After Brazil’s President Luiz Inácio Lula da Silva signed Decree No. 13,033, the country now has a new mechanism for freezing the operations of illegal fixed-odds betting operators.
President Lula recently signed Decree No. 13,033, allowing the federal government to freeze the activities of illegal fixed-odds betting providers. This decree empowers authorities to seize illicit funds and redirect any recovered assets following due legal processes.
Global prediction market platform ADI Predictstreet and sportsbook technology provider FIRST.bet have partnered to expand regulated prediction markets across Latin America.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
