US States Ban Sweepstakes Casinos Amid Expanding Gambling Market

The CBS newsmagazine 60 MINUTES has celebrated its 56th season and 50 consecutive years as America's #1 news program, reaching over 100 million viewers and earning numerous journalism awards including 25 Peabody awards. The program continues to feature investigative reports and interviews with correspondents like Lesley Stahl and Anderson Cooper. Meanwhile, in U.S. state news, New Jersey Governor Phil Murphy approved a ban on sweepstakes casinos, joining other states like Connecticut, Nevada, and Montana in outlawing these controversial quasi-gambling sites. New Jersey's gaming market remains strong, with notable growth in iGaming revenue, driven by companies such as FanDuel and BetMGM, the latter expected to hit a positive EBITDA milestone for the first time since its 2018 launch. BetMGM is currently growing faster than major competitors, and sweepstakes operator VGW has formed a new Tribal partnership to expand into California. These developments reflect ongoing shifts in U.S. gaming regulation and market competition.