News

Arizona’s Attorney General Kris Mayes has filed a 20‑count criminal complaint against KalshiEx LLC and Kalshi Trading LLC, the companies behind the online prediction market platform Kalshi, alleging that the business has been operating an illegal gambling enterprise within the state. The charges, filed in Maricopa County Superior Court, represent the first state criminal prosecution of its kind against a prediction markets operator. Mayes’ office argues that Kalshi’s model, which allows users to place real‑money wagers on outcomes like sports contests, elections and even political propositions, “violates Arizona law” because it constitutes unlicensed gambling and includes wagers specifically prohibited by […]

U.S. lawmakers have taken a major step toward restricting the rapidly evolving prediction market sector with the introduction of the Banning Event Trading on Sensitive Operations and Federal Functions (BETS OFF) Act. The bicameral bill, introduced by Senator Chris Murphy (D‑Conn.) and Representative Greg Casar (D‑Texas), would prohibit prediction market wagers tied to government actions, national security matters, terrorism, assassination and other sensitive events where insiders could have advance knowledge of outcomes. The proposal comes amid increasing scrutiny of platforms like Polymarket and Kalshi, which have drawn controversy for permitting wagers on geopolitically sensitive topics and events linked to human […]

The UK Gambling Commission (UKGC) has published an updated schedule for upcoming licensing reforms that will affect operators across the UK’s regulated gambling market. The timeline, set out on the regulator’s website and geared toward the phased introduction of new requirements, offers operators clarity on implementation dates and forthcoming compliance obligations under the modernised gambling regime. This roadmap comes amid a broader regulatory refresh in the UK that seeks to strengthen licensing standards, promote consumer protection, and enhance oversight of high‑risk products and services. What the UKGC’s Licensing Timeline Covers The UKGC’s published timeline provides a structured rollout for significant […]

Argentina has issued a nationwide blocking order against the prediction market platform Polymarket after authorities concluded that the platform was operating without the required local authorisation and resembled an unlicensed online gambling service. The decision, ordered by a Buenos Aires court and implemented with support from telecom regulators, reflects the increasing scrutiny of prediction markets by gambling and communications authorities in the region. The ruling makes Argentina one of the first countries in Latin America to take such comprehensive action against a crypto‑based prediction market, joining a broader pattern of regulatory resistance seen in multiple jurisdictions globally. Court Ruling in […]

Australia’s Australian Communications and Media Authority (ACMA) has announced the latest round of enforcement action against unlicensed online gambling operators, blocking access to eight websites that were found to be offering gambling services to Australian residents without proper licensing. The move is part of a broader campaign to uphold regulatory standards and protect consumers in the country’s rapidly evolving online gambling landscape.  ACMA’s action underscores the ongoing challenge regulators face in curbing access to unauthorised gambling services, particularly those based offshore, and highlights the authority’s commitment to active monitoring and enforcement to maintain the integrity of the regulated market. Details […]

The Malta Gaming Authority (MGA) has confirmed that a breach was identified within its IT environment, affecting internal systems used for administrative and operational functions. In an official statement, the regulator emphasised that there is no current proof that any personal, financial, or regulated data from licensees or players has been taken, and that the main regulatory databases are still safe.  The breach was identified through routine monitoring processes, and the MGA has engaged external cybersecurity experts to support its investigation and remediation efforts. While the incident did not compromise regulatory data, the Authority is taking steps to limit potential […]

Switzerland’s Federal Gaming Board (Eidgenössische Spielbankenkommission – ESBK) has published its current list of licensed online casino operators, confirming that ten online casinos are officially authorised to operate under the country’s regulated framework. This development underscores the growing maturity of the Swiss iGaming market and reflects the progress made since online casino games were legalised under the Federal Act on Money Games in 2019. Under Swiss law, only licensed casinos and operators with extensions to their existing land‑based concessions may offer online gaming services within the territory, creating a high barrier to entry that emphasises transparency, player protection, and regulatory […]

As part of ongoing efforts to refine its regulatory framework for the iGaming and online gambling sectors, the Isle of Man Gambling Supervision Commission (GSC) has published draft Fitness & Propriety guidance. This guidance introduces new suitability criteria that will support updated licensing standards for operators and key industry figures. The proposed measures aim to strengthen assessments of integrity, competency, and financial standing, ensuring that all licensed entities meet the evolving demands of the market. The consultation period will run for 10 weeks, starting on 16 March 2026 and closing on 25 May 2026, giving operators and regulated individuals the […]

A recent study commissioned by the German Gambling Authority (Gemeinsame Glücksspielbehörde der Länder – GGL) has confirmed that regulated online gambling platforms now account for the majority of Germany’s iGaming market, marking a success in the country’s ongoing regulatory overhaul. The Schwarzmarkt Study, which tracks both legal and illegal online gambling activities, reveals that regulated offerings now dominate the landscape, as Germany continues to strengthen its gambling regulations following the 2021 Glücksspielstaatsvertrag. The findings provide solid evidence that the German model of regulating online gambling, through stricter licensing, player protection, and compliance mechanisms, has led to the legal market growth, […]

Minnesota lawmakers have introduced new legislation aimed at prohibiting prediction markets and restricting sweepstakes casino platforms, signalling a more assertive stance toward emerging digital wagering models. The proposal, outlined in Senate File 4511 (SF4511), seeks to expand existing gambling laws to cover event-based contracts and similar products that regulators argue fall outside the state’s current legal framework. The bill reflects growing concern among policymakers that certain online platforms are operating in a regulatory grey area, offering wagering-style products without being subject to traditional gambling oversight. Key Provisions Targeting Prediction Markets The legislation introduces specific restrictions on prediction market activity, focusing […]