Latest Articles
CFTC swap rule keeps sportsbook bets out of federal derivatives oversight
The CFTC has codified an interim rule stating that casino-style gambling products, including sportsbook wagers, are not swaps. A separate proposal would define event contracts, including sports and political markets, as swaps.
Finland hands MagicPoro first gambling prohibition under new gaming law
Finland's National Police Board has issued its first gambling prohibition since the 2025 gaming law, ordering Estonian operator MagicPoro to stop targeting Finnish players or face a EUR 1.2 million conditional fine.
AGU asks STF to declare Brazil betting laws unconstitutional as ban closes market
Brazil's Attorney General's Office has asked the Supreme Federal Court to declare the betting legalisation laws unconstitutional. Licensed operators must take their sites offline from 6 October, with refunds to bettors moving through the banks from 9 October.
Brazil betting ban: Central Bank blocks betting transactions
Brazil's Central Bank has ordered payment institutions to stop processing Pix and bank slip transfers to betting operators, one of the enforcement steps under Provisional Measure 1,394. Broadcasters have asked the Supreme Court to suspend the ban.
CFTC Sends Prediction Market Event Contract Rules to White House for Review
The CFTC has submitted two draft rules on event contracts to the White House for review, one to include event contracts in the swap definition and one to exclude casino-style gambling products. The filings land amid a circuit split and a Justice Department push to treat binary contracts as swaps.
OLG Hamm upholds online gambling losses refund in Germany as Betfair appeal fails
An appellate court in Hamm has rejected Betfair Casino's appeal against an order to repay a player's online gambling losses. The €40,855 refund stands, and the ruling answers key questions on limitation periods and player protection.
Brazil betting lawsuit targets 17 firms for at least R$1 billion
Brazil's Attorney General's Office has sued 17 betting companies in the Federal Court of Pernambuco, seeking at least R$1 billion in collective moral damages plus reimbursement of public health costs. Licensed betting sites face a block from October 6 while industry groups fight the ban at the Supreme Court.
Operators challenge Spain gambling regulation deposit limits and DGOJ algorithm
Spanish operators are resisting cross-operator deposit limits and a DGOJ algorithm to detect problem gambling, and a gaming lawyer says legal action is on the table. Jdigital doubts the reform can pass before the next election.
UK Gambling Commission gaming machine standards 2026 exclude existing Category B machines
The UK Gambling Commission has confirmed new technical standards for land-based gaming machines, with machines already in operation exempt from the changes. The revised session definition takes effect in March 2027, and new staff alert rules follow in October 2028.
Brazil betting ban: 415 new illegal betting sites logged in days
President Lula's provisional measure banned online betting on 25 September. Monitoring data shows hundreds of unlicensed domains appeared within two days, the same window in which the government blocked 506 sites.
Betting industry lobbies against MGD doubling ahead of UK gambling tax Autumn Budget 2026
The Betting and Gaming Council has opened a campaign against a possible doubling of Machine Games Duty in the Autumn Budget. Betfred and Entain warn of further shop closures, but the jobs figures in support of that case come from the industry itself.
Kalshi Sixth Circuit ruling: sports contracts are not swaps, Ohio and Tennessee can enforce
The Sixth Circuit rejected Kalshi's argument that its sports event contracts are federally regulated swaps, clearing Ohio and Tennessee to enforce their sports betting laws. New York's suit against Polymarket, and Polymarket's countersuit, landed the same week.