It's the end of the innocence: Prediction markets are coming to Canada
Last week, Wealthsimple announced it has signed a deal to bring Kalshi to Canada. But, so far, it won’t legally be able to offer sports betting in this country.
To quote Don Henley from the song of the same name: “This is the end of the innocence.”
After more than a year of celebrating the fact that Canada was largely immune to the rise of prediction markets that threaten regulated gambling sectors, last week Wealthsimple announced it has signed a deal to offer its Canadian clients the ability to trade event contracts through U.S.-based prediction market titan Kalshi.
Wealthsimple is currently testing its new Wealthsimple Predict app that it expects will go live in Canada sometime this summer.
Sure, we truly lost our innocence when online gambling exploded after the U.S. Supreme Court struck down PASPA in 2018, followed in 2021 by the legalization of single-event sports betting in Canada (more on that in the Reading and Reflection section of today’s newsletter). But the rise of prediction markets is yet another chapter in the great gambling expansion and, thus, a further loss of our collective naivety.
As the CBC reported, “Prediction markets operate like financial exchanges, allowing users to bet on what are known as event contracts — simple yes-or-no or higher-or-lower wagers on the outcome of real-world events.”
For now, prediction markets will not be able to offer trades on the outcome of sporting events in Canada. Geoff Zochodne of Covers had a good explainer on the topic.
Since 2017, the trading of binary options has been prohibited in Canada, “except those that have a term of maturity of 30 days or longer.”
In April, the Canadian Investment Regulatory Organization (CIRO) and the Canadian Securities Administrators (CSA) issued a joint press release providing formal guidance on the legality of prediction markets in Canada and a warning that, “Failure to comply with applicable requirements under Canadian securities and derivatives laws may lead to enforcement action.”
That announcement came, as GNC reported, as an attempt to tamp down prediction market mania threatening to infect Canada.
Last week, as part of its announcement of its coming prediction app, Wealthsimple spelled out what is and is not legal, currently, in Canada, with respect to what prediction markets can offer.
“CIRO has drawn explicit lines around what can’t be traded,” the Wealthsimple article said. “These prohibitions reflect concerns about market integrity and public policy.”
Three main areas are prohibited from being offered by prediction markets in Canada:
Political event contracts – “The rationale is straightforward: political event markets create risks around manipulation, insider information, and democratic integrity.”
Contracts based on unlawful activities
Sports and entertainment contracts — “Contracts based on sports outcomes, entertainment awards, or reality television results are not permitted. Regulators have determined these are closer to gambling than financial derivatives. Sports betting in Canada is regulated separately under provincial gambling frameworks.”
Prediction markets in Canada can legally offer:
Economic forecasts – such as those contracts based on economic statistics
Environment forecasts – i.e. contracts based on climate indicators related to the average global temperature
Financial indicators — example: US 500 Forecast Contracts that settle based on the daily settlement price of the Chicago Mercantile Exchange
Of course, that’s how things stand today and is no guarantee of future policy.
Also, the legality issue is still a little muddy.
As Warren Ferguson wrote in April for the Canadian business law firm Stikeman Elliott, “Importantly, the distinction between traditional ‘gambling’ activities and regulated securities trading is not clearly defined under Canadian law. At some point, trading in certain securities and derivatives, activity that is arguably captured by the gaming prohibitions in the Criminal Code, ceases to be ‘gambling’ and becomes an activity that is instead regulated under securities and derivatives laws, or by commodity futures laws. However, it is unclear where that boundary (if any) lies, and there exists potential overlap between the separate and independent legal frameworks described above.”
Also, unlike the United States, where prediction markets fall under the federal regulatory authority of the Commodities Futures Trading Commission (CFTC), the issue is also a little more complicated in Canada where prediction markets would fall under provincial regulatory authority. That means the rules aren’t exactly the same across the nation.
To quote The End of The Innocence again, “The lawyers clean up all details.”
All this comes as some U.S. states looking to predict their regulated markets are challenging the legal authority of prediction markets to offer sports betting
As Compliance + More reported Tuesday, it also comes as the gambling regulators from nine European countries joined forces to warn that prediction markets, “increasingly resemble gambling products while often operating outside national licensing frameworks.”
