Arizona aims to shut down Underdog Fantasy over predictions Summary The Arizona Department of Gaming (ADG) has issued a formal Notice of Violation and threatened to revoke Underdog Sports, LLC’s fantasy contest licence over the company’s involvement with prediction markets. ADG says designated contract markets (DCMs) such as Crypto.com have been selling event contracts to […]
Prediction Markets Form National Coalition As Legal Battles Escalate Summary A new Washington-based trade group, the Coalition for Prediction Markets, has been launched by Kalshi and Crypto.com with founding members that include Robinhood, Coinbase and Underdog. The coalition wants federal oversight by the Commodity Futures Trading Commission (CFTC) and aims to push back against multiple […]
Finland iGaming bill passes final hurdle in parliament, law to take effect in January Summary Finland’s parliament has approved a landmark iGaming reform that ends the country’s long-standing monopoly and opens the market to licensed operators. The bill passed by a large majority (158–9) after the Administrative Committee amended earlier drafts. The new law takes […]
How 2025 became the year US states turned against sweepstakes casinos Summary In 2025 multiple US states moved decisively against dual-currency sweepstakes casinos that mimic online casinos and sportsbooks. Major markets including New York and California passed blanket bans and state attorneys general and gaming regulators issued dozens — in many cases hundreds — of […]
Paddy Power Betfair to pay £2 million over UK social responsibility failures Summary Paddy Power Betfair has agreed to a £2 million regulatory settlement after the Gambling Commission found systemic social responsibility and customer interaction failings across four remote operators owned by the business. Failings related to detection and timely intervention for signs of gambling […]
How Portugal’s Golden Visa Opens Doors to EU Citizenship and Global Mobility Summary Portugal’s Golden Visa has become a leading residency-by-investment programme since 2012, attracting over 12,000 principal investors and 20,000 family members and channeling billions into the Portuguese economy. The scheme grants non-EU nationals residence rights in return for qualifying investments across property, funds, […]
Turkey Citizenship by Investment: The Complete Guide for HNWIs and Global Executives Summary Turkey’s Citizenship by Investment (CBI) programme, launched in 2017, offers a fast, affordable route to full citizenship for qualifying investors and their families. The most popular route is real estate (minimum USD 400,000) held for three years; alternative routes include bank deposits, […]
Arizona pulls Underdog’s DFS licence on predictions rift, will others follow? Summary Arizona’s Department of Gaming has moved to revoke Underdog’s daily fantasy sports (DFS) licence, citing the company’s partnership with Crypto.com and the offering of sports event contracts (prediction markets) as activities it deems illegal in the state. The decision follows a May cease-and-desist […]
Fatma Hassan Al‑Remaihi: Leading Doha Film Institute Summary Fatma Hassan Al‑Remaihi, CEO of the Doha Film Institute (DFI), has steered the organisation from a regional cultural body to an internationally recognised creative investment platform. Her approach treats film as both art and asset: DFI curates global film selections, promotes Qatari filmmakers via the “Made in […]
S&P Global revises Genting Group outlook to negative with spending seen outpacing earnings Summary S&P Global Ratings has changed the outlook for Genting Group companies to negative, citing that planned high-cost expansion and acquisitions will likely see capital spending outpace incremental earnings over the next five years. While S&P affirmed existing issuer and issue ratings […]
