Author: Maisie Morrison

TLDR A viral post claims gambling influencer SteveWillDoIt lost $4.37 million on 10 World Cup bets totaling $4.71 million. He reportedly won only one of the 10 wagers, a bet on Argentina and England both scoring. The figures have not been independently confirmed through public betting records. Steve has long partnerships with online casino brands Stake and Roobet. The post has reignited criticism over transparency in gambling influencer sponsorship deals. A social media post claiming that gambling influencer SteveWillDoIt lost $4.37 million during the World Cup has spread quickly online. The post says he placed 10 bets worth a combined…

TLDR Liechtenstein casino revenue dropped 59% in 2025, falling to CHF57.3 million New Swiss self-exclusion rules blocked around 10,000 regular players from local casinos Casino tax income fell 63% to CHF20.3 million for the government Two casinos closed and only four venues remain open as of July 2026 Industry leaders call the current market conditions unsustainable Liechtenstein’s casino industry recorded its worst year on file in 2025. Gross gaming revenue across the country fell to CHF57.3 million, down from CHF140.8 million the year before. That is a drop of 59%. It erased CHF83.5 million in revenue in a single year.…

TLDR Gambling.com Group has changed its corporate name to Grandstand Limited. The company began trading under the new ticker symbol GRSD on July 23. The consumer website Gambling.com will keep running under its original name. Grandstand now owns brands including OddsJam, RotoWire, Casinos.com and WhichBingo. Shareholders do not need to take any action; the stock listing and CUSIP number stay the same. Gambling.com Group has changed its name. Starting July 23, the Nasdaq-listed company trades as Grandstand Limited under the ticker GRSD. The switch is not just a new logo. The company has spent years growing past its original business…

TLDR South Korea’s Financial Intelligence Unit is considering rules that would require casinos to record details on all patrons, even small bettors. The current reporting threshold is KRW10 million, but the new proposal could lower it to just KRW1,000. Kangwon Land, the only casino open to Korean citizens, warns the change could cut its gross gaming revenue by nearly 20%. The amendments still need approval from the National Assembly and had not been formally submitted as of the report. Local communities near Kangwon Land fear a drop in casino-funded development contributions and dividends. South Korea’s Financial Intelligence Unit is looking…

TLDR DraftKings and FanDuel filed motions to dismiss a lawsuit from two Philadelphia men who say the apps caused their gambling addictions. The sportsbooks argue Pennsylvania’s product liability law does not apply to free mobile apps. Plaintiffs Christopher Sage and Terry Thompson claim the companies pushed customers toward addictive “microbetting” features. Thompson placed about $23 million in bets and lost close to $1.9 million; Sage lost more than $170,000. The NFL and Genius Sports also filed motions arguing they should not be part of the case. DraftKings and FanDuel want a Philadelphia court to throw out a lawsuit accusing them…

TLDR A new bill in the Dominican Republic Senate aims to modernize gambling regulations across the country. The bill covers lottery agencies, sports betting shops, bingo halls, and electronic lottery sales points. It sets minimum distance rules between gambling venues and schools, hospitals, churches, and government buildings. Sports betting shops face the strictest distance rule at 500 meters from sensitive locations. The bill now moves to the Senate floor for debate before any vote on approval. Lawmakers in the Dominican Republic have introduced a new bill aimed at updating rules for the gambling industry. The proposal was submitted to the…

TLDR Media Troopers reported strong early results after Alberta’s regulated online gambling market opened. Alberta launched its market on July 13, becoming Canada’s second province with a competitive online gambling framework. The company ran campaigns for six partner operators in the first week and saw higher engagement. Media Troopers is onboarding nine more operator partners as part of its expansion plans. CEO Shmulik Segal pointed to Ontario’s growth as a sign of Alberta’s long-term potential. Media Troopers has shared early results from Alberta’s new regulated online gambling market. The company said the first week of operations showed strong engagement. Alberta…

TLDR Mauritius will fully repeal its hotel casino licence category under the 2026/27 budget. The digital games regime, launched in 2025, will now include limited payout machine operators. Casinos and Gaming Houses must connect their servers to the Mauritius Revenue Authority’s monitoring system. Bookmakers can now operate up to five betting terminals, up from three. The changes follow an anti-money laundering bill passed by the Assembly in April 2026. Mauritius is making changes to how it regulates gambling on the island. The 2026/27 budget removes an entire licence category and adds new tax oversight for casinos. The changes are laid…

TLDR The Wisconsin Elections Commission says trading election prediction contracts may count as an illegal bet under state law. Voters who trade on platforms like Kalshi and Polymarket could be barred from voting in that same election. Wisconsin Statute § 6.03(2) disqualifies voters who make a bet tied to an election outcome. Kalshi and Polymarket reject the Commission’s interpretation and call it dangerous to democracy. Wisconsin is fighting prediction markets on several legal fronts, including a lawsuit and a tribal gaming dispute. The Wisconsin Elections Commission has issued a warning to residents who trade election prediction contracts. The Commission says…

TLDR Kalshi spent $990,000 on direct lobbying in the first half of 2026, pushing its total federal advocacy costs near $1.8 million. The American Gaming Association spent $1.39 million lobbying against prediction markets so far this year. Polymarket spent far less than Kalshi, reporting $180,000 in lobbying costs during the same period. Lawmakers are raising concerns after insider trading questions tied to political and military event contracts. The Commodity Futures Trading Commission is reviewing a proposed rule on prediction markets and taking public comments. Kalshi and Polymarket are spending more money to influence lawmakers in Washington. The fight is over…