Germany’s GGL is investigating whether ADI Predictstreet’s World Cup promotions breached national advertising rules and whether German residents could access its services. The regulator said the company restricted access in Germany after supervisory measures and official intervention.
The probe concerns whether an unlicensed prediction platform reached German users and breached advertising rules.
| Date | Company | Amount | Story | Appeal status |
|---|---|---|---|---|
| ADI Predictstreet | Not stated | ADI Predictstreet restricts German access following regulatory proceedings | Not stated | |
| ADI Predictstreet | Not stated | GGL reviews ADI Predictstreet World Cup advertising | Not stated | |
| Not named | Not stated | GGL increases illegal betting checks ahead of 2026 World Cup | Not stated | |
| Not named | EUR 250,000 | GGL imposes €250,000 coercive fine on rapper Capital Bra | Not stated |
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The Deutscher Sportwettenverband (DSWV) estimates that betting turnover among German customers during the 2026 FIFA World Cup could exceed €1 billion. The association projects unlicensed operators could take €300 million to €400 million, with licensed companies handling about €600 million to €700 million.
The Commodity Futures Trading Commission ordered designated contract markets to end US geofencing that conflicts with impartial-access requirements within 30 days, or explain why they cannot comply. The order puts exchanges offering sports-event contracts at odds with court orders restricting Kalshi in several states and on tribal lands. Chairman Michael S. Selig said derivatives markets must operate nationally.
Within 30 days, designated contract markets must end geofencing restrictions in the U.S. that violate “impartial access requirements,” or give reasons they cannot comply, the CFTC has ordered. CFTC Chairman Michael S. Selig said in a statement that derivatives markets "must operate on a uniform basis at a national scale" to serve the purposes of the Commodity Exchange Act.
The Pentagon issued a directive barring military personnel from trading on prediction markets using nonpublic information. Defence Secretary Pete Hegseth warned that such trades could compromise national security and expose service members to disciplinary action or prosecution. Lawmakers also sent letters to BetMGM, Caesars, DraftKings, Fanatics, Kalshi and Polymarket expanding an inquiry into VIP programmes.
DraftKings is promoting its DraftKings Predictions platform in California and pursuing expansion in Georgia, Texas and Florida, according to the report. The article says prediction-market operators argue their products fall under Commodity Futures Trading Commission regulation rather than state gambling laws, a position disputed by some state regulators. It also reports that the debate has divided the gambling industry.
Donald Trump expressed support for US leadership in prediction markets during White House remarks on 19 August. State gambling regulators argue that sports contracts constitute betting requiring state licences, while platforms operate under CFTC oversight. The report cited Kennedy Forum estimates that sports account for 75%–90% of Kalshi’s trading volume and roughly half of Polymarket’s activity.