Author: Florian Kessler
Posts by Florian Kessler
Flutter Entertainment cuts 2026 guidance by $210M and names a new CEO as Q2 adjusted EBITDA collapses 45% amid US margin pressure and higher UK taxes.
Courts in five states have reached conflicting rulings on Kalshi's sports contracts, fueling a multi-circuit battle that may require Supreme Court intervention.
Polymarket secures exclusive LIGA MX prediction market rights in the US, with Genius Sports supplying official data and integrity infrastructure for all contracts.
Flutter Entertainment's shares were removed from the London Stock Exchange on August 3, 2026, leaving the group solely listed on the NYSE under ticker FLUT.
The AGA says unregulated prediction market sports bets have siphoned over $1.2B in gaming tax revenue away from state-funded public services and communities.
Pennsylvania's gaming industry topped $7 billion for the first time in FY2026, with sports betting up 36% and iGaming nearing $2.9 billion in annual revenue.
A new Gambling Commission licence condition requires non-remote operators to withdraw non-compliant gaming machines upon written notice, effective 29 July 2026.
DCMS confirms August 2027 target to ban unlicensed gambling sponsorship across sport, music and culture, with 40% of Premier League clubs affected.
Gibraltar's Gambling Act 2025 creates the world's first standalone prediction market licensing regime, with two licences already granted ahead of publication.
Michigan's AG targets Kalshi over unlicensed sports betting, with a court-ordered geofencing deadline of August 12 part of widening state enforcement actions.
A Ninth Circuit panel suggested Kalshi and Robinhood sports event contracts may violate Native American gaming laws, with judges receptive to tribal injunction bids.
The Gambling Commission sets a £5,000 net deposit trigger for Financial Risk Assessments, with pilot data showing 97% of checks need no document uploads.