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Regulated B2B sportsbook supplier Kambi reported Q1 2026 EBITDA up 63.5% on the year. CEO Werner Bercher repeated his assertion that the entire 2026 FIFA World Cup will be priced and risk-managed by its AI trading system, with a new data point supporting his statement – Q1 bet automation is already at 60% across the … Read more
U.S. Army Master Sergeant Gannon Ken Van Dyke pleaded not guilty Tuesday to five federal charges over a series of Polymarket bets that turned $33,000 into more than $404,000, in what prosecutors describe as the first insider-trading case ever filed against a prediction-markets trader. Key Takeaways: Van Dyke pleads not guilty to five federal charges … Read more
Warren Buffett used his first sit-down interview since stepping down as Berkshire Hathaway CEO to bundle prediction markets, legalized sports betting, and day trading into a single critique, calling state-sponsored gambling a “tax on stupidity” that quietly subsidizes wealthy Americans – a take which is now receiving renewed attention on social media, having been originally … Read more
Brazilian stock exchange B3 is launching six “Event Contracts” today, including instruments tied to bitcoin price movements. The country’s first federally regulated prediction market comes three days after the National Monetary Council prohibited derivatives based on sports, political, and entertainment events, while explicitly preserving the financial-asset category B3’s contracts fall under. Key Takeaways: B3 launches … Read more
An April 23 non-binding opinion from an Advocate General of the Court of Justice of the European Union has found Malta’s Bill 55 incompatible with EU law, marking the second significant setback for the country’s iGaming protection regime in just over a week. Key Takeaways: AG Emiliou found Malta’s Bill 55 incompatible with the EU’s … Read more
Illinois Governor JB Pritzker has signed an executive order prohibiting state employees from using nonpublic information to participate in prediction markets and event-based contracts. The order arrives while Illinois contests a federal lawsuit filed by the Commodity Futures Trading Commission (CFTC) seeking to block state enforcement against CFTC-registered prediction market operators. Key Takeaways: Illinois EO … Read more
An Ontario Liberal MPP introduced the Stop Harmful Gambling Advertising Act, a bill that would prohibit licensed online gambling operators and their marketing partners from advertising to Ontario residents. Ontario became the first Canadian province to introduce a privatized iGaming market in 2022, and the only one to date, with Alberta set to follow suit … Read more
New research from the World Advertising Research Center, published April 21, suggests that the UK’s black-market operators will outpace the regulated market in advertising spending in the next year and a half. The forecast lands one day ahead of a scheduled Westminster Hall debate on gambling advertising in Parliament, where MPs are expected to examine … Read more
Three separate proceedings have been filed in the High Court at Auckland against bet365, Super Group, and Skycity over online gambling operations offered to New Zealand residents. Key Takeaways: Three NZ High Court proceedings filed against bet365, Super Group, and Skycity. Skycity class-action claim covers February 2020- 2026 player losses. Bet365 formally objects to New … Read more
UK-based bet365 launched its sportsbook and online casino in Michigan on April 17, becoming the 17th U.S. state where the operator offers sports betting. This cements its position as the most geographically aggressive European entrant into the post-PASPA American market. Key Takeaways: Bet365 went live in Michigan on April 17 as the 17th U.S. state … Read more