The U.S. Court of Appeals for the Ninth Circuit has rejected Kalshi's petitions for a panel rehearing and a rehearing en banc regarding its dispute with Nevada gaming authorities. The decision upholds a prior ruling that permits state regulators to enforce local gambling laws against the prediction market operator. The original three-judge panel unanimously denied the bid, with no circuit judges requesting a full court review.
Summary based on reporting by Yogonet, which retains all rights to its text and images.
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Sporttrade has secured regulatory approval from the Commodity Futures Trading Commission to operate a sports event contracts platform. The company achieved registration as both a Designated Contract Market and a Derivatives Clearing Organization. This status will allow Sporttrade to support direct-access traders, brokers, and external financial exchanges.
The Gambling Commission has estimated that 4% of online gamblers in Great Britain used illegal gambling websites over a 12-month period, according to findings from the latest Gambling Survey for Great Britain. The data, collected between April 2025 and April 2026, was published alongside an updated Illegal Gambling Data Dashboard tracking consumer engagement with unlicensed operators.
Nebraska voters have rejected Initiatives 440 and 441, defeating an effort to legalize and regulate online sports betting despite more than $20 million spent on the operator campaign. The constitutional amendment failed by a margin of 55% to 45%, according to unofficial election returns. As a result of the vote, sports wagering in the state remains strictly limited to in-person betting across five commercial casinos.
Canada's regulated iGaming landscape is poised for further provincial expansion, driven by policy shifts and strong regional performance. Quebec's newly elected government supports market regulation, while Alberta's launch is showing higher per-capita engagement than Ontario. These regional developments signal potential long-term growth across the broader Canadian market.
At SiGMA World Rome, industry executives and regulatory experts criticized Brazil's ban on online betting, warning that unlicensed operators are positioned to be the primary beneficiaries. Panelists questioned the political motivations behind the decision and evaluated the potential for re-establishing a fully regulated market in the country.