Kalshi Goes Head-to-Head with Maryland as the High-Stakes Legal Showdown Over Prediction Markets Intensifies In a significant escalation of the ongoing legal and regulatory battle between state authorities and prediction market operators, Kalshi, a New York-based financial technology company, has filed a lawsuit against Maryland’s Lottery and Gaming Regulator. The lawsuit, lodged in the United […]

In the booming world of online sweepstakes gaming, legal storm clouds are gathering. At the center of the latest brewing battle is Canadian tech firm Blazesoft Ltd., a fast-growing operator behind some of the internet’s most recognizable social casino brands: Fortune Coins, Zula Casino, and Sportzino. What once seemed like a clever workaround to America’s […]

   As a result of a cyberattack by North Korean hackers in February this year, crypto exchange Bybit lost approximately $1.46 billion worth of ETH (8% of Bybit’s total reserves).    Bybit CEO Ben Zhou wrote on social media platform X that as of today, only 3.84% of the stolen amount has been frozen. The […]

The Dutch Gaming Authority (KSA) is taking a strong stance against illegal gambling operations. They recently fined Winbet NV for offering online gambling to Dutch players without a license. Winbet offered access through four websites: galaxyspins.com, winnercasino1.bet, superb1.bet, and doctorspins.com. The fine for Winbet matches a previous case and amounts to a hefty €280,000 per […]

A prominent Thai boxer, known as Sutthiwat, has been apprehended for promoting illegal online casinos on his Facebook page. The 30-year-old athlete, with a following of approximately 440,000, reportedly earned 1,500 Thai baht (roughly $45) for each post endorsing these gambling sites. Law enforcement agencies have been monitoring Sutthiwat’s social media activity for an extended […]

The Brazilian government is set to take a significant step in combating illegal gambling operations by blocking transfers to these operators through the Pix system. The Ministry of Finance has established a dedicated team to monitor and prevent such transactions, aiming to curb the widespread use of Pix for payments to online casinos and sportsbooks. […]

The arrest of the CEO of Esportes da Sorte, one of Brazil’s largest betting companies, has sent shockwaves through the industry. The CEO initially surrendered to authorities after an arrest warrant was issued. Strangely, Esportes da Sorte was not on the list of operators applying for a gambling license in Brazil. This, coupled with the […]

The Japanese National Police Agency (NPA) has launched its first investigation into an offshore casino operator, marking a significant escalation in the country’s crackdown on illegal gambling activities. Over the past year, Japanese law enforcement agencies have become increasingly proactive in their fight against illegal operators, employing aggressive tactics such as arrests and criminal prosecutions. […]

Kazakh authorities have intensified their efforts to combat illegal gambling activities, resulting in a significant number of website blocks and legal actions. Since the beginning of 2024, authorities have identified evidence of illegal gambling activity on 11,417 websites. Of these, 6,649 sites were blocked, while 1,961 became inaccessible. After thorough investigation, 1,353 sites were found […]

Bet365, a leading bookmaker, has been fined $33,000 by New Jersey regulators for allowing users to place bets on events that had already occurred or were in progress. A spokesman for the regulator stated that these violations had occurred multiple times. For instance, bettors were recently able to bet on a mixed martial arts fight […]