ESMA examines prediction markets in risk report
ESMA’s report highlights blurred boundaries between financial instruments, prediction markets and gambling, explicitly naming Polymarket and Kalshi.
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Reports
Rome appeal court overturns conviction of betting data centre operator
The appeal ruling overturns the betting centre owner’s conviction, ruling out the offence under Article 4 of Law 401/89.
Robinhood signs multi-year prediction markets infrastructure agreement with OG.com
The partnership assigns OG.com infrastructure and clearing responsibilities for Robinhood’s retail event contracts through its CFTC-regulated exchange and clearinghouse.
Blask reports 52% fall in Bangladesh iGaming demand after gambling law
Demand declined across all 26 highest-ranked brands, with the report linking contraction to a gambling law targeting payment channels.
MGCB secures Robinhood agreement to halt new Michigan sports contracts
Robinhood must stop new Michigan sports-event contracts and close existing positions while appeals proceed.
FeedConstruct secures exclusive global data and streaming rights for Panama football
The agreement gives FeedConstruct exclusive content rights across both tiers of Panama’s domestic football competitions.
Robinhood agrees to end Michigan sports-contract positions by 9 October
Robinhood’s Michigan sports-event contracts face restrictions while related court proceedings remain unresolved.
Iowa federal judge rejects Kalshi bid to block state gambling oversight
The ruling leaves Iowa gambling laws applicable to Kalshi’s sports-related event contracts as litigation continues.
FeedConstruct secures CAVA data and streaming rights worldwide
The agreement adds CAVA competitions to FeedConstruct’s content available to betting and iGaming partners.
Underdog challenges five states over sports-event contracts
The lawsuits test whether state gambling laws apply to Underdog’s event contracts under federal oversight.
New Jersey seeks US Supreme Court review of Kalshi sports contract ruling
The petition challenges a ruling favouring Kalshi over New Jersey’s authority to regulate its sports contracts as gambling.
US appeals court denies Kalshi emergency injunction in Utah
The denial removes a legal barrier for Utah enforcement against Kalshi's sports event contracts, raising compliance risk for prediction-market operators in restricted states.
Florida resident sues Wynn Las Vegas over alleged Legionnaires’ disease exposure
Wynn Las Vegas faces a lawsuit alleging inadequate preventive measures after a guest allegedly contracted Legionnaires’ disease during his stay.
La Pampa FIA orders disclosure of Casino Club online betting contract
Disclosure could give operators and regulators access to contract terms and information on financial oversight and responsible-gambling obligations.
Robinhood routes football prediction contracts through Crypto.com and OG.com
Robinhood gains another venue for football prediction contracts and equity stakes in Crypto.com and OG.com.
Robinhood agrees to halt new Michigan sports event contracts
The agreement pauses new Michigan contracts and requires existing positions to close without resolving whether state gambling laws apply.
Robinhood agrees to withdraw sports event contracts from Michigan pending litigation
Robinhood’s sports event contracts remain withdrawn from Michigan at least until the Sixth Circuit rules on related appeals.
Florida visitor brings Legionnaires’ disease claim against Wynn Las Vegas
The lawsuit raises an allegation of disease exposure during a guest’s stay at Wynn Las Vegas.
IGCO classifies sports and entertainment prediction contracts as gambling in British Columbia
IGCO considers sports and entertainment outcome contracts gambling subject to Canada’s Criminal Code and provincial gambling regulation.
NFL renews request for prediction markets to remove objectionable game-related bets
Prediction market operators face another NFL request to remove game-linked contracts it considers objectionable.
Fine
FINTRAC fines Canadian provincial gaming corporations a combined CA$631,538.50
Gaming corporations in New Brunswick and Nova Scotia paid CA$631,538.50 after examinations found failures to report suspicious transactions.
NFL renews call for prediction markets to remove certain sports contracts
Prediction exchanges face renewed NFL demands to remove sports contracts flagged as susceptible to manipulation and insider trading.
Canadian Lottery Coalition seeks tighter prediction market controls in Canada
Prediction markets face calls for stronger restrictions after financial regulators stated sports event contracts should not qualify as securities.
Brazil’s central bank questions betting advertisements on financial platforms
Financial institutions’ betting promotions face central bank scrutiny as it considers digital consumer protection rules and examines gambling-related indebtedness.
BCRA prepares transfer-risk profiles to identify payments linked to illegal gambling
Banks and payment providers may use the profiles to flag transfers potentially linked to illegal gambling for review.