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Another bettor noted that gambling debts fractured personal relationships: “Sports betting ruined my six years of friendship because I couldn’t pay back the borrowed loan from my friend. He stopped talking to me.”

Americans wagered nearly $167 billion on sports in 2025 through regulated sportsbooks, an 11% increase year-over-year, according to data from the American Gaming Association (AGA).

The blurring line between financial investing and gambling has been accelerated by the rise of prediction markets—exchanges offering event contracts that are federally regulated as financial derivatives. U.S. News found that over 40% of active sports bettors now also participate in sports prediction markets.

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The factor that led some operators to drop out of the licensing race could be the “uncertainty” created by regulations that “didn’t seem set in stone”, says Leckert.

“Some of them [investors] that were looking at Japan were looking at a big IR licence or nothing. With Tokyo and Yokohama being out of the mix, maybe some weren’t as interested anymore and decided to sit back, and wait and see how regulation and licensing shake out.”

One concern for operators is “the short duration of licences and renewal of licences”, notes Leckert. For operators, the casino business licence is renewable every three years, while the IR development-plan authorisation runs for 10 years, in contrast to the 18-year IR licence term in the Philippines, for instance.

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Nolimit City has also leaned harder into optional purchase mechanics, a defining part of its recent output. Duck Hunters 2 offers an extensive collection of optional purchase features. These span direct bonus buys, targeted feature purchases, and a booster menu that resets starting conditions.

the sequel is evidence of a studio comfortable returning to proven mechanical families

The Booster menu includes options designed to alter the starting conditions of a session. Players can guarantee scatter symbols, increase starting multipliers across the entire grid or activate enhanced bonus-hunting conditions. The strategic read is that Nolimit City is packaging multiple entry points into the same high-volatility engine. That gives players, and by extension operators, a variety of ways to engage a single title.