TLDR A federal judge paused Novig’s lawsuit against Massachusetts until the state’s top court rules on Kalshi’s related appeal. Novig and New Mexico jointly asked to freeze their case until August 2027, tied to a separate CFTC lawsuit against the state. Massachusetts agreed not to take enforcement action against Novig while the pause is in place. Novig has sued regulators in five states over its sports event contracts. Other companies, including Polymarket, Crypto.com, and Coinbase, have reached similar pause agreements in their own state disputes. U.S. District Judge F. Dennis Saylor IV granted a joint request from Novig and Massachusetts…
Author: Maisie Morrison
TLDR High Roller Technologies plans to launch its ROLR prediction market in the United States before the end of 2026. CEO Seth Young says regulatory approvals are complete and the technology is close to finished. Subsidiary ROLR US LLC became a National Futures Association member and registered as an introducing broker in June. Crypto.com will handle customer funds and trading infrastructure through a 24 month exclusive U.S. deal that started in April. High Roller is shifting its business strategy to make prediction markets its main growth focus. High Roller Technologies says its prediction market platform, ROLR, is on track to…
TLDR Altenar has filed a motion opposing Sportradar’s request to move their legal dispute to arbitration in Switzerland. Altenar wants the case to stay in the US District Court for New Jersey, where it was originally filed. The lawsuit claims Sportradar blocked Altenar from accessing official live sports data from leagues like the NBA, NHL, and MLB. This marks Sportradar’s second antitrust case in 2026, after a similar claim from PANDA Interactive was dismissed in April. A judge must now decide if Altenar’s claims will be heard publicly in the US or sent to private arbitration. Altenar has asked a…
TLDR GiG Software has agreed to acquire an 80% stake in 888Africa for around €16.4 million. The deal is with Evoke subsidiary VEEL, which will keep the remaining 20% stake. GiG plans to raise €8.5 million through a mix of share issuance and convertible loans. The move marks GiG’s return to the consumer betting market after years focused on B2B services. GiG expects the combined group to generate €44 to 48 million in revenue during 2026. GiG Software has agreed to buy an 80% stake in 888Africa. The deal was announced on August 26, 2026, and is valued at about…
TLDR Online sports betting among Ontario students rose from 8% to 12% since 2023 One in five students reported some type of gambling activity in the past year Gambling helpline calls are rising fastest among boys and young men Regulators fined an online casino $120,000 for letting underage users access its platform More than 80% of students say they saw an online gambling ad in the past month New research shows more teenagers in Ontario are gambling than in recent years. The data comes from the Centre for Addiction and Mental Health in Toronto. The Ontario Student Drug Use and…
TLDR Brazilian congresswoman Caroline De Toni introduced Bill No. 5,153/2026 to ban fixed-odds betting nationwide. The bill would cancel all existing federal betting licenses within 180 days of passage. Operators would get 90 extra days after that to pay out prizes and return player balances. Fines could reach R$2 billion per infraction, with criminal penalties of two to five years in prison. De Toni points to R$62.5 billion in betting losses tied to Brazilian household spending in 2025. A Brazilian congresswoman has introduced a bill that would shut down the country’s regulated online betting market. Caroline De Toni filed Bill…
TLDR Entrepreneur Rob Gough bought the World Jai Alai League on August 12 He plans to expand television and streaming deals for the sport Gough wants to add more sports betting partners beyond DraftKings Long term, he plans to sell individual teams to private owners The new season starts September 15, with bigger changes coming by February 26 Rob Gough has bought the World Jai Alai League, the last year-round professional jai alai operation in the United States. The deal closed on August 12 after Gough convinced the Havernick family, the league’s longtime owners, to sell. Gough is a 42-year-old…
TLDR PlayCity opened a tender to build a software module blocking military personnel from gambling platforms The module will link the gambling restriction register with the Ministry of Defense’s military register Testing between PlayCity and the Ministry is scheduled to finish by December 24, 2026 The system uses Trembita, Ukraine’s secure data exchange platform, to run automatic checks A recent survey found 86% of online casino players now choose licensed platforms over illegal ones Ukraine’s gambling regulator PlayCity has opened a tender for a new software module. The tool will block military personnel from accessing gambling platforms during martial law.…
TLDR ANJL has joined the “Todos Contra o Ilegal” movement against illegal betting in Brazil The campaign wants to teach the public how to spot unlicensed betting sites Former athletes like Cafu and Kelvin Oliveira are helping spread the message The movement has grown to more than 50,000 followers on Instagram Brazil keeps an official list of approved operators that consumers can check The National Association of Games and Lotteries, known as ANJL, has announced its support for a movement called “Todos Contra o Ilegal,” which means “Everyone Against Illegal Gambling.” The group joins the campaign to help fight illegal…
TLDR Sasebo’s business chamber asked the mayor to revive local casino resort plans. Japan turned down a 2023 proposal for a resort near Huis Ten Bosch theme park. The chamber’s chairman says lessons from the earlier bid could help a new effort. The mayor is open to looking at sites beyond the original location. Japan’s next application window for casino resorts runs from May to November 2027. The Sasebo Chamber of Commerce and Industry has asked the city to take another shot at building an integrated resort with a casino. The group sent a written request to Sasebo mayor Daisuke…