Sector: Affiliates

Kalshi and Polymarket hit record US$10 billion trading volume for November

2 December 2025 at 7:59am UTC-5
Kalshi and Polymarket have recorded an all-time high in trading volumes for November, reaching a combined figure of US$10 billion, according to data from The Block. The Block ...

Ontario hospital exec urges action on online gambling advertising ban

2 December 2025 at 7:43am UTC-5
A top Canadian mental health hospital executive has added his voice to calls for tighter restrictions on online sports gambling ads in the country. Bill Marra, the Chief ...

Philippine police make over 100 arrests at suspected offshore gambling hub

2 December 2025 at 7:31am UTC-5
Philippine police arrested 17 foreigners and 95 locals during a raid on a suspected offshore gaming operator hub in Taguig City on Monday night. The operation targeted the ...

Missouri launches sports betting today as prop wagers come under national scrutiny

1 December 2025 at 8:01am UTC-5
Missouri officially launched legal sports betting today, becoming the 39th state to do so as a wave of national scandals has shined a light on prop bets. Under the new rules ...
PayNearMe

South Korea now arresting gang members for illegal igaming and cybercrime more often than other crimes

1 December 2025 at 7:15am UTC-5
The Korean National Police Agency has reported that, for the first time, Korean gang members are being arrested more for online scams, including illegal igaming, rather than for ...

Why Penn Entertainment’s split from ESPN was inevitable

28 November 2025 at 10:46am UTC-5
Marketing firm Hot Paper Lantern's Chief Executive Ed Moed argues that ESPN failed to leverage its brand to differentiate ESPN Bet from other sportsbooks, leaving no other likely ...
GLI email

Costa Rican lawmakers urged to tighten gambling laws

28 November 2025 at 8:18am UTC-5
Costa Rican lawmakers are coming under heightened pressure to tighten the nation’s gambling laws by passing Bill 25.057, a long-awaited reform of the existing regulations ...

UAE lottery operator launches two online gambling platforms

28 November 2025 at 8:05am UTC-5
Momentum, which operates the UAE’s only licensed lottery, has launched two online gambling platforms, TrueWin and Dream Island. According to Arabian Gulf Business Insight ...
G2E web email

Indian authorities arrest gambling executives over money laundering

28 November 2025 at 7:24am UTC-5
India’s financial crime unit, the Enforcement Directorate, has arrested Saumya Singh Rathore and Paavan Nanda, founders of esports platform Winzo, for operating an illegal ...

Kalshi accused of providing ‘illegal sports betting’ in nationwide class action

28 November 2025 at 7:16am UTC-5
Prediction platform Kalshi is facing a nationwide class-action lawsuit accusing it of operating what plaintiffs deem an unlawful sports betting service. A complaint has been ...

Prediction markets expected to win big from Thanksgiving NFL matchups

28 November 2025 at 6:55am UTC-5
Investment bank Piper Sandler expects trading volume on prediction markets to surge in November, with volume on Kalshi and Polymarket projected to reach approximately US$10 ...

PAGCOR Chairman commends Philippine licensees for resilience amid tightening regulation

27 November 2025 at 6:27am UTC-5
PAGCOR Chairman and Chief Executive Alejandro H. Tengco has commended Philippine licensed operators for their resilience and willingness to comply with more stringent rules ...

Robinhood partners with Susquehanna to expand prediction market offerings

27 November 2025 at 5:11am UTC-5
Trading platform Robinhood has announced it will expand its prediction market offerings through a partnership with global trading technology firm Susquehanna.  The ...

MGM Resorts President Bill Hornbuckle thanks Nevada for prediction market clarity

26 November 2025 at 7:30am UTC-5
After sportsbook operators DraftKings and FanDuel withdrew from Nevada earlier in the month, MGM Resorts International Chief Executive Bill Hornbuckle thanked the Nevada Gaming ...

Federal judge rules against Kalshi in Nevada

26 November 2025 at 7:11am UTC-5
A federal judge in Nevada has ruled against predictions market company Kalshi, clearing the way for state gaming regulators to pursue enforcement actions against it. As ...