Betting industry news

    Light & Wonder completes first-ever installation of RapidPlay at Crystal Bay Casino

    Light & Wonder has completed the debut installation of its RapidPlay cashless gaming solution at Crystal Bay Casino in Nevada. The technology allows patrons to securely fund slot machines directly from their personal mobile devices. Currently approved for deployment in Nevada, the supplier plans to expand the system into additional jurisdictions subject to regulatory approval.

    Election prediction markets hit $1.4 billion in trading as forecasting credibility faces test

    Election prediction markets hit $1.4 billion in trading as forecasting credibility faces test

    Trading volume on prediction markets linked to the 2026 US midterm elections has exceeded $1.4 billion, according to an analysis by CNN. The milestone comes amid heightened interest in contract-based forecasting as an alternative to traditional political opinion polling. The performance of these markets during the election cycle is viewed as a key test for their broader credibility and mainstream adoption.

    Prediction markets hit $1.4 billion in midterms trading as forecasting credibility faces test

    Prediction markets hit $1.4 billion in midterms trading as forecasting credibility faces test

    Trading volume on prediction markets tied to the 2026 US midterm elections has surpassed $1.4 billion, according to an analysis by CNN. The milestone reflects expanding adoption of political betting contracts amid persistent skepticism surrounding traditional opinion polling. The performance of these platforms in predicting race outcomes will serve as a critical test of their long-term credibility as forecasting tools.

    BreakingRegulatory

    Brazil’s 85 betting licenses expire without refund before Congress and STF act

    Brazil’s 85 betting licenses expire without refund before Congress and STF act

    A total of 85 federal fixed-odds betting authorizations held by 82 operators have expired in Brazil following the conclusion of a 30-day statutory period. Nearly 190 commercial brands have lost their market access without reimbursement for their R$30 million ($6 million) licensing fees or deposits. The expirations took effect before the National Congress or the Federal Supreme Court acted on the matter.

    IAGR announces first Illegal Gambling Awareness Week

    The International Association of Gaming Regulators (IAGR) has announced its inaugural Illegal Gambling Awareness Week, scheduled to take place from 9–13 November 2026. The coordinated campaign aims to educate consumers on the risks of unlicensed operators and encourage players to verify jurisdictional licensing. It represents the first international initiative of its kind focused on illegal online gambling awareness.