TLDR Nevada’s Gaming Control Board is asking a state court to hold prediction market platform Kalshi in contempt for violating a court injunction Kalshi is accused of failing to block Nevada residents from betting on sports events despite a May 18 order Regulators say Kalshi spent $190,000 on an IP-based geofencing system that doesn’t work reliably Nevada investigators were able to successfully place bets on NBA games, MLB, boxing, tennis, and a celebrity wedding through Kalshi’s app The state is seeking either full disgorgement of profits or a daily fine of $120,000 Nevada’s gaming regulators have escalated their legal fight…
Author: Maisie Morrison
TLDR The KSA formally warned Betnation operator Smart Gaming for failing to run self-exclusion checks on players between January and March 2026 A technical fault allowed at least one Cruks-registered player to gamble undetected during that period Betnation self-reported the breach, compensated affected players, and arranged support services, leading to a warning rather than a fine TOTO Online was reprimanded separately for a football club promotion that violated the Netherlands’ role-model advertising ban Operator 711 B.V. was fined €886,000 for serious responsible gambling failures across multiple player accounts The Dutch Gambling Authority, known as the KSA, issued a formal warning…
TLDR The Big 12 sued Texas Tech and Texas AG Ken Paxton in federal court on June 14 The dispute centers on QB Brendan Sorsby, who admitted to placing over 2,900 bets totaling $30,000+ The conference wants court confirmation it can discipline Texas Tech without breaking antitrust law Paxton warned the Big 12 that sanctioning Texas Tech could trigger $200 million+ in liability Oklahoma’s AG sided with the Big 12, calling Paxton’s position “facially absurd” Brendan Sorsby admitted to betting on his own team. Now his eligibility has triggered a federal lawsuit that pits a major college conference against a…
TLDR Global sports betting could reach $60 billion during the 2026 World Cup Total betting revenues expected to exceed $50 billion, per Sportradar VP Darren Small Brazil’s regulated betting market only launched in January 2025 — just 18 months before the tournament Brazil could account for roughly 10% of global betting volume, according to SOFTSWISS COO 56% of Brazilians plan to participate in prediction pools, rising to 70% among 18–24 year olds The 2026 FIFA World Cup is shaping up to be the biggest betting event in sports history. Experts are forecasting global sports wagers could hit $60 billion, driven…
TLDR Philippine police are targeting scam hubs that have re-emerged in smaller, harder-to-detect networks after the POGO ban PNP chief General Nartatez confirmed hubs are being dismantled but enforcement is ongoing Locations named include Baclaran, Binondo, Parañaque, Palawan, and Cebu At least 100 “rogue” POGOs were still operating covertly despite a December 31, 2024 shutdown deadline Agencies signed implementing rules in April 2026 to enforce the permanent POGO closure under Executive Order No. 74 Philippine police have ramped up operations against scam hubs that have returned in smaller, harder-to-track forms following the government’s ban on Philippine Offshore Gaming Operators (POGOs).…
TLDR Betr has taken the largest single position on Team USA to win the 2026 FIFA World Cup on Polymarket The bet would return around $1.776 million if the US wins The position hedges a Betr Social Casino promotion offering 10 million free spins worth $1.776 million if Team USA wins Betr recently acquired Ascent Capital Management, gaining NFA and CFTC registration Betr plans to launch its own prediction markets feature within its app later this year Jake Paul’s Betr Bets Big on Team USA at the 2026 World Cup Betr, the real-money gaming app co-founded by Jake Paul, has…
TLDR Uzbekistan has warned against illegal online betting ads appearing on social media, websites, and Telegram ahead of the 2026 FIFA World Cup Ads are using the tournament’s popularity to bypass local gambling marketing rules Article 46 of Uzbekistan’s Law on Advertising bans all gambling-related advertising Anyone involved in creating, publishing, or sharing the ads faces prosecution — anonymous accounts offer no protection The Competition Committee is actively monitoring social media and referring suspected violations to authorities Uzbekistan Warns Against Illegal Betting Ads Before the 2026 World Cup Uzbekistan’s regulators have issued a warning about illegal online betting advertisements spreading…
TLDR Las Vegas Strip casino net profits fell 81% year-over-year to $154.2 million in FY2025 Total Strip revenue dropped 4% to $21 billion, with gaming making up just 26% of that Tilman Fertitta agreed to buy Caesars Entertainment for roughly $17.6 billion including debt Barry Diller made an $18 billion offer for MGM Resorts, though neither deal is finalised Reno was one of the few Nevada markets to grow revenue, running 5.5% ahead of last year’s pace Las Vegas Strip casinos made far less money in fiscal year 2025 than the year before, according to a new report from Nevada’s…
TLDR Singapore police arrested 11 people aged 17–23 in raids between June 4–11, 2026 Suspects allegedly helped illegal online gambling syndicates access unlicensed betting accounts Seven suspects handed over their own bank accounts to gambling networks Agents involved in illegal betting face fines up to S$200,000 and up to 7 years in jail Police urged the public to report illegal betting sites and seek help from the National Council on Problem Gambling Singapore police have arrested 11 people, including teenagers, on suspicion of involvement in illegal online gambling operations. The suspects range in age from 17 to 23 and were…
TLDR Polymarket becomes the official prediction market partner of Liga MX in the United States, beginning with the 2026-27 season. The partnership includes access to key events like the Campeón de Campeones game on July 25, 2026, in Carson, California. Genius Sports will supply official data, streaming, and integrity services to power and settle the prediction markets. All three parties say using official data is central to building transparent and trustworthy prediction markets for fans. This deal follows a growing trend of sports leagues partnering with prediction market platforms to drive fan engagement. Liga MX, one of the most-watched football…