TLDR Brazil’s federal government created the National Policy for Prevention and Combating of Sports Results Manipulation (PNPEMR) through an interministerial ordinance issued March 25, 2026 Four ministries are involved: Sports, Finance, Justice, and Public Security, showing a coordinated government-wide effort Betting operators must now have systems to detect suspicious betting patterns and report them to authorities in real time The Brazilian Federal Police gained direct authority to investigate sports fraud cases, especially those crossing state or international borders A new multi-stakeholder Steering Committee will be created under the Ministry of Sports to oversee the policy’s implementation Brazil has taken a…
Author: Maisie Morrison
TLDR Michigan regulators approved FanDuel to offer multi-state online poker with players in Pennsylvania and New Jersey starting April 1, 2026 FanDuel will operate under the PokerStars brand with MotorCity Casino as its local partner Michigan joined the Multi-State Internet Gaming Agreement in 2022 alongside five other states Michigan’s online gaming market brought in $313 million in revenue in February alone Governor Whitmer has proposed new taxes on sportsbooks and online casinos that could raise nearly $200 million per year The Michigan Gaming Control Board has approved FanDuel to offer multi-state online poker, connecting Michigan players with opponents in Pennsylvania…
TLDR Fanatics Betting and Gaming is partnering with Complex to launch a new content platform called Complex Bets The platform will focus on pop culture, prediction markets, and sports betting content aimed at younger audiences New programming includes a weekly YouTube show with celebrity guests and a social media series covering live sporting events Fanatics online casino products are excluded from the deal due to limited state availability Fanatics recently gained regulatory approval to handle customer funds directly on its prediction market platform Fanatics Betting and Gaming has teamed up with entertainment company Complex to create a new digital content…
TLDR The CFTC filed lawsuits against Illinois, Arizona, and Connecticut, claiming exclusive federal jurisdiction over prediction markets and challenging state-level crackdowns on operators like Kalshi. The NFL sent a letter to the CFTC urging prediction market operators to stop listing contracts on officiating, injuries, and other trades susceptible to manipulation. CFTC Chairman Michael Selig said the agency will likely reject injury-related prediction market contracts where players could profit from hurting opponents. The CFTC’s enforcement director warned that insider trading laws do apply to prediction markets, pushing back on claims from finance figures who said otherwise. Tribal gaming leaders used the…
TLDR Former Brazilian Finance Minister Fernando Haddad accused betting companies of running a disinformation campaign against him over tax enforcement Haddad claimed operators spent years working illegally without paying income tax before regulation took effect Industry representatives deny any orchestrated campaign against the former minister Brazil’s regulated betting market generated around R$14.45 billion for state budgets and social programs in 2025 Experts warn that policy decisions based on political narratives could destabilize the regulated market and push users toward illegal sites Brazil’s online betting industry is caught in the middle of a political dispute after former Finance Minister Fernando Haddad…
TLDR India has blocked 8,376 URLs linked to online betting and gambling as of March 28, 2026 Over 4,800 of those blocks came after the Online Gaming Act, 2025 took effect Unauthorized betting carries prison sentences of 1 to 7 years under Indian law Despite the crackdown, a survey found offshore platform usage rose from 68.3% to 82% after the ban The offshore gambling market in India is estimated to be worth at least $20 billion India’s government has blocked more than 8,376 websites connected to online betting and gambling. The Ministry of Electronics and Information Technology confirmed the figure…
TLDR The CFTC has filed lawsuits against Arizona, Connecticut, and Illinois over prediction market regulation, claiming exclusive federal jurisdiction over event contracts. The lawsuits stem from cease-and-desist orders and criminal charges those states brought against prediction market operators like Kalshi. The central legal question is whether prediction market contracts are federally regulated derivatives or state-regulated gambling products. Federal and state courts remain split on the issue, with key rulings expected in Arizona and Nevada. CFTC Chair Michael Selig has signaled a more aggressive federal stance, pledging to defend prediction market operators against state regulators. The Commodity Futures Trading Commission has…
TLDR Belgium’s total gambling GGR fell 4.86% to €1.61 billion in 2024, the first full-year decline since the Covid-19 pandemic in 2020 Land-based gambling took the biggest hit, dropping 7.59%, while online GGR dipped 2.7% Casino GGR was the lone bright spot, rising 7.32% to €638.45 million Regulatory changes including a raised gambling age to 21, bonus bans, and stricter advertising rules drove much of the decline The regulator warned it is unclear whether new rules have pushed players toward unregulated gambling sites Belgium’s regulated gambling market shrank in 2024 for the first time since the start of the Covid-19…
TLDR Sweden’s gambling regulator Spelinspektionen reported unlicensed online gambling companies to authorities on March 31, 2026 A proposed law change would make any gambling site accessible to Swedish residents illegal, replacing the old rule that required proof of targeting Unlicensed operators would need to use geo-blocking, reject Swedish addresses, postal codes, and phone numbers during registration All bank transfers, card payments, and withdrawals involving Swedish financial institutions would be blocked Operators must update contracts to exclude Swedish users and stop all marketing visible to Swedish consumers Sweden’s gambling regulator has taken a major step toward cracking down on unlicensed online…
TLDR Jamie Dimon confirmed JPMorgan Chase is exploring prediction markets but has not made a firm commitment yet The bank will not touch sports betting or political wagers due to regulatory and ethical concerns Any future product would likely focus on economic indicators and measurable business trends Insider trading risks are a major concern that would require strict controls before any launch Regulation around prediction markets remains unclear, sitting between financial trading and gambling JPMorgan Chase is looking into prediction markets, and that alone is turning heads across Wall Street and the crypto world. CEO Jamie Dimon has publicly acknowledged…