TLDR Colombia introduced a 16% consumption tax on all deposits made to online gambling platforms through Decrees 0240 and 0241…
TLDR Prediction markets work like exchanges where users trade contracts with each other, while sportsbooks take the other side of…
TLDR The BGC estimates £60 million was wagered illegally during the four-day Cheltenham Festival, roughly £2 million per race Cheltenham…
TLDR Tilman Fertitta has raised his bid for Caesars Entertainment to $34 per share, valuing the casino operator at roughly…
TLDR Unlicensed offshore gambling platforms generated 74% of US online gross gambling revenue last year, with the total digital market…
TLDR National gambling participation in Canada dropped from 76% in 2002 to 64.5% in 2018, yet the industry keeps expanding…
Crypto casinos are no longer interchangeable. The platforms that have survived and thrived in this space have done so by…
TLDR Kalshi recession odds for 2026 jumped above 34%, the highest level since November, up from under 25% late last…
TLDR Kevin O’Leary bet $1,000 on prediction market app Kalshi that his “Marty Supreme” costar Timothée Chalamet would win the…
TLDR Brazil’s Secretariat of Prizes and Bets (SPA) opposes Bill 3563/2024, which would ban all betting advertising and sponsorship in…