Prediction Markets coalition asks CFTC to narrow gaming definition
The CFTC’s interpretation could affect whether sports event contracts fall under federal rules or state gambling oversight.
All news
Reports
KSA rejects Nedcoin companies’ request for repayment of supervision costs
The decision denies the companies’ cost-recovery request while their new arcade licence applications remain pending.
Kansspelautoriteit investigates ClickOut Media over gambling-related websites
The investigation concerns online gambling advertising and websites reportedly promoting operators that are illegal in the Netherlands.
Formula 1 names FanDuel official betting partner
The agreement gives FanDuel users race-weekend insights and adds betting options during the season.
CFTC consultation draws prediction-market recommendations
The recommendations may inform the CFTC’s approach to a regulatory framework for prediction markets.
Brazil plans six-month betting restriction for debt renegotiation participants
Operators may need to modify their systems to block registrations by users in debt renegotiation programmes.
Democratic lawmakers urge CFTC to restrict prediction-market event contracts
The requested rules could limit the event contracts available to prediction-market platforms and traders.
Missouri committee considers higher casino fees and gambling taxes
If enacted, the proposal would raise fees and taxes for Missouri casinos and sports wagering platforms.
Licence
Illinois Gaming Board renews Hard Rock Casino Rockford owner’s licence for four years
The renewal allows the casino’s owner to continue operating under a four-year licence extension.
seed
XO Market raises $6 million in seed funding for user-created prediction markets
The funding supports a prediction-market platform whose user-created markets could broaden the events available to traders.
Brazilian analysis disputes claims that betting drives household debt
The analysis may inform legislation by challenging claims that betting is a structural cause of Brazilian household debt.
Rio Grande do Sul enacts gambling advertising restrictions under Law 16,508
Operators advertising in Rio Grande do Sul must meet new warning, audience and placement requirements.
Nevada Gaming Control Board reports March gaming win rises 12% statewide
The results give Nevada casino operators and investors a measure of March revenue trends across major markets.
US Senate bars members and staff from prediction-market betting
The rule restricts prediction-market betting by senators and Senate staff, including people with access to sensitive information.
South Korea commission reports illegal gambling market worth 96 trillion won
The reported market estimate and youth-case figures inform regulatory efforts to address illegal gambling in South Korea.
FBI charges 22 people in alleged Indiana illegal sports-betting network
The case puts operators and businesses accused of facilitating illegal sports betting at risk of criminal prosecution.
Prediction-market users report gambling relapses as regulatory dispute continues
The accounts raise responsible-gambling concerns as regulators and courts consider how prediction markets should be overseen.
GRAI signs gambling-regulation cooperation agreement with Alderney commission
The agreement establishes a regulatory cooperation framework as Ireland prepares to begin issuing gambling licences.
A247 reports 80% of users move to casino games in Brazil
A casino-first entry point shows how A247 is directing users from sports betting toward online casino.
New York launches 10-year gambling behaviour study
The study will provide state agencies with evidence to guide gambling-harm prevention and treatment programmes.
Missouri bill proposes $5.50 casino entry fee and sports betting levy
The proposal could change casino costs and the fee structure for online sports betting in Missouri.
Granite State Gaming plans casino after Littleton property purchase
The planned Littleton casino could expand local operations, but unspecified scale and budget limit project assessment.
Appointment
Hacksaw appoints Ana Vrabic Verdir interim CEO after removing Christoffer Källberg
The leadership change puts an interim chief executive in place while Hacksaw searches for a permanent successor.
Brazil sets CBS rules for betting and lottery activities
The GGR tax base and scheduled rate increases help operators and lottery providers assess Brazil’s future tax exposure.
Missouri man pleads guilty in illegal gambling business generating $7.7m
The plea and alleged proceeds signal enforcement exposure for illegal gambling operations in Missouri.