Industry News and Headlines
Industry
November 11, 2025
Kalshi-Backed Survey Finds 90% of People Support Prediction Markets
According to a recent study by Kalshi, nearly 90% of Americans believe they should have access to prediction markets. The surveyed respondents see prediction markets as financial investments rather than gambling, which is a view that enjoys strong bipartisan support. Survey Results Show Overwhelming Support for Prediction Markets Axis Research, the company that made the […]
Industry
November 11, 2025
ProphetX Files for DCM, DCO Status in the US
ProphetX, a user-driven sports prediction market, announced that it has submitted Commodity Futures Trading Commission (CFTC) applications to be registered as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). ProphetX Is in the Perfect Spot to Create a Vertically Integrated Marketplace In its official announcement, ProphetX announced that, if approved, it will […]
Industry
November 11, 2025
Blask Passes 107 iGaming Markets Milestone, Plans Further Growth
Blask, an AI-powered iGaming analytics firm, announced that it has surpassed the 100 iGaming markets milestone. The platform is therefore providing analytics in more than half of the countries in the world. Blask Reached a Major Milestone Blask’s global coverage has officially reached 107 iGaming markets thanks to recent expansion into countries across Africa, Asia, […]
Industry
November 11, 2025
BGC Boss Urges Caution in Rising Gambling Tax in the UK
The CEO of the Betting and Gaming Council, Grainne Hurst, has issued a cautionary statement to the Chancellor and the government of the United Kingdom, urging a balanced approach in regulating the gambling industry and not using it as a scapegoat for fiscal and monetary missteps. UK Rumored Tax Hike Has Trade Groups Up in […]
Industry
November 10, 2025
Colorado Tribes Renew Fight for Sports Betting Rights
Tensions have once again erupted between the state of Colorado and its two federally recognized tribes, the Southern Ute Indian Tribe and the Ute Mountain Ute Tribe. Frictions over sports betting rights and environmental disputes are becoming more pronounced. Tribal leaders say the state’s refusal to allow them to offer online sports wagering represents yet […]
Industry
November 10, 2025
New York’s New Bill Targets Prediction Markets with Strict Restrictions
New York’s Assembly Bill 9251, referred to as the Oversight and Regulation of Activity for Contracts Linked to Events (ORACLE) Act, aims to establish definitions, regulations, and limitations for the operation of prediction markets. AB 9251 Aims to Heavily Restrict Prediction Markets The bill’s key provision explicitly prohibits certain types of markets for users in […]
Industry
November 10, 2025
Las Vegas’ Cosmopolitan Is Selling Off Ice-Skating Ring
Since 2011, The Cosmopolitan in Las Vegas has transformed its fourth-floor Boulevard Tower pool into a 4,200-square-foot rooftop ice rink, complete with real ice, fire pits, snow showers, and themed cocktails, creating a festive winter wonderland for the holiday season. Unfortunately for longtime fans of this tradition, this year the popular seasonal attraction will be […]
Industry
November 10, 2025
Offshore Gambling Sites Target Australians on Self-Exclusion Lists
Australian gambling addicts who have entered self-exclusion lists have been targeted by offshore gambling companies, which are using third-party websites to entice them back into gaming. Gambling Sites Target Vulnerable Australian Addicts Despite offshore gambling companies being banned in the country, they have been paying websites that promote their services. Some of the websites, whose […]
Industry
November 10, 2025
BGC: Study Says Higher Taxes Weaken Regulated Gaming
The UK Betting and Gaming Council has published the results of a new study on higher gambling taxes and their effect on the gaming ecosystem. The study, conducted by PwC, strongly suggested links between over-taxation and a strong black market. Higher-Tax Countries Experience Bigger Black-Market Struggles For its study, dubbed Impact of the taxation and […]
Industry
November 10, 2025
Gambling Tax Hikes Looms as Bulgaria Considers 2026 Budget
Bulgaria’s financial sector has been rocked by plans for tax hikes. Among other things, officials have been considering raising the gambling tax by 5%. Tax Hike Is on the Table Bulgaria’s medium-term budget forecast for 2026-2028 has outlined certain changes to the Eastern European country’s Gambling Act. The amendments will see the country’s gambling tax […]