Austria Eyes Online Gambling Market Liberalization with New Licensing Plan
A draft law from the Austrian Finance Ministry proposes a significant shift from the country's long-standing online gambling monopoly, aiming to introduce…
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Trump Backs CFTC Authority Over Prediction Markets, Criticizes Opponents
Former President Donald Trump has publicly stated his support for the Commodity Futures Trading Commission's (CFTC) regulatory control over prediction markets, while…
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Hedge Funds Reaping Billions by Betting Against Gambling Industry Giants
Short sellers have amassed an estimated $2.3 billion in profits in 2026 by wagering on the decline of major gambling stocks, driven…
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Prediction Markets Expand into Australian Politics, Raising Regulatory Concerns
US-based prediction market platforms are increasingly offering bets on Australian political events, prompting warnings from regulators and advocacy groups about potential risks…
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Minnesota Enacts Crypto Custody Law for Banks, Bans Crypto ATMs
Minnesota has passed a new law allowing state-chartered banks and credit unions to offer digital asset custody services. Concurrently, the state will…
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US Regulator Engages Sports Leagues on Prediction Market Oversight
The Commodity Futures Trading Commission (CFTC) is expanding its engagement with major professional sports leagues to enhance oversight of the rapidly growing…
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