Regulators in the US, UK, and beyond are ramping up scrutiny of prediction markets and gambling compliance, with Pennsylvania proposing a new framework and the CFTC issuing advisories on self-certification. Meanwhile, the UK Gambling Commission pledges transparency on Financial Risk Assessments, and operators face VAT uncertainty on prize draws.
Regulation & Policy
- Pennsylvania bill proposes regulation of prediction markets and sports event contracts — Pennsylvania Representative Tarik Khan has introduced House Bill 2711, a bipartisan measure aimed at establishing a state regulatory framework for prediction markets and…
- Korean Experts Adjust Casino Earnings Forecasts Downward, But Talk of Silver Linings — South Korean financial analysts have downgraded their earnings forecasts for the country’s casino operators, citing an impending increase in mandatory contributions to the Tourism…
- After House Hearing, CFTC Refreshes Prediction Markets on Self-Certification — The U.S.
- UK prize draw operators raise concerns over VAT uncertainty — UK prize draw operators are voicing concerns over a shift in HM Revenue and Customs’ (HMRC) position on VAT treatment of paid entries, warning that the change could expose them to…
- CFTC issues advisory against broad event contract self-certifications — The Commodity Futures Trading Commission’s Division of Market Oversight has issued an advisory reminding operators of event contract markets of the proper procedures for…
- British Gambling Commission pledges to release full Financial Risk Assessments evidence — The UK Gambling Commission has committed to publishing the complete evidence, data, and methodology underpinning its contentious Financial Risk Assessments (FRAs) for gambling.
- Belarus Rolls Out New Gambling Rules, Bans Overseas-Based Online Casinos — Belarus has enacted a new set of gambling regulations that prohibit its citizens from transferring funds to online casinos operating outside the country.
- UK gambling regulator commits to publishing FRA evidence in Autumn — The UK Gambling Commission has committed to publishing the full evidence base behind its Financial Risk Assessment (FRA) policy this autumn, following pressure from the…
- DrawHouse warns VAT changes could slash prize draw operator margins — Prize draw operator DrawHouse has warned that upcoming VAT changes could significantly reduce margins for operators in the sector.
Fines & Penalties
- Kalshi must geofence Nevada or face $120,000 daily penalty — The Nevada Gaming Control Board has reached an agreement with prediction market operator Kalshi requiring the company to implement a multi-source geofencing solution by August 12…
- Italian authorities shut down illegal betting centres, imposing fines over €20,000 — Italian authorities have shut down illegal betting centres and imposed fines exceeding €20,000.
Partnerships
- Entain’s Coral betting brand signs first front-of-shirt football sponsorship deal — Entain’s Coral betting brand has signed its first front-of-shirt football sponsorship deal in 100 years, marking a significant move as the operator calls for a ban on unlicensed…
- Birmingham City becomes Coral’s first front-of-shirt partner in 100-year history — Birmingham City FC has named Coral as its new principal partner, marking the first front-of-shirt sponsorship in the betting brand’s 100-year history.
- Atlaslive partners with FIRST.bet to deliver its tier-1 sportsbook to operators — Atlaslive has entered into a partnership with FIRST.bet to integrate the latter’s tier-1 sportsbook solution into its platform, targeting operators in regulated markets.
- FIRST.bet keeps up LatAm pace with Atlaslive deal — Bulgarian sports betting technology company FIRST.bet has signed a partnership with Lisbon-based gaming platform developer Atlaslive, targeting expansion in Latin America with a…
- TAP Air Portugal named official airline partner of SBC Summit and Affiliate Leaders Summit — SBC has named TAP Air Portugal as the official airline partner of both the SBC Summit and the Affiliate Leaders Summit, set to take place in Lisbon.
- bet365 partners Juventus in battle for Italian betting market share — Online betting giant bet365 has secured a sponsorship deal with Italian football club Juventus, marking a significant move in its campaign to capture market share in Italy’s…
- TaDa Gaming expands across LatAm and Africa with VeliGames — TaDa Gaming has expanded its reach across Latin America and Africa through a new partnership with the VeliGames aggregation platform, operated by VeliTech.
Product Launches
- Onlyplay presents its latest video slot, Hot & Spicy: Chili Rush — Onlyplay has unveiled its latest video slot, Hot & Spicy: Chili Rush, a fiery-themed game featuring vibrant visuals and high win potential.
