Tribal Judges Signal Kalshi Sports Contracts May Breach Native Gaming Law
A Ninth Circuit panel suggested Kalshi and Robinhood sports event contracts may violate Native American gaming laws, with judges receptive to tribal injunction bids.
Gambling Industry News
Racing Exclusion Fear Drives MPs to Quiz Gambling Commission on FRAs
The CMS Committee has written to the Gambling Commission with five questions on FRAs, demanding answers by 24 July over racing industry exclusion fears.
£5,000 Threshold Set as Gambling Commission Launches FRA Rollout
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.
EU Binary Options Ban Already Covers Prediction Markets, ESMA Confirms
ESMA confirmed on 3 July that MiFID II's 2018 binary options prohibition already covers prediction market contracts tied to financial asset classes.
Venetian Las Vegas Fined $7.2M as Nevada’s AML Crackdown Hits Fifth Strip Casino
The Venetian Las Vegas faces a $7.2M fine over illegal bookmaker Matthew Bowyer, becoming the fifth Strip casino caught in Nevada's money-laundering enforcement wave.
SDNY Ruling Deals Kalshi Another Blow as State Battles Mount
Judge Torres rejects Kalshi's bid for emergency relief in New York, adding to trial court losses in Maryland, Massachusetts, Ohio and Nevada over sports betting rules.
SEK 22 Million AML Fines Stand as Swedish Court Rejects Winnings-Logic Defence
Sweden's Linköping court dismissed appeals from Betsson, Snabbare and Spooniker, confirming SEK 22 million in AML fines and rejecting the winnings-deposit defence.
Taiwan’s $313M World Cup Betting Bust Exposes Macau Junket Diaspora
Tainan police arrested eight people including a former Tak Chun director over a NT$10bn World Cup betting ring, raising fears of junket network rebuilding.
Australia Gambling News
AU$24.24M in Fines as Australian Court Targets Illegal Poker Operators
Australia's Federal Court handed down AU$24.24M in penalties against PPPfish, Shuffle Gaming and Redraw Poker operators under the Interactive Gambling Act.
Regulation
MGCB Cuts NCPG Ties as Kalshi TRO Tightens Michigan’s Grip
Michigan's gaming board exits the NCPG over Kalshi's partnership as a court TRO and AG lawsuit intensify the state's crackdown on unlicensed sports contracts.
Gambling Industry News
Contempt Hearing Looms for Kalshi as Nevada Enforcement Escalates
Nevada schedules a contempt hearing against Kalshi after its emergency motion fails, intensifying a multi-state battle over CFTC preemption and geofencing.
UK Gambling & Casino Industry News
DCMS Overrides Industry Opposition With 25% Gambling Licence Fee Rise
DCMS confirms a 25% gambling licence fee increase from October 2026, overriding near-universal operator opposition with a tiered, GGY-based fee structure.
UK Gambling & Casino Industry News
Sunak’s Former PPS Admits Using Insider Knowledge to Bet on Election Date
Craig Williams, Rishi Sunak's parliamentary aide, pleaded guilty to using confidential insider knowledge to place bets on the 2024 UK general election date.
Regulation
Ohio’s $5M Penalty Faces Federal Challenge as Kalshi Targets Preemption
Kalshi has sued in federal court to block Ohio's $5M civil penalty, arguing CFTC oversight under the Commodity Exchange Act overrides state gambling law.
Regulation
Betfred.com’s Monitoring Gaps Cost £900,000 in Gambling Commission Settlement
Betfred.com's failure to identify gambling harm indicators promptly has resulted in a £900,000 Gambling Commission settlement, pushing total fines past £5.2m since 2022.