Also C+M, “The regulators argued that prediction markets exhibit many of the characteristics associated with gambling-related harm, including constant accessibility, rapid participation, and the ability to wager on a wide range of sporting, political and geopolitical outcomes. They also highlighted concerns that many platforms lack the consumer safeguards typically required of licensed gambling operators. These include age and identity verification controls, betting limits and responsible gambling tools… They also indicated that action could be taken against prediction market operators that fail to comply with national regulatory requirements.”
On the issue of prediction markets, Canada, as it so often does, seems to fall between the more liberal regulatory climate of the U.S. – and boy does it sound strange to proclaim that the U.S. is more liberal than Canada on anything – and the more conservative regulatory environment in Europe.
The bottom line is clear: Prediction markets are a threat to the regulated gambling sector, but they are not going away anytime soon – even in a country that thought they were someone else’s problem.
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Another darn fine fiscal year for SIGA
The Saskatchewan Indian Gaming Authority (SIGA) has set a record for gross gambling revenue for the fourth year in a row.
For fiscal year 2025-26 (April 1-March 31), SIGA had revenue of $418 million and a final distribution of $167 million. Included in that growth was the authority’s igaming business, led on online casino and live dealer offerings:
“2025–26 was a year defined by growth, progress, and continued investment in the people and communities at the heart of SIGA’s mission,” said SIGA president and CEO Zane Hansen in a news release. “As a 30-year gaming operator, we continue to evolve and make substantial investments into our casino properties, online gaming, and in giving back to the communities where we live and work.”
SIGA, as a non-profit corporation, reinvests all net income back into Saskatchewan. Casino net income is redistributed – 50 per cent to the First Nations Trust (which is distributed to the 74 First Nations in the province), 25 per cent to Community Development Corporations (CDCs) which reinvests the money back into local community initiatives and 25 per cent to the provincial General Revenue Fund.
What’s news with Alberta
There’s not a whole lot to report this week on the countdown to the July 13 opening of Alberta’s regulated gambling market.
The number of registered operators as of last Friday, according to AGLC, dropped a notch to 46 with Cadtree/Super Group appearing to remove its Grizzly’s Quest online casino product (GQ isn’t available in the Ontario market).
Among the marketing efforts by operators ahead of opening day is FanDuel’s “Thrillionaire Questionnaire”, a. . . er. . . spin off its “Calling its Thrillionaires” online casino marketing campaign.
Beginning last night in Calgary and continuing this evening in Canmore, FanDuel will host five live trivia events this week with the five winners going to Calgary for the July 25 finale. Red Deer (Thursday), Edmonton (Friday) and Fort McMurray (Saturday) will also host “Thrillberta” events.
The overall winner takes home $10,000 with another $10,000 being donated to an organization from a pre-selected list of charity or community causes.
There are no 50 registrants under the critical gaming systems provider category, 14 platform providers and 15 iGaming goods or services suppliers.
Also:
Nick Jones of pokerindustrypro.com reported on the plans of 888poker for Alberta and that being contingent on shared liquidity with Ontario.
Media Troopers founder/CEO Shmulik Segal is bullish on the Alberta market.
Alberta’s move to a regulated iGaming model on the 13th July of this year represents a significant step forward for Canada’s digital gaming market, setting clear expectations for robust identity verification, fraud prevention and compliance from day one.
As the market takes shape, you can be confident you’re working with a proven partner. We already support more than 65% of licensed operators in Ontario, helping them meet FINTRAC‑compliant KYC requirements at scale, without compromising speed or player experience.
For more on GBG Plc, visit our website.
As expected, sportsbooks get a boost from the World Cup of Soccer
As the bandwagon passengers spend their Wednesday morning doing the Google thing on Jonathan David, Cyle Larin and Maxime Crepeau – and/or watch Ted Lasso for a crash course on footy – ahead of the much-anticipated Canada-Switzerland clash in Vancouver this afternoon, your relatively objective correspondent sends along some news, notes and a quote from the first 12 days of the men’s World Cup.
