Tag: prediction markets

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US Gaming Sets Records as Prediction-Market Fight Grows

US commercial and tribal gaming set revenue records in 2026, yet the industry's fight against prediction markets escalated. Why the data can't settle the dispute.

Polymarket, Kalshi Block Ireland as GRAI Threatens Courts

Polymarket and Kalshi restricted Ireland after new regulator GRAI threatened court orders, calling the prediction markets unlicensed gambling. No court battle was needed.

US Tribal Gaming Hits Record $46.2B, Eyes New Threat

US tribal casinos set a record $46.2 billion in FY25, up 5%. However, tribes warn prediction markets threaten future revenue and have taken operators to court.

Google Bans Prediction Market Ads in Two More States

Google has banned prediction markets advertising in Michigan and New York, joining Nevada and Ohio. All four states have moved against prediction market operators.

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Dutch Gambling Age 18 Birthday Accounts KSA Study

KSA data shows 11% of Dutch 18-year-olds open gambling accounts on their birthday. A politician wants the age raised to 24, but the regulator warns this would push young adults to illegal sites.

QuinnBet UKGC Fine £609K AML Safer Gambling Failures

QuinnBet pays £609,104 to the UK Gambling Commission for AML and social responsibility failures including missed suspicious activity, delayed SARs, and a customer who placed 7,000 bets in a day without triggering alerts.

Lula Brazil Betting Ban Threat BRL7.3B Tax Risk

Brazilian President Lula intensifies attacks on betting, calling it a "scourge of lies." A ban would eliminate BRL7.3B in first-half 2026 tax revenue and risk pushing 60% of licensed bettors into the illegal market, which already controls 38-44% of activity.

Macau Casino Market Competitive Post World Cup 2026

Macau's casino market is recovering from World Cup-driven GGR declines but remains highly competitive, says Seaport Research after meetings with MGM and Wynn management. Wynn Macau Q2 operating income rose 26.9% while MGM China revenue held flat.

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