3+ day, 53+ min ago   (801+ words) Online betting is becoming more common in Americans’ financial activity, with younger consumers driving much of the growth, according to a new Bank of America Institute (BOAI) report. The study found bettors receive less than 75 cents on average for every…...

1+ week, 5+ day ago   (495+ words) Expelled congressman and convicted fraudster George Santos is back in the headlines. The former Polymarket paid partner was issued a lifetime ban by Kalshi on August 31. Kalshi banned Santos and imposed a $71,356 fine following an investigation into trades he made…...

2+ week, 1+ day ago   (463+ words) Canadian regulators have made a clear distinction between sports betting and event contracts, at least for the immediate future. On August 27, the Canadian Securities Administrators (CSA) clarified that prediction markets involving sports and entertainment won’t be treated as securities products....

3+ week, 4+ day ago   (452+ words) Prediction market operators are seeking favorable resolutions in a growing list of contentious battles involving event contracts regulation. President Donald Trump is expected to attend a White House meeting Wednesday, August 19, with executives from the prediction market industry and senior…...

1+ mon, 19+ hour ago   (531+ words) The Nevada Council on Problem Gambling (NCPG) is ending a longstanding affiliation with the National Council on Problem Gambling later this month over concerns relating to Kalshi and prediction market gambling. The NCPG’s decision to cut ties with the national…...

1+ mon, 4+ week ago   (846+ words) Evolution, a prominent Sweden-based gaming technology company, agreed to pay the UK Gambling Commission £4.75m on July 15, bringing an end to an 18-month license review. Below is a timeline of the investigation, from initial complaints to settlement. The UK Gambling Commission…...

2+ mon, 5+ day ago   (611+ words) North Carolina became the first state to explicitly authorize platforms like Kalshi and Polymarket on July 7. Prediction market platforms are federally regulated, but several states have recently tried to restrict user access amid ongoing lawsuits over their legality. North Carolina’s…...

2+ mon, 1+ week ago   (591+ words) Ohio is moving forward with a bill that could dramatically alter the state’s sports betting landscape. If passed, the legislation would ban online and mobile wagering, while also restricting the types of bets players can make at casinos. Ohio State…...

2+ mon, 1+ week ago   (360+ words) Cash-based prediction markets are banned in Japan, but a pair of platforms have found a legal workaround – and are surging in popularity. The strict gambling rules in Japan have long kept prediction markets such as Polymarket and Kalshi out of…...

2+ mon, 1+ week ago   (465+ words) Nebraska is one step closer to legal online sports betting. While there are still hurdles to overcome, a lobbying group far surpassed the amount of signatures required for two sports betting petitions to be included in the upcoming November ballot....