SEGG partners Polymarket to launch Sports.com prediction markets
The agreement gives SEGG a planned prediction-market offering and sets the technology partnership’s initial term and revenue model.
All news
Reports
Strive Gaming wins Resorts World New Jersey platform contract
The contract gives Strive responsibility for payments, risk management, fraud detection and front-end development for Resorts World online.
Ohio senator proposes licensing and taxing sports event contracts
If enacted, the bill would bring sports-event contract platforms under Ohio licensing, compliance and tax requirements.
Robinhood CEO forecasts consolidation in prediction markets
Robinhood’s planned joint venture could make it a participant in a more concentrated prediction-markets sector.
Minnesota Senate advances bill to prohibit most event contracts
The bill could restrict prediction-market operators’ ability to offer event contracts in Minnesota.
European Commission clears Spain’s gambling risk-warning requirements
Operators communicating commercially about gambling in Spain will be subject to specified risk and underage-participation warnings.
CFTC sues New York officials over prediction markets
The cases could affect how prediction-market operators’ event contracts interact with state gambling laws.
Tender
Madrid tenders operator systems audit contract worth €326,
The contract enables technical assessments and ongoing audits of gambling operators seeking or holding authorisation in Madrid.
Konstanz court orders PokerStars operator to repay €16,600 in player losses
The ruling concerns operators’ potential liability for German customers’ losses where the required national licence was absent.
CFTC challenges state authority over prediction markets in New York and Massachusetts
The filings may determine whether states can apply gambling laws to CFTC registrants offering event contracts.
Anatel blocks 28 prediction market platforms in Brazil
The blocks affect access to prediction market operators and signal enforcement of Brazil’s gambling rules.
Wisconsin sues prediction market platforms over sports event contracts
The lawsuits challenge whether prediction market operators can offer sports event contracts in Wisconsin without following state gambling laws.
Oregon Lottery outlines retailer contract steps and timelines
The stated deadlines and approval periods affect when lottery equipment can be activated after a retailer business changes hands.
Source: Oregon Lottery (OR)
Brazil bars prediction-market contracts tied to sports, politics and other outcomes
The restrictions remove sports and other non-economic event contracts from Brazil’s permitted derivatives market.
Bally’s Intralot signs up to 12-year lottery technology contract in Chile
The deal gives Bally’s Intralot a long-term technology supply role and commits Polla to a large retail-terminal deployment.
Brazil finance ministry bars 27 prediction-market platforms
The prohibition makes clear that Brazil treats the identified prediction-market services as unapproved betting, not permitted derivatives trading.
Federal jury awards Skillz up to $420 million in Papaya Gaming case
The verdict and planned appeal could affect the companies’ dispute over bots and advertising in skill-based gaming.
Bernie Moreno proposes barring senators from prediction-market trading
If adopted, the resolution would restrict senators’ participation in prediction-market event contracts.
Wisconsin sues five prediction market platforms over sports contracts
The lawsuits could determine whether sports event contracts are treated as unlawful betting under Wisconsin law.
Wisconsin sues prediction-market firms over event contracts
The lawsuits challenge whether prediction-market contracts fall under state gambling law or federal oversight.
Ninth Circuit hears Nevada cases over prediction-market sports contracts
The appellate rulings could clarify whether federal derivatives law pre-empts state restrictions on sports event contracts.
Brazilian authorities bar prediction markets and block 28 platforms
The resolution and site blocking rule out prediction-market event contracts in Brazil and affect platforms serving the market.
US courts weigh state authority over prediction-market sports contracts
The court outcomes could determine whether prediction-market operators face state sportsbook consumer-protection requirements.
Appointment
Betting and Gaming Council appoints Gamesys managing director Kane Purdy as chair
Purdy’s appointment launches a rotating chair model involving representatives from BGC member companies.
Wisconsin DOJ sues five prediction-market operators over sports contracts
The lawsuits challenge whether prediction-market operators may offer sports event contracts to Wisconsin residents.