Author: Maisie Morrison

TLDR FIFA named ADI Predictstreet as the official prediction market for the World Cup Predictstreet has no working website or app, with its domain returning error messages The company only holds a license in Gibraltar, covering just 38,000 people, with no legal status elsewhere Senior figure Ajay Hans Raj Bhatia was accused of insider trading by India’s SEBI tied to the Adani Group Bhatia paid roughly $170,000 and accepted a six-month trading ban in India to settle the case FIFA recently announced ADI Predictstreet as its official prediction market partner for the upcoming World Cup. The governing body described the…

TLDR The NBA named PrizePicks its official Daily Fantasy Sports partner in a multi-year deal giving the company rights to use league and team branding. PrizePicks previously paid nearly $15 million to settle with New York regulators for operating without a wagering license. European lottery operator Allwyn acquired a majority stake in PrizePicks in a deal valuing the company at up to $4.15 billion. Federal prosecutors charged 34 people in October 2025, including current and former NBA figures, in a betting and match-fixing scandal. The partnership raises questions about the NBA balancing commercial deals with its stated goal of tightening…

TLDR Malta Gaming Authority canceled Winzon Group Limited’s license effective March 11, 2026 Winzon operated online gaming sites including Comix Casino and Betrocker The company faces €147,080 in administrative penalties plus €46,693.23 in outstanding fees Winzon must refund all player balances and notify customers within 30 days Most Winzon casinos have already shut down, with URLs redirecting to Curacao-based operators The Malta Gaming Authority has officially canceled the gaming license held by Winzon Group Limited. The cancellation took effect on March 11, 2026. The decision came after repeated compliance failures by the company. The MGA cited regulation 10(2)(b) of its…

TLDR The US Third Circuit Court of Appeals ruled 2-1 in favor of Kalshi, blocking New Jersey from enforcing state gambling laws against the prediction market platform Judge Roth’s dissent argued Congress never intended the CFTC to override state gambling regulations when it amended the Commodity Exchange Act in 2010 Industry figures are split on whether the ruling could threaten state-regulated gambling operations across the country The ruling is a preliminary injunction and only found a “reasonable likelihood of success,” not a final decision Legal experts say the case is likely headed to the Supreme Court, with New Jersey having…

TLDR President Lula said he wants to close down betting in Brazil due to “runaway gambling” during an April 8 interview The government has been debating the future of betting platforms for 15 days Lula pushed back on claims that football depends on betting sponsorships, noting the sport survived 150 years without them Brazilian household debt hit a record 80.4% in March according to a long-running consumer survey The government is working on a new debt restructuring program that may allow use of severance funds to repay debts Brazil’s President Luiz Inácio Lula da Silva said on April 8 that…

TLDR Chile’s state lottery president Macarena Carvallo called online betting “the new fentanyl of the 21st century” Polla Chilena’s gross income dropped 18.34% in 2025 compared to the previous year The Xperto sports prediction platform’s contribution to public sports funding fell from 18 billion to 14 billion pesos Carvallo warned that unregulated betting is already harming children and adolescents in Chile Despite opposing online betting expansion, the state lottery says it is ready to compete if Chile opens the market Chile’s state-run lottery operator has issued a stark warning about the rise of online betting in the country. The company’s…

TLDR New Zealand will not adopt Australia-style gambling advertising restrictions for now The Online Casino Gambling Bill is expected to pass in May 2026, allowing up to 15 licensed operators Australia’s gambling ad restrictions take effect January 1, 2027, and New Zealand is watching closely New Zealand may still introduce ad rules later, especially around children’s programming Over 50 sports groups and 955 advertising complaints are adding pressure to the debate New Zealand has confirmed it will not follow Australia’s lead on gambling advertising restrictions, at least not yet. The country is instead turning its attention to regulating online casinos…

TLDR The “Enough is Enough” campaign in Goa is expanding statewide with plans for grassroots committees in every region Former judge Ferdino Rebello is leading renewed legal challenges against offshore casinos on the Mandovi river The movement originally started over concerns about land conversion and environmental degradation Campaign organizers are pushing back against changes to the Town and Country Planning Act The group is pressuring political parties to pick candidates who support public interest over business interests A civic movement in Goa is growing its reach across the Indian state. The campaign is now targeting both offshore casinos and land…

TLDR Polymarket hit 45.3 million web visits in March, up 13% from its previous record of 40 million in November 2024 Kalshi reached 13 million web visits in March, nearly double its November 2024 numbers Polymarket monthly traffic is up nearly 400% year-over-year, while Kalshi is up about 320% Election Day 2024 still holds the record for the single highest-trafficked day on both platforms Iran war-related betting markets have driven growth but also sparked controversy over ethics March 2026 was the biggest month on record for online prediction markets Polymarket and Kalshi. Both platforms saw web traffic surpass their previous…

TLDR Polymarket is rolling out what it calls its “biggest change to date” with a rebuilt trading engine and upgraded smart contracts The platform is launching its own stablecoin called Polymarket USD to replace the bridged USDC.e token it currently uses Polymarket USD will be backed 1:1 by Circle’s USDC stablecoin All open orders on the platform will need to be cancelled during the transition, with traders getting a few days notice A native POLY token has been confirmed but has no launch date, with prediction markets putting odds of a May launch at just 11% Polymarket, the leading on-chain…