Argentine court blocks Polymarket nationwide for operating without gambling licence. Platform faces app store removal and mounting regulatory pressure worldwide.
Browsing: Regulation
Arizona prosecutes Kalshi on 20 criminal counts for alleged illegal gambling, while a federal judge denies the prediction market’s restraining order.
Portugal’s online gaming market generated €337.6M in Q4 2025, up 4.5% YoY. Casino games rose 16% while sports betting dropped 10% despite higher volume.
Offshore gambling operators captured €80.6 billion in EU revenue during 2024, costing governments €20 billion in lost taxes as regulators shift tactics.
Brazilian Bill 1172/2026 seeks to ban all online betting advertising across digital platforms. Finance officials warn it may boost illegal operators.
Wisconsin’s sports betting bill reaches Gov. Evers. High tribal revenue share could keep major operators out, opening door for prediction markets.
Pennsylvania’s Gaming Control Board rolls out campaign against underage gambling ahead of March Madness, citing 75% gambling rate among college students.
Colombia enacts 16% emergency tax on online gambling to raise $2.3B for flood relief. Industry voices concern after previous tax caused 30% revenue decline.
Sri Lanka aims to establish Colombo as a gaming hub with $250M annual revenue target. City of Dreams resort launches as island pursues tourist growth.
Argentina imposes nationwide ban on Polymarket after finding unauthorized operations, becoming Latin America’s first country to block a prediction market platform.