TLDR Colombia introduced a 16% consumption tax on all deposits made to online gambling platforms through Decrees 0240 and 0241…
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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…
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…
TLDR South Korea is urging citizens to report illegal sports gambling through the Illegal Sports Toto Reporting Center Rewards of…