Betfred operator to pay £825,000 over licence failures in Britain

Betfred operator to pay £825,000 over licence failures in Britain Summary Great Britain’s Gambling Commission has ordered Done Brothers (trading as Betfred) to pay £825,000 after finding multiple breaches of social responsibility and anti‑money laundering (AML) licence conditions at its betting shops. The failings were identified during assessments covering May 2024 to March 2025 across […]

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Fanatics rolls out Prediction Markets across 24 US states

Fanatics rolls out Prediction Markets across 24 US states Summary Fanatics has launched Fanatics Markets, its prediction-market platform, across 24 US states in a phased rollout. The product lets users trade event-based contracts across sports, finance, economics, politics and — soon — crypto, stocks, tech and culture. Fanatics is integrating pricing from Crypto.com and offering […]

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Kalshi secures US$1bn funding

Kalshi secures US$1bn funding Summary Kalshi has closed a US$1bn funding round that lifts the prediction-market operator’s valuation to US$11bn. The round, led by existing investor Paradigm and joined by Sequoia Capital, Andreessen Horowitz, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG and Y Combinator, comes as interest in event-based trading surges. Kalshi offers yes/no […]

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Nevada Considers Casino Ban for Convicted Bookmaker Tied to AML Issues

Nevada Considers Casino Ban for Convicted Bookmaker Tied to AML Issues Summary Nevada gaming authorities have moved to bar California bookmaker Wayne Nix from all state casinos, nominating him for Nevada’s banned list. The action follows investigations that found major Las Vegas properties, including the MGM Grand and the Cosmopolitan, accepted millions in cash and […]

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Major changes set for New South Wales pokies

Major changes set for New South Wales pokies Summary From 31 March 2026 the NSW Government will revoke long-standing exemptions that allowed more than 670 venues to avoid the mandated gaming-machine shutdown between 4am and 10am. The three variations affected are the tourism/entertainment weekend and public-holiday variation, the financial hardship variation, and the early-opener variation. […]

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Connecticut Goes After Prediction Markets, Orders Them to Halt Operations

Connecticut Goes After Prediction Markets, Orders Them to Halt Operations Summary The Connecticut Department of Consumer Protection has ordered Kalshi, Robinhood and Crypto.com to stop offering prediction market contracts to residents, arguing the platforms are effectively providing unregulated sports betting. The action arrives as Kalshi marks an $11bn valuation and a partnership with CNN. Connecticut […]

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Assets linked to Prince Group among $300M seized in Thai scam network sweep | AGB

Assets linked to Prince Group among $300M seized in Thai scam network sweep | AGB Summary Thai authorities have confiscated assets worth THB10.15 billion (about $318 million) and issued arrest warrants for 42 people in a broad crackdown on transnational online scam networks operating across Thailand, Myanmar and Cambodia. Investigators say the sweep targets groups […]

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