The Daily iGaming

Kalshi must pay Nevada $120,000 a day for refusing to cease operations in the state at the regulator's demand. @DailyiGamingEN🗞 #Kalshi #Nevada

Pennsylvania is Logical Place for State-Level Prediction Market Regulation, But HB 2711 is Oddly Timed It wouldn’t tax. It wouldn’t license. It wouldn’t ban sports event contracts. And given the history of prediction markets like Kalshi and Polymarket defying state regulators and courts of all levels with federal cover, a new bill in Pennsylvania wouldn’t feature anything to concern them anyway. @DailyiGamingEN🗞 #Pennsylvania #Prediction

Bally’s Q2 Revenue Grows, but Company Warns It Needs New Financing to Meet Liquidity Requirements Bally’s Corporation reported strong revenue growth in the second quarter, but regulatory filings show the casino operator doesn’t expect to meet liquidity and leverage requirements without new financing. @DailyiGamingEN🗞 #Bally #Income

Nevada Seeks Daily Fines as Kalshi Blames Investigators for Geofencing Workaround Prediction market platform Kalshi has accused Nevada gaming regulators of breaking federal law, as the two sides trade blows over whether the company properly geofenced the state by a court-ordered deadline. @DailyiGamingEN🗞 #Nevada #Kalshi

Connecticut Judge Says CFTC Cannot Override Court, Denies Kalshi Injunction A Connecticut judge has denied Kalshi’s emergency motion for an injunction pending appeal, rejecting the company’s attempt to use the Commodity Futures Trading Commission’s (CFTC) “market emergency” order in New York to shield itself from state gambling enforcement. The court said the regulator lacks the authority to dictate an order that conflicts with the court’s interpretation of federal law. @DailyiGamingEN🗞 #Connecticut #Kalshi

Revenue from the Lithuanian gambling market grew by 16.81% (to €153.6 million) in the first half of 2026 iGaming accounted for €119.9 million. @DailyiGamingEN🗞 #iGaming #Lithuania

The American bank JPMorgan has severed direct banking ties with Polymarket amid heightened regulatory scrutiny of prediction markets. @DailyiGamingEN🗞 #JPMorgan #Polymarket

According to estimates by Gaming Compliance International, illegal operators in the U.S. could generate $97.4 billion in revenue in 2025 In other words, illegal operators could capture 77% of the U.S. market. @DailyiGamingEN🗞 #US #Income

806 South Korean teenagers (under the age of 19) voluntarily admitted to participating in illegal gambling during a campaign featuring esports star Lee Sang-hyeok (Faker). @DailyiGamingEN🗞 #SouthKorea #Gambling

Bulgaria has introduced mandatory licensing for iGaming affiliates for the first time Companies that generate revenue by acquiring players were required to submit applications by August 15. @DailyiGamingEN🗞 #Bulgaria #iGaming

8% of parents in New York try to earn money for their children's school supplies through gambling and betting 70% consider the back-to-school period the most stressful time of the year. @DailyiGamingEN🗞 #NY #Gambling

Prediction Markets Weekly Roundup: CFTC Escalates New York Fight as State Challenges Mount New York continued to be the center of prediction market litigation this week, headlined by an extraordinary Commodity Futures Trading Commission (CFTC) intervention in the Kalshi battle, a New York City Council probe into operators, and Novig being denied immediate relief in its first legal challenge. @DailyiGamingEN🗞 #Kalshi #CFTC

Prediction Markets Flag Dozens of Suspected Insider Traders as CFTC Enforcement Lags Prediction market platforms have begun flagging potential insider traders at a rapid pace. The surge is testing the resources and legal tools of a federal regulator already operating with its smallest staff in at least two decades. @DailyiGamingEN🗞 #CFTC #Prediction

Chicago City Council Demands Bally’s Resume Casino Construction A majority of Chicago’s City Council is demanding that Bally’s resume full construction of its $1.7 billion casino development after the company paused work on several non-gaming components. The latest development escalates an ongoing dispute over video gaming terminals (VGTs) while raising new questions over the operator’s finances. @DailyiGamingEN🗞 #Bally #Casino

iGaming No Longer the Sure Bet It Once was Considered — In New York or Elsewhere SARATOGA SPRINGS, NY – Anyone harboring hopes that New York would entertain legalizing iGaming anytime soon had their optimism dashed by state Assemblymember Carrie Woerner on Tuesday. @DailyiGamingEN🗞 #NY #iGaming

A court in Chile has ordered telecommunications companies (Claro, Entel, GTD, Telefónica (Movistar), WOM, and VTR) to block illegal gambling websites. @DailyiGamingEN🗞 #Chile #Gambling

iGaming accounted for 45.2% of the total Philippine market revenue in Q2 2026 ($675 million) Last year, the figure stood at $1.04 billion. @DailyiGamingEN🗞 #Philippine #iGaming

26% of Gen Z investors view sports betting as a deliberate part of their long-term financial strategy Last year, 52% redirected funds originally intended for investments into betting. @DailyiGamingEN🗞 #GenZ #Betting

Gambling and Prediction Market Interests Pour Millions Into Florida Elections, Largely to Donalds Gambling companies and tribal gaming stakeholders have poured more than $12 million into Florida politics ahead of the 2026 midterm elections, as sportsbook operators and prediction market companies eye a state dominated by the Seminole Tribe. @DailyiGamingEN🗞 #Gambling #Florida

NYC Council Probes Prediction Markets Over Alleged Deceptive Marketing The New York City Council has launched an investigation into four major prediction market platforms over their advertising practices and potential targeting of minors, adding another front to New York’s ongoing battle with the industry. @DailyiGamingEN🗞 #NYC #Prediction