TLDR Syria’s Ministry of Communications and Information Technology has begun blocking online gambling and betting websites A government committee is reviewing platforms targeting Syrian users while restrictions are in place Unemployment in Syria has climbed above 60%, with poverty affecting 90% of the population Syrian law already prohibits gambling but enforcement is difficult as most operators are based abroad Authorities have also asked social media companies to remove gambling advertisements targeting Syrian users Syria’s government has started blocking online gambling websites after a surge in digital betting activity drew official attention. The Ministry of Communications and Information Technology announced the…
Author: Maisie Morrison
TLDR The CFTC sued New Mexico, adding it to a growing list of states facing federal challenges over prediction market laws Nevada asked a court to hold Kalshi in contempt for allegedly violating a May injunction Crypto.com’s Nadex platform sued New York Attorney General Letitia James over state gambling law enforcement A new industry group called the Coalition for Fair Markets sued Kentucky over its 14.25% prediction market tax The CFTC argues federal law gives it exclusive authority over event contracts on regulated exchanges Prediction market legal fights expanded on June 12, 2026, as federal regulators, exchange operators, and state…
TLDR Macquarie estimates global 2026 FIFA World Cup betting volume at $50 billion The U.S. accounts for only about 5% of legal global betting volume during the tournament Per-match forecast stays at $500 million, similar to the 2022 World Cup Prediction markets are excluded from Macquarie’s forecast entirely Flutter Entertainment, Super Group, and Rush Street Interactive are seen as best placed to benefit The 2026 FIFA World Cup is on track to be the biggest betting event in history. Investment bank Macquarie has put global wagering volume at $50 billion for the tournament. But the U.S., despite its growing sports…
TLDR Slovakia’s Gambling Regulatory Authority (URHH) has warned operators to follow strict consumer protection rules during the 2026 FIFA World Cup All advertising campaigns across TV, online, social media, and outdoor must meet regulatory standards Operators must promote self-exclusion and deposit limit tools in their marketing URHH will intervene immediately if operators break gambling or consumer protection rules The crackdown follows over a year of debate around gambling reform in Slovakia Slovakia’s gambling regulator has put operators on notice ahead of the 2026 FIFA World Cup, warning that the tournament will not be an excuse for aggressive or irresponsible marketing.…
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…
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…