News
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June 2026 iGaming Roundup: World Cup Sets US Betting Records, NJ Online Casinos Extend Lead, Brazil Prepares for GAT Conference
June 2026 saw the 2026 FIFA World Cup become the biggest US betting event ever, New Jersey online casinos outpace Atlantic City for the 10th straight month, and Brazil prepare for a major regulatory conference on land-based casinos and market oversight.
2026-07-15RegulationPartnershipBrazilAfricaUnited StatesPrediction MarketsEsports BettingWorld CupTax RevenueNew JerseyOnline CasinoConferenceLand-based CasinoElectronic Table GamesBusiness ClosureRestructuringM&APrivate EquityETG Division ClosureCost CuttingM&ADivestitureM&AConsolidationM&AM&AWynn ResortsLas Vegas Sands Corp.PENN EntertainmentMGM ResortsCaesars EntertainmentDraftKingsFanDuelTilman FertittaBarry DillerCaesarsMGMGolden Nugget CasinosBETMGMBetFanaticsMatt WilsonEnterprise Technology International (ETI)Apollo Global ManagementEveriBrightstar LotteryInterblockAristocrat GamingLight & WonderPhill O’ShaughnessyHector FernandezDaniel CohenLuigi CacciapuotiJulie Cameron-DoePatrick DumontJames T. PlousisHollywoodBetsCaesars SportsbookSuperBookHard Rock BetBorgataGAT EventsJohnny AvelloMark BickerdikeJon MurrayNeil WalshAlex W. ParienteNeil MontgomeryBárbara TelesJosé Aníbal AguirreGames Valley names Robert Dowling as Chief Revenue Officer after consulting stint
Casino aggregation platform Games Valley has appointed Robert Dowling as Chief Revenue Officer, effective July 15, 2026, after he served as a strategic consultant since the start of the year. Dowling will lead global commercial and marketing operations and support the company's expansion into regulated markets.
Arizona to Open Limited Event Wagering License Applications in August 2026
Arizona will accept applications for up to ten limited event wagering licenses from 13-27 August 2026, enabling retail sports betting at racetracks and off-track facilities, with 8% of adjusted revenue going to the state.
Better Markets Accuses CFTC of Directing Kalshi to Defy Michigan Court Order on Sports Event Contracts
Better Markets criticized the CFTC for ordering Kalshi to defy a Michigan court ruling that required the platform to void and refund sports bets, accusing the agency of inconsistency and overreach. The CFTC had previously allowed Kalshi to void bets in a separate case involving a contract on Ayatollah Khamenei, but now claims that reimbursing Michigan users would create a market emergency.
Venetian's $7.2M Bowyer Fine Caps Decade of Las Vegas Sands Scandals as Apollo Inherits Liability
The Venetian will pay a $7.2 million fine to Nevada regulators for AML failures tied to illegal bookmaker Mathew Bowyer, bringing total Bowyer-related penalties for Strip operators to $34 million and highlighting a series of scandals that plagued Las Vegas Sands before its 2021 exit from the market.
2026-07-14RegulationComplianceAnti-Money LaunderingNevadaLas Vegas StripIllegal GamblingFineSuccessor LiabilityScandalM&AThe VenetianResorts World Las VegasMGM ResortsLas Vegas Sands Corp.Apollo Global ManagementVici PropertiesCaesars EntertainmentSands ChinaMathew BowyerPatrick NicholsMike DreitzerSheldon AdelsonHarry ReidDavid KroneSteven Jacobs
GRAI launches national campaign to combat underage gambling risks
Ireland's Gambling Regulatory Authority, in partnership with the HSE Addiction Services, has launched a multimedia campaign to help parents identify underage gambling signs and initiate early conversations, backed by ESRI research showing early gambling doubles the risk of later harm.
Canada’s FINTRAC Slaps Atlantic Lottery with C$212K Fine for AML Shortcomings
FINTRAC fined Atlantic Lottery Corporation C$212,025 for three anti-money laundering compliance failures, including missing a suspicious transaction report and inadequate risk documentation. The penalty was settled in full.
Google to Ban Real-Money Prediction Market Extensions from Chrome Web Store by August 2026
Google will ban Chrome Web Store extensions that facilitate real-money prediction markets by August 1, 2026, tightening data rules and expanding its gambling advertisement certification requirements. The move follows increased regulatory scrutiny and mirrors prior restrictions on social casino marketing.
Urban Institute Report Finds Online Sports Bettors Face Greater Financial Hardship
An Urban Institute study of 320 sports bettors finds that online gamblers are 15 times more likely to miss a bill payment and twice as likely to save less money than in-person-only bettors, with the financial strain concentrated among low-income and young adults.
Underdog launches wholly owned CFTC-licensed prediction market exchange amid ongoing regulatory uncertainty
Underdog has launched its own CFTC-licensed prediction market exchange, becoming the first sports company to hold the full regulatory license stack, as the industry faces ongoing legal disputes between federal commodities law and state gambling regulations.
2026-07-14RegulationLicensingUnited StatesPrediction MarketsEsports BettingLaunchIntegrationCEO AppointmentCFTCInsider TradingLegal DisputeExchange LaunchUSLegal ChallengesLegal BattlesJeremy LevineMichael SeligKalshiCrypto.comCoinbaseRobinhoodUnderdoga16z cryptoBrian QuintenzSean Patrick MaloneyPatrick McHenryDonald TrumpPolymarket
Kalshi wins partial relief in Michigan as account-based block replaces statewide ban
Kalshi has secured a narrower restriction in Michigan, now blocking only account addresses rather than statewide. The temporary suspension remains until a Monday hearing, while other states also pursue enforcement.
UK think tank pushes for national gambling database and public health approach
The Social Market Foundation proposes treating gambling as a public health issue, including mandated local strategies and a national database to monitor harms, drawing on international examples like New Zealand and Norway.