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120 results for “Interac”

Sydney Harbour and the Opera House at dusk
Prediction Markets

ASIC Says Prediction Markets Have All the Features of a Bet

Australia's financial regulator has told platforms that a retail prediction market is unlikely to pass its public interest test for a market licence. Offshore users and the licensees who route them there have been put on notice.

The Kalshi logo on a smartphone screen lit in blue
Prediction Markets

Kalshi Raises $1bn at a $40bn Valuation in the Week Utah Charged Its Founders

Kalshi has almost doubled its valuation in under six months with a $1 billion Series G co-led by Wellington and Sequoia. The round was announced a day after Utah filed felony charges against the exchange and both co-founders, and the company's pitch to investors leans on its business beyond sport.

Via della Conciliazione in Rome looking towards St Peter's Basilica, with scooters and pedestrians in the foreground
Corporate

Flutter Will Close Betfair in Italy, Calling Its Exchange No Longer Sustainable

Flutter Entertainment is taking Betfair's exchange, sportsbook and casino out of Italy and blames regulatory changes it has not named. Customers have no closing date yet, and the decision lands just over two weeks before Italy's deadline for exchange operators to certify their systems under new technical rules.

A cricket match under floodlights at the Melbourne Cricket Ground, seen from the crowd beneath a clear evening sky
Regulatory

ACMA Sets No Follower Threshold for Australia's Ban on Notable People in Betting Ads

Australia's media regulator has published its first guidance on the ban on athletes, celebrities, influencers and prominent individuals in wagering advertising, and it draws the line wide: there is no follower count, no time limit on "former", and the legal risk sits entirely with the bookmaker. The rules start on 1 January 2027.

Jockeys in coloured silks drive a field of horses along a grass racecourse beside a white running rail
Corporate

QuinnBet Moves to Kambi's Turnkey Sportsbook in a Multi-Year Deal

Kambi has signed the UK and Irish bookmaker to its full outsourced sportsbook at a time when partner migrations are shrinking its European business. The value, the term and the launch date are not disclosed, and QuinnBet's last platform move ended in a Gambling Commission finding.

A basketball dropping through the net of a hoop, with a dark, out-of-focus arena crowd behind it
Sports Betting

Shane Hennen Pleads Guilty in Both the NCAA Point-Shaving and NBA Betting Cases

The professional bettor prosecutors place at the centre of the college and Chinese basketball fixing scheme has admitted seven counts in Philadelphia, including two transferred from the Brooklyn case against Terry Rozier. He will be sentenced in February, weeks after Rozier's trial is due to open.

Brisbane's city skyline and a tall glass office tower seen across the Brisbane River under a blue sky with white clouds, with a ferry crossing in the foreground
Sports Betting

AFL Tells Sportsbet to Remove AI Videos of Players Made Without Their Consent

The league's official wagering partner has deleted AI-generated clips of Lachie Neale and Will Ashcroft after the players' union complained and Guardian Australia asked about them. From 1 January, Australian law will stop licensed bookmakers featuring athletes in wagering advertising whether the athletes consent or not.

The pediment of Spain's Congress of Deputies in Madrid, with the Spanish flag flying above its sculpted frieze against a blue sky
Regulatory

Spain Makes Online Operators Match Payment Methods to the Gambling Account Holder

A royal decree amending Spain's anti-money laundering regulation now requires licensed online operators to check that whoever holds the payment method used to deposit and withdraw is the person who holds the gambling account. Existing players get six months to comply and, on the decree's wording, cannot withdraw winnings in the meantime.

Kansas City's skyline and Union Station under a wide blue sky, seen from the lawn of the National WWI Memorial
Sports Betting

DraftKings and FanDuel Add Another $7m to Nebraska's Ballot Push, Taking It to $14.65m

DraftKings and FanDuel gave $3.5 million each in the latest reporting period, taking Tax Relief Nebraska's fundraising to $14.65 million for two online sports betting measures on the 3 November ballot. The committee registered to oppose them had reported nothing raised or spent by the same date, on Ballotpedia's count.

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