Korea: Jeju police bust $15m illegal gambling ring
Converted PC cafes used to process over US$15m in wagers.
Converted PC cafes used to process over US$15m in wagers.
The predictions marketplace stated the NYSGC has 'implicitly threatened' Kalshi with taking legal action against its operations, even while the CFTC's regulation 'preempts' state authorities.
Brazil's Banking Federation has introduced mandatory rules requiring financial institutions to report irregular betting activity to the Central Bank.
Authorities are also reviewing over 20 additional pages as part of efforts to limit unlicensed gambling promotion on social media.
President Lula has summoned Caixa's leadership to explain plans for a state-run betting platform, amid internal doubts about whether the project will move forward.
The Nevada Gaming Control Board confirmed the company will suspend offering sports event contracts in the state after a federal judge denied its request for an injunction.
The letters were sent to unlicensed casinos such as Aussie Play, CryptoGames, FortuneJack and Hugewin Casino for violating multiple statutes, including Michigan's Lawful Internet Gaming Act.
Throughout the first quarter of fiscal year 2026, sports wagering in Maryland has contributed over $29.7m to the Blueprint for Maryland's Future Fund and General Fund.
Brazil's betting association defended regulation as key to curbing illegal gambling, responding to criticism from the Banking Federation.
Brazil's Federal Revenue Service reported BRL6.8bn ($1.3bn) in tax revenue from betting activities in 2025, while transactions were up due to football.