Ninth Circuit ruling against Kalshi draws citations in other prediction market cases
A federal appellate split over prediction markets exposes operators and state regulators to conflicting court standards and possible Supreme Court review.
Laws, tax changes, consultations and gambling policy.
A federal appellate split over prediction markets exposes operators and state regulators to conflicting court standards and possible Supreme Court review.
Operators face higher tax obligations and risk losing permission to operate if payments remain overdue for more than one month.
Brazil’s betting secretariat identifies illegal betting enforcement as a priority, with Cardoso discussing challenges and methods.
iGaming Brazil’s reported traffic estimate suggests consumer protection regulation has left illegal platforms with a substantial share of online betting traffic.
Higher casino and slot-machine tax receipts increase the gambling sector’s contribution to government revenue.
Uncertainty over exposed personal, financial or internal records leaves the scope of Malta’s gambling regulator breach unresolved.
The commentary examines operator and player permissions, a new stake limit and GGL practice concerning illegal gambling.
The ruling keeps Nevada sports prediction markets subject to state gambling rules.
Canada’s regulatory stance concerns suppliers offering sports prediction markets in the country.
Conflicting appellate rulings on Kalshi could bring the dispute before the Supreme Court.
Record monthly wagering and active player accounts mark new activity highs in Ontario’s regulated iGaming market.
Betting advertisers face an updated framework following Conar’s confirmed changes to Annex X.
The court ruled against Kalshi’s Nevada sports contracts while leaving federal pre-emption unresolved for election contracts.
Prospective operators face a proposed licensing freeze, while existing operators would need regularisation and compliance-based renewal assessments.
Prediction market operators face state gambling regulation under the appeals ruling, which Kalshi plans to challenge through further review.
Parliament approved lowering Botswana’s legal gambling age from 21 to 18, expanding the legally eligible age group.
Betting companies withdrew Irish pub account services amid enforcement requiring customer identification for qualifying collections and payments to account holders.
The Dutch regulator’s findings document increased youth gambling in the Netherlands.
Nevada can enforce gambling laws against Kalshi’s sports event contracts following rejection of its federal pre-emption argument.
Licensed Australian wagering operators could face higher compliance costs while competing with offshore businesses outside the advertising requirements.
ANJL disputes retrospective tax liability, while Federal Revenue alleges a betting business operated locally without paying Brazilian taxes.
September marks the 28th Responsible Gaming Education Month, while almost 60% of Americans gambled in some form last year.
The proposal would require authorised operators to cease operations within 90 days, stop registrations and deposits, and refund balances.
Kalshi’s review found no evidence that Prakash traded on races covered by the fabricated election polls he circulated.
US adult participation in online sports betting reached 10%, compared with 6% in 2022.