Massachusetts Gaming Commission chair warns of risks from prediction markets
The warning concerns underage exposure to platforms outside Massachusetts’ gambling supervision.
All news
Reports
Polymarket reportedly seeks $400m at a $15bn valuation
A possible raise and reported institutional investment could affect the funding and commercial direction of a prediction-market platform.
New Zealand High Court keeps related online gambling cases separate
The cases test operators’ exposure to claims concerning online gambling services offered to New Zealand players.
Polymarket agrees $22m Lazio shirt sponsorship despite Italian ban
The deal tests how Italy’s restrictions on gambling advertising apply to a prediction-market brand’s football sponsorship.
New Zealand High Court hears coordinated online gambling claims against operators
The proceedings may test operators’ legal exposure for online gambling offered to New Zealand customers.
bet365 says it enters Michigan as its 17th US market
Michigan customers can access bet365 sports betting and online casino products, expanding the company’s US presence.
Award
Ohio department awards $1 million gambling-treatment contract
The contract funds gambling-harm treatment and recovery services for people in Ohio.
Lula reportedly prepares decree restricting Brazil betting
Operators may face new restrictions on eligible bettors and gambling marketing if the reported decree is issued.
Kalshi faces potential Supreme Court review over US sports event contracts
The cases could affect whether states can regulate sports event contracts offered by prediction markets.
Ninth Circuit weighs Nevada enforcement against sports prediction contracts
The ruling could determine whether Nevada can enforce state gambling laws against these sports-event contracts.
US officials scrutinise prediction markets over insider-trading concerns
Operators face increased scrutiny over market integrity and the use of private information in prediction-market trading.
Hong Kong council warns prediction markets may constitute illegal gambling
The warning raises legal and consumer-protection risks for prediction-market platforms and their users in Hong Kong.
Fanatics Markets launches multi-event Combos across eight sports
The feature expands Fanatics Markets’ contract options across multiple sports and event outcomes.
Rahm Emanuel proposes 10% US tax on online gambling wagers
If enacted, the proposal would add a federal charge to licensed online gambling and prediction-market transactions.
Gaming executives warn US prediction markets threaten licensed gambling
Operators face debate over competition from prediction markets and the regulatory treatment of event contracts.
CFTC chair says agency is investigating prediction-market misconduct
CFTC investigations and unresolved federal-state jurisdiction disputes could shape prediction-market operators’ regulatory exposure.
CFTC chair tells state representatives prediction markets are not the target
Selig’s position signals a dispute between the CFTC and states over federal authority for prediction markets.
CFTC chair points to prediction market rulemaking at House hearing
The CFTC’s rulemaking could shape how prediction-market event contracts, including sports contracts, are treated.
Licence
Gibraltar minister approved Predictstreet licence after due diligence
The account sets out who approved the licence and the regulator’s explanation of the expedited review.
Tribal gaming leaders criticise prediction markets over sovereignty and oversight
The leaders’ concerns centre on prediction-market sports contracts operating in states with restrictions on sports wagering and tribal exclusivity agreements.
Federal Police arrest suspects in alleged illegal betting and money-laundering scheme
The investigation highlights alleged links between unregulated betting proceeds and money laundering across multiple Brazilian jurisdictions.
Licence
Gibraltar grants Predictstreet licence before FIFA partnership launch
The licence and reported absence of platform activity raise questions for operators and regulators about launch readiness and oversight.
Minnesota Senate committee advances bill to prohibit prediction markets
Prediction-market operators could face felony exposure and enforcement action if the bill becomes law.
Colombia’s Constitutional Court removes 19% VAT on online betting
Online betting operators in Colombia are no longer subject to the additional 19% VAT imposed under the annulled decree.
Brazil government plans coordinated policy on prediction markets
A new policy could determine how prediction-market operators and licensed gambling companies are treated in Brazil.