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    Lula bans online gambling ahead of Brazil's presidential election▼Brazil's Lula bans online gambling ahead of presidential election✉newsWorldElections22 h ago

    Brazilian President Luiz Inácio Lula da Silva has banned online gambling ahead of the country's presidential election, according to a BBC report. The move, announced on the same day the ban was enacted, is expected to become a talking point in the election campaign, with gambling regulation emerging as a live political issue in Brazil.

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    Casino Secrets leak exposes offshore gambling industry▼Vast Casino Secrets leak exposes inner workings of offshore gambling firms✉newsWorld18 h ago

    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.

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    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.

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    Appeals court says Kalshi prediction markets can be regulated like gambling▼Appeals court rules against Kalshi, says prediction markets can be regulated like gambling✉newsWorldLaw & Courts1 d ago

    A US appeals court has ruled against Kalshi, holding that prediction markets can be regulated like gambling. The decision is a setback for Kalshi and the broader prediction-market industry, which has argued its event contracts are financial instruments overseen by the Commodity Futures Trading Commission rather than betting products subject to state gambling laws. The ruling could reshape how event trading platforms operate across the United States.

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    Reporter Puts DraftKings Gambling Safeguards to the Test▼Reporter tests DraftKings gambling safeguards🦋blueskyBusiness44221 h ago

    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.

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    New York sues Polymarket over alleged illegal gambling●New York sues Polymarket, alleging 'illegal gambling' Consumer adoption of online betting platforms was up 40% in July aMmastodonBusinessBanking11 d ago

    New York has filed a lawsuit against prediction market platform Polymarket, alleging it operates as illegal gambling. The legal action comes as online betting adoption surges: Bank of America consumer data shows platform usage rose 40% in July, with first-time use tripling since the start of the year. Regulators are increasingly scrutinising fast-growing betting and prediction platforms as mainstream consumer adoption accelerates.

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    DraftKings Made a Deliberate Problem Gambler a VIP●I Deliberately Bet Like a Problem Gambler. DraftKings Made Me a VIP. https://www. propublica.org/article/draftki ngs-spoMmastodonHealth81 d ago

    A ProPublica investigation reports that a reporter who deliberately gambled like someone with a serious gambling problem was nonetheless courted by DraftKings, which granted them VIP status and incentives to keep betting. The findings fuel criticism that major US sports betting companies prioritize high-loss customers over responsible gambling safeguards, reviving debate about regulation of the fast-growing online sportsbook industry.

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    Estonian probe exposes 24 shell companies hiding illegal casino payments●🇪🇪 Estonian investigation exposes 24 shell companies hiding payments to illegal online casinos An investigative report fMmastodonBusinessBanking222 h ago

    An Estonian investigative report has found that 24 shell companies registered in Estonia were used to disguise payments to illegal online casinos. The findings have drawn attention to gaps in the country's fintech and payments oversight, with discussion focusing on how such networks operated and what stricter regulation of shell companies and payment intermediaries may follow.

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    CasinoSecretsleak exposes confidential files from Curaçao gambling regulator●Bravo @ Lilith The # CasinoSecretsleak reveals tens of thousands of previously confidential files stored by the gamblingMmastodonBusinessCrypto01 d ago

    A large document dump dubbed CasinoSecretsleak has revealed tens of thousands of previously confidential files held by the gambling regulator on the Caribbean island of Curaçao. The files detail the inner workings of some of the world's largest online casinos, including crypto-based operators, shedding light on how licences are granted and the industry's oversight in the offshore jurisdiction.

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    New York Sues Polymarket Over Illegal Gambling●New York State Sue Polymarket for Running Illegal Gambling OperationYhnSportCricket77 h ago

    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.