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.
Regulation
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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.
Rosemarijn Dral Appointed Director of Dutch Betting Trade Body
Former MP Rosemarijn Dral has been appointed as the new Director of Dutch betting and gaming body VNLOK. Her political background could be beneficial as the Dutch online gaming sector encounters increased regulatory attention.
Gambling Commission Expects English Council Powers to Become Law
Ian Angus, Director of Policy at the UK’s Gambling Commission, expresses confidence in the government's move to grant more powers to English councils regarding gambling licensing.
Isle of Man Gambling Legislation Bill Progresses
The Isle of Man is advancing its gambling framework with the progression of the Gambling Legislation (Amendment) Bill through the Tynwald, marking a significant regulatory update.
Irish National Lottery Calls for Ban on Bookmaker Lottery Draw Bets
Premier Lotteries Ireland (PLI) urges the government to prohibit bookmakers from accepting bets on lottery draws, citing diversion of sales and funds.
Gibraltar MP Urges Countries to Stay Ahead in Predictions Sector
Gibraltar focuses on prediction markets and tokenisation in its regulatory strategy to lead in technology. Minister Nigel Feetham stresses the need for countries to act promptly to avoid lagging behind.