News

Kalshi Faces Regulatory Challenges and Narrowly Avoids Contract Shutdown Kalshi recently came close to having its sports event contracts suspended following a judge’s decision to take additional time for review. Initially, the judge had agreed that Kalshi’s products do not simply function as financial tools, but asked for further deliberation before making a final ruling. […]

Acid Attack Leading to Death in Connection with Gambling Debt Ten individuals are currently facing trial after a man was violently attacked with acid in his home, an assault that led to his eventual death. The victim, 38-year-old Danny Cahalane, was allegedly targeted due to unpaid debts owed to a notorious drug lord. The Victim […]

Congressional Support for Restoring Full Gambling Loss Deductions Recent analysis of federal fundraising data reveals that certain members of Congress receiving substantial contributions from the gambling sector are actively promoting legislation favored by casinos. Notably, four representatives from Nevada—Susie Lee, Steven Horsford, Mark Amodei, and Dina Titus—are campaigning to restore the full tax deduction for […]

Introducing the New Racing Bet Builder Entain, a leading name in gaming and betting, has launched an innovative horseracing tool designed to enhance the betting experience for racing enthusiasts. This exciting new feature is available exclusively through Entain’s Ladbrokes and Coral brands, allowing users to create customized horseracing parlays. A Groundbreaking Betting Experience The “Racing […]

Nevada Lawmakers Back Gambling Tax Deduction Reform Four members of Congress from Nevada—Susie Lee, Steven Horsford, Mark Amodei, and Diana Titus—have been financially supported by the gambling sector. These lawmakers are championing legislation that would allow gamblers to fully deduct their losses from their taxable income, a policy long sought after by the gambling industry. […]

Introduction to Google’s New Gambling Ads Policy Starting March 23, 2026, Google will implement tougher certification standards for advertisers in the gambling sector through its updated Gambling and Games policy. This move will significantly impact websites related to gambling, requiring advertisers to maintain strong compliance records to qualify for certification. Eligibility and Compliance Requirements The […]

Tony Bloom Denies Owing Money to Former Business Partner UK billionaire and owner of Brighton & Hove Albion, Tony Bloom, has strongly refuted claims that he owes millions to a former associate linked to a high-stakes betting syndicate they were both involved in. This legal dispute has brought attention to some of the secretive tactics […]

SEC Files Lawsuit Against Former Lottery.com Leaders On January 22, 2026, the Securities and Exchange Commission (SEC) filed a lawsuit against Lottery.com along with its former CEO Lawrence Anthony DiMatteo, former executives Matthew Clemenson and Ryan Dickinson, and Vadim Komissarov, CEO of Trident Acquisitions Corp. The SEC accuses them of orchestrating fraudulent transactions aimed at […]

Ohio Joins Nationwide Effort Against Prediction Markets Recently, a notable court decision in Massachusetts has set an important precedent for regulators across the United States who are challenging the expanding prediction markets industry. This decision has not only influenced regulators in various states but has now been cited by the Ohio Casino Control Commission (OCCC) […]

Brazil Intensifies Actions Against Illegal Online Gaming In 2025, Brazil took strong measures to regulate sports betting and online gaming as the country embraced legalized gaming. Alongside these developments, authorities faced significant challenges related to illegal gaming activities throughout the year. The Secretariat of Prizes and Betting, in cooperation with the National Telecommunications Agency, successfully […]