Betmgm has rolled out a football-season product slate built around two headline features: a prop bet refund when a named player is injured early, and a free-to-play game with a weekly $50,000 bonus bets jackpot. Both are excluded in several jurisdictions, and one of them covers ground prediction markets have just been pushed off. Two […]
New research by Bank of America found that across every generation, Americans were more likely to consider buying event contracts an investment than placing a sports bet, with Gen Z respondents at a standout high. The same data shows bettors recovering less than 75 cents for every dollar sent to online betting platforms – with […]
The NFL signed new multi-year sports betting deals with Draftkings, Fanduel, and Fanatics on Thursday, ending a five-month gap without an official sportsbook partner. All three agreed to bar wagers on injuries and officiating, which the CFTC has proposed restricting on prediction markets. The league has no deals with any such entity, and has confirmed […]
Kalshi is in advanced talks to become a sponsor of The Athletic, filling a commercial slot the sports title has left open since its exclusive Betmgm partnership lapsed. No agreement has been signed yet, and any deal would need approval from the New York Times’ parent company. Talks Would Fill a Slot Left by an […]
The Commodity Futures Trading Commission’s Innovation Advisory Committee holds its first meeting Thursday, with prediction markets on the agenda. Seven of its 35 members run companies at the center of the event-contract fight the agency is waging against nine state governments. Seven Seats for the Event-Contract Industry The CFTC’s Innovation Advisory Committee convenes for the […]
The Crypto.com-affiliated exchange behind OG has sued Washington officials before the state takes enforcement action against its prediction markets. The complaint argues that federal commodities law protects OG from state gambling rules and cites Washington’s successful injunction against Kalshi as an imminent threat. OG invokes CFTC’s Michigan intervention North American Derivatives Exchange Inc., which does […]
A Washington state judge has granted a preliminary injunction against Kalshi after rejecting its argument that federal commodities law overrides state gambling rules. The court found Washington is likely to prove its claims, but will not finalize the restrictions imposed on the prediction market until August. Court Says Federal Registration Does Not Displace State […]
Brazil’s Finance Ministry is imposing the strictest advertising regime yet on the country’s licensed betting operators, mandating cigarette-style health warnings on every ad, banning pundits and influencers from nudging viewers toward wagers, and threatening fines of up to 20% of revenue – with the rules taking effect July 17, mid-World Cup, as bet-saturated tournament broadcasts […]
Riot Games has named Kick, the streaming platform owned by the founders of crypto casino Stake, as an official broadcaster of its esports product. This is a full turnaround from its longstanding ban, which took place in multiple steps: about a year ago, it first allowed betting companies as team sponsors while insisting its own […]
The European Union is weighing a uniform 1% tax on online gambling across all 27 member states – a proposal that has gained momentum in the bloc’s long-term budget talks, and the latest sign that Europe’s gambling crackdown is moving from national capitals to Brussels. From national crackdowns to a Brussels levy The European Union […]
A decree signed by President Lula on June 19 lets Brazil’s gambling regulator order banks to freeze the accounts of unlicensed betting operators within 24 hours – and, after due process, seize the money for an anti-crime fund – shifting enforcement from blocking websites to choking the financial rails beneath them. From web blocks to […]
Kick co-founder Ed Craven told a gambling streamer that the platform’s Kick Partner Program does not reward viewership from Slots or Casino streams, urging him to broadcast other categories instead. The reply is a rare on-record acknowledgment from the Stake and Kick co-founder that the program excludes the gambling content the platform is known for. […]
Midnite will become Wolverhampton Wanderers’ front-of-shirt sponsor for the 2026/27 season, the club’s 150th, in a deal that shows British football’s gambling-sponsorship money is expected to flow down the pyramid as the Premier League’s voluntary front-of-shirt betting ban takes hold. Gambling Money Flows to the Second Division UK sportsbook and online casino Midnite has agreed […]
The American Gaming Association published its Q1 2026 Gaming Industry Outlook on May 7, the trade group’s biannual sentiment survey conducted by Oxford Economics across 26 senior gaming executives between March 23 and April 8. The headline numbers tell a confident story, but the details below suggest concerns over the growing impact of prediction markets […]
An April 23 non-binding opinion from an Advocate General of the Court of Justice of the European Union has found Malta’s Bill 55 incompatible with EU law, marking the second significant setback for the country’s iGaming protection regime in just over a week. Key Takeaways: AG Emiliou found Malta’s Bill 55 incompatible with the EU’s […]
Colombia’s Constitutional Court has declared President Gustavo Petro’s economic emergency decree unconstitutional, ending a 13-month effort to impose value-added taxes on the country’s online gambling sector through executive action. The April 9 ruling forces the government to pursue any future gambling tax through Congress. The presidential election is now less than seven weeks away. Key […]