Sri Lanka’s Gambling Regulatory Authority has established a December 31 deadline to introduce new regulations governing land-based casinos and online gambling. The measure follows scrutiny from Parliament’s Committee on Public Finance regarding uncollected tax revenues and the prevalence of unregulated foreign-linked online platforms. The finalized framework aims to strengthen state oversight and recover missing revenue across the domestic market.
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The Nevis Online Gaming Authority (NOGA) has introduced a dedicated prediction markets licensing framework as part of its suite of regulatory services. The new regime permits operators to obtain B2B and B2C licences to serve international markets, while local residents remain prohibited from participating in iGaming activities.
New research from the UK Gambling Commission indicates that bettors who repeatedly gamble with unlicensed operators also continue to engage with licensed platforms. The findings challenge long-standing assumptions within both the regulatory body and the broader industry regarding consumer behavior in the black market.
DraftKings, FanDuel, Fanatics, and PrizePicks are scaling back their prediction market offerings in Utah across sports, political, and novelty event contracts. The decision follows the state's move to file 14 criminal charges against rival platform Kalshi, intensifying legal scrutiny around sports event contracts.
Voters across Nebraska, Indiana, and Virginia are casting ballots on several key gambling measures, including an online sports betting referendum in Nebraska backed heavily by DraftKings and FanDuel. The ballots also feature proposals to authorize a $500 million casino development and expand horse racing wagering facilities.
Nova Scotia's government is monitoring regulated online gambling frameworks in Ontario and Alberta as it evaluates potential changes to its own market. Provincial Finance Minister John Lohr noted that gaming is experiencing significant transformation, while opposition leaders have urged caution and called for a public health review.