A federal judge has upheld the U.S. Department of the Interior’s decision to place a 2.4-acre property in Medford, Oregon, into trust for the Coquille Indian Tribe and allow gaming activities on the site. U.S. District Judge Amit P. Mehta rejected a legal challenge filed by the Cow Creek Band of Umpqua Tribe of Indians, the Karuk Tribe, and the...
Kalshi faces renewed legal pressure after the U.S. Court of Appeals for the Tenth Circuit rejected the company’s request for emergency protection while it appeals a ruling that allows Utah to apply its gambling laws to sports-related event contracts. The decision leaves Utah free to pursue possible enforcement action against the prediction market operator while the broader legal dispute continues. Kalshi had...
Brazil’s online gambling sector could soon face its biggest regulatory challenge since the market was legalized, as President Luiz Inácio Lula da Silva’s administration considers introducing new restrictions through a provisional measure that would take effect immediately upon publication. Reports from sources close to the presidential administration indicate that the government is preparing a proposal designed to tighten oversight of...
As the UK government moves closer to deciding whether to prohibit sponsorship agreements with gambling firms that lack a British license, a growing number of Premier League clubs could find themselves exposed to significant commercial disruption. The issue has intensified following the conclusion of a government consultation examining whether sports teams should be allowed to maintain relationships with betting operators...
Gambling operator bet365 is reducing its workforce by around 340 positions as part of a restructuring plan linked to rising costs and increased regulatory pressure. The company said the changes will affect its European operations, with most impacted roles based at its Stoke-on-Trent headquarters. Around 300 positions are expected to be removed in the UK, while approximately 40 roles will be affected...
Illegal online gambling networks are increasingly targeting customers in the UK who have chosen self-exclusion or want to avoid the restrictions applied by regulated operators, according to a new industry report. The report estimates that the global illegal online gambling market generated around US$50 billion in gross revenue in 2025. It outlines how operators use cryptocurrency payments, digital advertising channels and mirror...
Malaysian gaming and plantations group Genting Bhd is facing increased pressure on its credit profile as major expansion projects and weaker-than-expected performances at several properties raise concerns over its investment-grade rating. S&P Global Ratings said Genting is at risk of becoming a “fallen angel” if earnings weakness continues and the company cannot take sufficient measures to protect its financial position. The company...
OpinionKings has introduced its iOS application, combining creator-driven content with prediction markets through a social media-style interface. The platform allows users to follow discussions, view short-form content and participate in simulated prediction trading within the same environment. Founded by Harshit Geddam, OpinionKings aims to merge elements of social networks and event-based trading platforms. The company’s approach differs from traditional prediction market...
The City of Springfield has launched legal action against MGM Resorts International and Blue Tarp Redevelopment, LLC, claiming the operators of MGM Springfield have failed to meet obligations established under the casino’s Host Community Agreement (HCA). Mayor Domenic Sarno announced the lawsuit after what city officials described as nearly two years of unsuccessful discussions with MGM regarding compliance issues tied...
Bulgaria’s We Continue the Change party has submitted legislation seeking to impose a comprehensive ban on gambling advertising across the country’s media and public spaces. The proposal would extend the restrictions introduced in 2024 and address forms of gambling-related promotion that lawmakers believe can continue through sponsorships, branding and product placement. Under the draft, gambling advertising would be prohibited on television, radio,...