iGaming news

Money paid by operators to settle regulatory cases will now flow into the government's Consolidated Fund for discretionary use, rather than being ring-fenced for gambling-harm work, a decision that lands just months after the charity GambleAware wound down.

The state's licensed operators generated just over $7 billion in the fiscal year to 30 June 2026, a first for Pennsylvania, with online casino revenue up 18.42% carrying the market even as June's monthly total slipped.

A record World Cup drove Kambi's second-quarter revenue up 13.5% and more than doubled its adjusted earnings, prompting the sportsbook supplier to lift its full-year profit guidance.

A House Agriculture subcommittee has put customer protection and market integrity in sports-event prediction markets on the congressional record for the first time, arriving just as Kalshi's federal lobbying spend approaches a record $990,000 for the opening half of 2026.

Evolution has walked away from its roughly $85 million takeover of Galaxy Gaming after two gaming regulatory approvals failed to arrive by the deadline, triggering a $5.23 million termination fee payable within two business days.

Turkish prosecutors instructed 32 banks to freeze thousands of accounts at the moment the World Cup final kicked off, striking at the payment rails of an illegal betting market they estimate could handle as much as US$50 billion across the tournament.

A King County judge has granted a preliminary injunction barring Washington residents from accessing Kalshi, ruling the platform likely operates as an "illegal gambling operation" under state law. It makes Washington the fifth state in active litigation against the exchange.

Kalshi, Polymarket and Robinhood's Rothera took roughly 27% of all legal US sports-betting volume during the tournament, up from about 9% in January, according to H2 Gambling Capital. Kalshi drew more daily app users than either DraftKings or FanDuel.

InOut Games launches Wheel Out, a high-volatility instant game (96.5% RTP, $20,000 max win) built on a flight-based mechanic inspired by viral tyre-launching videos.

Kalshi's contract on the Argentina versus Spain final has drawn about $1.27 billion in volume, making a single football match the biggest event-contract market ever run. It lands as total World Cup trading across the major platforms nears $25 billion.

Kalshi, Polymarket and Robinhood's new Rothera venue combined for more than $50 billion in trading volume in June, dwarfing the handle traditional US sportsbooks are projected to take across the entire World Cup. The tournament has become the clearest evidence yet that event contracts are competing with regulated betting, not sitting beside it.

Italy's customs and monopolies regulator has ordered internet providers to make Polymarket and hundreds of other sites unreachable, reasserting that a prediction market operating without an Italian concession is simply an unlicensed gambling operator. It is Polymarket's second Italian blackout in nine months.

Brazil's Ministry of Finance has published new advertising rules that require every betting ad to carry a financial-loss warning and outlaw urgency and easy-money messaging, tightening the screws on a sector that spent R$1.44 billion, approximately $260 million, promoting itself last year.

Playtech has told the market its first-half performance landed significantly ahead of expectations, lifting its full-year adjusted EBITDA target to at least €270 million and sending the shares up as much as 18% on the day. The upgrade rests on US and Latin American momentum that the supplier will need to sustain against a sharply higher UK tax burden.

A Manhattan federal judge has ruled that Kalshi's federal registration does not shield its sports contracts from New York gambling law, the prediction-market sector's most significant legal setback to date. The decision clears the way for state regulators and the Attorney General to pursue enforcement, and Kalshi has already appealed.

North Carolina's newly signed budget lifts the online sports-betting tax from 18% to 23% of gross wagering revenue and creates a 6% tax on prediction-market operators, the first state levy of its kind. The higher rate makes North Carolina one of the costlier US markets for licensed sportsbooks.

The UK Gambling Commission has confirmed it will phase in Financial Risk Assessments, beginning with the largest operators and the highest-spending customers, after a pilot found that 97% of affected accounts could be checked without friction or any impact on credit scores. The first stage triggers at a £5,000 net deposit and will touch fewer than 0.5% of customers.

An Ingham County judge has granted a 14-day temporary restraining order barring prediction-market operator Kalshi from offering sports event contracts to anyone in Michigan, with noncompliance carrying a penalty of $120,000 per day. It is the latest state to treat the federally registered exchange as an unlicensed sportsbook.

Ireland's new gambling regulator has begun issuing statutory licences, switching on the regime built under the Gambling Regulation Act 2024 and starting the long transition from a fragmented legacy system to a single supervised market.

Spain's gambling regulator has reopened one of Europe's most contested advertising fights, proposing to bar celebrities and influencers from all gambling promotion as it rewrites the 2011 Gambling Act, two years after the courts struck down its last attempt.

France's National Assembly has written a mandatory youth loss limit into its professional-sport bill, obliging the government to cap what young adults can lose on betting. The crucial threshold, however, will be set later by decree.

The Gambling Commission has penalised the operator of betfred.com after social-responsibility gaps allowed a single customer to lose £17,900 in 24 hours, with the regulator branding the shortcomings "unacceptable".

Entain has struck a deal to sell an initial fifth of its Central and Eastern European unit to joint-venture partner EMMA Capital, valuing the business at about €2.1bn and beginning a full withdrawal. The proceeds will go toward cutting group debt.

The prediction-market exchange is raising fresh capital at roughly twice its most recent valuation, with the World Cup pushing trading volumes higher. A potential 2027 listing is now on the table.