New York judge orders Papaya Gaming to pay Skillz $719m
The order requires Papaya Gaming to pay $719m plus legal fees to Skillz.
All news
Reports
Lawyers warn prediction markets face further legal battles beyond state disputes
Operators face unsettled insider-trading rules and possible CFTC contract limits that could trim the sports-driven business model.
US states step up regulatory focus on prediction markets
State-level scrutiny of prediction markets adds compliance uncertainty for operators and suppliers exposed to event-contract products.
Judge blocks Minnesota prediction markets ban over CFTC jurisdiction
The ruling limits state-level bans on event contracts, affecting operators such as Kalshi and Polymarket and shaping how regulators police prediction markets.
Minnesota judge blocks planned event-contract ban
The ruling pauses Minnesota's ban while its legal interpretation remains disputed.
Acquisition
Fanatics moves to acquire Water Street Labs
Fanatics gaining direct control over prediction market infrastructure matters to operators and suppliers facing a new in-house competitor.
AGCOM Council to review consultation results on responsible gambling communication guidelines
The supplementary guidance would set content and format rules for responsible gambling campaigns by licensees, advertisers and media owners in Italy.
NFL seeks tighter CFTC rules for sports contracts
The NFL's requests for restrictions, insider trading controls and user protections could reshape sports prediction contract rules for operators.
ADM says circular 18/2026 is suspended and under review
The clarification limits how the suspended customs circular can be applied to Covid-era procedures, affecting operators handling product clearance.
Lottomatica reports H1 revenue of €1.2bn and reiterates 2026 EBITDA guidance
Lottomatica’s first-half growth and expectation of reaching the top of its guidance inform investors’ earnings outlook.
Land-based gambling licences face possible further extensions amid reform delay
Possible two- or three-year extensions leave land-based operators awaiting the unresolved reform decree as the deadline approached.
SEGG shifts Lottery.com to affiliate-only model
Lottery.com becoming a global master affiliate platform shifts its model toward affiliate distribution, affecting operator agreements in North America and Latin America.
Goa casino regulations face possible delay beyond 2027 election
A possible delay beyond the 2027 election would defer Goa casino rules despite the government finalising the draft.
AGCOM Council to review consultation results on gambling disorder campaign guidelines
The guidance will set the criteria for institutional campaigns on gambling disorder, shaping how prevention messaging reaches the public in Italy.
UKGC rejects claims it ignored racing feedback on financial checks
The UKGC disputing claims that financial risk assessments ignored racing's concerns matters to operators awaiting the planned assessments.
Souto Correa lawyer analyses Brazil's stricter gambling enforcement measures
Gomes argues good regulation rewards compliant operators and removes rule-breakers, shaping compliance expectations in Brazil.
La Banca warns of impersonation through social media advertising
La Banca's warning alerts users to social media advertising impersonating Uruguay's state-regulated betting network.
Brazil finance ministry opens more than 100 betting proceedings
Over 100 administrative proceedings subject licensed betting operators' market activity to scrutiny by Brazil's finance ministry.
Acquisition
Fanatics to buy BGC's Water Street Labs and CX Clearinghouse for prediction market exchange
The deal would give Fanatics regulated exchange and clearing infrastructure as it expands its prediction markets business, which operates in 23 US states.
TAR Lombardia annuls Milan gaming-hall licence suspension
The annulment removes a Milan gaming hall's five-day licence suspension because police insufficiently explained the measure.
Kahnawà:ke council reports appeal against dismissed Quebec court proceedings
The appeal keeps the dispute over an unlicensed community-based gambling operation before Quebec's courts, with occupancy of the premises still at issue.
Source: Kahnawake Gaming Commission
Nigeria's Supreme Court ruling leaves operators facing 37 state regulators
Operators entering Nigeria now face multiple state licences and uneven enforcement, raising compliance costs and complicating market entry.
Dutch gambling tax increase raises €2m against €108m forecast
Receipts of €2m against a €108m forecast show the Dutch tax increase fell short, with state-owned businesses most affected.
South African bookmakers' association urges ban on prediction markets
A bookmaker body seeking a ban signals regulatory pressure that could reshape how prediction-market products are treated in South Africa.
Turkey freezes 6,314 bank accounts in illegal-betting operation
The account freezes target financial flows allegedly used by illegal betting platforms, coordinated by Istanbul prosecutors.