Author: Maisie Morrison

TLDR The Isle of Man wants to fine individual gambling executives, not just companies, for compliance failures The proposed Gambling Legislation (Amendment) Bill 2025 targets directors, compliance officers, and key personnel Penalties would apply when breaches occur through consent, connivance, or negligence The move follows a £200,000 fine issued to Shelgeyr, owner of Maverick Games, for due diligence failures Public consultation on the proposals is open until May 25, 2026 The Isle of Man is considering a major change to how it regulates its gambling industry. The island’s Gambling Supervision Commission wants the power to fine individual executives, not just…

TLDR Senators Adam Schiff and John Curtis introduced the Prediction Markets Are Gambling Act to ban sports and casino-style contracts on platforms like Kalshi and Polymarket The bill would bar any CFTC-registered company from listing contracts tied to athletic competitions or casino games The legislation does not seek to shut down prediction platforms entirely but aims to restrict sports-related wagers This is the latest in a wave of congressional bills targeting prediction markets in 2026, including the BETS OFF Act Other senators are pushing separate proposals covering age checks, advertising limits, and bans on elected officials using prediction markets A…

TLDR Nevada issued a temporary restraining order forcing Kalshi to stop offering sports, election, and entertainment contracts in the state The Nevada Gaming Control Board says Kalshi is operating without a gaming license and its contracts count as illegal wagering Kalshi has complied with the order but says it disagrees and will fight the restrictions in court The TRO lasts at least 14 days with a hearing set for April 3 to decide what happens next Kalshi faces growing legal pressure from multiple states including Arizona criminal charges and a federal class-action lawsuit in Georgia Kalshi, the prediction markets platform,…

TLDR Panama’s National Assembly approved Bill 403 to tighten gambling regulations across physical and online platforms Gambling operators must contribute 10% of profits to a mental health fund for problem gambling treatment Digital platforms now required to use biometric verification to prevent underage gambling Gambling advertising banned across traditional media, social platforms, sports, and by influencers The law still needs presidential approval before taking effect Panama’s National Assembly has approved a new law that will reshape how gambling is regulated in the country. Bill 403 introduces strict rules for both land-based and online gambling operators. The bill was proposed by…

TLDR Senators Adam Schiff and John Curtis introduced the Prediction Markets Act on Monday to regulate online prediction markets The bill aims to stop prediction platforms from offering sports bets without state licenses by bypassing CFTC oversight CFTC Chair Mike Selig had relaxed rules, allowing real-money bets in all 50 states without state licensing or local taxes State leaders including Utah Governor Spencer Cox and tribal gaming groups support the bill The legislation would ban any prediction contract that resembles a sports wager and preserve state control over gambling Two U.S. senators from opposite sides of the aisle introduced a…

TLDR Polymarket opened a pop-up bar called “The Situation Room” in Washington DC from March 20-22 PR firm Global Situation Room sent a cease and desist letter claiming trademark infringement Anti-prediction market group Gambling is Not Investing parked a billboard truck outside the bar Polymarket reportedly requested a meeting with GSR’s lawyers but then went silent The pop-up bar’s TVs were not working on Friday night, causing attendees to leave early Polymarket launched a pop-up bar in Washington DC last weekend and immediately ran into legal trouble. The prediction market platform called the temporary venue “The Situation Room,” which drew…

TLDR The NCAA filed a federal lawsuit against DraftKings for using “March Madness” and other registered trademarks without permission on its sports betting app. The NCAA is seeking a temporary restraining order before the Sweet 16 games begin next week, plus triple damages or triple profits. DraftKings responded by claiming its use of “March Madness” is protected under fair use and the First Amendment. The NCAA has refused partnerships with sportsbooks, unlike the NBA, NFL, NHL, and MLB, and wants states to ban certain college game wagers. Other sportsbooks like BetMGM were also using the term, while FanDuel quietly changed…

TLDR Philippine Senator Joel Villanueva filed Senate Bill No. 1983 to update the country’s anti-money laundering laws The bill would bring online gaming operators, virtual asset service providers, lawyers, and accountants under stricter AML oversight The Anti-Money Laundering Council would gain new powers including transaction suspensions, administrative freezes, and subpoenas Stronger customer due diligence and reporting requirements are included in the proposed legislation The bill is in its early stages and will go through the standard legislative process before any approval The Philippines could soon tighten its grip on money laundering in the digital space. Senator Joel Villanueva has filed…

TLDR Brazil’s Vice President Geraldo Alckmin announced plans for stricter controls on online betting platforms The retail sector claims online betting is hurting consumer spending and the broader economy The Brazilian Association of Supermarkets launched a campaign in 2025 pushing for tighter betting regulations The National Association of Games and Lotteries is suing the supermarket association over what it calls defamatory claims Government data shows 53.4% of Brazilian bettors spend R$50 or less per month on betting Brazil’s Vice President Geraldo Alckmin said the government will move to tighten regulations on online betting platforms. The announcement came during a meeting…

TLDR India blocked around 300 more illegal betting websites and apps under its Online Gaming Act The total number of blocked gambling and betting platforms has now reached about 8,400 Roughly 4,900 of those blocks came after the Online Gaming Act was passed Authorities are focused on consumer protection and stopping money flowing through illegal channels The government is using both technology and legal tools to shut down unlicensed betting operations India has blocked around 300 more illegal betting websites and mobile applications as part of its ongoing enforcement of the Online Gaming Act. The move is the latest in…