From OLG:
Canada’s 6-nil dismantling of Qatar is the third-most popular game so far with ProLine customers, trailing only Canada’s opening draw with Bosnia and Herzegovina (only the Super Bowl is a more wagered-on game in 2026) and Germany’s 2-1 win over the Ivory Coast.
44 per cent of ProLine players had David scoring in the Qatar blowout and 22 per cent had the Canadian striker finding the goal at least twice.
Four per cent of bettors correctly predicted the 6-0 final
67 per cent bet the 2.5-goal over and 64 per cent took the spread at -1.5.
The best players on the planet – Lionel Messi, Harry Kane, Eren Haaland and Kylian Mbappe to name a few (and heck, even the old guy Cristiano Ronaldo has some lightning left in that right foot) – have been at their striking best so far. For one ProLine parlay player, a $30 bet on Messi, Mbappe and Haaland to all score twice in their countries’ respective wins Monday turned into $2,727. ProLine’s Split Loyalty product – created for the World Cup to promote the opportunity to wager on multiple teams - also offered a Messi/Mbappe/Haaland to-score bet as a boosted parlay.
OLG communications guru Tony Bitonti also passed along that over the first two weeks of the tournament, there have been increases of 31 per cent and 49 per cent in wagers placed over the same fortnight in 2025. Another player made the same size of bet but also included victories for the countries, turning $30 into $6,540.75.
At FanDuel Canada, it reports “strong engagement” across the tournament with the Germany-Ivory Coast game in Toronto being the most popular World Cup match last weekend.
For today’s game between Canada and Switzerland in Vancouver, 39 per cent of the bets are backing the host team to win with 30 per cent putting down money on the Swiss and the other 31 per cent figuring on a draw that would give Canada top spot in Group B and a knockout stage game in Vancouver next week.
David, Larin and Tajon Buchanan are the most popular players with FanDuel customers to score goals this afternoon. And David only trails the legendary Messi in betting interest among players in the tournament.
Also:
Speaking of FanDuel, we missed mentioning a couple of weeks ago the operator’s Dual Fan initiative in concert its “We All Speak Footy” campaign.
Good reading from Dustin Gouker in The Closing Line, who examined the activity around DraftKings’ sportsbook and predictions products through the first 11 days of the tournament.
One week into the tournament, there was already a storyline around match fixing involving Ivory Coast striker Elye Wahi, although the allegations are tied to Wahi’s play in Ligue 1.
From Rob Fletcher of NEXT.io: the Thailand government has blocked 13,000 illegal gambling URLs since the World of Soccer began.
From Chris Grove on the avalanche of activity on prediction market trading around the tourney: “Everything we’re seeing through the World Cup so far suggests that prediction markets are continuing on an aggressive growth trajectory.”
Showing Up IRL in a Digital-First Industry
In a crowded marketing landscape, where consumers are constantly navigating digital content, AI-generated messaging, and questions about what feels real, memorable in-person experiences can play an important role in building trust.
That’s why Betty Gaming Canada is showing up in person at various activations, seeing it as a valuable way to introduce the brand to new audiences and create authentic engagement.
“Some of the most impactful brand moments happen when you step outside of traditional media and connect with people in the real world,” says Andrea Stodart, VP of Marketing at Betty. “Activations give us the opportunity to create genuine interactions, spark conversations, and introduce people to Betty in a way that’s fun, approachable, and memorable.”
By meeting consumers where they are, whether at community events, cultural moments, or everyday gathering spaces, Betty is showing how you can transform awareness into meaningful brand affinity, one interaction at a time.
ToonieBet leans into partnerships beyond the Greater Toronto Area
When Soft2Bet launched its ToonieBet brand in Ontario’s crowded regulated gambling market two years ago, the opportunities for partnering with the province’s major sports properties – the bulk of them based in the city below Beeton – were pretty much slim and none. And slim, as the old saying goes, was on long term injured reserve.
