Author: Maisie Morrison

TLDR Police seized more than £110,000 in cash, gold bars, coins and jewellery during raids in Sheffield and Doncaster. Sixteen illegal betting terminals were found and three people were arrested on 4 and 5 August. Wider searches uncovered stolen motorbikes, counterfeit tobacco and a cannabis growing operation. Four more arrests followed as police expanded their search across Sheffield. The Gambling Commission says illegal gambling can be linked to other criminal activity and harm vulnerable people. Police in South Yorkshire seized more than £110,000 in cash, gold bars, coins and jewellery during raids on suspected illegal gambling operations. The raids took…

TLDR The CFTC warned prediction market platforms to stop displaying prices using plus-and-minus sportsbook odds. The agency says this format can mislead traders about what they are actually buying. Firms must show prices in nominal or percentage terms instead. Regulated entities must confirm they received the warning by August 31. The move comes as courts across several states debate whether prediction markets count as gambling. The Commodity Futures Trading Commission has told prediction market platforms to stop pricing their event contracts like sportsbooks. The agency says the plus-and-minus odds format, familiar from sports betting apps, can confuse traders. The warning…

TLDR Bodog shut down its casino and sportsbook operations in February 2026. The brand has relaunched as a media platform at bodog.com. The new site covers gambling, sports culture, technology, travel, and wellness. The platform includes responsible gambling education and research content. Senior editor Arthur Crowson says the goal is to analyze news, not just report it. Bodog is back, but not as a betting company. The brand that once ran a casino and sportsbook has come back as a media outlet. Bodog closed its gambling operations in February 2026. Three months later, the company began rebuilding under a new…

TLDR The National Council on Problem Gambling (NCPG) named Kalshi as the first member of its new Financial Services & Trading group. Minnesota Senator John Marty is asking NCPG to end what he calls an “unholy alliance” with Kalshi. The Michigan Gaming Control Board and the Nevada Council on Problem Gambling have both cut ties with NCPG. Kalshi’s $2 million donation is far more than NCPG’s usual $15,000 to $100,000 membership fees, raising questions about how the money will be used. NCPG says prediction markets are “functionally gambling” and defends its choice to work with Kalshi. A group meant to…

TLDR Brazilian gaming groups met with government regulators on August 7 to discuss new online game rules. The government plans to publish an Interministerial Ordinance covering game design, user experience, and platform rules. Industry groups worry new rules could give illegal betting sites an advantage over licensed platforms. The National Association of Gaming and Lotteries proposed splitting the rules into two phases. The group also wants a proposed 5-minute minimum game round time lowered to 2.5 seconds. Brazilian gaming industry groups met with government regulators last week to talk about new rules for online games. The meeting took place on…

TLDR The CFTC warned prediction markets to stop using plus and minus betting odds copied from sportsbooks Contracts must show pricing in nominal or percentage terms instead The regulator says the odds format could count as a manipulative or deceptive practice Exchanges must confirm they got the letter by August 31 Kalshi says it will follow the new guidance by the deadline The Commodity Futures Trading Commission sent a warning letter to prediction market operators this week. The letter tells them to stop using American-style gambling odds when listing their contracts. This means no more plus and minus signs followed…

TLDR Prime Minister Anthony Albanese confirmed the Interactive Gambling Amendment Bill will go to the House of Representatives next week. The bill builds on gambling ad reforms first announced in April 2026. TV gambling ads will be capped at three per hour between 6:00 am and 8:30 pm. Gambling ads will be banned entirely during live sport broadcasts. A Senate inquiry heard claims that some gambling firms offered drugs and sex workers to high-value customers. Prime Minister Anthony Albanese has confirmed new gambling laws will reach the House of Representatives next week. He called the bill the strongest anti-gambling regulation…

TLDR Argentina’s national government published Resolution 271/2026 on August 6, 2026, changing mandatory warning rules for gambling and online betting ads. The update aims to stop overlapping warnings from national and provincial rules appearing on the same ad. Provinces and Buenos Aires can now formally join the national framework if they meet technical standards. Technical rules cover warning visibility, placement, size, and duration, including “safe zones” on screens. Separately, a Rosario councilor has proposed banning gambling ads from public spaces across the city. Argentina’s national government has changed the rules for mandatory warnings on gambling and online betting advertising. The…

TLDR DraftKings posted mixed Q2 2026 results, missing profit estimates but growing its player base CEO Jason Robins pushed back against Kalshi and Polymarket over claims about prediction market fairness DraftKings stock rose 8% Friday even after an earnings per share miss Flutter’s FanDuel trails DraftKings by up to a year in launching its own prediction exchange Wall Street analysts stayed mostly positive on DraftKings with price targets above the current stock price DraftKings reported second quarter earnings this week that showed a mixed picture for the sports betting company. The results came as the business pushes deeper into prediction…

TLDR The Philippine National Police arrested 9,401 people in July for illegal gambling. Officers seized more than PHP3.2 million, about $53,000, in betting money. Police also confiscated gambling equipment and other related materials. PNP chief Jose Melencio Nartatez Jr. said community tips help locate gambling hubs. Operations covered Metro Manila along with provinces and remote areas nationwide. The Philippine National Police arrested 9,401 people in July for taking part in illegal gambling. The arrests came from operations carried out across the country. Police said they seized more than PHP3.2 million, or about $53,000, worth of betting money. They also took…