TLDR DraftKings launched DK Replay on March 25 in Oregon, letting users bet on historical MLB plate appearances through the Sportsbook app. Each matchup is anonymized with bronze, silver, or gold player ratings based on real stats like batting average and ERA. Users bet within a pitch clock window on whether the next pitch will be a ball, strike, or in-play, with historical results determining the outcome. The product is part of DraftKings’ broader “Super App” strategy to combine sports betting, casino, prediction markets, and lottery in one platform. DraftKings is exploring expansion to other states, but rollout depends on…
Author: Maisie Morrison
TLDR Rep. Budzinski and Rep. Smith introduced the PREDICT Act on March 25 to ban federal officials from trading on political prediction markets The ban covers Congress members, the President, Vice President, senior appointees, judicial officers, and their families Proxy trading through fiduciaries is also prohibited under the bill Violators face a 10% civil penalty on trade value plus full profit surrender, all paid to the U.S. Treasury Ethics offices must publish all fines and penalty details on a public website A new bipartisan bill introduced this week would ban a wide range of federal officials from trading on prediction…
TLDR South Africa issued 3,135 gambling licenses in 2024/2025, slightly down from 3,174 the previous year Most licenses went to limited payout machine sites and bookmakers across provincial boards Gauteng led with 753 licenses, followed by KwaZulu-Natal (596) and Western Cape (549) Police recorded 32,938 illegal gambling cases over five years but only 36 were online Lawmakers are calling for stronger coordination between national and provincial regulators South Africa’s gambling industry is facing renewed scrutiny after parliamentary data revealed that more than 3,000 licenses are being approved each year. The figures came from a written reply to Rise Mzansi MP…
TLDR A Pennsylvania lawsuit accuses DraftKings, FanDuel, and the NFL of designing microbetting products that drive gambling addiction The complaint compares microbetting speed and frequency to slot machines, calling the apps a “relentless, always-on addiction-amplifying machine” Two plaintiffs claim they nearly lost everything after transitioning to mobile sportsbook apps Genius Sports earned $126.1 million in 2025 from live in-game microbetting commissions Multiple states are now moving to ban or restrict microbetting and certain prop bets A new lawsuit filed in Pennsylvania accuses DraftKings, FanDuel, the NFL, and Genius Sports of designing online sports betting platforms that intentionally drive users toward…
TLDR The Isle of Man wants to fine individual gambling executives, not just companies, for compliance failures The proposed bill would let regulators penalize directors and compliance officers for breaches due to their consent, negligence, or connivance New powers would allow the regulator to issue formal directives, suspend operations, or revoke licenses The Gambling Supervision Commission recently fined Maverick Games operator Shelgeyr £200,000 for due diligence failures Public consultation on the personal accountability measures runs from 23-25 May 2026 The Isle of Man is moving to hold individual gambling executives personally responsible for compliance failures under a proposed amendment to…
TLDR Romania’s gambling regulator ONJN uncovered a licensed affiliate secretly redirecting players to illegal offshore gambling platforms using IP-based targeting The affiliate used a covert system that detected Romanian users and served them tailored links to unlicensed operators with fully localized sites The promoted platform NV Casino shares similarities with Novatech Solutions N.V. Casino, which was fined nearly €25 million by Dutch authorities ONJN has referred the case to Romania’s organized crime directorate for full criminal investigation Romania is also raising the legal gambling age from 18 to 21 and pushing strict limits on gambling advertising Romania’s national gambling regulator…
TLDR Around eight million deepfakes were shared in the UK last year, nearly four times the 2023 figure Gambling sector fraud rose 73% between 2022 and 2024, with deepfakes used to bypass identity checks UK law enforcement was found “inadequately equipped” to handle AI-fuelled fraud in a 2025 report Meta’s own data showed roughly $16 billion in 2024 revenue came from ads on scams and banned goods New UK legislation to regulate deepfakes under the Online Safety Act is underway but key powers on scam ads are delayed until at least 2027 The UK is facing a rapid rise in…
TLDR Brazil’s President Lula signed Law No. 15,358/2025, creating a legal framework to combat illegal betting and organized crime The Central Bank and Ministério da Fazenda can now order banks to block accounts tied to unauthorized betting operators Financial institutions must join fraud information-sharing systems to flag illegal operators New rules will regulate Pix transactions to prevent their use by illegal betting platforms Fines, license suspensions, and criminal penalties await entities that work with unauthorized operators Brazil has taken a direct step against illegal betting with the signing of a new law that gives financial regulators the power to block…
TLDR CASPR launched “Life Savings,” a new initiative targeting online gambling addiction with model legislation, 50-state scorecards, and revenue outflow calculations Co-founder Nicholas Reville argues the gambling industry pushes only post-addiction policies like hotlines, while blocking reforms that would actually prevent addiction CASPR’s model legislation proposes a duty to intervene, a credit card ban, raising the gambling age to 25, and automatic timeouts for problem behavior Anecdotal evidence suggests GLP-1 drugs (like Ozempic) may reduce gambling cravings, though formal trials for gambling disorder haven’t started yet Reville says prediction markets like Kalshi are exploiting a loophole to offer sports betting…
TLDR Macau Legend Development expects a full-year 2025 loss of nearly HKD1.57 billion (US$200 million), up from HKD623 million in 2024. A HKD1.18 billion impairment charge on property and assets at Fisherman’s Wharf drove most of the wider loss. The Legend Palace casino shut down on November 12, 2025, after SJM Holdings did not renew its service agreement. The company set aside HKD71 million for employee compensation tied to the casino closure. Macau Legend raised HKD93 million through a rights issue earlier this year to shore up working capital. Macau Legend Development Ltd is staring down a projected loss of…