Laws, licences, bans and taxes across markets.
At least eight US states passed laws against online sweepstakes casinos between May 2025 and May 2026. The bills, the letters, an $8 million settlement and the clauses that name affiliates.
Ontario's regulated online market grew from C$1.65 billion to C$4.27 billion in gaming revenue in four fiscal years. What the model, the ad rules and the enforcement record mean for affiliates.
New York taxes mobile sportsbooks at 51% of gross gaming revenue. Gaming Commission data shows what the state collected since 2022, and what the rate means for affiliates.
Kalshi went from a $2 billion to a $40 billion valuation in 16 months; Polymarket took ICE money and reportedly bought its way back into the US. Both now face state lawsuits.
Brazil's 2025 licensed betting market in numbers: 79 operators, R$37 billion in GGR, R$9.95 billion in federal tax, 25,000 blocked sites and a levy rising to 15%.
