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- 1Lula bans online gambling ahead of Brazil's presidential election▼Brazil's Lula bans online gambling ahead of presidential election
Brazilian President Luiz Inácio Lula da Silva has banned online gambling ahead of the country's presidential election, according to a BBC report. The move, announced on the same day the ban was enacted, is expected to become a talking point in the election campaign, with gambling regulation emerging as a live political issue in Brazil.
- 2Vast Casino Secrets leak exposes offshore gambling firms▼Vast Casino Secrets leak exposes inner workings of offshore gambling firms
A large-scale leak known as Casino Secrets has revealed the internal operations of offshore gambling companies, according to the Guardian. The documents are reported to expose how these firms conduct business, though details of specific companies, individuals or regulatory consequences have not yet been fully outlined. Offshore gambling operators are typically based in jurisdictions with light oversight, making the leak likely to prompt scrutiny from regulators and lawmakers.
- 3Online Sports Gambling Addiction Compared to '80s Crack Crisis●The addiction of online sports gambling: "Like crack in the '80s"
A CBS News report examines the rise of online sports betting apps and the addiction problems they are linked with, with one commentator describing their impact as being "like crack in the '80s." The piece highlights how easy access to wagering through smartphones has drawn in heavy losses and problem gambling, particularly among young men, and is prompting debate over regulation and advertising.
- 4New York sues Polymarket over alleged illegal gambling●New York sues Polymarket, alleging 'illegal gambling' Consumer adoption of online betting platforms was up 40% in July a
New York has filed a lawsuit against prediction market platform Polymarket, alleging it operates as illegal gambling. The legal action comes as online betting adoption surges: Bank of America consumer data shows platform usage rose 40% in July, with first-time use tripling since the start of the year. Regulators are increasingly scrutinising fast-growing betting and prediction platforms as mainstream consumer adoption accelerates.
- 5DraftKings Made a Deliberate Problem Gambler a VIP●I Deliberately Bet Like a Problem Gambler. DraftKings Made Me a VIP. https://www. propublica.org/article/draftki ngs-spo
A ProPublica investigation reports that a reporter who deliberately gambled like someone with a serious gambling problem was nonetheless courted by DraftKings, which granted them VIP status and incentives to keep betting. The findings fuel criticism that major US sports betting companies prioritize high-loss customers over responsible gambling safeguards, reviving debate about regulation of the fast-growing online sportsbook industry.
- 6Appeals court says Kalshi prediction markets can be regulated like gambling▼Appeals court rules against Kalshi, says prediction markets can be regulated like gambling
A US appeals court has ruled against Kalshi, holding that prediction markets can be regulated like gambling. The decision is a setback for Kalshi and the broader prediction-market industry, which has argued its event contracts are financial instruments overseen by the Commodity Futures Trading Commission rather than betting products subject to state gambling laws. The ruling could reshape how event trading platforms operate across the United States.
- 7Reporter Puts DraftKings Gambling Safeguards to the Test▼Reporter tests DraftKings gambling safeguards
A reporter has tested the player-protection measures that DraftKings, one of the largest US sports betting operators, says it has in place to guard against problem gambling. The findings are prompting discussion about how effective self-exclusion tools, deposit limits and identity checks really are, and whether regulators should tighten requirements on the fast-growing online betting industry.
- 8Estonian probe exposes 24 shell companies hiding illegal casino payments●🇪🇪 Estonian investigation exposes 24 shell companies hiding payments to illegal online casinos An investigative report f
An Estonian investigative report has found that 24 shell companies registered in Estonia were used to disguise payments to illegal online casinos. The findings have drawn attention to gaps in the country's fintech and payments oversight, with discussion focusing on how such networks operated and what stricter regulation of shell companies and payment intermediaries may follow.
- 9CasinoSecretsleak exposes confidential files from Curaçao gambling regulator●Bravo @ Lilith The # CasinoSecretsleak reveals tens of thousands of previously confidential files stored by the gambling
A large document dump dubbed CasinoSecretsleak has revealed tens of thousands of previously confidential files held by the gambling regulator on the Caribbean island of Curaçao. The files detail the inner workings of some of the world's largest online casinos, including crypto-based operators, shedding light on how licences are granted and the industry's oversight in the offshore jurisdiction.