US Congressman Raises Alarm Over CNN and Kalshi Partnership

A US lawmaker has raised serious concerns about a partnership between CNN and the prediction market platform Kalshi, saying it could threaten markets and national security. Congressman Abe Hamadeh of Arizona wrote to Caroline Pham, the acting chair of the Commodity Futures Trading Commission CFTC, asking for urgent review of the deal. In his letter, […]

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Norsk Tipping Could Get a NOK1m Fine Due to AML Failings

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 […]

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Irish Lottery Regulator Accused of Downplaying Gambling Harm

Ireland’s Regulator of the National Lottery is under criticism after a new academic study said it does not properly recognise the risks linked to gambling. The research, carried out by academics from several Irish third-level institutions, reviewed all annual reports released by the regulator between 2014 and 2024. The study, published on the HRB National […]

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Coinbase Has Been Struck Three Times with Lawsuits Against Prediction Markets

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 […]

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Dutch regulator fines JOI Gaming over advertising breach

The Dutch gambling regulator, Kansspelautoriteit (KSA), has fined JOI Gaming €400,000 for breaking advertising rules. The fine is linked to promotions at Jack’s Racing Day in 2023, an event by the Jack’s brand. The KSA said the promotion used role models in ways that broke Dutch gambling rules. The decision is part of a larger […]

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Sri Lanka Parliament Passes Betting and Gaming Levy Changes

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 […]

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