Polymarket introduces combo trades to counter parlay offerings
As part of a social media post announcing the new launch, Polymarket encouraged users to stack trades on ongoing sports such as the UFC, MLB and 2026 FIFA World Cup.
As part of a social media post announcing the new launch, Polymarket encouraged users to stack trades on ongoing sports such as the UFC, MLB and 2026 FIFA World Cup.
FanDuel barely edged out DraftKings with just over $42.7m of revenue for June, equating to a decrease of 50.5%, while the Massachusetts-based operator’s GGR fell 40.5% to $41.6m.
GRAI began issuing its first licences to remote betting operators on 6 July, marking a major milestone in the country's new gambling regulatory framework.
The Arizona regulator issued five cease-and-desist orders against BetOpenly, Bookmaker, Club WPT Online Poker, Kutt and Raffle Creator, directing each to ‘immediately stop’ all operations.
The Tar Heel state brought an end to its prediction market debate this week, granting the CFTC ‘exclusive’ regulatory authority in exchange for a 6% tax on trading revenues.
As sports prediction markets become one of digital gaming's fastest-growing categories, TRUEiGTECH positions TruePredict to help operators launch liquidity-ready sports prediction platforms.
Mobile betting operations accounted for the vast majority of taxable win generated during June with $37.9m, while Maryland’s total wagering handle increased 29.6% to just over $523.3m.
The ruling allows operators to calculate value-added tax on net gambling revenue rather than total wagers if they can substantiate their remuneration model.
Brazil’s Federal Public Prosecutor’s Office (MPF) has called for a larger share of betting tax revenue to be allocated to the country’s public healthcare system.
Senator Cleitinho Azevedo has admitted he made a mistake by asking Virginia Fonseca for a photo during the CPI, saying the episode distracted from the commission’s purpose.