Author: Maisie Morrison

TLDR Kenya’s gambling industry paid KSh32 billion ($247 million) in taxes by the end of April 2026, up from KSh24 billion in the 2022/23 financial year The Kenya Revenue Authority credited the increase to stronger operator compliance and rising customer activity Gambling tax revenues are now funding public services including healthcare, education, and infrastructure The KRA is considering reduced excise duty rates for operators that implement player safety programs Kenya is positioning itself as a regulatory and commercial hub for Africa’s gaming industry Kenya’s gambling sector has produced a sharp increase in tax revenue, with the Association of Gaming Operators…

TLDR Truth Social has dramatically scaled back its prediction market plans, reducing Truth Predict to a marketing collaboration with Crypto.com’s OG.com platform ForecastEx, owned by Interactive Brokers, quietly dropped sports contracts from its platform in early March 2026 Over 40 companies have launched or plan to launch prediction markets, but experts say most will fail Industry analysts compare the coming consolidation to early social media or the post-PASPA sportsbook shakeout Developers are increasingly building tools for Kalshi and Polymarket instead of competing against them The prediction market industry is heading toward a major shakeout, with early signs of consolidation already…

TLDR Colorado’s legislature passed SB 26-131, making it the first state to ban sportsbook push notifications and text messages to bettors. The bill also bans credit card deposits, limits daily deposits, restricts youth-adjacent advertising, and requires anonymized data sharing with regulators. The Sports Betting Alliance, representing FanDuel, DraftKings, BetMGM, and others, argues the restrictions could push bettors toward unregulated offshore sportsbooks. Responsible gambling advocates largely support the bill but some suggest an opt-in model for notifications would have been a more balanced approach than a total ban. The bill now awaits Governor Jared Polis’s signature; earlier versions that banned prop…

TLDR Industry suppliers at G2E Asia said regulatory obstacles continue to slow technology adoption across Asia-Pacific gaming markets Light & Wonder and Aristocrat executives called for closer collaboration between gaming companies and regulators during product development Cashless payment technology in casinos remains clunky due to regulatory processes, not the technology itself Philippine land-based operators launching online platforms under PAGCOR’s PIGO scheme are struggling because they lack in-house digital expertise Experts warned that operators using white-label providers to run online businesses risk losing control of their most valuable asset — the customer database The Asia-Pacific gaming industry is facing a familiar…

TLDR Gaming Corps has received a conditional iGaming supplier licence from Alberta Gaming, Liquor & Cannabis (AGLC) The licence was granted through Gaming Corps Malta Ltd for manufacturing and supplying gaming software Alberta’s regulated iGaming market is set to launch on 13 July 2026 Gaming Corps will be able to offer its casino games and proprietary mechanics to Alberta operators from day one Alberta is expected to become Canada’s second regulated open iGaming market after Ontario Gaming Corps has secured a conditional iGaming supplier licence from Alberta’s gaming regulator, positioning the studio to enter the Canadian province’s market when it…

TLDR Alberta approved the International Betting Integrity Association (IBIA) as an official integrity monitor ahead of its July 13 regulated online betting launch. Around 30 sportsbook and casino operators, including FanDuel, DraftKings, and BetRivers, are expected to enter the market on day one. IBIA’s monitoring platform will track betting activity across operators to flag suspicious patterns and potential match manipulation. North America accounted for 20% of all suspicious betting alerts in IBIA’s 2026 data, second only to Europe at 28%. Globally, IBIA recorded 70 suspicious betting alerts in Q1 2026, with football, tennis, and esports producing the most flags. Alberta…

TLDR Minnesota Legislature passed SF 4760, a public safety bill that includes a ban on prediction markets Operators, facilitators, payment providers, and advertisers face felony charges under the new law The ban covers wagers on elections, sports, weather, public health crises, wars, and more The CFTC may sue Minnesota, as it has already sued five other states over prediction market jurisdiction The provisions take effect Aug. 1, 2026, if signed into law Minnesota lawmakers have approved a sweeping public safety bill that includes a ban on prediction markets, making operators and facilitators subject to felony penalties. The bill, SF 4760,…

TLDR Catena Media reported Q1 2026 revenue of €12.3 million, beating estimates by 4.2% and growing 25.5% year-over-year Adjusted EBITDA surged 191% YoY to €2.7 million with margins hitting 22%, up from 9% a year ago Despite the earnings beat, Catena Media stock fell 25% to SEK 2.54 following the release A December Google algorithm update caused ranking pressure and a sequential revenue dip from Q4 The company is eyeing Alberta’s regulated gambling market opening on July 13 as its next growth driver Catena Media delivered a Q1 2026 earnings beat across all major metrics, but its stock sold off…

TLDR A federal judge issued a preliminary injunction stopping Arizona from applying its gambling laws to prediction markets The ruling came after Arizona filed criminal charges against Kalshi, a CFTC-regulated prediction market platform The court found that federal law preempts state authority over event contracts traded on registered markets The decision is part of a broader legal fight, with the CFTC suing multiple states to defend its jurisdiction Courts in other states have split on the issue, with appeals expected to continue The legal battle between state gambling regulators and the federal government over prediction markets just hit another turning…

TLDR The AGA’s State of the States 2026 report groups prediction markets with illegal gambling operations and sweepstakes casinos 81% of gaming executives surveyed view prediction markets as a major threat to regulated gaming DraftKings, FanDuel, Fanatics, and Bet365 have all left the AGA over the past year 16 states took action against sports event contracts in 2025, including lawsuits and cease-and-desist orders The CFTC has filed lawsuits against multiple states, arguing it has exclusive jurisdiction over event contracts The American Gaming Association is stepping up its campaign against sports prediction markets. The trade group’s latest reports paint event contracts…