We’re thinking there may have been some room for some type of marketing deal with Maple Leaf Sports and Entertainment. Given the existing presence of OLG, FanDuel, Betty, PointsBet and Jackpot City with MLSE properties, that’s cramped space to put it mildly. It’s a similar storyline with Canada’s two all-sports networks with FanDuel’s long-term deal with TSN and several brands attached to Sportsnet.
So, ToonieBet has taken its sports marketing dollars beyond the GTA’s borders, first with the Ottawa Senators and then with the CFL Redblacks in the nation’s capital, And, as of this week, the “exclusive and official iGaming partner” of the Hamilton Tiger-Cats in a multi-year agreement.
From Monday’s news release:
The agreement will feature two dedicated activation spaces at Hamilton Stadium, giving fans new ways to engage with ToonieBet throughout the season. Beyond the stadium, ToonieBet and the Tiger-Cats will roll out contests and other fan initiatives across digital channels. With Hamilton Stadium welcoming up to 25,000 fans, the Tiger-Cats bring together local pride, tradition and community, making this partnership a natural fit.
Daniel Madmon, the head of ToonieBet’s Canadian operations, told Gaming News Canada that landing partnership deals beyond Toronto’s borders makes perfect sense.
“We’re trying to grow awareness across Ontario through authentic community engagement and local partnerships,” said Madmon, who’s been involved in the Ontario market since Day 1 with PointsBet and Hard Rock Digital before joining Soft2Bet. “Tapping into local communities is more efficient than driving wide, expensive deals.
“Even though Hamilton is close to Toronto, it’s a different demographic. . . it’s more blue collar. Our Redblacks partnership just started. In Ottawa, the market isn’t as saturated as Toronto.”
ToonieBet has had boots on the ground for the Ticats’ first two home games, engaging with fans on opportunities to win signed jerseys and tickets to the November 15 Grey Cup in Calgary and branding at Hamilton Stadium. There are also plans for out-of-stadium marketing around Steeltown.
“Working with the Ticats has been very pleasant,” Madmon said. “We’re not just paying them for a sponsorship; it’s a true collaboration.”
Soft2Bet is among the 46 operators registered for the incoming Alberta market. Madmon agrees the ToonieBet deals with the Ticats and Redblacks could provide some valuable insight for the brand’s marketing strategy in the western Canadian province. AGLC’s PlayAlberta has existing partnerships with Calgary Sports and Entertainment (owners of the Flames and Stampeders), the Edmonton Oilers and CFL Elks.
“There won’t be an endless amount of opportunities there,” Madmon agreed. “It depends on us to pick and choose those partnerships that will have an impact.”
Canadian Gaming Association to host CGA Leaders Forum
In its 20th year of existing, the Canadian Gaming Association has been unveiling a series of industry white papers which investigate – with the help of industry experts - “policy options and concepts essential to the long-term strength of Canada’s gaming sector”. The topics of those papers include Understanding a Fragmented System, Unlocking the Gaming Sector, Regulatory Harmonization and Player Protection.
Yesterday afternoon, news landed in our inbox that the year-long initiative will be highlighted by the CGA Leaders Forum which will take place November 16-17 in the city below Alliston. Over the two days, each white paper will be presented with time allowed to discuss the findings.
“Designed to move beyond presentation and into meaningful exchange, the CGA Leaders Forum will create space for alignment, insight, and sector leadership at a defining moment for Canadian gaming,” stated the dispatch.
Registration details for the forum will be made in the near future, the association said.
People on the Move
Pascal Chevremont will replace Isabelle Falque-Pierrotin as President of French gambling regulator Autorite Nationale des Jeux (ANJ).
Andrew Ashenden, the former Chief Betting Officer at Stats Perform, is named CEO at cricket data company Decimal Data.
Speaking of Stats Perform, Duncan McMonagle, ex of Accenture, Reset and Minute Media, is appointed Vice President of Sales – Platform.
Ex Sportradar senior VP Dario Jurcic joins Digitain as Chief Commercial Officer for Europe and Africa.
Aristocrat Gaming promotes Dean Krogstad to Vice President, North America Manufacturing Operations.
