Indonesian authorities are bracing for a surge in illegal soccer betting as the World Cup drives gambling activity across the country. The Financial Transaction Reports and Analysis Center (PPATK) has reported that the majority of illegal online bets…
US Congressman Bryan Stiel of Wisconsin has introduced a draft bill that would prohibit members of Congress from trading in politics-related contracts on prediction market platforms. The proposed legislation, titled the Stop Lawmakers From Predicting Act, targets platforms…
A new report from one of Britain's largest sports betting and gambling groups has detailed an organized and commercially sophisticated illegal gambling ecosystem operating across mainstream social media platforms. The research, which utilizes independent open-source intelligence (OSINT), highlights…
Kalshi, a regulated prediction market platform, has blocked Alex Ursa, the Chief Operating Officer of Betr, from accessing its platform after he created a slot-machine-style interface using Kalshi's API. The incident highlights the growing tension between traditional prediction…
Brazilian authorities have launched a major cross-state coordinated investigation into an illegal gambling ring, according to SBC News. The operation, named "Conto da Sorte," has been sanctioned by the Federal Revenue Service (FRS) and involves three Public Prosecutor…
The Mississippi Gaming Commission (MGC) has reported that the state's sports betting handle reached $17.3m in May, representing a 23.5 per cent decline year-over-year. The figure also marks a decrease from the $18.8m recorded in April 2024. The…
Logifuture has partnered with Betika, Kenya's leading gaming operator, to launch Zoom, its flagship virtual football product, in the Kenyan market. The collaboration marks the debut of Logifuture's 24/7 sports betting platform in the country, further strengthening Betika's…
The Kahnawake Gaming Commission has announced the voluntary termination of the client provider authorization held by Elentertain Srl. The decision, which takes effect immediately, marks the end of the company's licensed operations under the jurisdiction of the Mohawk…
Adam Bjorn, CEO of Plannatech Enterprises, has stated that the American public's inherent interest in trading is a key driver behind the growth of prediction markets. In a Q&A with Gambling Insider, Bjorn discussed the potential for these…
Pascal Chevremont, the incoming president of France's Autorité Nationale des Jeux (ANJ), has signaled a tough stance on online bookmakers, asserting that the sector is rife with contradictions. Nominated by French Prime Minister Sébastien Lecornu earlier this month,…