iGaming Industry News

Breaking news, analysis, and insights from the global iGaming industry

Polymarket Raising $1bn at a $21bn Valuation as Two Countries Move Against It

2 min read•Sep 1

Prediction Markets

Ninth Circuit Rules Kalshi's Sports Contracts Are Not Swaps in 3-0 Nevada Win

3 min read•Aug 31

Corporate

Google Rewrites Its Gambling Ad Certification and Splits It by Country

3 min read•Aug 27

Latest News

RegulatoryJust now

Brazil's MPF Raids Betnacional's Owner Over Alleged Laundering and Tax Evasion

Federal prosecutors allege a Curaçao shell company was used to make a Brazilian betting operation look offshore before regulation arrived, and that the structures behind it were adapted rather than abandoned once it did. NSX Brasil says it operates lawfully.

Antonina Tupikova

2 min read

Regulatory19h ago

Estonia's PM Orders an Early Review of a Tax Cut That Drew No New Operators

Estonia halved its online gambling tax to bring international operators to Tallinn. Nine months on, not one new online casino has arrived, receipts are down, and the prime minister has pulled the review forward by two years.

Antonina Tupikova

2 min read

Regulatory19h ago

British Columbia Says Prediction Markets Are Illegal Gambling in the Province

Canada's securities regulators declined jurisdiction over sports event contracts on Thursday. By Friday British Columbia had picked it up, naming Kalshi and Polymarket and calling their sports and entertainment products illegal. That is the sequence operators should be watching.

Antonina Tupikova

2 min read

RegulatoryAug 31

Canada's Regulators Say Sports Event Contracts Are Not Theirs to Regulate

Canada's securities regulators have declined to bring sports and entertainment event contracts inside the securities framework, and told their dealer members not to trade them. Coming a day before the Ninth Circuit reached a parallel conclusion, it leaves prediction markets without a financial-regulation route into two more jurisdictions.

Antonina Tupikova

2 min read

CorporateAug 31

Star Posts AU$307m Loss as Auditors Again Flag Doubt Over Its Survival

The headline number improved and the underlying business stopped bleeding, but Star's auditors still cannot say it will be able to pay its bills, and a leaked recording of its chief executive has handed the New South Wales regulator a fresh governance problem in the same week.

Antonina Tupikova

3 min read

RegulatoryAug 28

Ontario Fines NorthStar CA$100,000 Over a Single Player Account

The regulator found the operator failed to escalate a customer whose disclosed occupation was high risk and whose deposits reached about $189,395. NorthStar did not dispute the finding.

Antonina Tupikova

2 min read

RegulatoryAug 28

Brazil Will Fund a New Security Ministry With 30% of Betting Tax

Lula confirmed on national television that he intends to split the Justice ministry once the Senate passes PEC 18/2025. The amendment routes 30% of betting revenue to the police and prison funds, in the same month a bill was filed to abolish the market.

Antonina Tupikova

2 min read

Prediction MarketsAug 28

A $3m Kalshi Trade Matches Lane Kiffin's Bonus Almost to the Dollar

Five block trades on Louisiana State University's season pay out exactly the coach's national championship bonus. This is the clearest evidence yet that sports event contracts hedge something real, and it did not come from a retail trader.

Antonina Tupikova

2 min read