Regulation
UK gaming machines get forced breaks & £450 loss caps
New UK rules force gaming machines to impose loss limits & breaks, but most existing machines are exempt.
Reporting & guides
Regulation
Polymarket bets on HSBC & Lloyds collapse trigger UK alarm
Polymarket has taken bets on whether HSBC, Lloyds & other major banks will collapse by year end.
Business
Bettor loses $25,000 on Kalshi despite sportsbook ban
A bettor banned from DraftKings & FanDuel ran up $25,000 in losses on Kalshi before the firm finally closed his account.
Markets
Vegas cinema chain bets $1,000 on Kalshi against Hollywood
A Las Vegas cinema chain used Kalshi to bet that Hollywood releases fewer than 60 films this quarter.
Regulation
Illinois sports contract rules likely clash with federal law
A federal judge says Illinois licensing rules for sports event contracts likely clash with federal law, in a win for Kalshi & Coinbase.
Courts
DraftKings sued over alleged AI targeting of bettors
A DraftKings customer is suing over claims the company used AI to target likely losers with more promotions.
Courts
Grand jury indicts ‘Wild Bill’ Roberts after dropped charges return
Las Vegas gambler 'Wild Bill' Roberts has been indicted over an alleged illegal sportsbook he kept running after his April arrest.
Courts
Soldier’s $409,000 Polymarket case hinges on ‘swap’ fight
The DOJ says Polymarket's binary event contracts count as swaps, defending its case against a soldier accused of insider trading on Maduro's removal.
Regulation
Kalshi joins Polymarket on Czech Republic’s banned list
The Czech Republic has ordered ISPs to block Kalshi within 15 days, following a similar ban on Polymarket in July.
Courts
Judge: Scotts Valley’s $10m casino loss self-inflicted
A federal judge says the Scotts Valley Band's $10m casino losses were self-inflicted, keeping its Vallejo site closed.