Key Moments: CME Group’s regulatory filing indicates anticipated FanDuel Predicts launch on December 6 Initial contracts span major U.S. pro and collegiate sports leagues with broad coverage Filing reveals operational details, including 24/7 trading hours and scheduled maintenance periods Early December Launch Revealed Through CME Filings FanDuel may be on the cusp of unveiling its long-awaited prediction markets, as recent filings from its partner CME Group suggest a launch could happen the first weekend of December. Disclosures submitted by CME detail the introduction of “Event Contract Swaps” tied to major…
Read MoreAuthor: Daniel Williams
Eventbet Charts Path Forward Amid Regulatory Shifts and Focus on Player Retention
Key Moments: Dmitry from Eventbet identified tightening global regulations and rising industry saturation as primary challenges for 2026 Eventbet is set to introduce Given by Spins, a new product aimed at strengthening player retention using poker-inspired mechanics Emerging markets across LATAM, Asia, and Africa, alongside the United States, have been identified as offering significant growth potential Eventbet’s Evolution and Industry Focus During SiGMA Central Europe in Rome, Dmitry from Eventbet discussed how the company’s journey from a specialized poker provider to a comprehensive platform has shaped its ongoing commitment to…
Read MoreNigeria’s Gambling Industry and NDPC Collaborate to Advance Data Privacy Standards
Key Moments: Gaming sector leaders met with the Nigeria Data Protection Commission to discuss compliance with the Nigeria Data Protection Act 2023. The industry sought guidance on data protection measures and proposed annual engagements for regulatory updates. The NDPC is developing sector-specific compliance guidelines for the gaming sector as it manages data for over 60 million Nigerians monthly. Gaming Industry Engages Regulators on Data Protection In a notable development for Nigeria’s gaming sector, representatives from the Association of Nigerian Bookmakers (ANB) and the Nigeria Licensed Lottery Operators Forum (NLLOF) convened…
Read MoreSweepmate Unveils Interactive Pool-Based Game for Premier League Enthusiasts
Key Moments: Sweepmate has launched as a UKGC-licensed, real-money, pool-based app for iOS and Android users The platform allows live trading of team selections during each Premier League “Sprint” Nine different teams have placed first and fourth in the initial 11 gameweeks of the Premier League on Sweepmate Innovative Platform Debuts in the UK Market Sweepmate has entered the UK gaming landscape with a pool-based real-money platform, aiming to blend elements of sweepstakes, fantasy sports, and trading into a single experience for sports fans. The app, now available for iOS…
Read MoreSouth Korean Authorities Unravel Multi-Year Lottery Scam Targeting Dozens
Authorities arrested ten individuals for operating fraudulent lottery-prediction sites in South Korea. The scheme led to losses totaling 1.2 billion Korean won for 27 victims over three years. Fake prediction tools and fabricated lottery wins were used to convince investors of the scheme’s legitimacy. Key Moments Law enforcement agencies in South Korea apprehended ten suspects who they believe ran an elaborate lottery-prediction scam. Moreover, the suspects allegedly defrauded 27 people by promoting false systems that promised guaranteed lottery wins. Details of the Scam The group reportedly managed to steal 1.2…
Read MoreKalshi’s $1 Billion Raise Signals New Heights for Prediction Market Sector
Key Moments: Kalshi secured a $1 billion funding round, pushing its valuation to $11 billion The platform’s annualized trading volume exceeded $50 billion by mid-October Regulatory challenges continue as U.S. state authorities dispute the legal status of prediction markets Record-Breaking Investment Elevates Kalshi’s Status Kalshi has achieved a new milestone after closing a massive $1 billion funding round, resulting in an $11 billion valuation. This latest investment arrives only two months following a $300 million raise, marking one of the most significant surges in valuation for a fintech firm in…
Read MoreEuropean Regulatory Collaboration Targets Escalating Threat from Unlicensed Online Gambling
Key Moments: Seven national gambling authorities from Germany, Austria, France, Great Britain, Italy, Portugal, and Spain have entered a new cross-border agreement. The framework establishes cooperation on information sharing, joint complaints to social platforms, and exchange of best enforcement practices. Recent gatherings and initiatives reflect a wider movement in Europe toward unified consumer protection measures in gambling. European Regulators Forge United Front Amid Illegal Gambling Surge Europe’s gambling regulators have responded to the fast-evolving landscape of illegal online gambling by forming a pan-European alliance. Authorities from Germany, Austria, France, Great…
Read MorePuerto Rico Steps Up Enforcement Against Illegal Gambling Machines
Key Moments: To begin with, the Gaming Commission has rolled out specialized police training to enhance enforcement against unauthorized gambling equipment. New regulatory measures have been introduced to streamline the identification and confiscation of illegal street machines. Annual revenue from gambling machine inspections has reached around ten million dollars, with significant implications for public funds. Government Strengthens Actions on Unregulated Gambling Puerto Rico has intensified efforts to curb illegal gambling with a new approach centered on better-trained law enforcement. The Gaming Commission is leading this initiative by providing workshops at…
Read MoreFanatics Expands into Prediction Markets with Upcoming Event Contracts
Key Moments: Fanatics plans to launch event contracts in the coming weeks, according to CEO Michael Rubin. The company is joining DraftKings, FanDuel, Underdog, and PrizePicks as the fifth online operator in prediction markets. Fanatics remains an active American Gaming Association member while peers FanDuel and DraftKings have departed over policy differences. Fanatics Set to Enter Prediction Market Arena Fanatics has revealed plans to enter the prediction markets arena, signaling its intention to deepen involvement in this rapidly expanding sector. During an appearance on CNBC, CEO Michael Rubin shared that…
Read MoreInside the Mind of the Degen: Unraveling the Links Between Altcoin Speculation and Gambling Disorder
Key Moments: Airtel Malawi partnered with ESCOM to deploy 19 new network sites for enhanced national digitization. Airtel’s annual spending on digital infrastructure stands at K19 billion (US$10.9 million), with an expected tax contribution of K200 billion (US$115.4 million) in 2025. Discussions with the ICT Minister addressed challenges such as forex shortages and potential tax policy shifts to improve device affordability. Strategic Partnerships Drive Network Growth Airtel Malawi has initiated a new phase in its network expansion strategy, joining forces with ESCOM to deliver 19 new network sites aimed at…
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