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Every story from the iGaming Daily newsroom.
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Dr. Laila Mintas is building a vertically integrated prediction market exchange called 365Prediction, seeking CFTC approval as both operator and clearinghouse. Meanwhile legal experts are warning operators that market manipulation, insider trading and influencer compliance risks are piling up alongside the main CFTC-versus-states court fight.
The NFL has formally told the CFTC its draft prediction market rules fail to protect game integrity or consumers, as legal experts warn operators to engage rulemaking rather than fight it, and a new entrant prepares to join a market forecast to reach $1.5 trillion by 2030.
Research shows 70% of new sports bettors keep wagering three months after a World Cup ends, but fewer than half stay in sports betting. Here is what the data says and what operators can do.
A Minnesota federal judge blocked the state's prediction market ban days before it was set to take effect, while the NFL challenged CFTC rules and 365Prediction moved toward an early 2027 launch, all on the same day.
VGW will permanently close its LuckyLand Slots platform by September 14, 2026, in a phased shutdown beginning August 3. Chumba Casino, LuckyLand Casino, and Global Poker will continue to operate in available states as VGW consolidates its sweepstakes brands.
Public Health Wales has launched a £1.4 million two-year Voluntary Sector Grant Fund to combat gambling-related harms, with grants of up to £75,000 per year available to Welsh charities and community groups from 31 August 2026.
ChatBet, Bola Group's WhatsApp-native AI sports betting platform, has partnered with African B2B provider iSolutions so multiple operators can now offer conversational betting via WhatsApp, Telegram, and chat widgets across sub-Saharan Africa.
BetMGM posted Q2 2026 net revenue of $711 million but adjusted EBITDA dropped 15% to $74 million as sports betting stalled and prediction market rivals intensified pressure. The $500 million EBITDA goal has been pushed beyond 2027.
South Africa's bookmakers association is calling for a ban on unlicensed prediction market platforms after R700,000 was wagered on a Johannesburg mayoral election via Polymarket, citing integrity, AML and tax risks, as the CFTC tightens US compliance rules.
Istanbul prosecutors used the AVCI AI system to map and simultaneously freeze 6,314 bank accounts across 32 institutions, dismantling financial networks supporting Turkey's illegal betting industry and detaining 16 suspects in raids on 19 premises.
The Netherlands is proposing a near-total ban on online gambling advertising. Legal experts, international regulators, and the Dutch gambling authority itself warn the measure will strengthen the illegal market and push players toward unprotected sites, citing Italy and Denmark as cautionary examples.
BetMGM posted $711m in Q2 2026 net revenue, up 3% year-on-year, with iGaming rising 8% to $483m. However, retail revenue collapsed 97%, adjusted EBITDA fell 15%, and the company has pushed its $500m EBITDA target beyond 2027.