TLDR Minnesota Legislature passed SF 4760, a public safety bill that includes a ban on prediction markets Operators, facilitators, payment providers, and advertisers face felony charges under the new law The ban covers wagers on elections, sports, weather, public health crises, wars, and more The CFTC may sue Minnesota, as it has already sued five other states over prediction market jurisdiction The provisions take effect Aug. 1, 2026, if signed into law Minnesota lawmakers have approved a sweeping public safety bill that includes a ban on prediction markets, making operators and facilitators subject to felony penalties. The bill, SF 4760,…
Author: Maisie Morrison
TLDR Catena Media reported Q1 2026 revenue of €12.3 million, beating estimates by 4.2% and growing 25.5% year-over-year Adjusted EBITDA surged 191% YoY to €2.7 million with margins hitting 22%, up from 9% a year ago Despite the earnings beat, Catena Media stock fell 25% to SEK 2.54 following the release A December Google algorithm update caused ranking pressure and a sequential revenue dip from Q4 The company is eyeing Alberta’s regulated gambling market opening on July 13 as its next growth driver Catena Media delivered a Q1 2026 earnings beat across all major metrics, but its stock sold off…
TLDR A federal judge issued a preliminary injunction stopping Arizona from applying its gambling laws to prediction markets The ruling came after Arizona filed criminal charges against Kalshi, a CFTC-regulated prediction market platform The court found that federal law preempts state authority over event contracts traded on registered markets The decision is part of a broader legal fight, with the CFTC suing multiple states to defend its jurisdiction Courts in other states have split on the issue, with appeals expected to continue The legal battle between state gambling regulators and the federal government over prediction markets just hit another turning…
TLDR The AGA’s State of the States 2026 report groups prediction markets with illegal gambling operations and sweepstakes casinos 81% of gaming executives surveyed view prediction markets as a major threat to regulated gaming DraftKings, FanDuel, Fanatics, and Bet365 have all left the AGA over the past year 16 states took action against sports event contracts in 2025, including lawsuits and cease-and-desist orders The CFTC has filed lawsuits against multiple states, arguing it has exclusive jurisdiction over event contracts The American Gaming Association is stepping up its campaign against sports prediction markets. The trade group’s latest reports paint event contracts…
TLDR Oklahoma Gov. Kevin Stitt vetoed SB 1589, a bill that would have banned sweepstakes casinos and created new felony penalties Stitt called the bill too broad, saying it could criminalize everyday apps and discourage business investment The Oklahoma Legislature may attempt a veto override, but the House vote fell three short of the required two-thirds majority Louisiana lawmakers passed HB 883 unanimously in both chambers, targeting dual-currency online gambling operations Louisiana previously passed HB 53, but Gov. Jeff Landry vetoed a similar sweepstakes ban last year, leaving both bills’ futures uncertain Two major state-level battles over sweepstakes casinos took…
TLDR Australia will ban online keno and restrict gambling ads during live sport from January 2027 Wagering ads will be banned from sports venues, uniforms, and during school drop-off and pick-up times on radio Online platforms must verify users are signed in, over 18, and given an opt-out before showing gambling ads The ACMA will get stronger powers to block illegal gambling sites, with the black market projected to hit A$5 billion by 2029 Critics including senators and independent MPs have called the reforms “cowardly,” “terrible,” and “pathetic” The Australian government has unveiled a package of gambling reforms set to…
TLDR France’s ANJ launched a new algorithm to measure revenue tied to excessive gambling behavior The tool flagged 600,000 high-risk players in H2 2025, making up 8.7% of all registered accounts Those players generated €1.2 billion in gross gaming revenue, or 60% of the total Operators reported only 89,000 excessive players between 2024–2025, far below the algorithm’s 600,000 figure The ANJ is pushing operators to act on the 300,000 players deemed “clearly excessive” France’s gambling regulator, the Autorité Nationale des Jeux, has released data from a new algorithm that puts hard numbers on the link between problem gambling and operator…
TLDR Luckia is the first sports betting operator to run advertising campaigns on TikTok in Spain The campaign launched in late April 2026 through a partnership with media agency Performics Months of work with TikTok were needed to confirm sports betting ads were even allowed in Spain The move is part of Luckia’s international expansion strategy to reach global audiences Spain’s strict gambling advertising regulations made the campaign a complex process to execute Luckia has become the first sports betting company in Spain to launch an advertising campaign on TikTok. The operator worked with media agency Performics, which is part…
TLDR Five Democratic lawmakers sent a letter to 12 CEOs of sportsbooks and prediction markets over concerns about targeting young adults aged 18-24 Kalshi was called out for a TikTok ad where a user claimed to earn two years’ rent from trading on the platform An Ipsos poll found young men aged 18-24 are twice as likely as others to use sports betting or prediction market apps The lawmakers labeled industry efforts to address concerns as “insufficient” and “reactive” and requested answers to 12 questions by May 29 The SAFE Bet Act, which would impose federal regulations on sports betting…
TLDR Resorts World NYC’s new table games earned roughly $4.9 million in gross gaming revenue over six days, less than half of Maybank’s forecast The casino’s 242 table games averaged about $3,400 per table per day versus the projected $7,500 Slot machine revenue jumped approximately 20.5% year-on-year to $23.5 million, beating expectations Total gross gaming revenue at Resorts World NYC rose 46.1% compared to the same period last year Maybank kept its BUY rating on Genting Malaysia, expecting table game revenue to ramp up over time Resorts World New York City posted weaker-than-expected table game numbers during its first week…