Latest Articles
Polymarket hack drains estimated $2.7M from more than 700 accounts, trading halted an hour
Blockchain firm Bitquery estimates that a tampered third-party script drained about $2.73 million from 737 accounts on Polymarket's international exchange on Oct. 29. The platform says it will make affected traders whole, but has not confirmed the number of victims or the amount taken.
Spain gambling payment method verification AML rules take effect for all players
Licensed online operators in Spain must now prove that every card, bank account and e-wallet used to deposit or withdraw belongs to the account holder. Existing customers have until 28 April 2027.
Malta Gaming Authority scales back foreign licence reform as Dutch data shows limits
The MGA has dropped several planned changes to its Recognition Notice regime after industry pushback, while the Dutch regulator reports that licensed operators took 59% of gambling revenue even though 94% to 97% of players used legal sites.
UK Gambling Commission finds problem gambling seven times as common on illegal sites
New Gambling Commission research puts problem gambling rates among users of illegal online sites at seven times the licensed market's. The study cannot show cause, and it could not measure the black market's size.
L&L Europe Gambling Commission settlement hits £900,000 over withdrawal delays
The UK Gambling Commission found L&L Europe blocked second withdrawal requests and missed signs of harm across seven websites. The operator will pay £900,000 and says its controls have been rebuilt.
Flutter job cuts to hit up to 1,400 UK and Ireland roles as gambling tax rises
Flutter plans to cut up to 1,400 jobs across its UK and Ireland business, about 15% of local staff, and puts the cost of the restructuring at $80m to $90m. The company blames the April rise in remote gaming duty.
NBA player prop bets ban covers DraftKings and FanDuel, but not prediction markets
The NBA has told DraftKings and FanDuel to stop offering same-player under parlays and several prop markets ahead of Tuesday's season opener. Prediction markets sit outside the sportsbook agreements the league relies on.
Underdog files Tennessee prediction markets lawsuit against AG and wagering council
Underdog sued Tennessee in federal court on October 13, arguing that federal oversight of its event contracts overrides state betting law. A Sixth Circuit ruling from September stands in the way.
DraftKings Louisiana License Renewal Delayed as Regulators Probe AI Use
Louisiana's Gaming Control Board gave DraftKings a conditional license through Feb. 19, 2027 instead of a full renewal, with a hearing set for the day before it expires. Regulators want answers on AI, shareholder checks and responsible gambling marketing.
bet365 Sweden fine upheld as appeals court backs SEK 44m Hillside penalties
Sweden's Administrative Court of Appeal has dismissed Hillside's appeal, leaving in place a SEK 40m penalty on bet365's sports arm and SEK 4m on its gaming arm. The court agreed the operator failed on deposit limits and duty of care between 2019 and 2022.
New Zealand online casino licences a step closer as 11 operators win rights to apply
New Zealand's Department of Internal Affairs has named 11 operators that can apply for online casino licences, after an auction set the price at NZ$15 million per licence. Licences are expected in early 2027.
Stake Brazil court injunction overturned as TRF-3 blocks operator again
The Federal Regional Court of the 3rd Region has suspended the injunction that let Stake take bets in Brazil until 25 October, putting the operator back on the blackout list. More than 3,500 industry workers have already lost their jobs since Provisional Measure 1.394.