Ukraine's gambling regulator PlayCity revoked the licenses of Favorit Casino and Favbet VIP Casino, citing direct or indirect ties to Russia through their ultimate owners. The cancellations were announced via Telegram following investigations into the operators' connections.
Polymarket has filed a lawsuit against Minnesota, following Kalshi's lead, while also compiling a dossier alleging Kalshi copied its ideas. The two prediction market companies face regulatory scrutiny from state authorities.
The UK Gambling Commission has announced a new compliance check on content marketing, launching on 11 June. The sweep will use an AI-based Active Ad Monitoring System and involve partnerships with social media platforms. The initiative follows an…
Andrew Lyman argues Gibraltar could lead the way for prediction markets in Europe. European regulators currently view them as having questionable regulatory status, hindering their expansion. Lyman believes this issue is the most explosive in global gambling.
Andrew Rhodes, former CEO of the UK Gambling Commission, has taken a Principal Consultant role at Hawkbridge, a Harris Hagan-owned consultancy. The appointment has drawn criticism from industry figures, who cited concerns over his tenure's affordability checks and…
Ireland's gambling market will undergo significant regulatory changes as the 2024 Gambling Regulation Act takes effect next month, replacing the decades-old regime. The new framework prioritizes player protection, creating uncertainty but also opportunities for a more competitive landscape.
Polymarket has filed a lawsuit against Minnesota in federal court, challenging the state's ban on prediction markets. The operator joins the CFTC and Kalshi as plaintiffs in the case, arguing the law is unconstitutional.
Nigeria's states are moving to restructure gambling regulation after a 2024 Supreme Court ruling, though religious influences create regulatory grey areas.
South Korea's Supreme Court upheld a ruling that illegal online casino operators using stolen personal data can be prosecuted for data privacy violations. The decision affirms a lower court's guilty verdict against an unnamed individual for breaching the…
Robinhood has launched Rothera, a CFTC-regulated exchange co-owned with Susquehanna, to route customer prediction-market trades. Early volumes are modest, but the move signals a strategic shift for the company in the event contract market.