Tag: Regulation

Federal court rules New Jersey can’t regulate prediction markets

7 April 2026 at 7:21am UTC-4
A US federal appeals court has ruled that New Jersey cannot block prediction market operator Kalshi from offering its event-based contracts to residents in the state. In a 2-1 ...

Louisiana bill banning prop bets pulled by sponsor

2 April 2026 at 7:42am UTC-4
A proposal to ban prop bets and live sports betting in Louisiana has failed after its sponsor agreed to defer it due to projected revenue losses. Senate Bill 354, introduced by ...

Albanese unveils long-awaited gambling ad reforms

2 April 2026 at 6:17am UTC-4
Australian Prime Minister Anthony Albanese has announced a package of gambling advertising reforms more than 1,000 days after a parliamentary report first called for an overhaul ...

Prediction markets run backlash risk, Jefferies analyst says

1 April 2026 at 3:39pm UTC-4
Although prediction markets have seen rapid adoption in the US, they court the peril of legal resistance and adverse court decisions in 2027. At present, they’re the ...
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Iowa advances bill to regulate prediction markets

1 April 2026 at 7:22am UTC-4
The Iowa Senate has passed a bill to regulate and tax online prediction market platforms, making it the first US legislative chamber to try to regulate the sector. Senators ...

US Senator slams Polymarket’s partnership with the MLB

1 April 2026 at 6:47am UTC-4
US Sen. Richard Blumenthal has condemned a partnership between Major League Baseball and prediction platform Polymarket, as Congress advanced measures to restrict the sector ...
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Advocacy group claims Americans view sports prediction markets as gambling

1 April 2026 at 6:32am UTC-4
Around four in five Americans consider sports prediction markets to be gambling, according to a poll conducted by Morning Consult on behalf of advocacy group Gambling is Not ...

New York Governor introduces reforms to curb underage gambling

31 March 2026 at 6:38am UTC-4
New York Gov. Kathy Hochul has proposed an update to gambling regulations to prevent underage sports betting and reduce gambling-related harm across the state. The new measures ...

Washington State Attorney General sues Kalshi

30 March 2026 at 7:50am UTC-4
Washington Attorney General Nick Brown has sued Kalshi, alleging the company is operating in violation of state gambling laws. The complaint, filed in King County Superior ...

Nepal orders shutdown of ibetting platforms

30 March 2026 at 7:46am UTC-4
Nepal’s Ministry of Communication and Information Technology has instructed authorities to shut down all ibetting sites within 24 hours after a Cabinet decision to curb illegal ...