News

Nevada Gaming Control Board Targets Kalshi with Injunction The Nevada Gaming Control Board (NGCB) has initiated efforts to legally restrict Kalshi, a prediction markets platform, accusing it of unlawfully offering sports betting services through its platform. NGCB Pursues Legal Action in State Court The regulators have classified Kalshi’s operations as sports wagering and are working […]

The Star Entertainment Group Finalizes Its Exit from DBC The Star Entertainment Group recently declared that it has finalized the sale of its stake in the Destination Brisbane Consortium (DBC), including its 50% share in the Queen’s Wharf Brisbane project. This move, while presenting some challenges, is aimed at reducing the company’s overall debt during […]

Spribe Resumes UK Operations After License Suspension Spribe, a well-known developer of gaming content, can now continue offering its popular Aviator game in the UK following the removal of a temporary suspension on its remote operating license by the UK regulatory authority. This suspension was originally enforced due to certain hosting violations. Reason Behind the […]

Introduction to California’s Cardroom Regulatory Changes California’s cardroom industry is undergoing significant upheaval following the implementation of new regulations on April 1. These changes bring major restrictions, particularly banning blackjack-style games, which have been fundamental to the operation of these venues and the local economies they support. Details of the New Cardroom Regulations Earlier this […]

Emphasizing Enforcement Against Insider Trading The Commodity Futures Trading Commission (CFTC) has announced a heightened focus on insider trading within prediction markets. This shift comes with the appointment of a new enforcement chief who has prioritized the crackdown on such violations as essential to maintaining market integrity. New Leadership and Strategic Direction David Miller, the […]

The Ancient Roots of Gambling Recent scientific studies suggest that gambling is not just a modern pastime but a behavior that dates back to the Ice Age. This insight reveals that the practice of taking chances and betting may be deeply embedded in human nature, existing for thousands of years as a part of our […]

Missouri Lawmakers Eye Voter Decision on Slot Machines Missouri legislators are revisiting the issue of slot-like machines that are commonly found in gas stations and small businesses. This time, there is talk of allowing voters to have the final say on whether these machines should be legalized and regulated within the state. Senate President Supports […]

Growth Driven by Relaxed US Regulation Prediction market platforms are experiencing increased popularity throughout the United States. This growth is largely attributed to a comparatively lenient regulatory environment. The Commodity Futures Trading Commission (CFTC) has imposed lighter oversight on these markets, allowing operators to expand swiftly. Unlike traditional gambling businesses that face substantial licensing fees […]

Industry Experts on Banning Credit Card Payments Many gambling and sports betting companies have started to prohibit the use of credit cards for deposits as a form of self-regulation. While some worry this move could reduce revenue, industry experts believe any negative financial impact will be minimal. Insights from Analysts Jordan Bender, an equity research […]

Crackdown on Unlicensed Gambling in Sarasota County Authorities in Sarasota County have taken action against an illegal gambling operation, resulting in the arrest of two individuals and the confiscation of numerous slot machines. This enforcement followed a recent bust of a separate unauthorized gaming venue in the area. Collaborative Raid on Spin 24/7 Illegal Gaming […]