Online gambling regulation

Daniel Negreanu Joins Kalshi Amid Legal Scrutiny of Prediction Markets

Poker icon Daniel Negreanu, known worldwide as “Kid Poker,” has become the newest ambassador for Kalshi, the U.S.-based prediction market platform that lets users trade contracts on real-world events. The annou...

Robinhood Challenges Massachusetts Regulators in Court Over Sports Prediction Markets

In a new twist to the ongoing legal battle surrounding sports prediction markets, Robinhood has filed a lawsuit in the U.S. District Court for the District of Massachusetts. The trading platform is seeking an i...

Massachusetts Sues Kalshi for Offering Unlicensed Sports Wagers

Massachusetts Attorney General Andrea Joy Campbell has filed a lawsuit against KalshiEX LLC, accusing the online prediction market platform of unlawfully offering sports wagers to Massachusetts residents. The l...

Malaysia to Hold Key Meeting with Meta Over Gambling Ads

The Malaysian government is set to confront social media giant Meta later this month regarding a surge of illegal online gambling promotions circulating on Facebook. Communications Minister Datuk Fahmi Fadzil c...

Americans Call for Gambling Oversight of Sports Event Contracts

The American Gaming Association (AGA) has published new research indicating strong public sentiment that sports event contracts should not be treated as financial tools, but rather as gambling products requirin...

U.S. Treasury Cracks Down on Southeast Asia Scam Hubs With New Sanctions

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sweeping sanctions on an extensive web of scam operations across Southeast Asia, citing their role in defrauding America...

California Senate Moves Forward on Sweepstakes Casino Ban

The California Senate has delivered a unanimous vote in favor of Assembly Bill 831, legislation that seeks to outlaw online sweepstakes casinos and sportsbooks in the state. The bill, passed 36-0 on September 8...

New Zealand Online Casino Bill Draws Criticism Over Advertising Risks

Parliament’s Governance and Administration select committee has begun hearing oral submissions on New Zealand’s proposed Online Casino Bill, and opposition voices were quick to warn of serious risks. Critics ar...