TLDR Predictive AI tools are being used to spot gambling harm early by tracking betting patterns and session lengths Online fraudsters are using deepfakes and bots to beat identity checks, with machine learning fighting back Smart tables with cameras and chipped games now log every bet live on casino floors Regulators want clear explanations for AI decisions, rejecting “black box” outputs that affect players Privacy concerns are pushing casinos toward anonymised data use and “privacy by design” frameworks Industry experts at the Regulating the Game 2026 conference in Sydney said artificial intelligence is already changing how casinos and online gambling…
Author: Maisie Morrison
TLDR Underdog acquired Aristotle Exchange, gaining a CFTC-regulated exchange and clearinghouse The deal lets Underdog list and manage event contracts directly, without third-party partners Underdog previously exited sports betting, shutting down in North Carolina and pulling out of Missouri The company laid off over 125 employees (20%+ of staff) as part of its strategic shift PredictIt was not part of the acquisition and will continue operating as normal Underdog has acquired Aristotle Exchange, a platform regulated by the Commodity Futures Trading Commission. The deal gives Underdog direct control of a licensed derivatives exchange and clearinghouse. Before this acquisition, Underdog offered…
TLDR Investigate Europe tested leading AI chatbots across 10 European countries over two weeks MetaAI recommended unlicensed casinos in 27 of 30 prompts; Gemini in 26; ChatGPT in 22 Chatbots advised users on bypassing self-exclusion schemes like the UK’s Gamstop One chatbot called “no-ID casinos” the “Holy Grail” and promoted crypto casinos for anonymity Regulators, charities, and an EU Parliament member have raised concerns about the findings An investigation by Investigate Europe found that popular AI chatbots are regularly directing users to unlicensed online casinos across Europe. The probe tested several leading AI models over two weeks using prompts about…
TLDR Kalshi is seeking a $20 billion valuation, up from $2 billion in June 2025 Women now make up 26% of users, up from 13% ten months ago The platform is expanding beyond sports into politics, economics, and pop culture Sports still account for roughly 65% of trading volume in 2026 Regulators and Congress are pushing back on certain Kalshi markets Kalshi, a U.S.-based prediction market platform, is in talks to raise funds at a valuation of around $20 billion. That figure is a major jump from the $2 billion valuation it held in June 2025 and the $11 billion…
TLDR President Lula called for a ban on online betting during an International Women’s Day address Industry leaders called the comments “disrespectful” and warned of a black market surge Lula’s own government regulated online betting in December 2023, launching January 2025 Legal experts say a ban would require new legislation and broad political support The Women in Gaming association criticized both the timing and substance of the remarks Brazil’s President Luiz Inácio Lula da Silva has sparked a backlash from the licensed gambling industry after calling for a nationwide ban on online betting. Lula made the comments during a televised…
TLDR Jalen Smith pleaded guilty to recruiting college players to shave points, paying them $10,000–$30,000 per game The scheme covered 39+ players across 17 NCAA teams and affected over 29 games between 2022 and 2025 Fixers targeted low-NIL players and often focused on first-half spreads to avoid affecting final scores The operation started in the Chinese Basketball Association before moving to NCAA basketball Five co-conspirators have been named, with links to a separate NBA illegal gambling investigation Jalen Smith pleaded guilty in federal court on March 9 to his role as a fixer in one of the largest point-shaving schemes…
TLDR The Dutch Gaming Authority (KSA) fined Novatech €24,846,000 and Fortaprime SRL €1,795,000 for running unlicensed gambling sites targeting Dutch players Both operators failed to block Dutch traffic, ignored age verification rules, and allowed crypto payments Dutch law caps fines at 10% of global turnover, limiting what regulators could actually charge KSA chair Michel Groothuizen said the fine should have exceeded €100 million without the legal cap The KSA is now targeting payment providers, web hosts, and social media influencers who promoted these illegal sites The Dutch Gaming Authority (KSA) has handed out its largest fines ever against two unlicensed…