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434 results for “EGR”

A phone showing a Polymarket market on control of the House
Prediction Markets

Yahoo Finance Ended Its Polymarket Data Hub in April, Six Months After Launch

The portal confirmed to Bloomberg that the hub carrying Polymarket probabilities alongside its news was taken down in the spring, while the exchange remains an advertiser. It surfaces in the same weekend as the Journal's account of Polymarket's US compliance failures, and as the company courts financial media to make event contracts look like markets.

The Warsaw skyline with the Palace of Culture and Science
Regulatory

Poland's Four Gambling Trade Bodies Reject a 1% EU-Wide Online Gambling Levy

A joint statement from the country's bookmaking and gaming associations says the tax floated for the EU's 2028 to 2034 budget would push players to unlicensed sites and cut, not raise, state revenue, and asks instead for uniform EU rules against illegal operators. Malta and EGBA have already objected; the levy would need every member state's consent.

A paved city-centre street lined with ornate sandstone Victorian buildings, with a green steel bridge crossing overhead under a pale sky
Corporate

Fred Done: Doubling Machine Duty Would Shut 495 Betfred Shops and 2,475 Jobs

The Betfred founder has put numbers on the Treasury's option: 45% of his estate, 2,475 jobs, £66.8m of tax and £15.8m of racing funding, in a Sunday Times op-ed and a Financial Times interview in which he says machines are half of shop profit. Betfred has already ended its Super League sponsorship, citing last year's Budget.

The Polymarket logo on a phone screen
Prediction Markets

WSJ: Polymarket Dropped a Laundering Control as Fraudsters Ran $10m Through It

A processor was rejecting more than 80% of Polymarket's US deposits as fraudulent in February, the compliance chief resigned after writing it up, and the chief executive told staff to keep growing and pay any fine later, the Journal reports. The CFTC is investigating, and the company is raising $1 billion.

The United States Capitol in Washington
Prediction Markets

US Election Officials Move to Bar Poll Workers From Trading on the Midterms

A Pennsylvania county wants prediction-market trading written into the oath its election workers swear, and Maryland's chief administrator plans to ask for the same statewide, the Associated Press reports. With the courts unlikely to rule before November, the workers are the one thing the states can still regulate.

The pediment and columns of the Congreso de los Diputados in Madrid under a blue sky, with the Spanish flag flying from the roof
Regulatory

Spain's 17 Regions Sign a Joint Defence of Their Gambling Powers Against Madrid

A working document submitted to the national regulator and the Gambling Policy Council on 7 September says Madrid's attempt to "coordinate" the protection of vulnerable players in land-based gambling is an attempt to direct powers the constitution gave the regions. Madrid's Ramón Cubián: "The autonomous communities are the authorities dealing with these matters every day."

The flag of Brazil, green with a yellow diamond and a blue globe bearing the motto Ordem e Progresso
Regulatory

Pernambuco Court Rejects Every Spribe Claim Against Betnacional Over Aviator

The state court that granted Spribe an injunction against NSX in April, then revoked it in July when a federal court suspended the developer's trademark, has now ruled on the merits: no trademark infringement, no copyright infringement, no unfair competition. It is the third Brazilian decision in a row to go against the Estonian studio, three days after a Brasília judge ordered it to police its own distribution.

Steven Paton, Commercial Director at WiseGaming
Interviews

WiseGaming's Steven Paton: Technology, Not Geography, Decides Who Survives

Every analyst note leads with Brazil, Africa or the next US state. WiseGaming's commercial director says market access without a stack that can localise in weeks is "a money pit", that Curaçao's LOK reform is a filter he welcomes, that the agent model is converting rather than dying, and that his platform charges on net profit after bonuses, PSP and content costs rather than on GGR. He also says where the whole industry, his company included, is still behind on AI.

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