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Kalshi's valuation surpasses $2 billion, igniting a new trend in the "prediction market" with its fundraising.

Kalshi's valuation surpasses $2 billion, igniting a new trend in the "prediction market" with its fundraising.

The American prediction market platform Kalshi recently completed a new Series C funding round, raising a substantial $185 million, which boosted its valuation to $2 billion, making it one of the most notable "unicorns" in the field. This funding round was led by Paradigm, a venture capital firm foc

28like·0commentA week ago
Peru cracks down on illegal gambling market, regulatory effectiveness is significant, illegal online gambling supply reduced by 40%

Peru cracks down on illegal gambling market, regulatory effectiveness is significant, illegal online gambling supply reduced by 40%

The Ministry of Foreign Trade and Tourism of Peru (Mincetur) recently announced that since the implementation of the online gambling regulation law No. 31557, the supply of illegal online gambling in the country has decreased by 40%. This significant achievement is due to the strong measures taken b

28like·0comment05-11
The Michigan Gaming Control Board (MGCB) will shut down 13 illegal gambling websites.

The Michigan Gaming Control Board (MGCB) will shut down 13 illegal gambling websites.

The Michigan Gaming Control Board (MGCB) has taken action against 13 illegal offshore gambling websites that involve Michigan residents and do not hold a valid state gambling license. These websites include Captain Jack Casino, Casino Brango, and Ducky Luck Casino, whose operations violate Michigan'

25like·0comment04-15
Northern Ireland Professional Footballers' Association (PFA NI) partners with Gamban

Northern Ireland Professional Footballers' Association (PFA NI) partners with Gamban

The Professional Footballers' Association of Northern Ireland (PFA NI) has announced a new partnership with gambling blocking software provider Gamban.This collaboration aims to enable association members to use problem gambling support tools provided by Gamban, an organization committed to combatin

33like·0comment04-15
The Danish Gambling Authority collaborates with Twitch to intensify the crackdown on illegal gambling.

The Danish Gambling Authority collaborates with Twitch to intensify the crackdown on illegal gambling.

The Danish Gambling Authority has released its 2024 report, detailing its measures to combat illegal gambling in Denmark.Each year, the Danish Gambling Authority outlines its enforcement actions and clarifies the legal framework for gambling in Denmark.In 2024, the agency expanded its regulatory sco

30like·0comment03-22
The Tax Administration Service of Mexico imposes historic tax debt on casino operator.

The Tax Administration Service of Mexico imposes historic tax debt on casino operator.

The debt faced by Atracciones y Emociones Vallarta includes updates and fines, and is the highest recorded in the betting sector.Mexico.- Atracciones y Emociones Vallarta (AEV), one of the main casino operators in Mexico, is facing a historic tax debt of MX$2.892m (USD 140.6m), imposed by the Tax Ad

29like·0comment02-03
How to prepare for 2025: Slotegrator’s tips for operators

How to prepare for 2025: Slotegrator’s tips for operators

Slotegrator is a B2B gambling solutions provider with over 12 years on the market. In this analysis, the company discusses the opportunities and challenges of 2025 and collects tips for operators. Every year is different in such a rapidly developing industry. Gambling is sensitive to the newest tech

30like·0comment01-19
Singapore strengthens online gambling regulation, banning access to blockchain prediction platform Polymarket.

Singapore strengthens online gambling regulation, banning access to blockchain prediction platform Polymarket.

As part of its ongoing efforts to regulate online gambling activities, Singapore has joined the growing list of countries restricting access to the blockchain-based prediction trading platform Polymarket.The Singapore Gambling Regulatory Authority (GRA) has declared the platform illegal, and violati

32like·0comment01-16
Bets insist, but the Treasury does not want to reopen the deadline for companies to operate before being regulated.

Bets insist, but the Treasury does not want to reopen the deadline for companies to operate before being regulated.

The decision of Minister André Mendonça, from the Supreme Federal Court (STF), which banned the national operation of sports betting companies authorized by Loterj, has increased pressure on the federal government from these companies. They want the deadline to be reopened so that they can operate

25like·0comment01-14
Sports Betting in Brazil: Creation of "Inter-Secretariat Working Group" to Monitor the Sector

Sports Betting in Brazil: Creation of "Inter-Secretariat Working Group" to Monitor the Sector

The new regulatory body will include officials from the Secretary of Awards and Betting and the Secretary of Federal Revenues.Brazil.- Through the signing of a joint Ordinance between the Secretary of Awards and Betting (SPA) and the Secretary of Federal Revenues (Receita Federal), the Inter-Secreta

28like·0comment01-09
NSX Group celebrates new regulatory milestone betting on a promising future for the Brazilian market

NSX Group celebrates new regulatory milestone betting on a promising future for the Brazilian market

In the historical context of the sector in Brazil, the NSX Group celebrates the acquisition of the definitive official license to operate sports betting through its benchmark brands in the local market, Betnacional and Mr. Jack.bet. In this way, it consolidates its position as a leader in the segmen

29like·0comment01-06
Blocking of illegal platforms in Brazil: Anatel again requested an expansion of its powers

Blocking of illegal platforms in Brazil: Anatel again requested an expansion of its powers

The superintendent of Agency Supervision, Gesilea Fonseca Teles, reiterated the request for the agency to have greater powers in order to ensure the correct blocking of illegal sites.Brazil.- During the hearing of the Parliamentary Commission of Inquiry (CPI) on Betting, Gesilea Fonseca Teles, super

32like·0comment2024-12-19
The rise of online gambling in Japan, a key factor in the popularity of online casinos is convenience.

The rise of online gambling in Japan, a key factor in the popularity of online casinos is convenience.

In recent years, the popularity of online gambling has surged globally, and Japan is no exception. As one of the most technologically advanced countries, Japan has seen a sharp increase in digital entertainment, and online casinos have quickly established a foothold.While traditional land-based gamb

25like·0comment2024-11-29
Philippine senators express concerns over loopholes in the POGO closure order, urging the advancement of the bill.

Philippine senators express concerns over loopholes in the POGO closure order, urging the advancement of the bill.

Philippine Senator Risa Hontiveros warned that President Ferdinand Marcos Jr.'s recent order to shut down Philippine Offshore Gaming Operators (POGO) might have significant loopholes.Hontiveros pointed out that the Executive Order (EO) did not explicitly include all institutions, especially those no

24like·0comment2024-11-11
The Colombian national gambling regulatory authority Coljuegos has proposed a new draft resolution to strengthen its gambling standards.

The Colombian national gambling regulatory authority Coljuegos has proposed a new draft resolution to strengthen its gambling standards.

The Colombian national gambling regulatory authority, Coljuegos, has proposed a new draft resolution focusing on responsible gambling standards for national operators. This proposed regulation aims to address previous regulatory shortcomings.Protecting PlayersThe draft resolution is formulated aroun

0like·0comment2024-11-08
ACMA issues formal warnings to unlicensed gambling operators, targeting three online gambling platforms.

ACMA issues formal warnings to unlicensed gambling operators, targeting three online gambling platforms.

The Australian Communications and Media Authority (ACMA) recently issued formal warnings to three international gambling service providers – SlotCatalog, Lucky Block, and Rooli – for violating the Interactive Gambling Act (IGA) of 2001.Investigations revealed that each operator was providing unlicen

0like·0comment2024-11-05
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