TLDR Piia Schults, a 30-year veteran adviser at Estonia’s parliament, was fired after a drafting error in the Gambling Tax Act The mistake, passed in December, accidentally removed online casino taxation for 2026 Estonia now faces a €4 million revenue gap because of the error Schults plans to sue, calling her dismissal unjust and saying false claims led to her firing Riigikogu Chancellery Director Antero Habicht called the dismissal “unavoidable and necessary” A longtime parliamentary adviser in Estonia is preparing to take legal action after being fired over a mistake in the country’s Gambling Tax Act. Piia Schults served the…
Author: Maisie Morrison
TLDR New Jersey’s Senate committee advanced SB 2160 on March 23, which would ban micro bets on the next play or action in a sporting event Sponsors Senator Moriarty and Senator Diegnan say micro bets raise integrity and addiction risks due to their speed and structure Violations would be treated as a disorderly persons offense with fines between $500 and $1,000 per offense DraftKings reported live betting made up over half its handle during its Q1 2025 earnings call MLB has already introduced nationwide limits on pitch-level wagers, capping bet sizes at $200 A New Jersey Senate committee voted on…
TLDR Bet365 has left the American Gaming Association, following DraftKings, FanDuel, and Fanatics out the door All four departures stem from disagreements over the AGA’s opposition to prediction markets Bet365 cited the AGA’s focus on the retail casino industry as the reason for leaving DraftKings, FanDuel, and Fanatics have already launched their own prediction market platforms The AGA is doubling down on its support for tribal, land-based, and state-regulated gaming Bet365 has become the latest major sports betting operator to leave the American Gaming Association. The UK-based company confirmed its departure in a statement to Gambling Insider, pointing to a…
TLDR A Nevada judge issued a 14-day restraining order blocking prediction market Kalshi from operating in the state without a gaming license A federal appeals court rejected Kalshi’s emergency request and handed jurisdiction back to Nevada courts Arizona’s Attorney General criminally charged Kalshi with running an illegal gambling operation earlier this week The CFTC chairman argues federal authority overrides state gambling laws and vows to fight state-level actions Major League Baseball signed an agreement with the CFTC and partnered with rival prediction market Polymarket Prediction market Kalshi is facing legal trouble in multiple states after a Nevada judge issued a…
TLDR Maryland House passed HB 295 to ban sweepstakes casinos, voting 105-24 to send it to the Senate The bill makes operating online “interactive games” that simulate casino-style gaming a criminal offense Violators face fines between $10,000 and $100,000 and up to three years in prison A second bill, HB 1226, faced a tight March 23 crossover deadline to also reach the Senate Maryland could join Indiana and six other states that have passed sweepstakes casino bans in the past year The Maryland House of Delegates has passed a bill that would ban sweepstakes casinos in the state. House Bill…
TLDR Prediction markets are growing fast in the U.S., with platforms like Truth Predict, Kalshi, and Polymarket pushing billions in annual volume Trump Media announced Truth Predict, a blockchain-based platform on Cronos, expected to launch in Q2 2026 with Truth Social integration Regulators are clashing with platforms — Nevada and Arizona have moved against Kalshi, while Argentina and Singapore have banned Polymarket Traditional betting operators like DraftKings and Bet365 are experimenting with prediction-style features The CFTC is treating some event contracts as financial products rather than gambling, creating a regulatory gray area The line between betting and trading is getting…
TLDR The Isle of Man wants to fine individual gambling executives, not just companies, for compliance failures The proposed Gambling Legislation (Amendment) Bill 2025 targets directors, compliance officers, and key personnel Penalties would apply when breaches occur through consent, connivance, or negligence The move follows a £200,000 fine issued to Shelgeyr, owner of Maverick Games, for due diligence failures Public consultation on the proposals is open until May 25, 2026 The Isle of Man is considering a major change to how it regulates its gambling industry. The island’s Gambling Supervision Commission wants the power to fine individual executives, not just…
TLDR Senators Adam Schiff and John Curtis introduced the Prediction Markets Are Gambling Act to ban sports and casino-style contracts on platforms like Kalshi and Polymarket The bill would bar any CFTC-registered company from listing contracts tied to athletic competitions or casino games The legislation does not seek to shut down prediction platforms entirely but aims to restrict sports-related wagers This is the latest in a wave of congressional bills targeting prediction markets in 2026, including the BETS OFF Act Other senators are pushing separate proposals covering age checks, advertising limits, and bans on elected officials using prediction markets A…
TLDR Nevada issued a temporary restraining order forcing Kalshi to stop offering sports, election, and entertainment contracts in the state The Nevada Gaming Control Board says Kalshi is operating without a gaming license and its contracts count as illegal wagering Kalshi has complied with the order but says it disagrees and will fight the restrictions in court The TRO lasts at least 14 days with a hearing set for April 3 to decide what happens next Kalshi faces growing legal pressure from multiple states including Arizona criminal charges and a federal class-action lawsuit in Georgia Kalshi, the prediction markets platform,…
TLDR Panama’s National Assembly approved Bill 403 to tighten gambling regulations across physical and online platforms Gambling operators must contribute 10% of profits to a mental health fund for problem gambling treatment Digital platforms now required to use biometric verification to prevent underage gambling Gambling advertising banned across traditional media, social platforms, sports, and by influencers The law still needs presidential approval before taking effect Panama’s National Assembly has approved a new law that will reshape how gambling is regulated in the country. Bill 403 introduces strict rules for both land-based and online gambling operators. The bill was proposed by…