Regulation
Lula & Bolsonaro both back online gambling clampdown before vote
Brazil's two leading presidential candidates both now back tighter restrictions on online gambling ahead of the October 4 vote.
Reporting & guides
Courts
State lawmakers push Supreme Court to rule on Kalshi contracts
State gaming lawmakers have asked the Supreme Court to settle whether prediction markets like Kalshi must follow state gambling law.
Markets
Polymarket sets up CFTC-regulated US arm as prediction markets boom
Prediction markets are growing fast, with Kalshi & Polymarket taking different regulatory paths in the US.
Regulation
Bulgaria’s draft rule sends payment fees above 1.5% to the treasury
Bulgaria has drafted a rule capping the fees banks & e-money firms can keep from gambling deposits & payouts at 1.5%.
Regulation
Palmerbet faces 535 breaches over one BetStop self-exclusion case
Palmerbet signed an 18-month enforceable undertaking after failing to close a self-excluded customer's account for nearly 18 months.
Scandal
Craven & Tehrani’s Stake caught in Curaçao paperwork leak
Leaked Curaçao regulatory files show red flags were raised over Stake's gambling licence application.
Business
MGM eyes bid for People Inc., its own top shareholder
MGM Resorts is reportedly weighing a takeover of People Inc., the media company that just abandoned its own bid for MGM.
Scandal
FanDuel voids Bill Simmons bets as Massachusetts probe opens
Massachusetts regulators are investigating podcaster Bill Simmons after he admitted having someone else place bets for him.
Regulation
Bookies Face Powerball UK Betting Ban as DCMS Opens Consultation
The UK government has opened a consultation to ban betting firms from taking bets on Powerball UK.
Regulation
South Korea lets casinos borrow for construction, a first since 1998
South Korea will let casino operators borrow public tourism funds for construction for the first time since 1998.