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UKGC Details AML, Third-Party Failures Behind Evolution SettlementThe regulator stated that the settlement resulted from inadequate AML risk assessments, weak third-party oversight, and ineffective controls. The UK Gambling Commission (UKGC) has published the findings of its license… -
Prediction Markets Weekly Roundup: Washington Court Fight, Congressional Scrutiny and World Cup RecordsPrediction markets faced growing pressure from courts and lawmakers this week, even as operators reported record World Cup activity and continued expanding into new products and partnerships. As results highlight…
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Hard Rock Bet Rolls Into Ontario, Taking Brand International for First TimeHard Rock Bet has launched online casino and sports betting in Ontario, its first international gaming market. Hard Rock Bet (HRB) just took its business beyond US borders. Hard Rock…
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Trump-FIFA Relationship Mars Thrilling World Cup, Sports Integrity Expert SaysWhile throngs of joyous fans filled stadiums and U.S. television audiences set records, Declan Hill opines that President Trump’s influence on FIFA was among the factors that detracted from the…
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Pennsylvania Bill Proposes New Regulatory Approach for Prediction MarketsThe proposal would establish operating rules for prediction markets without imposing a tax, distinguishing Pennsylvania from several other states. Pennsylvania lawmakers have introduced legislation that would create a regulatory framework…
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Las Vegas Sands Q2 Earnings: Hold Volatility, World Cup Headwinds Mask Underlying GrowthLas Vegas Sands was down on its luck in Q2 2026, but it is gaining market share in Macau and printing cash at Marina Bay Sands in Singapore. Las Vegas…
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Crypto.com’s OG Sues Washington After Kalshi InjunctionThe prediction market operators filed a preemptive federal lawsuit days after Washington secured a preliminary injunction against Kalshi. Crypto.com’s prediction market platform, OG, has sued the State of Washington in…
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NCAA Division III Eases Gambling Penalties for Athletes Who Seek TreatmentThe policy is designed to encourage student-athletes to seek treatment. The NCAA Division III Management Council has approved an amendment to its student-athlete reinstatement guidelines that allows reduced penalties for…
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CME CEO Calls Some Sports Prediction Markets ‘Gambling’ as Exchange Expands Sports ContractsThe remarks came one day after CME certified additional sports-event contracts and weeks after FanDuel Predicts, its joint venture with Flutter, expanded its sports offering through a partnership with Crypto.com’s…
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Evolution Terminates $85M Galaxy Gaming AcquisitionThe acquisition, announced in 2024, was originally expected to close by mid-2025. Evolution has now decided to walk away and pay Galaxy a termination fee of over $5 million. Evolution…
