Regulation & Law

The state of Connecticut has sued prediction market platform Kalshi, in an attempt to prevent the company from offering what state officials call unlicensed sports betting. The lawsuit was announced officially by Connecticut attorney general William Tong, governor Ned Lamont, and Department of Cons…

According to new research from the University of Nottingham, football highlight viewers are significantly exposed to gambling branding, which appeared during nearly one third of Premier League highlight footage analyzed. The Most Prominent Unhealthy Commodity The pre-print study looked at the frequ…

Spribe has obtained more intellectual property rights for its leading Aviator game in Kenya, which reinforces the market position of the game. In a statement on LinkedIn, Spribe confirmed the official registration of the Aviator logo under the WIPO Madrid System, started its action in Kenya from th…

The Curaçao Gaming Authority (CGA) has announced new Provisions for Identification and Verification without physical contact, alongside with the Central Bank of Curaçao and Sint Maarten (CBCS) and the Financial Intelligence Unit Curaçao (FIU). The rule will allow remote client verification to stren…

Die politische Feindseligkeit gegenüber der Wettindustrie in Brasilien wächst, während ein neuer Gesetzentwurf das Ende von Online-Wetten anstrebt. Präsident Lula da Silva und die Liberale Partei zeigen sich besorgt über die gesellschaftlichen Auswirkungen von Wetten und diskutieren mögliche Einschränkungen.

Connecticut takes Kalshi to court to force the prediction market to stop offering sport event contract operations in the state. Sport betting is considered illegal in the state. The lawsuit was filed by Attorney General William Tong alongside Governor Ned Lamont and Consumer Protection Commissioner…

Philippine entrepreneur Lance Gokongwei (pictured) has been appointed chairman of PhilWeb Corp, a provider of business-to-business (B2B) services for the Philippine online gaming sector, following the resignation of Crisanto Alcid as chairman and chief executive. Mr Alcid, who resigned from the two…

Gaming equipment supplier and distributor RGB International Bhd reported a 26.3-percent year-on-year decline in second-quarter profit attributable to shareholders, despite an increase in revenue for the period. Such profit for the three months to June 30 was MYR10.3 million (US$2.6 million), compar…

Two executives from foreigner-only casino businesses in South Korea have respectively referred to government plans to increase the sector’s financial commitments to public funds as “arbitrary” and risking a “crushing burden”. The comments were made at a round-table discussion on Wednesday organised…

More sales do not always mean better returns. RGB International’s second-quarter revenue climbed 15 percent, but a less favorable product mix pushed shareholder profit down 26 percent to $2.57 million, with gross profit and EBITDA also declining. In Papua New Guinea, Pacific Pearl casino is targeti…

The Graves County Sheriff’s Office reported that a woman believed to be one of the masterminds behind a local lottery scam is facing extradition proceedings for her return to Kentucky, where she will face prosecution. The Scheme Cost Kentucky Residents $80,000 The Sheriff’s Office clarified that th…

Putrajaya insists no fresh permits have been issued and that all licenses in force date back to approvals granted in the 1990s. The post Malaysia’s Finance Ministry rejects Kedah claims of new gambling licenses first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

A growing wave of filings for exchange traded funds (ETFs) linked to prediction markets is creating a new batch of regulatory questions, but answers aren’t yet clear. In a new article for Cornerstone Research, an economic and financial consulting firm, coauthors Laurent Samuel, Gary Schmirer, Ross…

The Menominee Indian Tribe of Wisconsin has announced revisions to the site plan for its proposed casino project in Kenosha, Wisconsin, which is currently undergoing federal review. Menominee Tribe Submits a Modified Proposal for Its Venue If the changes happen, they will eliminate parking areas pr…

Earlier this month, the Commodity Futures Trading Commission (CFTC) invoked its emergency authority to order prediction market operator Kalshi to continue operating despite a New York lawsuit seeking to shut down its event contracts. However, this has resulted in Joe Webster, a partner at Hobbs Str…

Officials with Bally’s Chicago say mechanics’ liens filed against the $1.7 billion casino resort are without merit, claiming the development has paid its invoices on time and that the issue lies with the project’s general contractor. The Chicago Tribune reports that MGM Excavating filed the liens l…

If David “Vegas Dave” Oancea is hiding from the law, he doesn’t do it well. Less than two weeks after skipping a court hearing where he was supposed to be taken into custody, the popular Las Vegas sports betting personality was back on Instagram pretending that nothing was wrong. This week, Oancea’…

Japan is expected to hold a second bidding round for casino licenses in 2027, and interest is continuing to grow among prefectures and prospective resort developers. Japan’s National Diet authorized up to three integrated resort (IR) casinos in 2018 to grow tourism and diversify the country’s attra…