The Connecticut Department of Consumer Protection has halted the unlicensed operation of event-based crypto betting by companies like Kalshi, Robinhood, and Crypto.com within the state. This action emphasizes […]
Romania Blocks Polymarket Following $600M Election Betting Surge
Romania’s National Office for Gambling (ONJN) has blacklisted Polymarket for operating without a license, citing concerns over the platform’s involvement in unregulated betting during recent elections. Data reveals […]
Romania Bans Polymarket Crypto Platform for Illegal Gambling
Romania has outlawed Polymarket, a crypto betting platform, for alleged illegal gambling during the 2025 elections. The ban comes following concerns regarding unlicensed activities and over $600 million […]
Kalshi Challenges New York’s Regulatory Bid for its Prediction Market Platform
Kalshi has taken legal action against New York’s gambling authority, arguing that the state’s attempt to shut down the platform over regulatory concerns is an overstep of authority. […]
UK Crypto Casinos Face Stricter Regulations Amid Money Laundering Concerns
Recent investigations into crypto casinos in the UK have uncovered how they’ve facilitated money laundering, highlighting a lack of compliance with anti-money laundering (AML) regulations. Despite existing AML […]
FIFA Faces Criminal Charges from Swiss Regulator Over Blockchain Token Sales
Swiss gambling regulator Gespa has initiated criminal proceedings against FIFA for alleged unlawful operations related to blockchain token sales associated with World Cup tickets. In an initial investigation, […]
Underdog Launches Sports Prediction Market in 16 U.S. States, Igniting Debate on Regulation
Underdog has partnered with Crypto.com to launch a regulated sports prediction market across 16 U.S. states. This move, focusing on locations where sports betting is restricted, like California […]
Crypto Gambling Thrives in 2024 Despite Legal Barriers
A new report reveals that cryptocurrency gambling has experienced a significant surge, generating over $81.4 billion in revenue last year despite being illegal in most regions. This growth […]