Licence
NFA grants FanDuel FCM licence for US prediction market business
The licence could increase FanDuel’s control over its prediction market business without authorising it to operate its own designated exchange.
All news
Reports
MGCB orders 33 offshore gambling websites to cease Michigan operations
The MGCB said the 33 sites offered casino games, sports betting and sweepstakes games in Michigan without licences.
Mincetur closes illegal betting and slot venues in Lambayeque and Huánuco
The closures remove unauthorised betting and gaming equipment from two Peruvian regions, including machines intended for minors.
Source: Mincetur (Peru)
Thailand plans social media cooperation to tackle illegal gambling advertising
Planned platform cooperation would supply Thai police with monitoring data to pursue action against illegal gambling advertising.
Lottomatica and CIRSA sign plan for merger into Italian group
The signed plan sets out CIRSA’s proposed merger into Lottomatica, giving investors a formal agreement following September’s disclosure.
Stake wins São Paulo injunction to resume Brazil operations until 25 October
The ruling gives Stake a short operating window in Brazil while leaving its longer-term licence and the wider betting ban unresolved.
World Poker Tour restores LA Poker Classic partnership for 2027 championship
Commerce Casino’s tournament schedule will again include a WPT-branded championship alongside its longer poker series.
Brazil's AGU to sue eight betting firms over missing balance data
The court action tests whether operators can be forced to supply balance data that banks need to return R$159m to bettors.
Brazil's MP 1.394 revokes betting levies for public security
Operators face uncertainty over betting-revenue allocations as Brazil's government removes a funding stream it had legislated to expand.
Acquisition
Bank of America upgrades DraftKings to Buy after 19% monthly decline
Bank of America’s upgrade highlights potentially bottoming earnings expectations and reduced prediction market cannibalisation risk for DraftKings investors.
Everton’s Martin Sherif receives fine over betting breaches
Sherif’s betting case results in a financial penalty without a sporting sanction, defining the disciplinary outcome for the player.
NFL backs states and tribes in US Supreme Court prediction markets dispute
The dispute concerns whether federal commodities regulators or gambling authorities should oversee sports contracts, affecting prediction market oversight.
Jumpman Gaming wins appeal against £13.2m in HMRC duty assessments
The appeal outcome removes £13.2m in duty assessments against Jumpman Gaming.
Four tribes partner with Kalshi on prediction market apps in the USA
The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
CFTC codifies rule excluding casino-style wagers from swap definition
The CFTC is codifying a rule excluding casino-style gambling products, including sports bets, from the swap definition.
CFTC releases interim rule to distinguish sports event contracts from traditional sports betting
The rule concerns the regulatory distinction between sports event contracts and traditional sports betting.
Brazil’s Centrão plans revisions to online wagering ban after presidential runoff
Lawmakers are seeking changes to Brazil’s nationwide online wagering ban, with compromise discussions planned after the presidential runoff.
Buenos Aires province lawmakers consider 20 October discussion of online gambling bill
The bill seeks additional platform controls and advertising restrictions for online gambling in Buenos Aires province.
NFL urges Supreme Court review of sports event contracts
The case and lawsuit could affect how sports event contracts operate and how Florida’s gaming compact applies to DraftKings’ platform.
MGCB issues cease-and-desist letters to 33 offshore gambling operators
Michigan’s cease-and-desist letters target 33 offshore operators over unlicensed gambling, alongside public warnings about problem gambling risks.
NFL urges US Supreme Court to allow state regulation of prediction markets
The NFL’s request supports state regulation of prediction markets and challenges federal treatment of sports-linked contracts.
Wyoming committee sends sweepstakes gaming draft to council; Pennsylvania bill proposes fines
The proposals could change how sweepstakes gaming operators and related service providers are treated in Wyoming and Pennsylvania.
Sands CEO excludes casino hotel from proposed Dallas Mavericks arena site
Space constraints rule out a casino hotel at the proposed Dallas Mavericks arena site even if Texas changes gambling laws.
Supreme Court questions Ontario over cross-border igaming enforcement
Justices’ questions focus on Ontario’s ability to enforce proposed cross-border igaming rules against players abroad.
Kalshi partners with tribes as FanDuel shifts away from CME
Kalshi’s tribal partnerships and FanDuel’s continuing shift away from CME mark changes in their business relationships.