Day: 5 February 2026

Key Moments: A research report indicated new prediction market users incurred faster and larger losses than users on traditional sportsbooks. Kalshi challenged the accuracy and impartiality of the data, retracting an initial “extortion” allegation against the data provider. Regulatory scrutiny has intensified as prediction market operators assert they fall under federal commodities rules, not state gambling laws. User Losses Exceed Those on Sportsbooks, Report Claims An equity research analysis by Citizens analysts found that typical users of prediction markets lost about 7% of their staked funds within 90 days, compared…

Key Moments: The UK Gambling Commission has indicated that platforms like Kalshi, Robinhood, and Polymarket may require a gaming mediator license to operate legally in Great Britain. Differing regional regulations mean companies federally approved in the US may still be considered unlicensed operators under UK law. Failure to comply with UK requirements can lead to criminal sanctions and reputational damage for operators serving British customers. UK Regulator Examines Prediction Market Legality The UK’s Gambling Commission has signaled that well-known US-based prediction markets could be classified as gambling, requiring a gaming…

Key Moments: Stakelogic has announced a collaboration with Gran Madrid Casino Online to enhance its footprint in Spain’s regulated iGaming sector. Gran Madrid Casino Online will introduce a curated suite of Stakelogic slot games through the Light & Wonder aggregation platform. The initial offering features notable titles, including Candy Links Bonanza 2, Book of Adventure Super Stake Edition, and Book of Jones Golden Book. New Partnership Targets Regulated Spanish iGaming Stakelogic has unveiled a strategic partnership with Gran Madrid Casino Online, reinforcing its commitment to expanding within the regulated Spanish…

Key Moments: The Senate Committee on Science and Technology approved Bill 3,563/2024. The proposal bans all advertising and sponsorship linked to sports betting and online gambling. Additionally, the bill establishes strict penalties for violations. These include fines of up to R$10,000,000 and permanent license revocation. Moreover, betting on election outcomes is explicitly prohibited. Infractions may result in fines ranging from R$50,000 to R$500,000. Comprehensive Ban on Betting Promotion Advances The Senate Committee on Science and Technology (CCT) has approved Bill 3,563/2024. Overall, the proposal seeks to eliminate all forms of…