AGSI urges Italy to reject proposed one-point PREU rise on AWP machines
Operators and concession holders face potential tax changes and a proposed extension of existing concessions.
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Coinbase says prediction markets exceed $200m annualised revenue in Q3
The reported prediction-market revenue and trader growth provide commercial context as Coinbase’s Q3 net revenue fell year on year.
Chile government projects more than US$100m in first-year online betting tax revenue
The proposed tax and advertising rules would affect online operators’ projected costs and marketing activity if enacted.
CFTC and Justice Department seek order blocking Utah cases against Kalshi
The request could affect whether Utah can enforce gambling laws against prediction-market contracts while the dispute proceeds.
DraftKings expands prediction-markets strategy with its own contracts platform
DraftKings’ expansion brings a major betting and online casino group into competition with specialist prediction-market platforms.
Chile Senate bill text details 22% tax and online betting advertising rules
Operators would need to account for the proposed tax regime and transitional restrictions on existing advertising contracts.
Brazil's central bank liquidates MW Pay after alleged serious violations
The liquidation affects a payment provider reported to have served sports betting operators and freezes assets during the investigation.
NFL policy bars Saquon Barkley from holding Polymarket stake
The policy affects prediction-market investment by NFL personnel and signals the league’s position on sports event contracts.
Tender
Ontario invites casino investment proposals for Niagara market
Prospective operators can assess Niagara’s investment and entrance-fee requirements before responding to the procurement process.
Kalshi partners with S&P Dow Jones Indices on financial-market products
Indices tied to event contracts and stock benchmarks could give investors and traders another way to gain benchmark exposure.
Tender
Ontario launches Niagara gaming investment procurement with C$1.5bn minimum per operator
Prospective operators must weigh Niagara’s minimum investment and entrance fee when considering participation in the market.
Tender
Ontario and OLG invite casino operators to invest in Niagara Region
The proposed entry terms could change operator access and competition in the Niagara casino market.
MGCB agreement requires Polymarket to withdraw Michigan sports contracts
The agreement sets a deadline for Polymarket to exit Michigan sports event contracts while its appeal remains unresolved.
Broadridge adds Kalshi event contracts to CQG trading platforms
The integration gives brokers, futures commission merchants and traders another route to access Kalshi event contracts within existing trading systems.
Source: PR Newswire Gaming
Tender
Ontario seeks casino operators for Niagara investment of more than $3 billion
Operators considering Niagara face a minimum investment and entrance fee, with expressions of interest due by 3 December.
Faber Lotto plans to cut 120 jobs as it shifts focus to digital lottery business
The cuts affect the lottery intermediary’s staffing and its balance between telephone, written and digital sales.
San Agustín del Guadalix sets 200-metre separation rule for gambling venues
Operators planning venues in the municipality must account for the stated separation distance and potential opening-hour limits.
Pennsylvania gaming board weighs licensing issue in Bally’s Intralot-Evoke deal
The board’s decision could affect the timing and regulatory approval of the proposed acquisition.
DraftKings considers opportunity in cryptocurrency event contracts
The reported interest could affect DraftKings’ product and routing choices in the prediction-markets sector.
Michigan Gaming Control Board agreement requires Polymarket to end sports contracts
The agreement sets a deadline for Polymarket to withdraw its sports event contracts from Michigan customers.
Polymarket election contracts in Brazil record US$249m in trading volume
The reported block and derivatives restrictions bear on prediction-market access in Brazil, despite substantial trading volume.
Federal Court orders The Star to pay A$260m for AML/CTF breaches
Casino operators should review customer checks and monitoring for high-risk customers to meet AML and counter-terrorism financing laws.
Polymarket US agrees to end Michigan sports contracts by 25 November
The agreement sets a court-approved deadline for Polymarket US to end Michigan sports contracts and close open positions.
Brazil government prioritises vote on fixed-odds betting ban
Congressional and court proceedings could determine the measure’s effect on regulated betting and sponsorship arrangements.
Brazilian clubs seek longer betting-contract transition period
A longer transition period could affect betting-company contracts with the clubs.