Yurii Berest of DATA.BET discusses the evolution of prediction markets. He provides insights into their growth, arguing for their recognition as a standalone vertical within the iGaming industry, and forecasts their future trajectory.
The ACMA has issued its first interpretive guidance regarding Australia's upcoming ban on notable people in gambling advertisements. This guidance outlines how the regulator will enforce the prohibition on athletes, celebrities, and influencers in ads, effective January 1, 2027.
Labour MPs are advocating for increased taxation on Category B machines. This call comes amidst growing speculation about the impact of the Autumn Budget on the UK's land-based gambling sector.
The PA has agreed to acquire RAS Technology, the owner of Racing and Sports. This move will see the UK news group integrate the ASX-listed racing data supplier with its Podium betting data business, expanding into the Australian wagering market.
A potential machine-tax increase in the upcoming 28 October budget could significantly impact Britain's adult gaming centres. This comes as these centres have seen growth following the closure of betting shops.
Prediction markets are observing significant trading activity related to the 2026 US midterm elections, with volume approaching $1 billion. This reflects a substantial increase in interest and engagement on election contracts within these markets.
The Playa has launched a new intelligence platform designed to streamline VIP management for iGaming operators. This tool aims to help operators identify, manage, and retain high-value players, addressing a previous issue of outdated systems for VIP management.
Genting expresses strong interest in further investment within the UK market but is cautious due to the potential looming hike in Machine Games Duty (MGD). UK casino operators also warn that further reforms could negatively impact businesses, as current land-based reforms are still in effect.
A major South Korean gambling investigation has gained momentum after arrests in the UAE exposed the massive scale of an alleged international betting network.
Gabon's gambling monopoly, La Gabonaise des Jeux (GDJ), is facing scrutiny regarding its fees, transparency, and control. Over six months after existing permissions expired, GDJ has not publicly disclosed the conclusion of its selection process for private online betting operators.
A long-anticipated casino in Cedar Rapids, Iowa, is set to open next month. This will be the 20th casino in Iowa, debuting after more than a decade of development efforts.
Wildz Group has announced its approval for Finland's first online gambling license, becoming the initial operator to confirm such approval. This comes as Finland moves towards market liberalization, with up to 75 license applications submitted by the end of September.
RedCore, an international business group, develops its own proprietary technologies for the complex infrastructure of high-load businesses. This includes managing transactions, messages, and user verification, drawing on over a decade of industry experience.
Entain CEO Stella David anticipates that the Brazilian market will eventually reopen for betting operations. She confirmed that Entain is prepared to re-enter the market once it becomes available.
A Swedish appeals court has affirmed fines and warnings issued against the operator of Bet365. The ruling cited delays and inconsistent intervention in cases involving problematic players as key reasons for upholding the penalties.
Rank's CEO stated that a rise in Machine Games Duty (MGD) would compromise venue viability, despite the company's strong start to the financial year. Mecca bingo halls saw a 3% decline in visits, while Rank's Spanish subsidiary reported a 7% like-for-like net revenue increase.
The sector is debating the most effective argument against potential Machine Games Duty (MGD) hike threats, which could significantly impact the UK's gambling high street. Concerns are rising that internal divisions between bookmakers and adult gaming centers might weaken their collective stance against higher taxes.
Pennsylvania skill games are now illegal as the legislation deadline has expired. Local businesses across the state are reporting a loss of revenue due to these machines being prohibited.
Jalen Smith, a fixer in a college basketball scandal, has received a six-year prison sentence. Prosecutors aim to deter point shaving with this lengthy sentence as sports betting trials commence.
Sun International has unveiled a responsible gambling charter that introduces new advertising restrictions. These commitments include implementing voluntary watersheds on the company's advertising content.
Matchbook has completed its acquisition of rival betting exchange Betdaq. This merger combines two established betting exchanges as peer-to-peer betting and prediction markets experience global growth.
Finland is threatening €1.2 million fines as part of a crackdown on illegal gambling marketing. The National Police Board emphasized that the fines are intended to reinforce compliance rather than to punish.
The new PCC chief states that the Voluntary Code will become a 'kite mark' for prize draw M&A. Tom Banks indicated that the trade body seeks to maintain open relationships with the DCMS and HMRC to ensure a smooth regulatory process as the prize draw sector expands.
Andrii Savyntsev from ICONIC21 discusses how AI is creating a new category of casino games. Conversational AI is opening a space between traditional RNG and live casino offerings, though human dealers are not expected to be replaced soon.
The headline poses a question regarding SCOTUS involvement in a prediction markets case, following the CFTC's proposed rules on swaps. This development occurs after an appellate court categorized sports event contracts as wagers on sports, with the CFTC now aiming to broaden the definition of swaps to include these derivatives.