Law and Regulations

Polymarket has signed a groundbreaking $22 million jersey sponsorship with S.S. Lazio, marking the first time a prediction market platform has partnered with a professional sports team. The deal is notable for occurring despite Polymarket being banned in Italy, where its prediction markets are classified as illegal gambling by regulators. …

The Kansspelautoriteit (KSA) has distributed new grants through its Addiction Prevention Fund to fund five projects aimed at reducing gambling harm in the Netherlands. The regulator highlights that 20% of the Dutch population is currently at moderate to high risk of developing gambling problems, making these initiatives timely and crucial. …

The conclusion of the NCAA March Madness tournaments, with Michigan winning the men’s championship and UCLA taking the women’s title, has provided valuable insights into betting behavior during the event. A study by Optimove, a CRM and player engagement platform for the iGaming and sports betting sectors, found that betting …

The European Court of Justice (ECJ) has issued a landmark ruling that could empower players to reclaim losses from foreign-licensed gambling operators. The decision states that EU countries can prohibit online gambling services, even if those operators hold licenses from other member states, and that players may pursue civil claims …

The Investor and Financial Education Council (IFEC) in Hong Kong has issued a warning that prediction market platforms like Polymarket and Kalshi may fall under the jurisdiction of illegal gambling laws. According to the council, which operates under the Securities and Futures Commission (SFC), these platforms lack the protections and …

Bally’s (NYSE: BALY) is reportedly close to finalizing the acquisition of Evoke (OTC: EIHDF), the financially troubled owner of William Hill. According to The Times, the deal could be announced soon, though it remains subject to final negotiations. Evoke, which operates under the former name 888, is facing severe financial …

Rizal police in the Philippines  conducted a series of coordinated raids on Friday, resulting in the arrest of eight individuals involved in illegal gambling operations across Morong and Teresa. The crackdown, led by the Rizal Police Provincial Office, targeted underground betting rings operating in residential areas, seizing cash, betting materials, …

Bank of America has forecasted that sports event contracts on prediction market like Kalshi and Polymarket could reach an annual volume of $1.1 trillion, marking an elevenfold increase from the estimated $100 billion expected this year. This projection suggests that prediction market operators could generate $10 billion in annual revenue …

LaLiga has announced a multi-year partnership with Polymarket, becoming the first European soccer league to align with the prediction market platform in the U.S. and Canada. The deal aims to deepen fan engagement through digital and social programming, VIP experiences, and exclusive meet-and-greets with LaLiga legends. However, the partnership faces …

The ban on gambling advertisements on the front of Premier League shirts is creating a financial crisis for many clubs, with nine teams still without a confirmed sponsor and a potential collective loss of up to £80 million in revenue. The voluntary agreement, made three years ago, is now taking …

New research has pushed back the origins of gambling by thousands of years, revealing that Native Americans were using early forms of dice in games of chance during ice age,  or as far back as 12,000 years ago. The study, published in the journal American Antiquity, challenges the long-standing belief …

The government of India imposes ban on 8,376 websites associated with online betting and gambling by March 28, 2026, according to a recent Lok Sabha response. This move underscores the government’s aggressive stance against offshore digital platforms that continue to operate despite legal restrictions. More than 4,800 of these URLs …

Representatives from Spain’s lottery industry associations, Defensa Digital (DEDIT) and Loteros en la Lucha (LELL), have warned of a “critical situation” facing the country’s lottery retail network. During recent meetings with parliament members, they presented findings from their Report on the Profitability and Digitalization of Online Lottery, outlining systemic challenges …

Government of Japan  has officially announced the reopening of its casino licensing process, with the bidding period for two additional integrated resort (IR) licenses set to begin on May 6, 2027, and conclude on November 5. This development follows the country’s 2018 authorization of up to three IRs, though only …

William Hill is facing a major backlash after a software glitch triggered 35,072 incorrect jackpot payouts in its Jackpot Drop game, leaving players out of pocket and the operator scrambling to claw back tens of millions. The error saw payouts surge to 35,000 in a single day, compared to just …

Star Entertainment has completed the sale of its 50% stake in the Queen’s Wharf Brisbane casino and entertainment complex for $53 million to its joint venture partners, Chow Tai Fook Enterprises (CTFE) and Far East Consortium International (FEC). The deal eliminates a $1.4 billion debt tied to the project, providing …

BetMGM has confirmed it will ban credit card deposit for US players starting March 31, affecting both sports betting and online casino funding. The policy change, announced during a Pennsylvania regulatory hearing, will block existing credit cards and reject new card registrations across all licensed markets. This decision aligns BetMGM …

BetMGM has been fined $100,000 by Pennsylvania’s Gaming Control Board (PGCB) for failing to enforce proper know-your-customer (KYC) procedures, allowing fraudulent account creation and funding across its platforms, including Borgata. The PGCB found that BetMGM and Borgata failed to prevent individuals from opening and using multiple accounts with stolen identities …

The NFL is set to award Super Bowl LXIII to Las Vegas in 2029, according to reports. The vote by NFL owners, expected to take place as early as Monday during their meeting in Phoenix, is described as a formality, signaling the league’s confidence in Las Vegas as a future …

JOI Gaming, the operator of Jack’s Casino, has received a warning from the Dutch gambling regulator, Kansspelautoriteit (KSA), following an anonymous report about a promotional breach on the Professional Darts Corporation (PDC) website. The issue arose because clicking on the Jack’s Casino logo on the PDC site led users directly …