South Korean police opened the country’s first illegal gambling probe into domestic Polymarket users on Jun. 5, targeting residents who placed bets …
Gambling
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Regulation
Gaming Industry Warns Prediction Markets Have Cost States Over $1 Billion in Gambling Taxes
by shayaanby shayaanThe rapid expansion of prediction markets has sparked a fresh dispute between gambling operators and financial regulators across the United States. Casino …
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Regulation
Argentina Sends Online Gambling and Crypto Payment Bill to Congress
by shayaanby shayaanArgentina’s national government has sent a new bill to Congress aimed at preventing gambling addiction and regulating online betting platforms. The proposal …
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Markets
Indonesia blocks Polymarket, calling prediction market online gambling in disguise
by shayaanby shayaanAuthorities stated that using crypto or blockchain doesn’t change platforms that let users wager on uncertain outcomes from being gambling products. www.coindesk.com
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Regulation
South Korean Regulator Scrutinizes Polymarket for Possible Gambling Violations
by shayaanby shayaanSouth Korea’s Broadcasting and Communications Deliberation Committee has launched a review of Polymarket, the blockchain-based prediction market platform, to determine whether its …
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Regulation
CFTC tells appeals court states cannot regulate prediction markets as gambling
by shayaanby shayaanThe U.S. Commodity Futures Trading Commission [CFTC] has escalated its fight with state regulators over prediction markets, arguing in a new federal …
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Prediction markets closed out Consensus Miami 2026 as the subject of a live debate on whether they are regulated financial derivatives or …
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Markets
Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says
by shayaanby shayaanNovig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all …
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Regulation
Australia Cracks Down on Gambling Ads as Prediction Markets Like Polymarket Remain Blocked
by shayaanby shayaanAustralian Prime Minister Anthony Albanese announced sweeping restrictions on gambling advertising across television, radio, online platforms, and sporting venues on April 2. …
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A set of new ETF filings wants to turn election outcomes into brokerage-account tickers. If approved, they’d also make “political risk” a …