New York Bill Aims to Prohibit Online Sports Bets on College Campuses
Online sports bettors in New York could be blocked from placing wagers while on college campuses under a new bill introduced by Sen. Andrew Gounardes.
Regulation
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President Trump Calls for Regulation of Prediction Markets
Prediction market opposition continues to mount, but the sector is holding its own and launching legal counter-offensives
Former Casino Owner Agrees to Plead Guilty in Covid Aid Fraud Case
Dramatic turn in a case that has been unfolding for years: former New Hampshire state senator and casino owner Andy Sanborn has agreed to plead guilty to charges related to the improper use of relief funds in connection with the COVID pandemic.
Spain and Indonesia Declare Prediction Markets as Unlicensed Gambling
Spain and Indonesia have declared prediction markets as gambling, banning leading platforms from operating in the countries.
Brazil's Novo Desenrola Program Affects Pix Credit Use in Online
Brazil’s new Novo Desenrola debt renegotiation program has brought renewed attention to the use of Pix credit for online betting deposits.
Argentine Government Proposes Tougher Penalties for Illegal Online
Argentina’s government introduces a bill in the Senate to increase penalties for unauthorized online gambling platforms.
Indonesia Blocks Polymarket Access Due to President's Tenure Bet
Indonesia has blocked access to Polymarket as authorities expand enforcement against online betting, after a prediction market wager on the possible early end of President Prabowo Subianto’s term circulated widely on social media.
Spain Blocks Polymarket and Kalshi Amid Gambling License Probe
Spain has moved to block access to prediction market platforms Polymarket and Kalshi while regulators investigate whether the companies have been operating in the country without the required gambling licenses.
Michigan Regulator Expands Free Gamban Access
The Michigan Gaming Control Board (MGCB) has announced the purchase of an additional 100 free Gamban licenses for residents following strong demand for the online gambling blocking software program launched last month.
Australian Regulators Monitor US Prediction Platforms
Australian regulators are monitoring US-based prediction market platforms that are hosting bets on Australian elections, Reserve Bank decisions, and specific words Prime Minister Anthony Albanese may say in Parliament.
UK Court Rules in Favor of Spribe Over Aviator
There has been an important new development in the legal clash between crash games company Spribe and Aviator LLC.
Tennessee Bans Online Sweepstakes Casinos
Tennessee Governor Bill Lee has signed legislation banning online sweepstakes casinos, making the state the latest in a growing number of U.S. jurisdictions cracking down on casino-style gaming platforms that use virtual currencies and promotional systems.