Brazil Launches Coordinated Raids on Illegal Gambling Operations
A major cross-state coordinated investigation into an illegal gambling ring has been launched by Brazilian authorities.
Regulation
California Man Sentenced to Prison for Illegal $4M Gambling Scheme
Jason Noah Feinman from Calabasas, California, was sentenced Tuesday to 27 months in federal prison after being convicted of operating an illegal offshore gambling enterprise, laundering money, and evading taxes on more than $4 million, according to the US Department of Justice.
Kentucky to Sue Kalshi & Polymarket for Providing Illegal Sportsbooks
Kentucky has become the latest state to sue prediction market players like Kalshi and Polymarket, accusing them of operating illegal sportsbooks.
Russia's Upper House Passes Online Casino Blocking Law
Russia’s upper parliamentary house, the Federation Council, has approved a draft law to fast-track the issuance of access-blocking orders for online casinos.
Europe unites to block prediction markets
Nine European countries have formed a coalition to monitor and prevent prediction market activities during the FIFA World Cup.
New Jersey Lawmakers Propose Regulation for Prediction Markets
A pair of lawmakers in New Jersey introduced legislation aimed at regulating prediction markets and creating a pathway for the platforms to legally offer sports event contracts.
UK Betting and Gaming Council Defends Members Against Illegal Market
The UK’s Betting and Gaming Council (BGC) has sternly defended its members amid a report accusing them of black market activity.
Chinese Court Issues World Cup Betting Warning
Chinese courts and law enforcement agencies have warned the public to stay away from World Cup betting rings and illegal sports wagering platforms.
Chicago City Council Rejects Proposal to Ban Sweepstakes Machines
The Chicago City Council voted 33-15 on Wednesday against a proposal that would have prohibited sweepstakes machines across the city, siding with concerns raised by the administration of Mayor Brandon Johnson.
Brazil Finance Minister Calls for Tighter Betting Regulations
Brazil Finance Minister Dario Durigan advocates for stricter regulations, higher taxes, and tighter advertising limits for betting companies in Brazil.
Dutch Regulator Fines Chestoption $3.5 Million for Unlicensed Gambling
The Netherlands Gambling Authority (KSA) has fined Costa Rica-based Chestoption Sociedad de Responsabilidad Limitada €3.1 million (US$3.59 million) for illegally offering online gambling to Dutch players without a licence.
Legal Analysis of Addictive Design Litigation in Gambling Industry
After securing a landmark ruling against social media companies, gambling companies are in the crosshairs of legal firms. The ‘addictive design‘ argument that proved successful against Google and Meta is also being used against betting operators.