Ryan Collinge announces his departure from Gaming Innovation Group and his Senior Vice President role.
Former Better Collective senior executive Matt Schwimmer joins Amazon to lead Business Development, Creative Services.
BetMGM appoints Sabrina Messar as Legal Counsel.
Bounce Interactive promotes Stephen Murchie to Chief Compliance Officer.
Emil Vanjaka is appointed Chair of the Board at Esport Canada, replacing the departing Melissa Burns.
Amanda Ash, formerly of CPA Insurance Plans West, is named Senior Advisor, Digital Communications for the Alberta iGaming Corporation.
After 18 years, the past seven-plus as Senior Director, Global Gaming Systems Services and Advantage Club R&D, Colin Gray says goodbye to IGT.
Laura Sanderson Gitsham departs her Senior Counsel role at IGT PlayDigital to join Softcat as Commercial Solicitor.
Ashley Bloor is leaving Aristocrat Interactive and her role as Director of Partnerships.
Leon Brimm is promoted at Rolling Hills Casino and Resort in Corning, CA., to Director of Casino Operations.
Beau Gonzales joins Cache Creek Casino Resort as Director of Slot Operations.
After 10 years at MGM National Harbor, Adam Boone is named Director of Poker Operations at Aria Resort & Casino.
Megan Nimsgern has a new deal at IGT as Senior Manager of North American Marketing.
Jack Harrison is promoted to Senior Sports Trader at PointsBet Canada.
Jeff Sherman is named Senior Risk Manager at Circa Sports.
Manitoba Liquor & Lotteries Corporation promotes Emmanuel Ozigbo to Operations Analyst.
Sanyam Chadha has a new role at OLG as Senior Customer Systems Specialist.
Keith Capstick, formerly of theScore, joins Pinnacle’s Toronto team as a Commercial Manager.
Poker sensation Esther (E-Tay) Taylor joins BetMGM Poker as a Pro Ambassador.
Max Schmerin, ex of IGT, Everi and Rivers Casino Pittsburgh, is named as an Account Executive at Gaming Arts.
Theo Scolard is promoted at Flutter UK & Ireland to Senior Brand Executive – Paddy Power.
Daniel Williams leaves PokerNews and joins PokerStars a Partnerships & Communities Manager.
Juan David Vargas, formerly of Growe, Kaizen Gaming and Betway, joins Better Collective as Senior Affiliate Partnerships Manager – LATAM.
After almost 18 years at the UK Gambling Commission, the past four as Intelligence Manager (Betting Integrity), Nick Oliver says goodbye.
Carly Fried says au revoir to LIV Golf and joins NHL HQ as Manager, Integrated Solutions.
After almost 13 years, including the past 21 months as Senior Manager, Partnership Sales, Dave Owens bids adieu to Calgary Sports and Entertainment Corporation.
Alexandra Roy leaves U Sports and her Manager, International Programs gig to join the Canadian Olympic Committee as Program Manager, Sport Services.
Trent Rumble comes on board at PWHL HQ as a Senior Financial Analyst, Reporting and FP&A.
Classified (Jobs) Information
On the Home Front
Bet99 is on the lookout for a Senior Acquisition Marketing Lead and a UI/UX Designer.
Hard Rock Digital is hiring a Senior Performance Video Producer – International to support the Creative Marketing team in the Great White North. Included among a quartet of openings in Toronto is one for a Designer – International and Copywriter – International Casino.
Manitoba Liquor & Lotteries Corporation has a plethora of positions available with its information technology team.
In Montreal, Electronic Arts is seeking a Senior Engagement Director.
In Calgary, Light & Wonder is looking for a Senior Manager, Client Services.
In Victoria, Blastworks is hiring a Senior Product Manager (Games/Live Ops).
Full Circle as an opportunity in Vancouver or Montreal for a Senior Lead Game Product Manager.
BrightIT’s Toronto offices have room for a Senior Affiliate Manager – U.S. & Canada (iGaming and Sports Betting).
