The Major League Baseball Players Association (MLBPA) is reportedly pushing for a nationwide ban on player prop bets, targeting both retail and online sportsbooks as well as federally regulated prediction markets. This move comes as the union and MLB enter negotiations for a new Collective Bargaining Agreement (CBA), set to …
Read More »Alberta’s Regulated iGaming Market Sees 46 Operators Ready
Alberta’s regulated iGaming market is set to launch on July 13, with 46 operators now registered and paid their initial fees to Alberta Gaming, Liquor & Cannabis (AGLC). While initial interest saw up to 70 companies expressing intent to enter the market, the final count reflects those who have completed …
Read More »Stakelogic Fined by UKGC for Failing Slot Speed Standards
Stakelogic BV has been fined £122,835 by the UK Gambling Commission (UKGC) after an investigation found that 16 of its slot games failed to comply with minimum spin speed requirements. The primary issue involved Tiger Temple 88, which was running at 1.97 seconds per spin, significantly below the mandated 2.5-second …
Read More »DOJ Cracks Down on Illegal Offshore Sports Betting in Costa Rica
The U.S. Department of Justice’s National Fraud Enforcement Division has made its first significant impact by prosecuting Jason Noah Feinman, a California resident, for operating an illegal offshore sports betting platform from Costa Rica. Feinman was sentenced to 27 months in prison and ordered to forfeit $3 million after admitting …
Read More »Dominican Republic Reforms Lottery Taxation
The Dominican Republic Senate has finalized revisions to its Anti-Crisis Plan, introducing key changes to the taxation of lottery and betting activities. The plan, with a budget of approximately DOP 40-50 billion, includes tax amnesty measures, fiscal reforms, and the cancellation of advance tax payments. However, the latest amendments focus …
Read More »Danish Gambling Authority Requires Operators to Evaluate New Technology Risks
The Danish Gambling Authority (Spillemyndigheden) has issued guidelines requiring gambling operators to conduct comprehensive risk assessments for any new technology before deploying it. Under Section 7(1) of the Anti-Money Laundering Act, operators must evaluate potential risks associated with their business models, including customer interactions, products, services, transactions, delivery methods, and …
Read More »Betting and Gaming Council Extends Open Invitation to Tech Giants to Combat Illegal Gambling
The Betting and Gaming Council (BGC), led by CEO Grainne Hurst, has extended an open invitation to tech companies like Meta and Google to join the fight against illegal gambling in the UK. In a direct appeal, Hurst highlighted the rampant spread of unregulated gambling across social media, search engines, …
Read More »Manchester United’s £20M Betway Training Wear Deal Signals Shift in EPL Gambling Sponsorship
Manchester United has finalized a record-breaking sponsorship agreement with Betway, securing a £20 million ($27 million) annual deal for the team’s training wear. The partnership marks a significant shift in how Premier League clubs are monetizing their brand amid regulatory changes targeting gambling sponsorship. The deal comes as Manchester United …
Read More »Polymarket Shut Down in Nevada
A Nevada judge has granted a preliminary injunction preventing Polymarket from offering event contracts to residents, escalating the state’s legal battle against prediction markets. The ruling, reported by The Las Vegas Review-Journal, follows similar court orders against Kalshi and Coinbase, indicating a broader effort by Nevada regulators to enforce state …
Read More »Bell Casino Joins Paf Group Changing Europe’s Maritime Gambling Landscape
Paf has finalized its acquisition of Bell Casino, a Swedish maritime gambling supplier, significantly expanding its European footprint. The deal allows Paf to operate on around 50 additional vessels across routes connecting Sweden, Germany, Poland, the Baltics, the UK, Ireland, and the Netherlands, complementing its existing fleet of 26 ships …
Read More »Spain Joins Global Ban on Prediction Markets
Spain has temporarily banned access to the prediction markets Kalshi and Polymarket, joining a growing list of countries that ban these platforms viewing them as facilitating illegal gambling. The decision by Spain’s Consumer Rights Ministry follows disciplinary proceedings initiated against both companies for alleged violations of gambling regulations. The ministry …
Read More »President Trump Urges CFTC to Protect Prediction Markets
President Donald Trump has publicly backed the Commodity Futures Trading Commission (CFTC) in maintaining its regulatory authority over prediction markets. In a recent post on Truth Social, Trump praised the CFTC’s role and criticized political opponents who are attempting to hinder the industry’s growth. “It is critically important that the …
Read More »National Institute on Drug Abuse Highlights Teen Gambling Epidemic
The National Institute on Drug Abuse (NIDA) has raised concerns about a deepening crisis: gambling addiction is increasing among teenagers. During testimony before a House Appropriations subcommittee, Dr. Nora Volkow, director of NIDA, noted that the highest risk group is teenagers transitioning into young adulthood. “In terms of the highest …
Read More »Ethical Risks in Prediction Markets and Sports Betting
A faculty scholar at Santa Clara University has sounded the alarm on the ethical challenges plaguing prediction markets and sports betting, arguing that these industries often fall short of fairness standards. Hersh Shefrin from the Markkula Center for Applied Ethics contends that while participants enter these markets voluntarily, they may …
Read More »Kalshi Partners with NCPG to Promote Responsible Trading
Kalshi, the prediction market platform, has joined the National Council on Problem Gambling (NCPG), despite its repeated assertions that it operates as a financial trading platform rather than a gambling entity. The partnership includes a new Financial Services & Trading Subcategory within the NCPG, reflecting the growing intersection of financial …
Read More »Hard Rock Digital Granted Ontario iGaming License
Hard Rock Digital Canada Ltd. has been granted an internet gaming operator license by the Alcohol and Gaming Commission of Ontario (AGCO) for its Hard Rock Bet platform. The license, issued on May 14 and set to expire on May 13, 2027, opens the door for the brand to enter …
Read More »France’s Gambling Regulator ANJ Exposes Alarming Link
New findings from France’s gambling regulator, the Autorité Nationale des Jeux (ANJ), expose a troubling reality: 60% of the country’s online gambling revenue is generated by players identified as high-risk. The data, derived from an advanced risk-scoring algorithm, underscores the industry’s heavy dependence on a small segment of potentially vulnerable …
Read More »Entain Pushes Independent Regulator to Ban Unlicensed Gambling Sponsors
Entain has taken its fight against unlicensed betting sponsorships in English football to the Independent Football Regulator (IFR), urging the body to intervene and shut down partnerships between Premier League clubs and unlicensed gambling firms. The move marks a renewed effort by Stella David, CEO of Entain, who previously appealed …
Read More »Alberta iGaming Market Set to Launch with 28 Operators
Alberta’s new open iGaming market is set to launch on July 13, and the regulator, Alberta Gaming, Liquor & Cannabis (AGLC), has announced that 28 operators have already registered or begun the registration process. The list includes major industry players such as DraftKings, FanDuel, PointsBet Canada, BetRivers, theScore Bet, Jackpot …
Read More »Betty Gaming Secures UK License for June 1 Launch
Betty Gaming CA Ltd. has obtained a UK Gambling Commission license and announced plans to launch its online casino in the British market on June 1, 2026. The move marks the company’s first international expansion beyond its home market of Ontario and demonstrates the potential of its decentralized franchise business …
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