- Galaxsys launches Handigo, a new fast game combining prediction, strategy and instant excitement — Galaxsys has launched Handigo, a new fast-paced prediction game that combines quick observation, flexible betting options, and instant round resolution.
Market Launches
- Kaizen Gaming seeks Spain MD for Betano market launch — Kaizen Gaming is preparing to launch its Betano sportsbook brand in Spain, marking a significant expansion for the Greek operator.
Across the Industry
- PGA Tour Rocket Classic Odds, Picks & Predictions — The PGA Tour’s Rocket Classic at Detroit Golf Club is the focus of this week’s betting preview, with only two events remaining before the FedEx Cup Playoffs.
- Illegal gambling venues shut during sweep in Italy — The Italian Customs and Monopolies Agency (ADM) has shut down two illegal betting venues during a sweep across islands in Sicily.
- Big Earnings Week Awaits Gaming Stocks After a Disappointing Start to Q2 Reporting Season — The second-quarter earnings reporting season for gaming stocks has begun on a downbeat note, with the Roundhill Sports Betting & iGaming ETF falling 1.36% last week — double the…
- Crypto Casino Investigation: How Big (or Small) is the Industry? — Gambling Insider has published an investigation into the crypto casino sector, probing the widely divergent estimates of the industry’s size.
- Stock Market Unbothered as Macao Casino Behemoth Sands China Posts Profits Drop — Sands China, the Macao-based casino operator, reported a drop in second-quarter profits, yet its share price rose to nearly HKD 14 ($1.80) by the end of last week, indicating…
- Could ESPN’s Pat McAfee Face Jail for Wagering on LeBron James’ Next Team Using Inside Information? — ESPN personality Pat McAfee is under scrutiny after reportedly placing a wager on LeBron James’ next team before the news became public, raising questions about potential insider…
- MGM, Caesars a Step Closer to Stock Market Exit After Regulators Approve Shelf Offerings — Nevada regulators have approved shelf offerings that bring MGM Resorts International and Caesars Entertainment a step closer to exiting the stock market, according to a report by…
- Polymarket Allegedly Created Fake Platform for Influencers to Post Fake Winnings — Polymarket, a prediction market platform, has been accused of creating a fake version of its site and coaching influencers on how to post fabricated winnings to their followers.
- Netflix & Kalshi Clash Over Prediction Markets Documentary Showing Illegal Nevada Wagers — Netflix and prediction market platform Kalshi are at odds over a documentary that allegedly shows illegal wagers placed in Nevada.
- Sponsor Spotlight: Active week for sports and operators across the board — The global betting and gaming industry has seen a flurry of sponsorship activity this week, with multiple major deals announced that will reach millions of sports fans worldwide.
- Italy FA dismisses Pirlo appointment over Fonbet links — The Italian Football Federation (FIGC) has reportedly dismissed Andrea Pirlo’s candidacy for the role of national team manager due to his commercial ties with Russian sportsbook…
- BetConstruct AI to showcase its products at SPiCE Southeast Asia 2026 — BetConstruct AI, the artificial intelligence division of B2B provider BetConstruct, has confirmed its participation in SPiCE Southeast Asia 2026, scheduled for August 6–7 in…
- North Carolina sports betting handle rises in June — The North Carolina sports betting market saw its handle rise in June, though gross wagering revenue declined for a second consecutive month.
- Flutter’s US gamble enters a new phase after its LSE delisting — Flutter Entertainment’s decision to delist from the London Stock Exchange marks a new chapter in the company’s strategic pivot toward the US market.
- Zenith: Sustainable profitability will define Latin America’s next growth phase — Latin America’s regulated gambling sector is transitioning into a more mature phase where sustainable profitability, rather than rapid expansion, is becoming the primary focus for…
- Bacta vows opposition against PM’s “anti-social” AGC claims — Bacta, the UK trade association representing amusement and land-based gaming operators, has pledged to oppose claims made by Prime Minister Andy Burnham that Adult Gaming Centres…
- Episode 40: Behind Evolution’s Gambling Commission settlement — In the latest episode of the iGaming Business podcast, hosts Ed and Robin delve into the details of Evolution’s recent settlement with the UK Gambling Commission, revealing that…