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.
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Reports
Galaxy launches institutional prediction-market trading and completes $10m Arca deal
The service gives institutional clients access to prediction-market contracts through bilateral trading.
SPA schedules public hearing on online betting suppliers for 25 June
The proposed recognition rules could determine which suppliers betting operators may contract.
Kalshi challenges Minnesota prediction-market ban in court
The case could determine whether Minnesota can enforce its prediction-market restrictions against Kalshi.
Nevada court grants preliminary injunction against Polymarket
The preliminary injunction could constrain Polymarket’s event contracts in Nevada, where regulators view them as unauthorised sports wagering.
DR Congo plans central monitoring platform for gambling operators
Central monitoring could change operator reporting and tax oversight in a market where reported collections lag estimated revenue.
Nevada judge grants NGCB injunction against Polymarket
The injunction adds to Nevada’s restrictions on unlicensed prediction-market operations.
Manchester police arrest two in illegal gambling venue investigation
The investigation signals enforcement activity against suspected unlicensed gambling premises in Manchester.
Kalshi sues Minnesota over prediction markets law
The lawsuit challenges whether Minnesota can enforce its ban against a federally designated prediction market.
Appointment
Evoke appoints Janice Duncan as finance director amid Bally’s takeover talks
The appointment puts a new finance director in place while Evoke considers a possible takeover and its associated financial implications.
SEC delays political prediction-market ETFs as analyst urges rejection
The SEC’s review will determine whether financial products tied to political event contracts can enter the US market.
DR Congo plans national gambling monitoring platform amid tax and AML concerns
Operators may face closer monitoring as the government develops a centralised oversight system and new gambling rules.
Brazil’s TCU orders permanent coordination mechanism against illegal betting
The recommendations assign agencies coordination and detection work that could affect enforcement of Brazil’s betting rules.
CFTC sues Rhode Island over state action against prediction markets
The case could shape whether federal or state authorities oversee prediction-market contracts tied to sporting events.
CFTC intervenes in Rhode Island case over prediction market jurisdiction
The case could affect whether prediction-market operators face state gambling-law enforcement in Rhode Island.
Brazil committee seeks further data as deputies debate fixed-odds betting ban
The proposed nationwide ban could change the rules for licensed betting operators if lawmakers advance the bill.
Dina Titus proposes barring sports event contracts on federal exchanges
The proposed bill could restrict federally regulated exchanges from listing sports-related contracts, creating uncertainty for prediction-market operators.
ADM opens 23 senior roles, including two gaming offices, in Italy
The vacancies include leadership roles overseeing gaming machines, online gambling and betting at ADM.
ADM opens selection for 23 management posts, including two gaming offices
The selection will determine leadership for ADM offices responsible for gaming machines, online gambling and betting.
Morgan Stanley sees possible extension of Italy retail gaming concessions
A delay and higher concession costs could affect operators’ renewal plans and the competitive position of smaller businesses.
CFTC submits event-contract proposal to OMB for rulemaking
Formal rules could determine the compliance obligations for prediction-market platforms.
Tennessee attorney general appeals Kalshi sports-contract ruling
The appeal will test whether Tennessee’s sports wagering laws apply to Kalshi’s sports-event contracts.
Licence
Coljuegos authorises MrYoker for Colombia’s online market
The concession authorises MrYoker’s specified online products in Colombia through 2031 and sets expected contributions to monopoly revenues and fees.
Licence
Coljuegos authorizes MrYoker online betting launch in Colombia
Coljuegos’ authorization opens Colombia’s regulated market to MrYoker, with projected royalties and fees over the concession period.
Acquisition
Bally’s Intralot discusses potential acquisition of evoke amid UK tax changes
The possible deal could change ownership in the UK market as operators assess higher gaming taxes.