The Alcohol and Gaming Commission of Ontario has need of an iGaming Compliance Assurance Specialist (Responsible Gambling) and wants to add a Legal Counsel to its litigation team at the Alcohol and Gaming Commission of Ontario has need of a Legal Counsel.
There’s a hybrid opportunity in Toronto for a Compliance Analyst – iGaming (AML & Privacy).
IGT has an Account Manager vacancy to fill in Mississauga, ON.
FINTRAC Canada has its eyes open for an Analyst, Operations and Analyst, Strategic Direction Unit.
Wealthsimple is seeking a Senior Lead, User Acquisition.
Wanted at Swimming Canada: a Chief Operating Officer.
The Canadian Paralympic Committee is hiring a Director of Partnerships & Commercial Strategy.
Amazon MGM Studios and Prime Video have a number of positions up for grabs at its their Toronto office.
Sports, music and entertainment agency The TEAM has need of a Group Account Director.
Calgary Sports and Entertainment is on the hunt for a Senior Manager, Venue Operations & Projects.
Wanted at The Hockey News: a Deputy Managing Editor.
CBC is expanding its Editorial team in the Prairies.
In Vancouver, Lululemon is on the lookout for a Senior Brand Marketing Manager.
WPP Media requires a Manager, Sponsorship Marketing in Toronto.
Canadian Women & Sport is seeking a Manager, Research & Insights.
Toronto-based Hockey Helps the Homeless has an opening for a Manager, Corporate Partnerships & Fundraising.
Catch the Blitz is looking for a Social Media Content Creator.
Calgary Stampede communications chief Julie Forget is seeking assistance in Media Lounge Management for next month’s really beeg show.
Cycling Canada requires new members for its Board of Directors.
The host golf course for the RBC Canadian Open earlier this month is in hiring mode for a Retail Manager and a Controller.
Ontario Soccer is looking for a Manager, Digital Communications.
Ontario University Athletics is in the market for an OUA.tv Manager.
South of the Border
Seven Clans Casino in Red Lake, MN., is on the lookout for a Chief Financial Officer.
Hard Rock Digital has a remote opening for a Motion Designer. The Legal & Compliance team is hiring a Senior Director – U.S. Regulatory Compliance Commercial Counsel.
Fanatics is looking for a Director, Internal Communications.
BetMGM has a hybrid opportunity in New Jersey for a Product Data Analyst and another hybrid spot for a Business Portfolio Manager – Marketing.
In Boston, DraftKings is seeking a Lead Product Designer, Platform.
JP Morgan’s operation in Jersey City is looking for a Vice President, Compliance – Risk Management Global Financial Crimes Lead.
NHL HQ in New York has a hybrid opening for a Senior Manager, Ticketing Strategy & Analytics.
In New York, there’s an opportunity with Minute Media for a Senior Product Manager, Consumer Growth & Fan Engagement.
Disney Games & Digital Entertainment is hiring a Senior Manager, Strategy & Commercialization.
Across the Ponds
Pinnacle is on the lookout for a Head of Fraud and Payments Processing.
Betsson Group has need of a Senior Product Designer.
Betty’s UA team has a trio of opportunities up for grabs.
In Sliema, Kaizen Gaming is hiring a Senior Responsible Gaming Officer.
Stockholm-based NetEnt is looking for a Senior Data Analyst.
Yggdrasil Gaming is searching for a Legal Counsel.
In Sao Paulo, Sportradar is on the lookout for an Integrity Analyst, Anti-Match Fixing.
Light & Wonder is in hiring mode for a Global Senior Commercial Product Manager – Table Games. The company is also looking for a Game Mathematician, Electrical Design Engineer and Mechanical Design Engineer.
There’s an opening at Swansea University for a Research Officer – Gambling Harms Research UK.
Stakelogic is looking for a Technical Compliance Analyst.
In South Africa, Games Global is also searching for a Technical Compliance Analyst.
In Leeds, LeoVegas Group is bringing on board an Affiliate Manager – UK & Ireland.
Relax Gaming has a hybrid opening in Malta for an Account Manager.
