Author: Maisie Morrison

TLDR Misiones province in Argentina is now using AI on its online gambling platforms to detect problem gambling and illegal activity The AI monitors for suspicious micro-betting, fake accounts, abnormal deposits, loss chasing, and compulsive behavior patterns Players flagged by the system will receive automated warnings and may be asked to temporarily stop playing IPLyC Misiones is the first lottery authority in Argentina to adopt AI for early prevention of problem gambling The authority also signed a partnership with the L.E.A. Foundation to address gambling risks among young people The Provincial Institute of Lottery and Casinos of Misiones, known as…

TLDR Genting Resorts World opened New York City’s first full-scale casino in Queens on April 28, next to the Aqueduct Racetrack The casino now offers Baccarat, Blackjack, Craps, Roulette and Poker after operating as a slots-only venue since 2011 It is the first of three licensed casinos to open, with Bally’s Bronx and Hard Rock Metropolitan set for 2030 The opening is phase one of a $5.5 billion redevelopment that will eventually include 6,000 slots, 800 tables, 30+ restaurants and 2,000 hotel rooms Rapper Nas performed at the grand opening after years of lobbying and legal battles led to three…

TLDR Sportradar CEO Carsten Koerl said unregulated revenue accounts for 5% to 13% of the company’s total, far below the 30%-40% claimed by short sellers Short-seller reports from Callisto Research and Muddy Waters caused Sportradar shares to drop 22.6% in a single day last week Koerl called the reports “false, misleading and defamatory” and said the company does not work with black market operators Sportradar posted a Q1 loss of €6 million despite revenue rising 11% to €347 million The company appointed former Entain COO Sameer Deen as its new chief operating officer, effective May 18 Sportradar CEO Carsten Koerl…

TLDR Brazil’s federal government announced a total ban on prediction market platforms across the country Finance authorities are blocking access to 27 prediction market websites through ANATEL Brazilian regulators classify prediction markets as illegal gambling under Law 14.790/2023 A new CMN resolution starting May 4 will prohibit derivative contracts linked to non-financial events Over 39,000 illegal betting websites have already been blocked by Brazilian government agencies Brazil has banned prediction market platforms in a sweeping move that blocks access to major names like Kalshi and Polymarket. The announcement came during a press conference at the Palácio do Planalto. Finance Minister…

TLDR Ohio Sen. Bill DeMora filed SB 430 to regulate prediction markets offering sports contracts under the state’s existing sports betting laws The bill would require prediction market operators to obtain state licenses and pay the same taxes as sportsbooks Federal courts have issued conflicting rulings on whether states can regulate prediction markets like Kalshi The Ohio Casino Control Commission recently moved to fine Kalshi $5 million for taking unlicensed sports bets Several other gambling-related bills are active in Ohio, including one that would ban online sports betting entirely An Ohio state senator introduced a bill Monday that would force…

TLDR A new study estimates legal online sports betting in Nebraska could bring in nearly $87 million in tax revenue over five years About 70% of that revenue, roughly $61 million, would be directed toward property tax credits for residents Tax Relief Nebraska is collecting signatures to put the issue on the 2026 ballot, with the effort moving faster than expected Supporters argue the state is losing revenue as residents already bet in neighboring states or through unregulated platforms Opponents warn that expanded access could increase gambling participation and create social risks that are harder to quantify A new study…

TLDR The CFTC filed a lawsuit against New York state officials, including AG Letitia James and Governor Kathy Hochul, over prediction market regulation The suit argues federal authority over event contracts should override state gaming laws New York had previously issued cease-and-desist orders to Kalshi and sued Coinbase and Gemini over sports and election contracts The CFTC also filed a brief in a Massachusetts court case involving Kalshi New York officials fired back, saying their gambling laws protect consumers and they will keep enforcing them The Commodity Futures Trading Commission is taking its fight over prediction markets to new fronts.…

TLDR Argentina’s National Communications Agency blocked 251 illegal gambling websites operating without licenses in Buenos Aires province The crackdown was led by cybercrime prosecutors in San Isidro after complaints from the regulated gambling industry Many sites had no fair play controls and users reported being unable to withdraw funds Investigators found minors could easily sign up and some were recruited as money-moving intermediaries Officials warn illegal operators adapt quickly and new sites can replace blocked ones almost immediately Argentina is cracking down on illegal online gambling after authorities blocked 251 unlicensed betting websites in Buenos Aires province this week. The…

TLDR A 30-day iGaming pilot processed over 237,000 Lightning Network transactions, moving around 88 BTC with payments settling in under two seconds About 80% of the traffic came from Cash App users, suggesting mainstream adoption beyond crypto-native audiences Lightning payments are final and irreversible, eliminating chargebacks and reducing the need for operators to hold idle funds Players consistently rank payout speed as a top concern, with many leaving platforms over slow withdrawals Stablecoins like Tether can now run on Lightning, offering instant payouts without Bitcoin price volatility A new report from Voltage has put numbers behind what some iGaming operators…

TLDR Zimbabwe lawmakers want to raise the levy on licensed bookmakers from 2% to 4% to fund public projects like clinics and schools. The proposal follows a parliamentary review of community projects funded by the Lotteries and Gaming Board in several districts. Zimbabwe already raised bookmaker tax from 3% to 20% and tax on bettors’ winnings from 10% to 25% in January 2026. The new bookmaker tax acts as a final tax, replacing Corporate Income Tax for betting companies and casinos. Zimbabwe’s betting industry generated about $120 million in 2023, with over 300,000 active online bettors by 2024. Zimbabwe’s Parliament…