The Balkans Lead Efforts for Fairer European Market
Europe is perhaps going through the most dynamic period of regulatory changes the gambling sector has seen in recent years.
Regulation
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Brazil Warns Public About Illegal Prediction Markets
Brazil’s PT government has launched a new campaign which has warned the public that “betting will never be an investment or income”.
Oklahoma Legislature Passes Bill to Ban Online Casino Games
The Oklahoma Legislature has passed a bill that would prohibit online casino games, including those utilizing dual-currency systems used by sweepstakes casinos.
Texas Tech QB Sorsby Under NCAA Investigation
Online sports betting is again colliding with college athletics, this time involving a high-profile quarterback and potential NCAA eligibility consequences.
Coalition for Prediction Markets Addresses CFTC on Swaps Definition
The Coalition for Prediction Markets said the definition of swaps is “certainly broad enough” to include sports in its response to the Commodity Futures Trading Commission.
Ohio Lawmakers Propose Regulation of Prediction Markets
Ohio lawmakers introduce Senate Bill 430 to regulate prediction markets and potentially grant them sports betting licenses.
Colorado Sports Betting Rules Bill Moves to House
A bill in Colorado that adjusts sports betting rules is advancing to the House after the Senate removed details about an advertising ban.
Sports Leagues Divided on Prediction Markets
Major sports leagues are not aligned on prediction markets, and new filings with the Commodity Futures Trading Commission lay out just how wide that divide has become.
Iowa, Louisiana Pass Enforcement Bills as Minnesota Advances Sweeps
Minnesota advanced sweepstakes and prediction market bans, Iowa and Louisiana moved enforcement bills, and New York pushed new responsible gambling measures.
Federal Authorities Uncover Northern Indiana Illegal Gambling Ring
Federal authorities have revealed new details about an alleged Northern Indiana gambling ring, including the use of credit betting, local businesses, and intimidation tactics.
North Carolina’s Lumbee Tribe Advances Casino Amendment
The Lumbee Tribe of North Carolina’s leadership voted to amend its constitution, a formal step towards a potential casino.
Sports Leagues, Players Unions Seek Tighter Control Over Prediction
U.S. sports leagues and players’ unions are urging the CFTC to adopt stricter oversight and safeguards over sports-event contracts, while calling for a direct role in enforcing them.