Regulation
249 articles tagged "Regulation".
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.
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.
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.
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.
FIFA World Cup 2026 Reshapes LATAM iGaming: Key Lessons for Operators and Affiliates
The 2026 World Cup exposed critical gaps in mobile readiness, payment infrastructure, and creative strategy across Latin America's iGaming market, with live betting surges and regulatory shifts demanding faster, more reliable platforms.
Cirsa expands in Latin America and Europe with acquisitions in Paraguay and Portugal
Cirsa has acquired a majority stake in Paraguay's Slots del Sol and purchased Casino Figueira in Portugal, advancing its omnichannel strategy across Latin America and Europe with funding from cash reserves, a recent IPO, and a €500 million bond offering.
Rio de Janeiro Bans Betting Ads in Public Spaces, Federal Government Tightens National Rules
Rio de Janeiro has banned betting platform ads in public spaces via Decree No. 58.274, becoming the first Brazilian state capital to do so, while the federal government concurrently issued new ordinances requiring mandatory warning labels and restricting promotional content for licensed betting operators nationwide.
Europe Takes Divergent Approaches to Prediction Markets as Gibraltar Licenses and Czech Republic Blocks
Gibraltar has launched the first dedicated regulatory framework for prediction markets, distinguishing them from gambling, while the Czech Republic has blocked Polymarket as illegal betting, and the Council of Europe has called for stronger integrity measures following the 2026 FIFA World Cup.