Senate sports betting hearing on integrity concerns
A U.S. Senate subcommittee plans to discuss the integrity of sports betting and prediction markets, marking another Congressional hearing related to gaming amid scandals and pending legislation.
Regulation
South Korean Police Arrest Over 6,000 in Gambling Experience Pub
Scores of South Korean gambling experience pubs are letting their customers place real-money wagers on poker and other casino games, say police, ahead of a fresh crackdown on so-called “Texas Hold ’em pubs.”
Minnesota Moves Closer to Banning Prediction Markets & Sweepstakes
Two bills are advancing in Minnesota that would prohibit sweepstakes casinos and prediction markets on a wide range of events, including sports.
Minnesota Senate Passes Ban on Prediction Markets
The Minnesota Senate voted to ban prediction market platforms from operating in the state.
Norway's Norsk Rikstoto Faces Inquiry Over 23,000 Unpaid Bets
Norsk Rikstoto, Norway’s state-owned horse racing betting operator, is being investigated by the Norwegian Gambling Authority (Lotteritilsynet) after a system malfunction enabled thousands of bets to be placed without payment in two separate incidents earlier this year.
The Balkans Leading Efforts for Fairer European Market
Europe is perhaps going through the most dynamic period of regulatory changes the gambling sector has seen in recent years.
North Carolina’s Lumbee Tribe Progresses with Casino Amendment
The Lumbee Tribe of North Carolina’s leadership voted to amend its constitution, a formal step towards a potential casino.
Colorado Sports Betting Rules Bill Moves to House
A bill that limits daily fantasy sports contests and tweaks Colorado sports betting rules is advancing to the House after the Senate removed details about an advertising ban.
Massachusetts High Court Questions Kalshi's Sports Event Contracts
Judges on Massachusetts’ highest court questioned whether Kalshi’s sports event contract resembles gambling and falls within the state’s gambling statutes.
Ohio Bill to Regulate Prediction Markets
Ohio lawmakers are considering regulating prediction markets to allow them to obtain sports betting licenses.
Coalition for Prediction Markets Addresses CFTC on Swaps Definition
The Coalition for Prediction Markets said the definition of swaps is “certainly broad enough” to include sports in its response to the Commodity Futures Trading Commission.
Brazil Issues Public Warning on Prediction Markets' Illegal Status
Brazil’s PT government has launched a new campaign which has warned the public that “betting will never be an investment or income”.