Pennsylvania Representative Tarik Khan has introduced House Bill 2711, a bipartisan measure aimed at establishing a state regulatory framework for prediction markets and permitting sports event contracts. The bill has been referred to the Consumer Protection, Technology and…
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 Promotion and Development Fund. The government is reportedly planning to raise the contribution rate…
Prediction market operator Kalshi has agreed to deploy third-party geofencing technology to block Nevada residents from trading event-based contracts, following discussions with the state's gaming regulator. The move highlights the growing tension between federally regulated prediction markets and…
Prediction market operator Kalshi has agreed to implement a geofencing solution from third-party vendor GeoComply to prevent Nevada residents from accessing its contracts on elections, entertainment, or sporting events. The Nevada Gaming Control Board (NGCB) has given Kalshi…
The UK land-based gaming sector faces fresh fiscal strain as new business rate hikes target gaming halls, while the Gambling Commission finalizes settlement fund allocation. Meanwhile, World Cup betting records are tempered by integrity disputes, and prediction markets…
Alberta's regulated online gambling market has launched with strong early engagement, according to data from GeoComply. The geolocation compliance firm recorded over 3.2 million geolocation checks during the first week of operations, as users logged in or attempted…
The UK's newly appointed Prime Minister Andy Burnham has unveiled a series of economic measures that are set to increase business rates for gaming halls, including licensed Adult Gaming Centres (AGCs). The policy, which also targets vape stores,…
Colombia's government under President Gustavo Petro is making a renewed effort to implement a 19% value-added tax (VAT) on online gambling before the administration leaves office. The move represents the latest attempt to cement the tax measure, which…
The UK Gambling Commission (UKGC) has published the findings of its license review into Evolution's £4.75 million regulatory settlement, detailing failures in anti-money laundering (AML) controls and third-party oversight. The regulator concluded that inadequate AML risk assessments, weak…
Today's roundup spans regulatory crackdowns on prediction markets in Wisconsin and France, alongside UK developments on fine allocation and advertising compliance. The industry also sees expansion moves in Ontario and Argentina, while integrity concerns surface around match-fixing and…