Prediction markets will transform into mainstream financial tools as institutions adopt this asset class beyond speculation. Citizens released a new report stating this conclusion. Citizens’ estimates predict market revenues approach $2bn run rate through per contract fees currently. Monthly volumes reach approximately $10bn across major platforms, including Kalshi and Polymarket. Analysts forecast this could multiply […]
Kalshi Announces Prediction Markets Coalition Trade Organisation
December 17, 2025Tarek Mansour, Kalshi CEO and co-founder, revealed the Coalition for Prediction Markets launch with Coinbase, Crypto.com, Robinhood, and Underdog. X platform hosted the announcement, where Mansour described the group as a defence against lobbying interests blocking sector growth. Prediction market operators now have a unified voice through this coalition defending transparency, market integrity, and customer […]
Philippines Authority: Q3 GGR Drop Shows ‘Short-Term’ Effect of Improved Compliance
December 15, 2025Philippine Amusement and Gaming Corp’s Alejandro Tengco links softer Q3 revenues to enhanced RG measures. Better safeguards created inevitable revenue consequences. Alejandro Tengco spoke at G2E Asia @ the Philippines regarding gaming revenue patterns. Softer third-quarter gaming revenues stemmed from heightened consumer protections, according to the Philippine Amusement and Gaming Corp. Wednesday’s keynote address detailed […]
The NCAA Prohibits ex-USF Guard Marcus Williams from Betting
December 15, 2025The NCAA declared former University of San Francisco basketball player Marcus Williams permanently ineligible following the discovery of sports betting violations. Investigators found multiple infractions, including inside information sharing and false statement provision during the inquiry. National concerns about betting-related misconduct in college sport deepen with this case development. The NCAA’s recent decision maintains its […]
UK open banking data shows one in four online gamblers will activate financial risk assessments. The Gambling Commission requires these checks starting in February 2025. This finding demonstrates implementation challenges for the new regulation. ScienceDirect published the research examining 243,478 UK gamblers’ bank transactions. Operators must perform “light-touch” checks when customers lose over £150. This […]
GambleAware Study Shows Youth Gambling Increase, Research Gaps
December 12, 2025Britain faces growing youth gambling problems, according to new national data. Children and young people lack protection despite regulatory promises lasting years. Public health warnings failed to create sufficient safeguards. GambleAware published their Gambling Harms and Young People in Great Britain report. Gambling Commission figures reveal 30% of 11-17-year-olds gambled. Young people spend their own money […]
DraftKings Receives $32.5K Fine from New Jersey Gaming Officials
December 12, 2025NJDGE hit DraftKings with $32,500 in penalties this week. Violations included taking bets on completed games and forbidden markets. The Press of Atlantic City broke the story today. Customers placed wagers when outcomes were already decided. Rutgers games appeared on the platform illegally. Several markets displayed wrong participant information throughout November. The operator voided problematic […]
EU Starts Competition Investigation Against Google AI Practices
December 12, 2025The European Commission began an antitrust probe targeting Google’s AI content usage. Traffic losses hit affiliates after Google implemented these AI features. The executive branch examines whether Google violated competition rules through content usage. Web publishers’ material and YouTube uploads power Google’s AI purposes. Google scrapes web content to generate query summaries atop search pages. Publishers, […]
This action increases pressure while prediction markets, including Kalshi and Polymarket, grow and encounter multiple state lawsuits and tribal opposition. Louisiana gaming regulators became the newest state authority commenting on prediction markets through their recent advisory declaring sports event contracts equal sports betting under state legislation. Christopher Hebert, Louisiana Gaming Control Board chair, distributed the letter last […]
Banks that invest money raise what they think will happen in 2025 and 2026, since visitors spend more. Macau casino revenue recovery should beat earlier predictions, say multiple investment banks who increased their projections for the sector, according to Macao Daily reporting. These revisions happened because gaming revenue exceeded expectations in the year’s second half, thanks to better […]
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