Canadian regulators reject sports prediction markets under financial trading legislation
The notice clarifies federal regulators’ opposition to sports prediction markets under Canadian securities or derivatives legislation.
All news
Reports
AGCO agrees $80,000 settlement with NorthStar Gaming over alleged AML failures
The settlement imposes an $80,000 payment over allegations that NorthStar allowed continued gambling despite apparent money laundering risks.
SEC has not approved prediction market ETFs as filings expand
ETF issuers and operators face unresolved regulatory review across products tied to event contracts and futures.
White House and Donald Trump Jr. engage state officials over US prediction markets
North Carolina's approach allows CFTC-registered prediction market operators to operate without state licences while paying a 6% tax.
Botswana Parliament approves gambling reforms reducing legal age to 18
The reforms require investors to secure regulatory approval for qualifying stakes and widen the regulator’s powers over gambling licences.
DraftKings directs up to $30m in marketing spend to HardScope
The agreement commits DraftKings marketing spend to a company launched by its co-founder Matt Kalish.
Hokkaido reports 15 responses to Japan casino development inquiry
The responses indicate prospective developer interest ahead of Japan’s expected 2027 casino bidding round.
Licence
AGLC grants Amusnet Gaming conditional supplier licence in Alberta
The conditional licence authorises Amusnet Gaming to provide online gaming content to authorised Alberta operators.
Italy classifies responsible-gambling campaign spending as representation expenses
Concessionaires may be unable to deduct all the costs of campaigns they are required to fund.
Connecticut seeks injunction against Kalshi’s sports event contracts
Connecticut seeks to stop Kalshi’s alleged unlicensed sports wagering, while Kalshi asserts exclusive CFTC jurisdiction and appeals an enforcement ruling.
Acquisition
IEQ Capital buys $1.18m stake in Monarch Casino & Resort
IEQ Capital’s approximately $1.18m share purchase gives it roughly 0.05% ownership of Monarch Casino & Resort.
Cantabria proposes debit-card payments capped at €300 daily in gambling venues
Gaming venues in Cantabria could offer debit-card funding for machines, subject to a daily cap and venue-specific ticket rules.
Gordon Brown proposes Machine Gaming Duty increase to help address fuel crisis
Brown’s proposal calls for higher Machine Gaming Duty to help address the winter fuel crisis.
Malaysian government denies issuing new gambling permits since the 1990s
The reported rulings prevent Malaysia’s government from refusing gambling licence renewals, while it denies issuing new permits since the 1990s.
AGCOM guidance raises questions over Lazio sleeve sponsorship by Kaiyunsports.news
The guidance raises compliance questions for clubs and gambling-linked brands using visible shirt sponsorship in Italy.
Licence
Alberta regulator grants Amusnet Gaming a conditional supplier licence
The conditional licence makes Amusnet eligible to supply content to authorised operators in Alberta.
Italy makes specified gambling sponsorship costs non-deductible under decree
Operators and related information or comparison services face reduced tax deductions for specified sponsorship and investment costs.
Cipriani targets October 2027 opening for Uruguay’s San Rafael casino complex
Suppliers and investors have an October 2027 opening target, with construction expected to finish between April and May 2027.
PAGCOR plans app to distinguish licensed online casinos from unlicensed sites
PAGCOR’s planned app aims to discourage migration to illegal online gambling as its gross gaming revenue declines.
Connecticut sues Kalshi to stop sports event contracts
Kalshi faces a lawsuit seeking to stop its Connecticut sports contracts while contesting state gambling authority under federal oversight.
Philippines BIR seals 297 unregistered betting devices at cockpit arenas
Cockpit operators must register affected equipment and settle applicable penalties and taxes before devices can be released.
Licence
Maldonado says national government decides on Casino Cipriani relocation
The prospective casino relocation depends on national approval, not the municipality’s building authorisation.
Salta lawmakers pass bill restricting betting adverts on state property
The bill would limit where betting companies can advertise on Salta state property if enacted.
Spain adds four Liga F matches to La Quiniela betting coupon
The change adds women's league fixtures to the state betting game and allocates Liga F a share of its revenue.
Licence
West Virginia Lottery approves Greenbrier casino licence under new ownership
The approval establishes the ownership structure under which The Greenbrier's casino will operate.