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Regulated online gambling providers in Ontario will be able to offer services to those outside of Canada, setting a new legal precedent.
The Ontario Court of Appeal ruled on November 12 that regulated online gambling sites can legally allow Canadian users to play with those outside of Canada. The decision faced heavy opposition from other provinces throughout Canada, but opens the door for those...
Gambling giant FanDuel is entering the world of prediction markets with a new app, FanDuel Predicts, launched through a partnership with derivatives marketplace CME Group.
FanDuel has announced that it will launch a prediction markets app called FanDuel Predicts, subject to all the necessary regulatory filings. The app will offer sports event contracts for baseball, basketball, football, and...
Nevada gaming regulators stepped up their crackdown on prediction markets this week, pulling key licenses from major operators DraftKings and Flutter Entertainment while the state continues to battle in court over whether sports event contracts and political prediction markets are even legal.
Nevada Gaming Control Board calls sports contracts offerings ‘incompatible’ with state
In a notice issued...
The estate of a murdered Pennsylvanian gaming store clerk has been awarded $15.3 million posthumously.
Pace-O-Matic (“POM”), the defendants in the case were found, alongside Miele Manufacturing, to be negligent parties in a case that dated back to 2020, where the fatal shooting of clerk, Ashokkumar Patel occurred.
POM have not accepted the financial award, saying they were unhappy with the “$15...
ProphetX has applied to the U.S. Commodity Futures Trading Commission (CFTC) to enter the bustling world of prediction markets.
The brand, formerly operating as Prophet Exchange and known for its sweepstakes model across dozens of states, had investors including MIXI and Sharp Alpha.
ProphetX enters prediction market fray
In a post across social media, Dean Sisun, co-founder and CEO of ProphetX,...
Former kickboxer turned controversial figure, Andrew Tate, looks to be promoting online casino platform Duel.
Duel is owned by poker player Ossi Ketola and Tate himself shared a link on X that takes you straight to the casino’s home page.
Andrew Tate shares a link promoting the Duel platform in a brief social media post. Credit: X / Andrew Tate
While no official announcement has been made...
Brazil’s fixed-odds betting market, which has been regulated for nearly a year, could be the major boost that the economy needs, according to several gambling bodies.
A recent survey titled ‘Overview of the Fixed Odds Betting Market’, which was carried out by the LCA Consultores Econômica and Cruz Consulting, was requested by both the Brazilian Institute of Responsible Gaming (IBJR) and the...
A recent study in Norway has identified a correlation between adolescents who play a lot of computer games with a higher risk of developing gambling problems.
Games which rely on players buying things such as loot boxes and skins, while participating in skin betting could see teenagers aged between 12-17 encountering gambling problems later on in life.
Atle Hamar, Director General of the...
The Mega Millions jackpot is closing in on the $1 billion mark again, something that has only happened eight times in the game’s history. No one matched all six numbers in Tuesday night’s (November 11) drawing.
What were the Mega Millions winning numbers?
The winning numbers were the white balls 10, 13, 40, 42 and 46, plus the gold Mega Ball 1. That means the next drawing on Friday, November 14,...
The government gambling tax proposal put forward by UK Chancellor Rachel Reeves could cause major funding losses in horse racing.
Reeves has put forward that the General Betting Duty will rise from 15% to 30% in the Autumn budget later this month, a move which could have consequences for those involved in the industry.
The increase in machine games duty (MGD) looks set to rise from its current...