Stats Perform is in the market for a Sales Manager – Brazil.
Cloud9 Esports has a contract position available for a Thumbnail Designer.
Reading and Reflecting
We’re sending a bottle of Ibuprofen to Geoff Zochodne to ease the stiffness in his fingers and back after pounding out this five-year-anniversary opus on the passing of Bill C-218.
Snuneymuxw First Nation-owned Petroglyph Development Group completed last week its acquisition of River Rock Casino Resort in Richmond, B.C.
In the early years of covering the gaming industry, our attendance to gaming conferences in Toronto and Newark always included a conversation with Steve Pastorino. Those chats with the BD director for Blackhawk Network would always include his efforts to bring sports wagering gift cards to Ontario’s regulated market. Well, as of last week, mission accomplished.
BetMGM and Incentive Games are getting together on an iGaming play in Ontari-ari-ari-o.
Speaking of BetMGM, the operator and MGM Resorts International have renewed their respective partnerships with Major League Baseball.
An article on igamingnewstoday.com gives a tap of ye olde Bauer Vapour to the AGCO for what’s happened with regulated gambling in Ontario.
Bragg Gaming announced Monday it was taking care of some financial houskeeping.
Breaking news yesterday that Meta is working on its own prediction market app. What are the chances that the revenue the company receives from fake gaming ads on Instagram will help pay the development costs??
The National Hockey League is getting together with online sports betting business Interwetten in Austria and Germany.
In a new POLITICO poll, Americans aren’t fans of betting on election outcomes.
A New York-based think tank has delivered a report on the “disappointment” when it comes to sports gambling tax revenue produced by states with regulated wagering.
Experts told Gambling Insider scribe Brant James that a New York bill banning sports betting on college campuses has some serious flaws.
A UK study commissioned by Entain shows almost 75 per cent of adults can’t tell the difference between a legal and illegal betting advertisement.
Dustin Gouker’s latest Sunday edition of The Closing Line looked at another big week for Kalshi and sportsbooks in New York taking a derriere kicking from the Knicks’ NBA title run.
The owners of the Detroit Tigers and Detroit Red Wings are expanding their investment in the gambling game.
Regulators in nine European countries are collaborating on a crackdown against unlicensed prediction market businesses.
A Wall Street Journal investigation uncovered Polymarket paying folks to do some under-the-radar promotion of its international exchange in the U.S. of A. Polymarket has responded to the investigation.
Eleanor Mueller, the White House economic policy reporter for Semafor, wrote on the push by the gaming industry and unions for prediction market rules.
NEXT.io journalist Zak Thomas-Akoo asks if artificial intelligence is going to spark a recreation of live online casino games.
Thomas-Akoo also reported on plans by the Dutch online gambling trade association to sue Meta for allowing illegal gambling ads.
Good schtuff from Scott Longley in Compliance + More on the bunfight between Kalshi and regulators in Nevada.
Austria’s expanded legal online gambling market will open in October 2027.
The Dutch trade association has released its first Responsible Gambling Monitor.
The latest episode of The Sports Advisors podcast dug into the ever-changing sports betting landscape.
The UK Betting and Gaming Council is sounding the alarm yet again for action to be taken against illegal gambling operators around the Royal Ascot.
There are questions and more questions about Texas Tech quarterback Brendan Sorsby.
You’ll need a New York Times subscription to read this article about the man mentioned in three gambling scandals involving the NBA and NCAA.
Speaking of the NCAA, a former student-athlete at Iona University has fessed up to violations of sports betting integrity rules.
In an op-ed for Crain’s Detroit Business, Sports Betting Alliance grand poobah Joe Maloney gave two thumbs-up to Michigan’s regulated sports betting and igaming market.
PlayerProps.ai boss Trevis Waters delivered some advice to gambling newbies.
Finally, the very excellent CBS Sunday Morning Show highlighted advertising that’s harming children, and it has nothing to do with parlays and prop bests.
And, finally, finally, Oren Weisfield has an excellent piece on Poynter.org about the (sniff, sniff) “post-journalism era of professional sports”.
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