TLDR The CFTC asked for public input on prediction market rules and most comments so far have been critical U.S. Senators, lawyers, and academics argue prediction markets resemble gambling more than financial tools Retail comments surged from 19 to over 750 after early April, with strong anti-gambling sentiment Many submissions warn about manipulation, insider trading, and risks tied to political or military contracts A large portion of retail comments used identical wording, linked to advocacy group More Perfect Union The Commodity Futures Trading Commission is getting an earful from the public over its proposed prediction market rules. And most of…
Author: Maisie Morrison
TLDR The Premier League’s gambling shirt sponsorship ban could leave up to nine clubs without a main sponsor for the 2026/27 season Non-gambling replacement deals are coming in at roughly half the value of previous gambling contracts The collective revenue loss across clubs could reach £80 million next season Financial services firms like CMC Markets are emerging as potential replacements for gambling sponsors Top six clubs remain largely unaffected while mid-table and lower-tier teams face the biggest financial hit The Premier League is heading into next season with a growing financial problem. A ban on front-of-shirt gambling sponsorships is set…
TLDR Sportradar flagged 1,116 suspicious matches in 2025 across 94 countries and 12 sports, less than 0.5% of over one million monitored events Match-fixing has shifted from rigging outcomes to manipulating in-game events like corners and fouls, making detection harder Live betting markets account for 77% of all match-fixing cases Football leads with 618 suspicious matches, followed by basketball, tennis, and table tennis Fraud activity is declining in Europe and South America but rising in Asia and Africa Match-fixing cases fell in volume during 2025, but the methods behind them have become harder to spot. According to data from Sportradar,…
TLDR The Netherlands Gambling Authority (KSA) released new guidance on how operators should handle problem gambling interventions after gathering feedback from license holders throughout 2025 Operators told regulators that problem gamblers often ignore calls and delete warning emails, making interventions difficult The KSA published a detailed manual covering when to intervene, which contact methods to use, and what staff should say during conversations with at-risk players New guidance clarifies the timeline and evidence needed for reporting players who refuse to join the Cruks self-exclusion system The KSA also warned licensed sportsbooks to remove illegal betting markets, including bets on subjective…
TLDR A federal court in Washington, D.C. dismissed lawsuits filed against DraftKings, FanDuel, and Caesars Sportsbook A Florida-based company tried to use a 1710 British law called the Statute of Anne to demand millions from betting operators The law allowed third parties to sue gambling winners for triple the losses of individual bettors D.C. lawmakers closed the legal loophole by passing the Budget Support Act for 2026 Flutter Entertainment, which owns FanDuel, has seen its stock price drop more than 50% since the start of the year A federal court in Washington, D.C. has thrown out a series of lawsuits…
TLDR A Nevada judge extended the ban on Kalshi and signaled he will grant a preliminary injunction against the prediction market platform The court ruled Kalshi’s event contracts are “indistinguishable” from sports betting under Nevada law Kalshi must implement geofencing technology to block Nevada users by May 4 The ban covers not just sports contracts but also election and entertainment-based contracts Nevada has now received favorable rulings against Kalshi, Polymarket, Robinhood, Crypto.com, and Coinbase A Nevada state judge has extended the ban on prediction market platform Kalshi and indicated he plans to issue a preliminary injunction. The ruling makes Nevada…
TLDR LaLiga has partnered with Polymarket, making it the first European football league to team up with a prediction markets platform Polymarket becomes LaLiga’s official and exclusive prediction market partner in the United States and Canada The deal includes broadcast visibility, digital content creation, VIP matchdays, and virtual meet-and-greets with league legends The partnership targets younger, multicultural sports fans in North America as part of LaLiga’s international growth strategy Both parties will use a sports integrity platform built with Palantir Technologies and TWG AI to ensure responsible fan engagement LaLiga has officially partnered with Polymarket, the blockchain-based prediction markets platform.…
TLDR Illegal offshore betting sites passed zero identity checks, accepting fake names like “Red Rum” and a 6-year-old living at Buckingham Palace Brands like MyStake, Velobet, and Cosmobet are openly advertising despite operating without UK licenses Social media influencers and tipster accounts are funneling users toward unregulated offshore bookmakers Common payment methods like bank cards and digital wallets make it easy for users to shift from legal to illegal sites Illegal operators now account for roughly 9% of the UK gambling market, threatening government tax revenue plans The UK’s illegal gambling market is growing, and regulators are struggling to slow…
TLDR Sportradar flagged 1,116 suspicious matches in 2025 across 94 countries and 12 sports, less than 0.5% of over one million monitored events Match-fixing has shifted from rigging game outcomes to manipulating in-game events like corners and fouls Live betting markets account for 77% of all detected match-fixing cases Football leads with 618 suspicious matches, followed by basketball, tennis, and table tennis Fraud activity is moving from Europe and South America toward Asia and Africa The total number of matches showing signs of match-fixing dropped in 2025, but experts warn the problem is not going away. Instead, it is evolving…
TLDR MLB signed a sponsorship deal with Polymarket reportedly worth $150-300 million over three years Sportsbooks like FanDuel and DraftKings are paying extra to expand their category definitions and block prediction market rivals The NFL sports betting category is open for the first time since 2021 after FanDuel and DraftKings walked away from increased data costs The sports betting sponsorship market has shifted to a buyer’s market, with teams struggling to fill partner slots Prediction market team-level deals are expected to follow once leagues finalize their own agreements The battle for sports sponsorship dollars is heating up between traditional sportsbooks…