Smartphone Addiction Driving Up Youth Gambling Rates in Russia
Smartphone addiction that begins in infancy is spiking youth gambling rates in Russia, a leading psychologist has warned.
Regulation
586 Posts
IGA Leaders Criticize CFTC Prediction Market Proposal
Leaders of the Indian Gaming Association (IGA) criticized proposed federal rules that would allow prediction market operators to offer sports event contracts nationwide under the oversight of the Commodity Futures Trading Commission (CFTC), arguing that the move bypasses state and tribal gaming regu
NCPG Responds to Kalshi Membership Scrutiny, Calls for Enhanced
Earlier this year, Kalshi joined forces with the National Council on Problem Gambling (NCPG) to champion trader health and safety.
Nevada Gaming Board Seeks Contempt Finding Against Kalshi
The Nevada Gaming Control Board (NGCB) has asked a state court to hold prediction market operator KalshiEX LLC in contempt, alleging the company has failed to comply with a court order requiring it to stop offering certain event contracts to people located in Nevada.
Massachusetts Gaming Commission Launches Public Awareness Campaign
Massachusetts residents are being urged to distinguish between state-regulated gambling platforms and illegal operators as the Massachusetts Gaming Commission launches a public awareness campaign tied to the FIFA World Cup.
Pennsylvania Supreme Court Rules Skill Games as Slot Machines
The Pennsylvania Supreme Court has ruled that skill games are subject to the state’s Gaming Act and Crimes Code, overturning lower court decisions that had allowed the machines to operate outside slot machine regulations.
Pennsylvania Supreme Court Rules Physical Skill Games Illegal
Physical skill games are functionally similar to slot machines and therefore illegal under state law, the Supreme Court of Pennsylvania ruled on Monday.
Bally's Chicago Granted One-Year Extension for Casino Project
Bally's Chicago has been granted an additional year to complete its permanent casino project.
ProphetX Secures U.S. Regulatory Approval for Sports-Focused
ProphetX has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as both a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO), paving the way for the launch of what it described as the first federally regulated sports-native prediction m
NGCB Seeks Contempt Ruling from Court Against Kalshi
Predictions markets platform Kalshi has been embroiled in various legal battles with the Nevada Gaming Control Board (NGCB) for many months, and the two sides recently came to clash once again as the latter asked a state court to hold the former in contempt.
CFTC Sues New Mexico in US Prediction Market Legal Battle
The Commodity Futures Trading Commission (CFTC) is stepping up its legal assault on US states that try to take regulation of prediction markets into their own hands, with New Mexico the latest to be served with legal papers.
Belarus Police Dismantle Illegal Immigration Ring Serving Online
Police in Belarus have dismantled a network of illegal migrants who were running online casino sites under the guise of software developers.