As prediction markets and event-based trading platforms expand globally, regulators in the UK are paying close attention to how these models fit within existing gambling laws. Platforms such as Kalshi, Polymarket, and even US fintech apps like Robinhood raise critical questions for the territory. Does trading or betting on political, financial, or sports events fall […]
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The UK’s regulatory landscape may be bracing for another shift as the Department for Culture, Media and Sport (DCMS) moves to shore up the Gambling Commission’s dwindling finances. With the regulator’s reserves currently being eroded by inflation and the heavy lifting required to implement White Paper reforms, a new consultation has been launched to bridge […]
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The UK Gambling Commission (UKGC) has initiated a formal review of Evolution Gaming’s operating license, signaling an intensifying regulatory environment for the gaming industry. The investigation centers on allegations that Evolution’s games were accessible in the UK through operators without the required UKGC licenses, raising critical questions about compliance practices. The UKGC’s investigation is part […]
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The Gambling Commission is the target of a legal action brought by the British publishing powerhouse Northern & Shell, owned by the media billionaire Richard Desmond. The lawsuit is based on allegations of improper management during the National Lottery licensing competition, which occurred after the commission denied Northern & Shell’s attempt to acquire the UK […]
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The government of Macau through the Secretary for Economy and Finance Lei Wai-nong, has recently issued a reminder regarding license renewal to the territory’s casino operators. Licenses for the existing casino operations were set to expire on June 26 but this is, thankfully, not going to be the case. The Macau gambling regulator’s announcement on […]
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Illinois has been very aggressive in its pursuit of a legal and regulated sports betting market. Recently, three more casinos in the state have been awarded temporary licenses from the Illinois Gaming Board. This comes amid preparations for the upcoming March Madness, which will be the very first one that sports bettors in the state […]
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A lot has happened with Pennsylvania and its sports betting industry. From bookmakers and casinos applying for a license en masse to quite a handful remaining at the fringes. However, this is set to change with the state’s latest surge in gaming and betting interest. Now, SugarHouse Casino in Philadelphia is also on its way […]
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