Tag Archives: ReadWrite

Robinhood has smelt the blood in the water and has begun to move quite rapidly to expand its prediction market offerings. Currently partnered with Kalshi, Robinhood has made quite a splash in the industry. New reports have begun to surface … Continue reading →

The UK’s Office for Budget Responsibility accidentally had its full assessment of Chancellor Rachel Reeves’s budget leaked online just hours before she was due to speak. The report, the Economic and Fiscal Outlook, was briefly accessible before it was taken … Continue reading →

The UK Gambling Commission has posted the results for April 2024 through March 2025 ahead of the Autumn Budget, revealing that the UK’s gambling industry has grown massively. The Gross Gambling Yield (GGY) was £16.8 billion ($22.1 billion), a 7.3% … Continue reading →

Brazilian police have enforced the next phase of a regional gambling crackdown and arrested a former Congressman, Roberto Razuk and members of his family. The news comes from the Ministerio Público of Mato Grosso do Sul, and outlines the decision … Continue reading →

The Star Entertainment Group has been working with Bally’s Corporation to allow the gaming giant to take over the struggling business by the end of November. After a substantial wait for the red tape of regulatory approvals by the NSW … Continue reading →

Judge Andrew P. Gordon, US District Judge for the District of Nevada, has ruled that contracts by Kalshi cannot be offered in the state. Despite the ruling, the predictions market has, in turn, submitted an emergency injunction to freeze the … Continue reading →

Robin Severance-Lopez, the estranged wife of Marcos Lopez, the former Sheriff at the heart of a casino gambling scheme case, has accepted a plea deal. This news comes alongside a former associate of Lopez, Krishna Kumar Deokaran, who changed their … Continue reading →

The South Korean National Police Agency has announced that a protracted cyber gambling investigation spanning an entire year led to the arrest of 5,196 individuals. According to a news release from law enforcement in the East Asian nation, over 3,544 … Continue reading →

Kalshi, the prediction-market operator, is asking a federal judge to throw out a lawsuit brought by the Ho-Chunk Nation. The company says the Wisconsin tribe has no legal grounds to challenge its sports-event contracts and can’t use tribal gaming laws … Continue reading →

The Florida Gaming Control Commission (FGCC) has announced the seizure of 22 Illegal Gambling Machines. The news comes from a team-up between the FGCC and the Port Orange Police Department to reduce the impact of unregulated gambling on the surrounding … Continue reading →