Donald Trump Jr. and prediction market operator Kalshi have mutually agreed to conclude his advisory role with the platform. The decision comes after a venture capital firm tied to the relationship increased its investment in competing platform Polymarket.
The Betting and Gaming Council has warned that unlicensed operators are projected to take £500 million in wagers over the current British jump racing season. The trade body highlighted independent data showing a surge in illegal online gambling traffic in the UK ahead of the Cheltenham Festival.
Brazil’s Supreme Court is preparing to resume its evaluation of the constitutionality surrounding the country's historic betting ban. Magistrates are currently weighing whether to conduct a joint hearing to settle various disputes involving sports betting rules, broader gambling legislation, and municipal lottery operations.
South African Trade Minister Parks Tau is considering whether to appeal a court ruling that struck down the award of the national lottery licence to Sizekhaya Holdings. During a parliamentary briefing on the matter, the lottery regulator disclosed that Sizekhaya's ticket sales have fallen well below its licensing bid forecasts.
Aristocrat CEO Trevor Croker has announced plans to retire from the company in April after spearheading its expansion into a leading global supplier. Dafne Guisard has been appointed as his successor to lead the gaming giant.
Codere Online posted a 31% year-on-year revenue increase for the third quarter, largely propelled by strong performance in Mexico. Despite the financial gains, CEO Aviv Sher maintained a conservative outlook due to shifting regulatory conditions in Spain and Colombia.
A US House subcommittee held a hearing to address rising rates of sports betting and problem gambling on college campuses nationwide. Discussions focused on developing policy solutions to mitigate collegiate athlete harassment, prevent match manipulation, and reduce excessive gambling among students.
KwaZulu-Natal has commenced public hearings regarding a proposed overhaul of its gaming and betting tax structure. Industry operators have raised concerns over the measure, warning that steep tax increases could jeopardize commercial viability and lead to business closures.
A suspected leak regarding the Ballon d’Or has placed renewed scrutiny on Europe’s fragmented regulatory landscape for prediction markets. The incident underscores existing enforcement gaps across European jurisdictions regarding non-sports betting and event wagering.
Sportradar has opened its Unified Odds Feed to distribute esports pricing from competitor data firms, including GRID. The technical integration enables sportsbook clients to select and customize their esports odds providers on a game-by-game basis.
The European Commission's draft Digital Fairness Act seeks to introduce tighter regulations on video game loot boxes and influencer-led gambling marketing. Proposed measures include mandatory odds disclosures, spending caps on paid loot boxes, youth protections against specific monetization mechanics, and the extension of advertising bans to influencers.
Operator Stake is shifting focus toward regulated expansion, with Latin America serving as a primary target for market entry. Management plans to adapt the brand's distinct marketing strategy and global profile to align with local compliance standards and licensing frameworks.
Colombian lawmakers have initiated debates over a government proposal to impose a 19% value-added tax on online gambling. Legislative leaders are facing a 16 December deadline to review and approve the financial measure.
Brazil's Senate President Davi Alcolumbre has extended Provisional Measure No. 1,394, which bans betting, for an additional 60 days. The extension occurred despite the relevant joint congressional committee having not yet met to review the measure.
Chile's Chamber of Deputies has approved curbs on online betting tax collection, triggering a fresh legislative debate over the industry's tax oversight. The decision sets the stage for further friction regarding how online gambling revenue should be handled in the national budget.
Accor and Hard Rock have finalized a global hotel partnership agreement. Under the arrangement, Hard Rock properties will gain direct access to Accor's international sales and distribution network.
Brazil's National Association of Games and Lotteries has identified more than 800 Instagram influencers promoting illegal betting platforms via its Legitbet monitoring system. According to the trade association, 73% of the flagged profiles hold audiences between 10,000 and 100,000 followers.
Egypt is incorporating its online betting crackdown into an upcoming Digital Safety Law, which is expected to reach Parliament within six weeks. The proposed legislation expands the scope of enforcement by directly targeting betting brokers and promoters.
The Uganda Gaming Operators Association has urged the government to reconsider a 15% withholding tax on player winnings, arguing that retail casinos cannot administer the deduction accurately. The trade body has proposed that land-based venues continue operating exclusively under the existing 30% gross gaming revenue tax framework.
Gibraltar is actively positioning itself as a central European jurisdiction for prediction markets, contrasting with neighboring markets that have blocked the vertical. During Europe's first prediction markets summit, the territory highlighted that two operators have already been authorized, with further approvals currently in development.
A Chilean Senate committee has backed an outright ban on online gambling, departing from previous plans to establish a formal regulatory framework. Lawmakers are currently evaluating legislative amendments that would replace licensing proposals with total prohibitions on internet betting.
Bally’s Corporation is managing several major development projects as third-quarter revenue expanded on the back of growth from Intralot. The company continues to navigate ongoing corporate initiatives ahead of the release of its full Q3 financial report.
European lottery operator Allwyn has announced plans to transition its sportsbook technology in-house and acquire full ownership of Instant Win Gaming (IWG). The strategic moves are designed to increase operational flexibility and streamline efficiency across its digital gaming portfolio.
The newly launched Gambling Policy Commission is facing scrutiny and industry backlash over its lobbying motives following its debut this week. Industry stakeholders have questioned the group's objectives, cautioning that the UK government’s 2023 white paper reforms must be allowed sufficient time to bed in.
Romania faces an estimated 80% reduction in retail gambling venues amid an intensifying licensing deadlock among local authorities. The potential wipeout stems from Emergency Government Ordinance No. 7/2026, which decentralized gambling approvals by granting licensing powers to municipal bodies.