New York State Assembly faces a legislative proposal prohibiting various prediction markets. Assembly Bill 9251 covers sports outcomes, political events, and catastrophic incidents. Assembly Bill 9251 carries the name Oversight and Regulation of Activity for Contracts Linked to Events (ORACLE) Act. This legislation aims to define, regulate and restrict speculative market operations linked to future events. […]

The Medium-Term Budget Forecast (2026-2028) shows changes to the Gambling Act. The variable state licence fee portion climbs from 20% to 25%. Finance Ministry officials revealed tax hikes for [gambling] operators. These modifications appear in the Medium-Term Budget Forecast covering 2026-2028. Amendments target the Gambling Act’s two-part state fee structure. Variable components jump from 20% to 25% […]

PwC completed an analysis for the Betting and Gaming Council (BGC). Tighter regulation and higher taxes across European iGaming markets coincide with slower growth, declining channelisation, and reduced tax efficiency. October’s report examined 17 European jurisdictions comparable to the UK. Tax and regulatory policies influence market behaviour, player migration, and government revenues. The UK’s gambling tax […]

Google will soon show prediction data from Polymarket and Kalshi in search results, starting with Google Labs users. This will let people see the chances of future events based on market activity. Polymarket is worth about 9 billion dollars, and Kalshi is worth about 5 billion dollars with backing from big investors. Although Polymarket has […]

Atomic City, a slot game studio in India, is beginning to shut down. The parent company, g.games, has decided to focus on a new multiplayer project instead. The Head of Studio, Abhirup Mukherjee, shared that work at Atomic City is being paused and activities will slowly close. Mukherjee explained that the studio is not closing […]