The World Cup Is About to Flood US Sportsbooks, and New Jersey Wants Its 10%

World Cup Betting 2026 | New Jersey Wants a 10% Cut

The 2026 World Cup is the first on US soil since legal sports betting spread nationwide, and New Jersey wants a 10% cut of the wagers, while prediction markets and offshore books circle the states where sportsbooks still cannot operate.

US Gaming Industry Splits Over Prediction Markets as Senate Holds First Hearing

US Gaming Industry Splits Over Prediction Markets as Senate Holds First Hearing

DraftKings and FanDuel walked away from the AGA in November 2025 and now sit opposite the trade group at the first congressional hearing on federally regulated event contracts. The May 20 Senate Commerce Subcommittee hearing marks the formal start of federal legislative consideration.