TLDR Twenty-eight Chicago alderpersons sent a letter demanding Bally’s resume full construction on its casino development. Bally’s paused work on the hotel, event center and some restaurants at the River West site. The company blames the pause on the city’s decision to legalize video gaming terminals. Some council members say the slowdown may be tied to Bally’s cash flow instead. The casino floor construction is continuing, with the permanent property still set to open in early 2027. Chicago’s City Council is pushing back against Bally’s Corporation after the company slowed construction on parts of its casino project. Twenty-eight alderpersons signed…
Author: Maisie Morrison
TLDR New York Assemblymember Carrie Woerner says iGaming legalization is “perpetually five years out” Woerner chairs the Assembly’s committee on racing and gaming She made the comments at The Racing and Gaming Conference in Saratoga Springs Seven states currently offer licensed iGaming apps, with Nevada also allowing online poker Conference attendees predicted 10 to 20 states could offer iGaming within five years State Assemblymember Carrie Woerner said New York is not close to legalizing online casino gambling, also known as iGaming. She spoke during a panel at The Racing and Gaming Conference at Saratoga Springs on Tuesday. Woerner chairs the…
TLDR Kalshi referred 32 insider trading cases to the CFTC in the second quarter of 2026, pushing its 2026 total past 50. Polymarket has flagged more than 90 account holders to authorities in the U.S. and overseas this year. The CFTC has only filed civil charges against three prediction market traders despite the wave of tips. CFTC staffing cuts have left its enforcement division with about 100 people and no trial attorneys in Chicago. Lawmakers are pushing bills like the Public Integrity in Financial Prediction Markets Act to close legal gaps. Prediction market platforms are flagging suspected insider traders faster…
TLDR Panama’s gambling market grew 16.5% to 1.6 billion balboas in the first half of 2026 Online gambling revenue jumped 59.8% to 379.75 million balboas Slot machines and table games also posted gains during the period Lottery sales, racetrack betting, and instant games all declined Suspicious transaction reports tied to gambling rose 58% compared to last year Panama’s gambling and betting market grew 16.5% during the first half of 2026. Gross wagers reached 1.60783 billion balboas, up from 1.38020 billion balboas in the same period last year, according to the National Institute of Statistics and Census. Online gambling led the…
TLDR Cebu City held a public hearing on Aug. 11 for a proposed gambling ad ban. The Business Permit and Licensing Office says online ads will be hard to enforce. PAGCOR wants the ban limited to physical ads shown inside Cebu City. Proposed fines range from P1,000 to P5,000 plus permit revocation for repeat violations. The council still needs to define what counts as gambling under the ordinance. Cebu City councilors met on Aug. 11 to discuss a proposed ban on gambling advertisements. Councilor Joel Garganera introduced the measure to protect minors and vulnerable groups from gambling promotions. The Business…
TLDR Macau collected MOP58.34 billion (US$7.22 billion) in gaming taxes from January to July 2026, up 9.3% from the same period last year. Gaming taxes made up about 86% of the government’s current revenue during the seven month period. July gaming tax collection dropped 17.5% from June, falling to MOP7.15 billion. Casino gross gaming revenue rose 9.4% in July after falling 18.1% in June. The government has reached 63.1% of its full year gaming tax target of MOP92.53 billion. Macau’s government collected about US$7.2 billion in gaming taxes between January and July 2026. The figure comes from the city’s Financial…
TLDR Mindway AI and GamScore have formed a partnership to strengthen safer gambling tools in the iGaming industry. The deal combines GamScore’s player-controlled financial tracking with Mindway AI’s risk detection technology. Mindway AI’s tools, GameScanner and Gamalyze, already monitor more than 9 million active players monthly. Mindway AI is majority-owned by Better Collective and has ties with DraftKings and PrizePicks. No launch date or specific operator rollout has been announced yet. Mindway AI and GamScore have announced a partnership meant to strengthen safer gambling frameworks across the iGaming sector. The deal links GamScore’s financial health tracking platform with Mindway AI’s…
TLDR The CFTC is reviewing prediction market “mention markets” over concerns they may be easy to manipulate, according to two people familiar with the matter. Kalshi removed sports mention markets until further notice while political and earnings mention markets stay active. CFTC rules require exchanges to only list contracts that are not easily manipulated. Kalshi previously flagged its own trader, Trump’s teleprompter operator, after suspicious mention-market trades produced over $90,000 in profit. The CFTC has not confirmed the inquiry, and both the agency and Kalshi declined to comment. The Commodity Futures Trading Commission is looking into prediction market contracts known…
TLDR Glasgow will get €4.02 million over three years from the UK’s new gambling levy The money will fund prevention work, financial support and staff training Betting shops are concentrated in Glasgow’s most deprived neighbourhoods Gambling harm reportedly costs Glasgow more than €17.55 million a year The new national levy is expected to raise around €117 million a year across the UK Glasgow City Council will receive €4.02 million over the next three years to expand its response to gambling harm. The money comes from the UK’s new statutory gambling levy. Some of the funding will go directly to neighbourhoods…
TLDR Vicky Foxcroft has been appointed the UK’s new gambling minister, replacing Baroness Twycross She has a long record of supporting stricter gambling rules and consumer protections Her appointment follows the government’s reversal of the “aim to permit” rule for local councils The Betting and Gaming Council has welcomed her appointment and wants a balanced approach The Council also thanked outgoing minister Baroness Twycross for her work with the industry Vicky Foxcroft has been named the UK’s new minister responsible for gambling policy. She takes on the role of parliamentary under-secretary of state for Museums, Heritage, Gambling and Lords Minister.…