Latest Articles

Bulgaria gambling advertising ban clears Council of Ministers and goes to Parliament
Bulgaria's Council of Ministers approved draft amendments on November 11 that would ban gambling advertising across TV, radio, print, online and outdoor media, alongside higher taxes and fees from 2027. Parliament still has to pass the package.

Chile online gambling ban backed by Senate committee as Brazil extends betting ban
A Chilean Senate committee approved two amendments that would ban online betting platforms outright, by three votes to one. In Brazil, Congress added 60 days to its own ban while the Supreme Court stopped lower courts from ruling on it.

Brazil betting ban: Supreme Court halts lower court challenges pending ruling
Justice Luiz Fux has paused lower court proceedings against Brazil's federal betting ban, so operators and bettors now wait on the Supreme Federal Court, or on Congress.

FanDuel ordered to Massachusetts proxy betting hearing over Bill Simmons wagers
The Massachusetts Gaming Commission voted unanimously to send FanDuel to an adjudicatory hearing over 22 proxy wagers worth $21,800 placed through Bill Simmons's account. Commissioners want to know how the operator allowed the bets and how it responded.

CFTC gives prediction markets 30 days to lift geofencing despite court orders
Registered prediction markets must remove domestic geofencing within 30 days or explain why they cannot, the CFTC said on Nov. 5. Courts in Nevada, Michigan, Washington and now California tribal lands have ordered the opposite.

Kalshi court ruling on prediction markets: Arkansas sues as Ninth Circuit denies rehearing
Arkansas sued Kalshi and VGW on November 4 over alleged illegal gambling, and the same day the Ninth Circuit refused to rehear Nevada's case against the prediction markets operator.

Flutter Q3 2026 results: third guidance cut as FanDuel EBITDA falls to $3m
The Flutter Q3 2026 results brought a third straight guidance cut, a $3 million FanDuel EBITDA and a $1.148 billion net loss after Brazil's market shut. Dan Taylor's first results as CEO came with leverage rising and buybacks on hold.

Italy 2027 budget raises gambling tax on slots and doubles maximum stakes
Italy's 2027 budget bill raises the PREU levy on slots to 25%, doubles the maximum slot stake to €2 and extends land-based concessions to 2029. Lottomatica's record online share arrives as its retail franchises report declines.

Spelinspektionen duel.com ban orders Immortal Snail out of Sweden
Sweden's regulator has banned Immortal Snail LLC from offering duel.com in the country after a follow-up check found Swedish and kronor still live on the site. The same day brought a second ban, against the company behind Ivibet, Hellspin and Slotsgem.

Brazil betting ban Supreme Court hearing set for 3 November with 28 entities
Brazil's Supreme Court has published the schedule and speaker list for its 3 November public hearing on the provisional measure that banned fixed-odds betting. Twenty-eight entities are due to testify.

Online poker cheating malware scandal may have cost players up to $4m
Winning Poker Network, which runs Americas Cardroom, says it found no sign across more than 2 million hands that anyone used knowledge of hole cards, and it has ruled out refunds even though it closed the suspect's account.

DraftKings, FanDuel and PrizePicks pull Utah prediction markets after Kalshi charges
DraftKings, FanDuel and PrizePicks have pulled sports and political contracts from Utah after the state charged Kalshi with 13 felonies. Fanatics stops trade placement there on Nov. 4, and Kalshi closed a $1bn round at a $40bn valuation the same week.
