A legal tug-of-war over the jurisdiction of market predictions has reached a critical juncture in the Arizona Federal Court. U.S. District Judge Michael Liburdi recently issued a temporary restraining order, temporarily halting Arizona's criminal prosecution of the prediction market platform Karlxi.
Washington D.C. council member Wendell Feld recently introduced a legislative proposal that has caused quite a stir within the American gambling regulatory community. The bill, numbered B26-0656, titled "Internet Gambling and Consumer Protection Act," was officially submitted to the District Council
Kentucky Governor Andy Beshear recently exercised his veto power, sending back a comprehensive gambling reform bill that had passed both houses of the state legislature. This bill, numbered House Bill 904, covered sports betting, horse racing, charitable gambling, daily fantasy sports, and regulator
The Hong Kong SAR government recently slammed the brakes on the legalization of basketball betting. Originally, the Hong Kong Jockey Club was scheduled to receive a basketball betting license later this year, just in time for the 2026-2027 NBA season. However, the latest stance from the Civil Affair
From April 6th to 11th, the global prediction market platform experienced a milestone trading frenzy. Sports, politics, and geopolitical events all contributed simultaneously, pushing the total industry trading volume to an unprecedented height. The leader, Karlxi, saw its weekly nominal trading vol
Gibraltar-based gambling operator LiveScore Group recently released its financial results for the fiscal year ending March 31, 2025. The data shows that the group's total annual revenue reached 206.3 million pounds, a year-on-year increase of 15%, with the UK market contributing 85% of the share, an
Philippine police are intensifying their crackdown on illegal online cockfighting. On April 12, police in Solano City, Nueva Vizcaya, raided a cockfighting arena in the Rojas community, arresting 26 individuals suspected of participating in illegal online cockfighting, with seized gambling funds amo
The Philippine digital entertainment platform DigiPlus Interactive Corp. recently made an appearance on a significant regional list. In the 2026 Asia-Pacific High Growth Companies list released by the global research firm Statista in collaboration with the Financial Times, the company ranked 12th am
The online gambling industry is expanding at an astonishing rate, with the global market size nearing $80 billion and expected to break $150 billion by 2030. Traffic deployment plays a core engine-like role in this ecosystem. Over 74% of gambling operators consider affiliate marketing as their main
Recently, Thai police launched a dawn raid on a private pool villa in Pattaya, capturing a Chinese man on the spot who was allegedly controlling a massive transnational online gambling network. The suspect, only 32 years old and named Pei Minsi, is accused of operating over 239 online gambling platf
Macau's gaming industry handed in a report card for the first quarter of this year that had a flavor of "applauded but not popular." The latest report from brokerage CLSA shows that the total gaming revenue for the entire industry is expected to surge by 14% year-over-year, but the EBITDA growth rat
Hai Phong city in Vietnam is planning a major overhaul for the long-dormant Do Son Casino. According to local media, this historic gambling venue will be transformed into a comprehensive resort with a total investment of 2.11 trillion Vietnamese dong (approximately 85 million US dollars), and the pr
South Korea's Sports and Leisure Limited Company recently unveiled a tough new strategy—using real money to mobilize the public to crack down on hidden illegal sports betting networks. Through its Illegal Sports Toto Reporting Center, the company has officially launched a tiered reward system, with
Recently, something happened in the Illinois sports betting circle that allowed players to breathe a sigh of relief temporarily—FanDuel quietly halted the additional fee of 50 cents per bet, tentatively continuing until June 19, just in time for the possible conclusion of the NBA Finals. This fee, w
The U.S. retail trading platform Robinhood has recently undertaken a proactive contraction of its predictive market product line. In an interview, the company's UK president, Jordan Sinclair, made it clear: the platform is highly vigilant against market abuse and insider trading, and some predictive
The Labor government led by Australian Prime Minister Albanese finally rolled out a gambling advertising reform plan three years after the Murphy report was released. It's strong in that it sets firm limits during children's viewing times and on digital marketing; it's watered down in that it falls
