Newsroom
Every story we have published, newest first: 922 articles on regulation, enforcement, mergers and acquisitions, results, prediction markets and the operators and suppliers behind them, each built on the original release, filing or regulator notice.
The fight over whether prediction markets are finance or gambling has looked like a jurisdictional argument between regulators. CNN's analysis puts a number on what it decides in practice, and the number is a consumer protection question.
Bloomberg and the Wall Street Journal report that Donald Trump Jr's 1789 Capital is leading a $1bn round valuing Polymarket at $21bn. It comes in the same week a federal appeals court and two Canadian regulators decided its core product is gambling, not finance.
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.
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.
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.
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.
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.
A federal appeals court has rejected the argument on which the entire prediction market industry rests, holding that a sporting result is not the kind of event the Commodity Exchange Act was written to cover. It is the clearest defeat Kalshi has suffered, and it points directly at the Supreme Court.
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.
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.
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.
A securities filing shows the operator agreed to pay up to $30 million over three years to HardScope, wholly owned by co-founder Matt Kalish, six weeks before he stepped down. The audit committee that approved it is appointed by a board he sat on.
Judge Donald W. Molloy refused a preliminary injunction on irreparable harm, holding that repeatedly agreeing to stay the case fatally undermined the claim of urgency. Connecticut lost its emergency application the same week.
The European Gaming and Betting Association changes leadership on 1 September, with Maarten Haijer stepping down after 13 years as Secretary General. His successor has named the illegal market as the priority.
A Hong Kong filing puts the half-year loss at about HK$136.8m against HK$1.42bn. Strip out last year's impairment and the comparison is HK$148.6m, an improvement of roughly 8%.
Net revenue rose 27% and EBITDA 29% in the second quarter. The company's own underlying figure, excluding the American acquisition and Austrian tax, is a fifth of the headline.
Spelinspektionen's preliminary Q2 figures put licensed turnover at SEK7.4bn. The headline growth rate understates what is happening in the commercial online segment, which grew at above 7%.
The operator's own state list now reads 18, and West Virginia is the addition. It is one of only a handful of states where the casino product can travel with the sportsbook.
The sportsbook has gone live with markets that settle in five minutes, through Crypto.com's CFTC self-certification. On Kalshi, short-dated crypto has gone from $643m in April to more than $4bn in July.
Hours after the NFL wrote prediction markets out of its data rights, Sportradar extended official data, streaming and integrity services to Polymarket across more than 20 competitions. One property is conspicuously absent from every one of these deals.
Answering three members of Congress, the MLBPA said it proposed a joint lobbying effort against in-game performance props and event contracts, and that Major League Baseball would not join it.
FTSE Russell's indicative screen has the Ladbrokes owner leaving the index alongside Persimmon, with easyJet and Ithaca Energy replacing them. The confirmation comes on 2 September and the change bites on the 21st.
The league confirmed three multi-year sportsbook deals on Thursday, five months after the category emptied. The most consequential line is the one about who is not in them.
The revised forms went live on Wednesday. One application per country, no account holding both a gambling and a social casino certification, and affiliates must certify that every outbound link goes to a licensee.