Gambling Commission reports higher participation but lower online betting and gaming
Operators can use the contrasting participation trends to inform assessments of online gambling activity in Great Britain.
All news
Reports
Acquisition
Bally’s Intralot agrees to acquire Evoke, subject to shareholder and regulatory approval
Completion would combine the two companies’ betting, online gaming and lottery businesses, subject to approvals.
Brazil sports ministry sets transparency rules for betting-tax funds
Sports bodies receiving betting-tax funds face new disclosure duties and conditions on administrative spending.
New York senator discusses casino expansion and iGaming regulation
Operators and prospective entrants can track a legislator's views on New York casino competition and possible online gambling legalisation.
Tender
KSA consults market on OpenOverGokken helpline tender
Potential bidders can inform the helpline tender before the KSA finalises its requirements.
Naples prefect issues seven anti-mafia measures, including against betting shop
The restrictions could prevent the affected betting business from accessing public contracts and authorisations.
Polymarket sues Minnesota over prediction market ban
The case challenges whether Minnesota can prohibit prediction market activity despite the company’s asserted federal protections.
South Korean lawyers warn prediction-market traders could face gambling prosecution
The reported legal uncertainty could affect South Korean residents using overseas prediction markets.
Bally’s Intralot says it has no immediate plans to sell evoke assets
The statement indicates Bally’s Intralot intends to retain evoke’s businesses if the proposed acquisition receives the required approvals.
Licence
Rush Street Interactive applies for US designated contract market licence
The application could give Rush Street Interactive an option to pursue event-based contracts as US rules and market conditions develop.
Bally’s Intralot offers to acquire evoke in £243.1 million deal
The proposed takeover and associated financing arrangements could change ownership of evoke, but completion depends on multiple approvals and conditions.
Acquisition
Bally’s Intralot agrees £243.1m acquisition of evoke
The deal would change ownership of evoke and combine its business with Bally’s Intralot, subject to completion.
New Mexico files suit against Kalshi over alleged unlicensed sports betting
The case challenges whether prediction-market sports contracts fall under New Mexico’s gaming licensing and age rules.
Kalshi launches Bitcoin perpetual contracts after CFTC approval
The CFTC-approved contracts add a US Bitcoin product that tracks spot prices without a fixed expiry.
Robinhood routes selected World Cup contracts through its Rothera exchange
The routing change may alter the event-contract business Robinhood sends to Kalshi.
New South Wales adds A$1.3m to gambling support network
The funding and service contracts expand regional support provision relevant to gambling operators and policymakers.
World Lottery Association urges regulators to treat event contracts as betting
The association’s proposal could affect how regulators classify prediction-market products and the safeguards operators must apply.
TPG reportedly prepares $1.1bn financing for Bally’s Intralot bid for Evoke
The reported financing could affect the prospects and structure of Bally’s Intralot’s proposed acquisition of Evoke.
Polymarket hosts FalconX and Anera Labs block trade on AI compute prices
The trade illustrates a potential institutional use of prediction-market contracts beyond political and economic events.
Nevada judge blocks Polymarket event contracts for state residents
The injunction restricts Polymarket’s access to Nevada residents while the dispute over state gambling authority continues.
Nevada judge blocks Polymarket from operating in the state
The injunction adds to restrictions on prediction-market operators offering event contracts to Nevada residents.
TPG Credit discusses up to £800m financing for Bally’s Intralot’s Evoke bid
The proposed financing could affect the funding and progress of Bally’s Intralot’s bid for Evoke.
Nevada court bars Polymarket from offering services in the state
The injunction restricts Polymarket in Nevada and adds to the legal dispute over state authority to regulate event contracts.
Polymarket completes first institutional on-chain block trade
Investors can note Polymarket’s institutional block trade and FalconX’s role as market maker for future trades.
Galaxy launches institutional prediction-market trading and completes $10m Arca deal
The service gives institutional clients access to prediction-market contracts through bilateral trading.