The action follows a wider national crackdown that has already led to 91 casino closures and more than 13,000 deportations.
Roger Soleim, COO at Norsk Tipping, confirmed that the operator will engage directly with Sportradar to clarify the matter and evaluate any potential risks associated with the partnership.
Government seeks to close legal loopholes and curb gambling-like elements targeting youth.
As part of the hearing, the Senate Commerce Subcommittee on Consumer Protection, Technology and Data Privacy will speak on gameplay manipulation and potential insider trading.
The Texas Tech quarterback will enter a gambling addiction treatment program and take a leave of absence from the team after it was found he placed over 10,000 sports wagers since 2022.
The operator made its entrance into Mexico through the stake.mx platform, as the launch was said to continue Stake’s focus on ‘high-value’ and regulated jurisdictions across the globe.
The Commission previously filed a lawsuit against the state of New York on April 25, arguing it overstepped authority by pursuing legal action against crypto-linked prediction market operators.
If passed, Senate File 4511 would prohibit any prediction market offerings tied to sports, casino-style gambling, people, elections, catastrophes and death in Minnesota.
The Coalition for Prediction Markets also provided commentary to the CFTC, stating the definition of swaps is ‘certainly broad enough’ to include the trading of sports event contracts.
Authorities seize hundreds of machines and detain suspects linked to illegal lottery operations in Rio de Janeiro.