Illinois fights federal injunction bid over prediction markets gambling enforcement dispute Suswati Basu Illinois is asking a federal judge to reject requests that would temporarily block the state from enforcing its gambling laws against sports and election prediction markets, arguing the products are ordinary wagers instead of federally regulated financial instruments. In a … Continue reading Illinois fights federal injunction bid over prediction markets gambling enforcement dispute
North Carolina budget reshapes gambling taxes with sportsbooks facing higher rates Suswati Basu North Carolina has a new state budget, and with it comes major changes for the state’s gambling industry. Gov. Josh Stein signed Senate Bill 257 into law Tuesday (July 7), approving the first full state budget North Carolina has passed … Continue reading North Carolina budget reshapes gambling taxes with sportsbooks facing higher rates
Not everything you can bet on is gambling, says CFTC in new prediction markets proposal Suswati Basu A new proposal from the Commodity Futures Trading Commission (CFTC) is setting the stage for what could become one of the prediction market industry’s favorite recurring traditions, i.e., arguing with regulators. The agency has released a … Continue reading Not everything you can bet on is gambling, says CFTC in new prediction markets proposal
Bipartisan bill seeks federal gambling disorder study as betting spreads across the US Suswati Basu A bipartisan group of lawmakers wants the federal government to take a much closer look at gambling addiction as online sports betting continues to spread across the United States. Reps. Dan Goldman of New York and Blake Moore … Continue reading Bipartisan bill seeks federal gambling disorder study as betting spreads across the US
Nationalists promise Malta veto against proposed European Union online gambling tax Suswati Basu Malta’s opposition Nationalist Party says it would block any attempt to introduce a European Union-wide online gambling tax, arguing the measure would hurt Malta’s economy and weaken regulated operators across Europe. Speaking during a European Parliament plenary debate on future … Continue reading Nationalists promise Malta veto against proposed European Union online gambling tax
Pennsylvania regulators approve $180K in gaming fines while expanding involuntary exclusion lists Suswati Basu Pennsylvania gaming regulators handed down $ 180,000 in fines Wednesday during the Gaming Control Board’s monthly public meeting, targeting several operators over underage gambling access, licensing problems and failures tied to online account protections. Greenwood Gaming and Entertainment received … Continue reading Pennsylvania regulators approve $180K in gaming fines while expanding involuntary exclusion lists
Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns Suswati Basu A fresh industry report says unregulated online gambling has become one of the world’s largest hidden digital economies, with global wagering volume reaching an estimated $ 5.9 trillion during 2025. Gaming Compliance International’s latest study, Online Gaming 2025: Global, found the … Continue reading Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns
Oklahoma lawmakers override veto expanding criminal ban against online sweepstakes gambling Suswati Basu Oklahoma lawmakers have finalized a major expansion of the state’s gambling restrictions after voting to override Gov. Kevin Stitt’s veto of Senate Bill 1589. The measure updates Oklahoma’s criminal gambling statute to specifically address online casino-style games, sweepstakes operations, and … Continue reading Oklahoma lawmakers override veto expanding criminal ban against online sweepstakes gambling
Alberta online gambling expansion sparks concern among First Nations casino operators Paul McNally Alberta is moving ahead with plans to expand online gambling, a shift that is already raising concern among some First Nations leaders who rely heavily on revenue from brick-and-mortar casinos. The province is aiming to launch its new iGaming system … Continue reading Alberta online gambling expansion sparks concern among First Nations casino operators
Gambling ads face scrutiny as Google blocks 270 million promotions in 2025 Suswati Basu Online gambling ads faced a tougher year in 2025 as Google stepped up enforcement across its network. The company says it blocked or removed 270.7 million gambling and gaming ads for breaking policy rules, putting the sector among the … Continue reading Gambling ads face scrutiny as Google blocks 270 million promotions in 2025
