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Industry
October 2, 2025
UK Gambling Commission Finds No Sustained Growth in Illegal Gambling Market
The United Kingdom’s Gambling Commission (UKGC) has released the second report in its series on the illegal gambling market in Great Britain, indicating that there is no evidence of an overall upward trend, despite increased activity observed in the latter half of 2024. UKGC’s Newest Report States No Growth in Illegal Gambling In the UK […]
Industry
October 2, 2025
Europe Gets Closer to a Single Standard for Spotting Gambling Problems
Europe has taken a new step to unify safe gambling practices. National standardization groups have voted to support a draft European framework that aims to identify risky gambling behavior. CEN Greenlights Framework to Spot Risky Gambling Behaviour Across Europe The European Gaming and Betting Association (EGBA) first suggested this plan in 2022. Now, the European […]
Industry
October 1, 2025
Sweden Moves Toward Comprehensive Ban on Credit Gambling
The government in Sweden has introduced a new bill designed to strengthen protections against gambling-related debt by placing a strict ban on credit-funded gambling. This new measure, titled “A New Ban on Credit Gambling,” seeks to significantly extend restrictions already present in the country’s Gambling Act and is scheduled to take effect on April 1, […]
Industry
October 1, 2025
Las Vegas Faces Economic Challenges as Federal Shutdown Begins
Las Vegas is bracing for a significant shakeup as the federal government announced it would shut down after lawmakers failed to pass a funding deal. This development will likely lead to a wave of furloughs, suspended services, and growing uncertainty in sectors that rely on tourism and travel. Casinos could be especially susceptible, as economic […]
Industry
October 1, 2025
Trump Jr. Calls for Legal Sports Betting in Georgia and Alabama
Responding to a social media post on X (formerly Twitter), Donald Trump Jr., the son of the US President, said he supports Georgia and Alabama legalizing sports betting, explaining that it is “crazy” these states’ residents cannot wager on a top 20 primetime showdown between their premier football programs. Trump Jr. Supports Sports Betting in Georgia and Alabama […]
Industry
October 1, 2025
Colombian Gambling Authority Makes ISPs Block Polymarket
Colombia’s gambling authority, Coljuegos, has requested that internet service providers block access to the prediction market platform Polymarket, citing unauthorized betting activities related to electoral events. Coljuegos Makes ISPs Block Polymarket The agency asserts that Polymarket’s political prediction markets violate existing regulations and accuses the platform of conducting unauthorized financial activities, including cryptocurrency-based betting, which […]
Industry
October 1, 2025
UKGC Penalizes Betfred Parent Due to RTS Violations
The United Kingdom’s Gambling Commission (UKGC) announced that it has penalized Betfred’s parent company, Petfre Limited, over regulatory failures. Among other things, the operator failed to properly inform players of their net position. Betfred’s Operator Breached the RTS In its latest announcement, the UKGC said that it has issued a GBP 240,000 ($324,000) penalty to […]
Industry
October 1, 2025
Midnite to Triple Down on Growth Thanks to $100M Credit Facility
UK-facing sports betting operator Midnite has secured a revolving credit facility that will power its local expansion. This comes several months after the sportsbook closed a multi-million dollar funding round. The Funds Will Provide the Company with Financial Flexibility According to the latest announcement, Midnite has secured a revolving credit facility of up to $100 […]
Industry
October 1, 2025
White House Decides Against Naming Brian Quintenz CFTC Lead
The White House has changed its mind about appointing ex-Kalshi member and crypto ally Brian Quintenz as the next Commodity Futures Trading Commission (CFTC) lead. This decision was first reported by Politico and confirmed by the White House soon after. Quintenz Was Honored by the Nomination For a while, Quintenz stood out as the […]
Industry
October 1, 2025
ITV Pens Deal to Broadcast UK Horseracing Through 2030
Big news for horseracing aficionados as ITV has penned a four-year agreement to continue broadcasting UK horseracing through 2030. Fans can look forward to exclusive, free-to-air coverage of some of Britain’s top races. The Expanded Deal Will Ensure Fans Have Access to Free-to-Air Coverage The new deal will run from 2027 until the end of […]
