Articles by Arijit Roul
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Arizona Files Criminal Charges Against Kalshi Over Alleged Illegal Gambling and Election Betting
Arizona filed 20 misdemeanour charges against Kalshi, making this the first criminal action any state has taken against the prediction market platform.…
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ACMA Strengthens Crackdown on Illegal Online Gambling Websites in Australia
The Aussie authorities are cracking down even harder on online gambling sites that break the Interactive Gambling Act 2001 and this time…
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Polymarket Opens ‘Situation Room’ Bar in Washington, D.C.
Polymarket plans to open "The Situation Room" bar in Washington, D.C. this week, with Friday marking the official launch date. Live feeds…
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Argentina Applies Nationwide Ban on Polymarket
Argentina blocked Polymarket over illegal gambling and missing safeguards. Authorities restricted access and removed apps after inflation data concerns appeared. The move…
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Dutch Government Advances Gambling Reform with Full Revenue Penalties
Lawmakers propose full revenue fines and stronger control over illegal gambling. The plan includes advertising bans and longer exclusion periods for players.…
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Goa Casino Revenue Hits ₹1,749 Crore Over Five-Year Span
Goa government takes home more than ₹1,749 crore from casinos starting April 2021 and running to February 2026 whereas peak collection occurs…
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Bally’s Hits USD 2.68bn Revenue in 2025 as Online Surge Calms Land-Based Worries
Bally’s reported FY2025 revenue at USD 2.68bn, matching the previous year on a comparable basis, which brings a sense of balance despite…
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Minnesota Moves to Restrict Prediction Markets and Sweepstakes Gambling Under Legal Pressure
Prediction markets now open ways for wagering on sports, politics, and personal events, creating a sense of pull where sports betting still…
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Soft2Bet Targets Alberta Market Entry Amid iGaming Expansion Plans
Soft2Bet plans entry into the Alberta market after regulatory approval, and this step forms part of its 2026 expansion strategy with clear…
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Belgium Authorities Investigate Eden Hazard Over Stake Gambling Role
Belgian authorities have got their eyes on Eden Hazard after he stepped up as a global ambassador for online casino Stake, which…
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Kjerulf Ainsworth Unveils New Bid for 5.5% Stake in Ainsworth Game Technology
Kjerulf Ainsworth placed a proportional takeover bid to purchase 5.5% of Ainsworth Game Technology ordinary shares with payment set at A$1.30 for…
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GCash Cuts Off 3,200+ Merchants Involved in Illegal Gambling and Scams
GCash blocked more than 3,200 merchants on its platform after links appeared between these merchants and illegal gambling services and scam operations.…
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Gambling.com Financial Results Show Revenue Growth During Shift Toward Sports Data and Subscription Model
Gambling.com has reported paying income of one hundred and sixty-five million dollars in the entire year 2025, generating a growth of nearly…
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Betsson reaches €64.5M agreement for Rhino Entertainment Canadian iGaming operations
Betsson will purchase Rhino Entertainment Group's licensed Canadian B2C iGaming business and technology assets for €64.5 million as part of market expansion…
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Agreement Between SEC and CFTC Aligns Financial Market and Digital Asset Regulation
Relief spread across financial oversight circles when the SEC and CFTC signed a memorandum of understanding strengthening coordination across US markets and…
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Fertitta Takes Lead With $7bn Caesars Entertainment Takeover Proposal
Fertitta Entertainment negotiates a takeover of Caesars Entertainment valued at nearly $7 billion with an offer of around $34 per share. The…
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Ohio Court Blocks Kalshi Injunction and Keeps State Gambling Rules in Place
An Ohio federal judge refused Kalshi’s request for a preliminary injunction and allowed the state to enforce sports gambling laws against the…
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South Africa Plan 20% Online Gambling Tax Brings Strong Industry Reaction
The South African government plans a 20% national tax on gross gambling revenue from online betting operators, showing a push to reduce…
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Dutch Gambling Authority Imposes Record Fine on Novatech
The Dutch regulator imposed a €24.8m fine on Novatech and about €1.8m on Fortaprime after unlicensed gambling reached players across the Netherlands.…
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Kalshi and Polymarket Begin Talks for $20 Billion Capital Rounds
Kalshi and Polymarket explore fundraising rounds that may value each company near twenty billion dollars, almost double the levels reported near the…