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Prediction Market

Prediction Markets Win Trump Support, CFTC Praise

Prediction Markets Win Trump Support, CFTC Praise Highlights  President Donald Trump openly advocates for prediction markets on social media.  His recent comments contrast with the remarks he made in April. American President Donald Trump has publicly endorsed the prediction market on social media under the CFTC watch.  Trump stated, “It is critically important that the …

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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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Gambling Harm

DGOJ Commits €1m Fund for Gambling Harm Research 

DGOJ Commits €1m Fund for Gambling Harm Research Highlights  DGOJ pledges major funding for gambling harm studies that cover prevention, effects, and risks. The board actively seeks public opinion on the new amendments before they are drafted into the Gambling Regulation Act. Spain’s Ministry of Consumer Affairs and Social Rights has ordered the General Directorate …

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Prediction Market

Prediction Markets Targeted in Minnesota Safety Bill

Prediction Markets Targeted in Minnesota Safety Bill Highlights  Minnesota’s state Legislature has approved the Omnibus Public Safety Bill, which includes a ban on prediction markets.  A fraction of Senate Republicans have refused these changes, while the majority have agreed to the proposal. Last week, Minnesota lawmakers advanced SF 4760, along with broader implications for restricting …

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AML

Casino AML Reforms Advance Under Nevada Regulators

Casino AML Reforms Advance Under Nevada Regulators Highlights  Nevada’s Gaming Commission to introduce new regulations that strengthen casino AML rules.  Board Member George Assad has offered a new direction for AML measures. The Nevada Gaming Commission has approved new anti-money laundering (AML) regulations. These news regulations mandate that casino compliance officers responsible for regulatory oversight …

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Casinos

Maryland Casinos See Yearly Revenue Growth in April 2026

Maryland Casinos See Yearly Revenue Growth in April 2026 Highlights  Maryland casinos’ revenue reaches $172.2 million in April 2026. Real-money online casinos remain prohibited in the state.  Maryland’s six casinos generated a total revenue of $172.2 million across slot machines and table games in April, registering a 5% annual increase. So far, this has been …

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Sweepstakes Casino

Oklahoma Advances Sweepstakes Casino Ban to Governor

Oklahoma Advances Sweepstakes Casino Ban to Governor Highlights  Oklahoma lawmakers have passed Senate Bill 1589, prohibiting online casinos and a dual currency system There is growing opposition to sweepstakes across multiple states in the US. The Oklahoma legislature has forwarded Senate Bill 1589, which intends to ban online casino games and the dual-currency model of …

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Prediction Market

Prediction Market Split Deepens Ahead of CFTC Deadline

Prediction Market Split Deepens Ahead of CFTC Deadline Highlights  The CFTC’s Advance Notice of Proposed Rulemaking (ANPRM) that seeks public comment on future event-based contracts ended on 30th April.  Tribal and Industry groups want contracts to be treated as gaming.  The Commodity Futures Trading Commission (CFTC) has published an Advance Notice of Proposed Rulemaking (ANPRM) …

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Casino License

Mexico Regulator Denies Crime-Linked Casino Licence Reports

Mexico Regulator Denies Crime-Linked Casino Licence Reports Highlights  Mexico’s news publication Reforma is under scrutiny over reports alleging irregularities in casino licensing. The Gambling Trade Body (AIEJA) also accused Reforma of misleading information about casino licenses.  According to the latest report from Mexican newspaper Reforma, citing that 20 casino licences were granted to the company …

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Gambling

Dutch Lawmakers Scrutinise Third-Party Licensing Setup

Dutch Lawmakers Scrutinise Third-Party Licensing Setup Highlights  Dutch politicians have slammed the third-party license arrangements. VNLOK spokesperson said that trade organizations aim to uplift safe and legal online gambling. A group of parliament members, including Mirjam Bikker, Sarah Dobbe, Diederik van Dijk, and Tijs van den Brink, has raised five questions about the third-party licensing …

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Gambling

EU Gambling Levy Criticised as Unworkable by EGBA

EU Gambling Levy Criticised as Unworkable by EGBA Highlights  The European Gaming and Betting Association (EGBA) introduced proposals on an EU-wide online gambling levy. However, confirmation of this present bill depends on the unanimous approval of all 27 member states. The European Parliament’s Budget Committee has assembled planning for the long-term budget (Multiannual Financial Framework …

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Prediction

Hong Kong Halts Betting Rollout, Cities’ Prediction  Risks 

Hong Kong Halts Betting Rollout, Cities’ Prediction Risks Highlights  The Hong Kong government delays the launch of basketball betting amid concerns about prediction markets. Adrian Pedro Hob, part of the Legislative Council, has advocated for this cause to better cope with evolving technology. Hong Kong authorities plan to put legal basketball betting scheduled for September …

Hong Kong Halts Betting Rollout, Cities’ Prediction  Risks  Read More »

Polymarket

Polymarket Under Scrutiny Over Ceasefire Betting Activity

Polymarket Under Scrutiny Over Ceasefire Betting Activity Highlights  Latest report on Ceasefire Bets Trigger Insider Trading Concerns at Polymarket. Gaming regulators and the prediction market are engaged in an ongoing rift. There have always been controversies surrounding prediction market software offering event contracts. The possibility of insider trading and the lack of regulatory oversight have …

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Gambling Regulator

Latvia Merges Gambling Regulator With Tax Authority 

Latvia Merges Gambling Regulator With Tax Authority Highlights  Latvia has officially integrated its Gambling and Lottery Supervision Inspection into the State Revenue Service. The increase in annual taxes can help the state collect an additional €9.2 million in revenue. Lavita’s government moves to combine Gambling and Lottery Supervision Inspection with the State Revenue Service (SRS). …

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Illegal Gambling

SA Regulator Launches Tool to Curb Illegal Gambling Sites

SA Regulator Launches Tool to Curb Illegal Gambling Sites Highlights  South Africa launches a new verification portal that lists all licensed gambling operators. The web portal is a part of the broader effort from the National Gambling Board (NGB), strengthening regulatory oversight. The National Gambling Board (NGB) launched a new web portal for verified gambling …

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