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A Commodity Futures Trading Commission (CFTC) filing provides an insight into prediction market Kalshi, as it could offer fee rebates to sportsbooks that lay off risk on its platform.
The document was submitted on Saturday, February 7, and it acts as a notice to the CFTC that the company is implementing a ‘Sportsbook Hedging Rebate Program’ on or after February 23.
New filing from @Kalshi...
Nevada Representative Dina Titus has introduced new federal bill in a bid to strengthen oversight of sports-related prediction markets. The proposal reflects growing concern that certain platforms may be operating in regulatory gray areas.
In a recent post on X, Rep. Titus expressed concern that some prediction market operators are exploiting loopholes in federal and state law. She argues...
The attorney general of Pennsylvania announced on Monday (February 9) that a Schuylkill County novelty game company has admitted guilt in what prosecutors describe as a sweeping illegal gambling operation that reached far beyond its home base. At the center of the case is Deibler Brothers Novelty Company, which authorities say placed and operated hundreds of unlawful video gambling machines...
After the San Pablo Lytton Casino called the police on a banned casino guest, the individual later died in police custody.
The California-based San Pablo Lytton Casino called the San Pablo Police Department at 10.44pm on Saturday, February 7, to report a banned casino guest who was refusing to leave the property. According to a report shared to Facebook by the police department, casino...
New research from the University of Sheffield suggests that existing UK gambling ad rules may not go far enough to protect soccer fans and vulnerable viewers from gambling ads and increased betting, especially as attention builds ahead of the 2026 FIFA World Cup.
The study, published in Addictive Behaviors Reports and titled “The effect of television advertising on gambling behaviour: a quasi...
Kalshi users have been left outraged after a decision from the prediction market regarding Cardi B’s Super Bowl appearance.
At least one Commodity Futures Trading Commission (CFTC) has reportedly been filed after Kalshi’s controversial Super Bowl LX decision. Prediction market expert Dustin Gouker has shared that at least one person has filed a formal complaint to the CFTC. This may spark a...
Prediction market Polymarket has filed a lawsuit to stave off Massachusetts restrictions on its operations.
Polymarket argues that it doesn’t fall under the jurisdiction of Massachusetts officials, as it claims that prediction markets are governed on a national level by the Commodity Futures Trading Commission (CFTC) rather than local gambling laws. The lawsuit names Massachusetts Attorney...
The Betting and Gaming Council has been among those reflecting on the departure of UK Gambling Commission chief executive Andrew Rhodes, following confirmation that he will step down from the role on April 30, 2026.
Reacting to the news, Grainne Hurst, Chief Executive of the Betting and Gaming Council, thanked Rhodes for his approach during a period of major change for the sector: “On behalf...
The gambling watchdog of Isle of Man has hit a former online betting company with a £200,000 ($273,000) penalty after an inspection exposed deep flaws in its anti-money-laundering (AML) controls.
The action was announced on Friday (February 6), when the Gambling Supervision Commission published the results of an enforcement investigation into Shelgeyr Limited.
Shelgeyr operated under an...
The Dutch gambling watchdog has formally contacted One Casino and bet365 after discovering that both companies briefly offered betting markets that are banned under national law. The Kansspelautoriteit, known as the Ksa, confirmed the action in a statement released on Friday (February 6).
At the center of the issue were wagers tied to soccer matches involving players under the age of 21....