Newsazenplay.comKalshi asked a Massachusetts court to dismiss an expanded state complaint concerning sports-related event contracts. The company cited recent federal litigation and Commodity Futures Trading Commission actions as support for its position that the contracts are federally regulated.
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UK Gambling Commission chief executive Sarah Gardner identified the planned implementation of financial risk assessments as a major remaining regulatory milestone. She also referenced the Commission’s September consultation response on gaming machines.
The UK Gambling Commission reported that 4% of online gamblers in Great Britain used illegal gambling websites during the previous 12 months. The regulator is preparing a broader enforcement effort backed by £26 million in government funding and plans to introduce financial risk assessments in…
The UK Gambling Commission imposed a £6.1 million penalty on an online gambling operator. The enforcement action was reported alongside UKGC action involving anti-money-laundering and social-responsibility controls.