Why Kalshi, Polymarket and 'gambling-adjacent' giants are rewriting betting's future
Prediction markets are exploding: James Bennett, Managing Editor, PredictChecker.com, discusses their impact on the gambling and finance sectors.
Prediction markets are exploding: James Bennett, Managing Editor, PredictChecker.com, discusses their impact on the gambling and finance sectors.
The ad headline claimed players needed to stake £20 to participate, but in the small text, it stated that a minimum £40 stake was required.
The appointment strengthens the UAE regulator's leadership team as it builds a global framework for gaming compliance and licensing.
The new law repeals previous legislation permitting Philippine Offshore Gaming Operators and introduces stricter penalties for related illegal activities.
The operator's Las Vegas business drove $468.6m of the total revenue reported for the third quarter of 2025, as adjusted EBITDA also managed to grow by 4.5% to $190.9m.
A UK Treasury Committee heard from proponents of an increase in gambling taxation and the opponents - there was plenty of disagreement on figures.
The operator stated its previous anti-money laundering program failed to 'meet expectations' from December 2018 to August 2024 but plans to fight AUSTRAC's claim in court if required.
An investigation found 18-to-23-year-olds were losing tens of thousands of Euros.
The operator also issued a trading update to shareholders, stating 'exceptionally customer-friendly sports results' affected operations for September and impacted sports betting margins.
Senator Sérgio Petecão has introduced a bill directing part of the betting revenue to healthcare and social security.