Regulation & Law

The United States under President Donald Trump’s second administration is doubling down on prediction markets and the non-traditional trading of event contracts tied to sports, pop culture, and politics. Across the globe, however, governments of several major economies are moving in the opposite di…

The Venetian Resort Las Vegas will pay $7.2 million to Nevada gambling regulators, bringing an end to an investigation into the casino’s dealings with illegal bookmaker Mathew Bowyer. This hefty punishment also serves to remind the state’s broader casino industry that high-value players sometimes c…

US Rep. Paul Tonko criticized FanDuel’s response after the company recently defended its VIP program in response to an inquiry from government officials stemming from a recent scandal involving MLB star Bryce Harper and a user experiencing problem gambling. These invite-only programs are typically…

A Nevada man who was wrongly arrested after being misidentified by facial recognition technology at Reno’s Peppermill Casino Resort is seeking the identities of 168 other people who were allegedly flagged by the system. Jason Killinger has asked a federal judge to order the City of Reno to produce…

The still young prediction market arena is teeming with competition, but the credibility of some competitors and the industry’s ability to sustain a large population are lingering questions. By some estimates, there are approximately 40 companies offering event contracts today in the U.S. and some…

Uruguay’s Chamber of Operators and Lessors of Casino and Entertainment Hall Services (CUOASEC) has submitted a bill to the Executive Branch to regulate online gambling, according to the industry body, which was established at the end of November 2025. The bill would require state authorisation for…

Brazilian President Lula da Silva has stepped up his criticism of online betting companies, increasingly presenting gambling as a social problem while aligning the issue with concerns raised by more conservative sections of Brazilian society. Silva has repeatedly described betting companies as a “s…

Australia's parliament has approved the Interactive Gambling Amendment (Gambling Reform) Bill 2026, enacting a wide set of restrictions on gambling advertising nationwide. The legislation follows months of debate and a Senate inquiry examining whether the government's proposed measures went far eno…

Aspiring financiers are, perhaps not surprisingly, fans of betting and prediction markets, though the percentages of adoption are mostly in line with those found with broader groups of young people. Morgan Stanley’s annual survey of summer interns, which polls the investment bank’s more than 500 No…

The big day has finally arrived. After a long six weeks since a dramatic World Cup final sent us into the football doldrums, the wind is firmly back in the sport’s sails as the Premier League kicks off this weekend. But who should trading teams keep an eye on? Will Arsenal repeat their 2025/26 succ…

Crown Sydney Casino in New South Wales, Australia, was hit with an AUD 1.75 million ($1.25 million) fine after the New South Wales Independent Casino Commission (NICC) ruled that the venue had allowed a 16-year-old boy to gamble at least 19 times. The Star Sidney was also slapped with a fine for le…

Jersey, the largest of the Channel Islands, between England and France, has reinforced its gambling regulatory body, the Jersey Gambling Commission, with the appointment of crime specialist Barry Faudemer as chair. In this position, Faudemer will be tasked with, among other things, tackling activit…

Butler National Corporation has extended two sports wagering agreements at its Boot Hill Casino & Resort property in Kansas until 2030. The agreements, executed by Butler National subsidiary BHCMC, LLC, cover both the property's regulatory relationship with the Kansas Lottery and its commercial par…

Businessman Jaime Vives Pinedo has been appointed as the new president of Coljuegos, the state entity responsible for administering and regulating gambling and games of chance in Colombia. Vives Pinedo has been involved in various business activities in the department of Magdalena and has been asso…

The Commodity Futures Trading Commission's (CFTC) first Innovation Advisory Committee meeting exposed sharp divisions over how to regulate the rapidly expanding prediction markets industry, with CME Group CEO Terry Duffy warning that some contracts could be vulnerable to manipulation. The meeting o…

The Nevada Gaming Commission on Thursday approved a $7.2 million fine against Venetian Las Vegas Gaming LLC, doing business as The Venetian Resort Las Vegas, over failures to stop convicted felon and illegal bookmaker Mathew Bowyer from playing, whose activity at the casino largely occurred between…

Online gambling operator QuinnBet (Gibraltar) Limited has agreed to pay £609,104 ($830,501) after a UK Gambling Commission investigation found failures in its anti-money laundering (AML) and social responsibility controls. The settlement followed a compliance review of QuinnBet's remote gambling li…

Denmark has blocked prediction market platform Polymarket as part of a wider crackdown on unlicensed gambling websites. Polymarket is one of 98 gambling websites blocked by the Danish Gambling Authority (Spillemyndigheden) after the Frederiksberg Court ruled that the sites were offering gambling se…