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Polymarket

Polymarket Appeal Rejected by Dutch Gambling Regulator

Polymarket Appeal Rejected by Dutch Gambling Regulator Highlights  KSA reaffirms an illegal gambling penalty on Polymarket despite the appeal. Last month, nine European regulators introduced a unified enforcement initiative targeting unlicensed prediction market operators. The Dutch gambling authority, Kansspelautoriteit (KSA), has upheld its sanction against Polymarket after rejecting an appeal from its operator, Adventure One …

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Prediction Market

Prediction Market Tax Push Gains Pace Across States

Prediction Market Tax Push Gains Pace Across States Highlights  Legislative push for new taxes across states on prediction market platforms. The revised measure follows an April court decision granting Kalshi a preliminary injunction against New Jersey regulators. Many states now look forward to predicting market taxes, with North Carolina and New Jersey advancing tax bills. …

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Blackjack

Court Sides With California Card Rooms on Blackjack

Court Sides With California Card Rooms on Blackjack Highlights  California card rooms score a legal win over blackjack and player-dealer rules.  Kyle Kirkland, California Gaming Association President, expressed relief over the decision. The gaming industry is experiencing a bull run in New Jersey, with figures suggesting $606.2m (in July), resulting in a staggering growth rate …

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Gambling

Survey highlights gambling concerns across Ukraine

Survey highlights gambling concerns across Ukraine Highlights  Nationwide research underlines that most Ukrainians view gambling as a serious problem. The findings point to young people and military personnel as key at-risk groups. A landmark nationwide survey on the social impact of gambling was published on Thursday by Ukraine’s Ministry of Digital Transformation, revealing its initial …

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Illegal Gambling

Brazil Busts Billion-Dollar Illegal Gambling Operation

Brazil Busts Billion-Dollar Illegal Gambling Operation Highlights Brazilian authorities expose a multibillion-dollar illegal betting scheme. Operation Conto da Sorte delivered one of the most substantial blows to Brazil’s illegal betting market. The enforcement action called Operation Conto da Sorte was launched on Thursday by the Federal Revenue Service in coordination with state Public Prosecutors’ offices …

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Gambling Tax

Report: Dutch Gambling Tax Rise Misses Revenue Target

Report: Dutch Gambling Tax Rise Misses Revenue Target Highlights  The Netherlands gambling tax hike generates less revenue than expected.  The report had no concrete evidence that the initial tax rise had a measurable impact on charitable donations. The Netherlands gambling regulator, Kansspelautoriteit (KSA), with the help of the Ministry of Finance, released a report revealing …

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Bingo

Court Supports Denial Of Retail Bingo Terminal Licence

Court Supports Denial Of Retail Bingo Terminal Licence Highlights  The Swedish Court upholds the regulatory body’s decision on the license. The operator warns the ruling could threaten bingo’s existence in Sweden. The Administrative Court of Appeal (Kammarrätten) in Sweden supports the denial of a retail bingo terminal licence. On Tuesday, the regulator’s decision was upheld, …

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Prediction Market

European Regulators Launch Joint Prediction Market Crackdown

European Regulators Launch Joint Prediction Market Crackdown Highlights  Nine European gambling regulators unite against prediction markets Malta’s Island economic minister said the country was “actively exploring the emerging field of prediction markets. On Wednesday, regulators from Belgium, France, Germany, Italy, the Netherlands, Poland, Portugal, Spain, and Switzerland announced a joint initiative targeting unlicensed prediction market …

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Prediction Market

CFTC Acts to Curb Disputed Prediction Market Products

CFTC Acts to Curb Disputed Prediction Market Products Highlights  CFTC plans to restrict event-based contracts that the platform can offer.  Industry stakeholders will resist blanket bans, but there is mounting pressure to establish concrete regulations. Subsequently, the earnings from iGaming for the month of July stand at $247.3m, marking a 26.6% annual growth rate. Both …

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Italy

Trade Group Flags Impact Of Italy Regulatory Stalemate

Trade Group Flags Impact Of Italy Regulatory Stalemate Highlights  The industry trade body EGP-FIPE has condemned local restrictions and called them ineffective in minimizing problem gambling. Even with these limitations, the state still managed to collect  €364 million ($424 million) in licensing revenue, The gaming industry is experiencing a bull run in New Jersey, with …

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Gambling Fee

California Agrees to $43M Gambling Fee Resolution

California Agrees to $43M Gambling Fee Resolution Highlights The regulator has approved a $43.3M settlement over excessive gambling fees.  However, this case reflects the legal complications that the sector faces in California.  California’s card room industry has long been under legal scrutiny. But recently, regulators agreed to a $43.3 million settlement, possibly signaling a change …

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Illegal Gambling

Hanoi Police Target Agency Linked To Illegal Gambling

Hanoi Police Target Agency Linked To Illegal Gambling Highlights  Hanoi Authorities launch probe over support for illegal gambling. Police officials have imposed travel restrictions on an additional 15 individuals. Hanoi police have filed a criminal case against SEO media agency Super Thi Seo Media Services Co Ltd for its active involvement in facilitating unlicensed gambling …

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ILLEGAL GMABLING

GCI Highlights Massive Rise In Illegal Gambling Market

GCI Highlights Massive Rise In Illegal Gambling Market Highlights  GCI reports the global illegal gambling market will hit $ 5.9 trillion in 2025. A new term, “White Noise Marketplace,” suggests that users cannot distinguish between regulated and unregulated products. A study by regtech supplier Gaming Compliance International (GCI) claims that the global value of unregulated …

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Illegal Gambling

ACCJ: Illegal Gambling Surge Hits Chile Casino Revenue 

ACCJ: Illegal Gambling Surge Hits Chile Casino Revenue Highlights  The trade body association has called for strict regulations and enforcement against illegal gambling.  Only in a few places, and in other authorized gambling casinos, where betting activity is legal. The latest reports from Asociación Chilena de Casinos y Juegos (ACCJ) trade body point to stringent …

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Gambling

Dutch Official Pushes Gambling Age Increase Amid Debt Fears 

Dutch Official Pushes Gambling Age Increase Amid Debt Fears Highlights  The CDA councillor in the Netherlands proposes to raise the legal age for online slots from 18 to 24.  Politician Sümer is encouraging other municipal representatives and political parties to pressure lawmakers for reform. Netherlands local politician Meryam Sümer, representing  Enschede, proposes that the legal …

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