Industry News and Headlines
Industry
December 5, 2025
Trader Accused of “Milking Polymarket” with Insider Google Data
A post on X has kicked off a wave of speculation about a Polymarket trader who reportedly made a staggering $1 million in a single day by betting on Google search-related markets. “This Isn’t a Lucky Streak.” The poster claims the trader, known on the platform as “AlphaRacoon,” isn’t just unusually accurate but may actually […]
Industry
December 4, 2025
Google Closes the Door on Horse Racing Aggregator Ads in the US
Google has taken a firm stance against online horse racing advertisers in the United States, rolling out a policy change that effectively bars third-party affiliates and comparison platforms from buying ads tied to the sport. Starting from December 1, 2025, Google will no longer allow aggregators promoting various horse racing betting sites to use its […]
Industry
December 4, 2025
New York Bill to Ban Sweepstakes Advances to Governor’s Desk
A bill to ban sweepstakes-style casino platforms is now awaiting New York Governor Kathy Hochul’s decision, as lawmakers have granted final approval to the measure. Now the governor has until December 31 to either sign it into law or block it from taking effect. Bill Advances to the New York Governor’s Office State Senator Joseph […]
Industry
December 4, 2025
Brazil’s CAE Greenlights Gradual Tax Increase for Gambling Operators
On December 2, Brazil’s Senate Economic Affairs Committee (CAE) approved an advanced bill, PL 5,473/2025, to gradually raise taxes on the gambling industry, with the highest rate set at 18% of Gross Gaming Revenue (GGR). Brazil’s CAE Moves Forward with New Gambling Tax Legislation Lawmakers approved the measure with a 23–1 vote, agreeing on a […]
Industry
December 4, 2025
UKGC Penalizes Betfred over AML & Social Responsibility Breaches
The United Kingdom’s Gambling Commission (UKGC) has fined yet another licensee due to social responsibility and AML failures. The company in question this time was Betfred, the protection protocols of which failed to properly identify at-risk players or suspicious transactions. The Operator’s Systems Failed to Properly Identify Riskier Transactions According to the UKGC’s announcement, Betfred’s […]
Industry
December 4, 2025
Bulgarian Parliament Rejects Privatization Bid of Gambling Industry
Bulgaria’s Parliament voted on Wednesday against a proposal to privatize the gambling industry and establish a state monopoly instead. This comes on the heels of another proposal to issue a tender and privatize the National Lottery, citing successful examples elsewhere in Europe, including the United Kingdom. Bulgaria Rejects Attempt to Nationalize All Gambling The vote […]
Industry
December 4, 2025
UK’s ASA Reprimands Betway Over “Irresponsible” F1 Ad
The United Kingdom’s Advertising Standards Authority (ASA) has reprimanded Betway over an ad featuring F1 drivers. The regulator has asked the operator to take the ad down due to its potential to appeal to underage viewers. Complaint Says Betway’s F1 Ad Violated the CAP Code The UK, like many regulated markets, has strict prohibitions on […]
Industry
December 4, 2025
Fanatics Enters Event Contracts Space, Launches Fanatics Markets in 10 States
Fanatics has surpassed many of its gaming competitors by launching a prediction markets platform ahead of many operators interested in the space. The launch comes only a few weeks after the company confirmed that it was in talks with Crypto.com. Fanatics Markets Is Now Available in 10 States Fanatics’ event contracts division, Fanatics Markets, has […]
Industry
December 3, 2025
UKGC Tightens Control Over Adult Gaming Centers in 2025
According to the United Kingdom’s Gambling Commission CEO Andrew Rhodes, who spoke at the Bacta trade body’s Annual Convention in Leeds, the regulator has stepped up its oversight of Adult Gaming Centers (AGCs) throughout this year. In addition, Rhodes talked about the commission’s funds and vowed that the regulator will continue its fight against illegal […]
Industry
December 3, 2025
Kalshi Faces Challenges, But CNN Partnership Reaffirms Its Status
Kalshi is facing quite a bit of pushback since the platform introduced sports event contracts. A judge in Nevada told it to stop providing these markets altogether, while a new lawsuit is looking to define the platform’s operations as illegal gambling. CNN Welcomes Kalshi as First Official Prediction Market Partner Individual states have acted in […]