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gambling regulators
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- 1
New York authorities have filed a lawsuit against Polymarket, the prediction-markets platform, alleging its operations amount to illegal gambling. The suit argues that betting on event outcomes offered by Polymarket falls under state gambling law, putting one of the most prominent prediction-market companies at legal risk. The case could shape how event-based markets are regulated in the United States and how such platforms operate going forward.
- 2Casino Secrets leak exposes offshore gambling industry▼Vast Casino Secrets leak exposes inner workings of offshore gambling firms
A large-scale leak known as Casino Secrets has revealed the inner workings of offshore gambling firms, according to The Guardian. The material is expected to shed light on how these companies operate across borders, including licensing, ownership and financial practices that have largely stayed hidden from regulators and the public.
- 3New York Sues Polymarket Over Illegal Gambling●New York State Sue Polymarket for Running Illegal Gambling Operation
New York Governor Kathy Hochul and Attorney General Letitia James have announced a lawsuit against Polymarket, accusing the prediction-markets platform of operating an illegal gambling business in the state. The action escalates US regulatory pressure on the fast-growing betting marketplace, which lets users wager on elections, sports and current events, and raises fresh questions about its legal standing in America.
- 4Reporter Puts DraftKings Gambling Safeguards to the Test●Reporter tests DraftKings gambling safeguards
A reporter has tested the player-protection measures that DraftKings, one of the largest US sports betting operators, says it has in place to guard against problem gambling. The findings are prompting discussion about how effective self-exclusion tools, deposit limits and identity checks really are, and whether regulators should tighten requirements on the fast-growing online betting industry.