Congressional Inquiry Targets CNN–Kalshi Prediction Market Collaboration

Congressional Inquiry Targets CNN–Kalshi Prediction Market Collaboration

Key Moments: Congressman Abe Hamadeh formally questioned the CFTC about the partnership between Kalshi and CNN. Hamadeh raised concerns about potential conflicts of interest and risks to market integrity and national security. The CFTC has 30 days to respond and clarify its regulatory stance. Legislative Scrutiny of Media and Prediction Markets US Congressman Abe Hamadeh asked the Commodity Futures Trading Commission (CFTC) to explain how it is reviewing the new partnership between Kalshi and CNN. He cited concerns about regulatory compliance and broader risks. On December 16, Hamadeh, a Republican…

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Caesars Prepares to Launch New Sportsbook at Rampart Casino in Summerlin

Caesars Prepares to Launch New Sportsbook at Rampart Casino in Summerlin

Key Moments: Caesars Entertainment has announced a partnership with Rampart Casino to open a Caesars Sportsbook. The launch is targeted for early 2026, pending regulatory approval. As part of the plan, the new sportsbook will offer in-person registration for the Caesars Sportsbook mobile app, mobile cash services, and 20 betting kiosks across the property. Currently, Caesars Sportsbook operates in 34 states and jurisdictions. The mobile app launched in 2021, while a digital wallet feature is scheduled for June 2025. Strategic Partnership and Planned Launch Caesars Entertainment has revealed plans to…

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DCMS Establishes Comprehensive Governance Structure for UK Gambling Levy

DCMS Establishes Comprehensive Governance Structure for UK Gambling Levy

Key Moments: DCMS revised the Gambling Levy Programme Board’s Terms of Reference to define roles, monitoring, and accountability The Programme Board, chaired by Ben Dean, is role-based and composed of ten institutional members GambleAware will be dissolved in March next year, concluding over twenty years of commissioning initiatives Revised Oversight for Gambling Levy Implementation The UK Department for Culture, Media and Sport (DCMS) has issued a detailed update to the Terms of Reference for the Gambling Levy Programme Board, outlining specific mechanisms for how the new statutory levy on gambling…

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Kalshi Retreats from NCAA Transfer Portal Markets Amid Industry Opposition

Kalshi Retreats from NCAA Transfer Portal Markets Amid Industry Opposition

Key Moments: Kalshi has withdrawn its plan to launch markets tied to NCAA athlete transfer decisions, following strong backlash. NCAA President Charlie Baker called these markets “absolutely unacceptable” due to concerns over pressure on student-athletes. Kalshi emphasized its federally regulated status and outlined safeguards against insider trading and misuse. Pushback Halts Kalshi’s NCAA Transfer Portal Contracts Prediction market platform Kalshi has decided to retract its proposed event contracts allowing trades on whether individual college athletes would enter or leave the NCAA transfer portal. This action came swiftly after significant resistance…

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Hub88 Expands Game Library Through Partnership with Solidicon

Hub88 Expands Game Library Through Partnership with Solidicon

Key Moments: Hub88 has integrated Solidicon’s portfolio, featuring games like Navigator, Supershoot Crash, and Quackinator. Solidicon’s offerings are accessible via Hub88’s API, providing operators with visually impressive titles. This collaboration further strengthens Hub88’s commitment to unique and innovative casino content. Strategic Partnership Enhances Hub88’s Content Platform Hub88 has entered into a partnership with Solidicon, a Swedish game developer known for producing creative and visually distinctive casino games. This move brings a new collection of games to Hub88’s platform, each characterized by bold artistic flair and engaging player experiences. Solidicon’s Game…

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US Online Casino Market Faces Structural Downturn, Optimove Study Reveals

US Online Casino Market Faces Structural Downturn, Optimove Study Reveals

Key Moments: Optimove’s November 2025 report identifies ongoing shrinkage in the US online casino market, with active player base and wagering intensity both falling Average monthly casino betting per US player declined to $6,121, its lowest in 12 months, while participation dropped to 86% of the November 2024 baseline Global markets continued to outperform the US, as international active participation reached 108% of baseline and maintained steadier engagement levels Market Activity Weakens Across US Online Casinos Recent analysis from Optimove’s US Gaming Pulse Report for November 2025 indicates that the…

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FBI Issues National Warning on Dangers of Illicit Sports Betting

FBI Issues National Warning on Dangers of Illicit Sports Betting

Key Moments: On December 17, the FBI publicly warned consumers about the risks of illegal gambling. As of August 2025, the American Gaming Association estimated that Americans wager $673.6 billion annually in illegal and unregulated markets. Additionally, the FBI confirmed direct links between illegal betting operations and organized crime. FBI Raises Alarm Over Illegal Gaming Operations The Federal Bureau of Investigation is warning the public about the growing risks of illegal gambling as sports betting becomes more accessible nationwide. Although 39 states and the District of Columbia now allow legal…

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Regulatory Uncertainty Emerges as the Core Challenge to iGaming Innovation

Regulatory Uncertainty Emerges as the Core Challenge to iGaming Innovation

Key Moments: Operators have increasingly cited regulatory uncertainty, rather than regulation itself, as a major risk in disclosures. Investment has shifted away from bold consumer-facing products toward infrastructure segments like payments and data services. Product launches have become slower and more cautious as companies navigate shifting enforcement and interpretive challenges. The True Barrier to Progress in iGaming While regulation is commonly blamed for hindering innovation in the iGaming industry, many insiders now point to a different obstacle: uncertainty. Unlike other heavily regulated sectors such as financial services and healthcare, the…

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SOFTSWISS Achieves Major Expansion and Breaks New Records in iGaming

SOFTSWISS Achieves Major Expansion and Breaks New Records in iGaming

Key Moments: SOFTSWISS reported a 45% increase in its game portfolio and now offers more than 40,000 games from over 300 providers The company secured full certification in Brazil, expanded in Europe, and renewed its partnership with Rubens Barrichello The Jackpot Aggregator paid out a record 1,400,000 euro Prime Network Jackpot and surpassed 500 launched jackpot campaigns in 2025 Global Certifications and Strategic Partnerships SOFTSWISS has highlighted an outstanding year marked by significant growth across global markets. Building on African certifications, the company achieved full regulatory approval in Brazil and…

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Massachusetts Advances Landmark Sportsbook Limitation Disclosure Rule

Massachusetts Advances Landmark Sportsbook Limitation Disclosure Rule

Key Moments: The Massachusetts Gaming Commission has unanimously advanced a regulation requiring sportsbooks to notify and explain account limitations to bettors. During a September 30 meeting, the commission disclosed that only 0.64 percent of sportsbook accounts in Massachusetts had any betting limits imposed. The regulation faces a public comment period before a final commission vote determines its adoption. Commission Moves Toward Greater Transparency in Sports Betting The Massachusetts Gaming Commission has voted unanimously to progress a new rule that would require licensed sportsbooks to inform customers when their betting activity…

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