Tribes, AGA, and 27 states challenge Kalshi over the limits of federal gambling law Brian-Damien Morgan Suswati Basu Twenty-seven US states have backed tribal appellants in a federal gambling law case against Kalshi that could help define the future trajectory of gambling regulation across the United States. As market analysts and … Continue reading Tribes, AGA, and 27 states challenge Kalshi over the limits of federal gambling law
Former NHS manager jailed for £123,000 gambling fraud Brian-Damien Morgan Suswati Basu A former senior UK National Health Service (NHS) manager has been sentenced for syphoning £123,000 ($ 166,000) in funds for personal use, including gambling. According to the Crown Prosecution Service (CPS), the man, Alec Gandy, pleaded guilty to abuse of … Continue reading Former NHS manager jailed for £123,000 gambling fraud
Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status Joel Loynds Suswati Basu A group of regular Kalshi users, some of whom are self-professed addicts, have filed a class-action lawsuit against the prediction market over its claims that it is not a betting platform. Alexander Hallman, Jeremy Kravetz, Daniel Greenberg, … Continue reading Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status
Governor Janet Mills allows Wabanaki Nations to launch online casino gambling despite opposition Suswati Basu Maine Governor Janet Mills announced on Thursday (January 8) that she is going to let LD 1164, a bill that gives the state’s Wabanaki Nations the right to run online casino gambling, become law. The move quickly sparked … Continue reading Governor Janet Mills allows Wabanaki Nations to launch online casino gambling despite opposition
AI models can develop ‘humanlike’ gambling addiction when given more freedom Sophie Atkinson Suswati Basu A new study looking at AI large language models (LLM) and gambling suggests that the models show the same unhealthy patterns people do, like loss chasing and the illusion of control. The research has been carried out … Continue reading AI models can develop ‘humanlike’ gambling addiction when given more freedom
Florida Gaming Control Commission intensifies illegal gambling enforcement efforts Sophie Atkinson The Florida Gaming Control Commission (FGCC) says it is doubling down on illegal gambling, as it seizes 6,725 illegal slot machines. The enforcement is a collective effort from 2025, with a total of $ 14,474,336 having been seized in actions against illegal … Continue reading Florida Gaming Control Commission intensifies illegal gambling enforcement efforts
Are gambling markets becoming entertainment first, betting second? Rachael Davies Suswati Basu With online betting on the rise in the US and the rise of entertainment-focused prediction markets, is the identity of gambling evolving? The atmosphere of gambling is changing rapidly as more innovations enter the space. Prediction markets are encroaching on … Continue reading Are gambling markets becoming entertainment first, betting second?
Finnish Gambling Act is passed, with gambling market to be opened to competition Sophie Atkinson Suswati Basu A new Gambling Act has been approved in Finland, meaning its gambling market will officially open to competition, although only partially. This major reform in the Nordic country will see the national gaming company’s (Veikkaus) … Continue reading Finnish Gambling Act is passed, with gambling market to be opened to competition
Titus urges committee to advance FAIR BET Act restoring gambling deductions Suswati Basu Rep. Dina Titus (D-Nevada) has urged the House Ways and Means Committee to advance the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR BET) Act, legislation that would restore the 100% federal tax deduction for gambling losses. Titus … Continue reading Titus urges committee to advance FAIR BET Act restoring gambling deductions
Punter who sued Betfair after almost $2 million gambling loss loses appeal Sophie Atkinson Suswati Basu Lee Gibson, a multimillionaire “problem gambler,” has lost his appeal in the Court of Appeal, after suing Betfair over losing close-to £1.5 million ($ 2 million) on gambling. Gibson claimed that the betting platform had a … Continue reading Punter who sued Betfair after almost $2 million gambling loss loses appeal
