Arijit Roul

Truist Securities experts shared careful but positive thoughts on DraftKings’ new prediction markets platform launch. They called this move important for strategy but legally unclear. DraftKings released its separate DraftKings Predictions app in 38 states on 19 December. This launch greatly increases the company’s possible reach. It adds access to about 30% of the US […]

Gambling participation, regulation of mandatory limits, advertising and research in the industry were all reported. Arno Rutte, the new Secretary of State for legal protection of the Netherlands, presented a few new studies to the Dutch parliament this week in order to give credit to the plans of the government to reform gambling. Amendments to […]

Norsk Tipping has been established to fix various failure points in complying with regulations and has been informed of the possible administrative penalty of the value of up to NOK1m (€83,924), after being subject to a supervisory audit by the Norwegian Gambling Authority (Lottstift). The regulator found that the state-owned gambling operator did not comply […]

Coinbase is also suing Michigan, Illinois, and Connecticut over being attacked by those states to establish regulatory jurisdiction in prediction markets as the cryptocurrency exchange gets ready to venture into that industry. The firm complained that the states are, or are threatening to exercise, enforcement measures against the prediction market operators in the absence of […]

All three main sectors showed increases in the New Jersey market. November brought $636.2 million in total gambling revenue for New Jersey. Last year’s November numbers fell 14.2% below this result, according to the New Jersey Division of Gaming Enforcement. October’s $611.1 million also trailed by 4.1% compared to November. Each of the three core […]

Parliament in Sri Lanka made changes to betting and gaming taxes official now. Speaker of Parliament Dr Jagath Wickramaratne certified the Betting and Gaming Levy (Amendment) Bill. Wednesday 18 December saw the Speaker announce this development in Parliament. He endorsed the certificate on the Bill on 17 December previously. The final constitutional step for the […]

Wednesday’s Senate Plenary meeting brought mixed results for gambling legislation. Thirty-six senators voted no, while twenty-eight supported urgent processing. Sports betting tax alterations passed quickly despite casino bill delays. Bill PL 2.234/2022 covers casinos, bingo halls, jogo do bicho, and horse race wagering. Standard legislative procedures remain in effect after urgency rejection. Final voting requires […]

Swedish gambling companies sent a letter to the finance ministry yesterday. The letter opposes different tax rates for different gambling types. December 15 marked the publication date of this important document. Thirteen chief executives signed the letter together. Entain, Betsson, and LeoVegas leaders joined the opposition group. ATG wants to lower the horse racing tax […]

Operators in Colombia waited nearly a year for this decision. The 19% VAT measure will end in just a few days. The Colombian Congress voted down the Financing Law yesterday. The law would have kept the 19% value-added tax on gambling forever. Last Tuesday brought defeat for the financing bill in the Senate’s Fourth Committee. […]

Politicians in Brazil gave betting companies breathing room this week. The controversial CIDE-Bets measure vote got pushed to 2026. Lawmakers postponed voting on the Antifaction Bill during Monday’s meeting. This bill contains a 15% tax on gambling deposits in Brazil. The delay affects PL 5,582/2025 legislation completely. Government and opposition parties both supported this postponement […]