, 2026 (10:07 am EDT)
A new report shows Illinois collected $2.7B in gambling revenue last fiscal year. That's 19% more than state brought in the year before. Slot machines generated in the most revenue for the second year in a row.
Gambling News
New York State Moves to Restrict AI Use in Sports Betting
Monday October 12, 2026 (9:12 am EDT)
New York gaming regulators have advanced proposed rules that would restrict how mobile sportsbooks use artificial intelligence and other automated systems to personalize gambling promotions and wagering recommendations. The New York State Gaming Commission unanimously moved forward with the revised proposal, which covers AI, machine learning, algorithmic profiling and automated decision-making tools. The measure will receive further public comment before returning to regulators for possible final action. (source: World Casino Directory)
Casino Crime
Robbery Suspect Found Gambling at Chicken Ranch Casino Hours After Heist
Monday October 12, 2026 (8:40 am EDT)
A suspected serial bank robber who enlisted a rideshare driver as an unwitting getaway accomplice was arrested calmly gambling at a California casino less than six hours after hitting a bank in downtown Modesto. Robert Vincent Mendez was playing at Chicken Ranch Casino in Jamestown on Oct. 2 when detectives, working with casino security, moved in to arrest him. Police said they found some of the stolen money on his person. Earlier that day, at around 5:14 p.m., a man alleged to be Mendez robbed the Bank of Stockton on J Street, according to the Modesto Police Department.
Gambling News
Nevada Lawmakers Renew Effort to Restore Full Gambling Loss Tax Deduction
Monday October 12, 2026 (8:40 am EDT)
Rep. Steven Horsford (D-NV), while attending the Global Gaming Expo (G2E) in Las Vegas, renewed his push for passage of legislation he introduced that will allow taxpayers to claim a 100 percent deduction for their total net gambling losses from their total net gambling wins. Horsford introduced the FULL HOUSE Act along with Republican Representative Max Miller of Ohio. In July 2025, President Donald Trump signed The One Big Beautiful Bill into law. In 2026, it changed the way taxpayers treat casino winnings and losses. The new law limits the tax deduction for casino losses to 90 percent of losses incurred. This means that if you have neither a win nor a loss, you may owe taxes due to your “net” winnings/losses. His is a companion bill to that of the FAIR BET Act in early July 2025, introduced by fellow Nevada Democratic Representative Dina Titus. “Rep. Titus welcomed the committee’s decision to support this measure however expressed frustration at how long it took them to take action,” she stated. To date, over 25 members of Congress from both sides of the aisle have supported some version of restoring the SALT deduction. However prior to voting, there were significant barriers to making progress. “It now will need to be approved by the full House and Senate and then go to the President,” he continued. At present, there are no scheduled dates for future Congressional action.
Gambling News
NC Political Candidate Reportedly Owns Property Where Video Gambling is Taking Place
Monday October 12, 2026 (8:40 am EDT)
Republican Charles Taylor, running for election to the North Carolina House of Representatives to represent District 51., is listed as the owner of a property where video gambling takes place. The lack of disclosure potentially violates state ethics laws. Taylor is a Republican Sanford City Council member vying to represent Lee and Moore counties in the N.C. House. Taylor’s disclosure lists his personal residence but says nothing about the property allegedly housing the gambling machines. (source: The Assembly)
NFL
Jim Harbaugh First NFL Head Coach Fired Odds
Monday October 12, 2026 (8:40 am EDT)
Jim Harbaugh was widely expected to become the new First NFL Head Coach Fired favorite in this betting market, overtaking Todd Bowles. Harbaugh's LA Chargers are now 0-5 to start the season. To make matters worse, Sunday's loss was almost entirely on Harbaugh. With the Chargers leading 17-10 with 10:33 remaining, Harbaugh opted to go for it on fourth-and-1 from his own 41. But quarterback Justin Herbert was stuffed on the play, never coming close to moving the sticks. Five plays later, Denver tied the game with a touchdown to snatch the momentum back. Harbaugh called his decision the wrong one, a message he relayed to the team in the locker room after it dropped to 0-5 for the first time since 2003."I can't think of a time where I've been more mad at myself," he said. "This team works so hard, played so valiantly. And yeah, I take 100% accountability for making that decision and turned the momentum of the game. So it was the wrong one and I got to be right on those."
Gambling News
Most Americans Oppose Betting on Elections, Government Events, Reuters/Ipsos Poll Finds
Monday October 12, 2026 (8:40 am EDT)
NEW YORK/WASHINGTON, Oct 12 (Reuters) - Most Americans oppose using prediction markets to bet on US elections and other government actions, according to a Reuters/Ipsos opinion poll that suggests the booming markets may lack broad public support as policymakers debate how to regulate them. The rapidly growing prediction market industry led by Polymarket and Kalshi allows people to bet on a raft of events, including US elections, government policy moves and sports games, raising concerns among policymakers that the platforms are opening up new avenues for insider trading and manipulation. 69% of Democrats, 61% of Republicans oppose using prediction markets to bet on election results. Polymarket, Kalshi say they have extensive controls to guard against misconduct
- Chris Costigan, Gambling911.com Publisher
