CasinoCity Times

    AGCO penalizes Betty Gaming $120,000

    The Alcohol and Gaming Commission of Ontario (AGCO) has issued a $120,000 penalty to Betty Gaming for compliance failures that allowed underage individuals to create accounts, deposit funds, and gamble on its Betty.ca platform. This action highlights the regulator's strict stance on responsible gaming and age verification protocols.

    BreakingRegulatory

    CFTC intervenes after New York targets KalshiEX

    The Commodity Futures Trading Commission (CFTC) has intervened in the lawsuit filed by New York Attorney General Letitia James against KalshiEX, a platform offering event contracts. The CFTC stated its actions are aimed at protecting the stability of the national derivatives market, indicating a federal-level interest in the classification and regulation of such products amidst state-level challenges.