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 new law repeals previous legislation permitting Philippine Offshore Gaming Operators and introduces stricter penalties for related illegal activities.
Caesars Digital revenue increased 2.6% throughout the third quarter of 2025, having totaled $311m while regional operations generated $1.5bn and grew 6.2% year-over-year.
The operator is set to integrate AI-powered user-acquisition tools and UX design into its digital platforms to connect online and land-based properties, such as its Betly iGaming brand.
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.