Tagged: gambling

September 27, 2026 @ 11:45 am By Omar Faridi  |  

Polymarket is intensifying talks with policymakers in London, Brussels and other European capitals in an effort to have its event contracts treated as financial instruments rather than wagers. The New York-based prediction market, now raising capital at a valuation above $20 billion, argues that a… Read More

September 25, 2026 @ 10:17 am By Omar Faridi  |  

New York officials have opened a new front in their campaign against prediction-market platforms, accusing Polymarket’s US operation of conducting unlicensed wagering inside the state. On September 24, 2026, Attorney General Letitia James and Governor Kathy Hochul announced a civil action against QCX LLC, which… Read More

September 17, 2026 @ 8:53 pm By Omar Faridi  |  

South Korea’s police have advanced a months-long inquiry into domestic use of Polymarket from investigation into formal charging. Twenty-six local participants on the crypto prediction platform have been booked on suspicion of illegal gambling, and 18 of those cases have already been sent to prosecutors…. Read More

September 4, 2026 @ 10:49 am By Omar Faridi  |  

New Jersey has now formally asked the nation’s highest court to settle a growing dispute over who has the power to oversee sports wagering that takes place on prediction-market platforms. On September 2, 2026, Attorney General Jennifer Davenport filed a petition for a writ of… Read More

July 31, 2026 @ 6:33 am By Omar Faridi  |  

New York regulatory authorities have taken legal action against the prediction markets operator Kalshi, accusing it of running an unlicensed gambling business within the state. On July 31, 2026, Governor Kathy Hochul and Attorney General Letitia James announced that the state filed a petition against… Read More

July 21, 2026 @ 5:08 pm By Omar Faridi  |  

A Washington court has temporarily blocked Kalshi from offering sports-related contracts to users in the state. The decision, handed down on July 21, 2026, by King County Superior Court Judge John McHale, concludes that the platform’s sports event products likely constitute unlicensed gambling under Washington… Read More

June 17, 2021 @ 4:00 pm By Omar Faridi  |  

Since Bitcoin’s (BTC) launch back in 2009, virtual currency has managed to drive new markets, while spurring advancements in modern financial infrastructure. It has also led to innovative thinking in how to address the global economic requirements, the Chainalysis team writes in a blog post…. Read More

March 17, 2021 @ 3:23 pm By Samantha Hurst  |  

  Integrated payments platform Paysafe announced on Wednesday it has expanded its partnership with NeoPollard Interactive (NPi), the provider of iLottery programs in North America. Through this partnership, NPi uses Paysafe’s proprietary payment gateway to power Alberta’s only regulated online gambling website PlayAlberta.ca.  Paysafe further revealed with… Read More

February 16, 2021 @ 10:33 am By Samantha Hurst  |  

  UK challenger bank Monzo announced on Monday it is asking the UK government to make are the country’s citizens may have access to gambling blocks. According to Monzo, around two million people in Britain are experiencing harm caused by gambling, which includes getting into… Read More

July 27, 2020 @ 9:01 pm By JD Alois  |  

VC group Draper Goren Holm has invested an undisclosed amount into Degens – “the Blockchain Betting Exchange.” Founded in 2017, Degens is said to be the first peer to peer sports betting exchange to operate on the Ethereum blockchain. Degens is said to have an… Read More

August 18, 2019 @ 2:48 pm By Cali Haan  |  

America’s federal financial crimes enforcement agency, FinCEN, has noticed “a gap” in the reporting of illicit use of cryptocurrencies at casinos and card clubs in recent years, the agency’s director told attendees at the 12th Annual Las Vegas Anti-Money Laundering Conference this week. Director Kenneth A…. Read More

February 8, 2019 @ 3:10 am By Cali Haan  |  

“Decentralized apps” (dApps) built to run on newer cryptocurrency blockchains Tron and EOS have steadily taken over from Ethereum as gamblers’ financial media of choice, DIAR reports. Ethereum still processed $7.6 billion in dApp transactions in 2018, but this was mainly business coming from trades… Read More

April 4, 2018 @ 4:00 am By Cali Haan  |  

One of Ethereum’s cofounders, Joseph Lubin, is backing a new online poker platform built on Ethereum, a programmable cryptocurrency and cousin of Bitcoin. Virtue Poker promises to eliminate problems that may have informed a US-wide shut down of the online poker industry in 2011, a… Read More

December 23, 2017 @ 11:42 am By JD Alois  |  

I must admit, when I first read about Dragon Coin and its initial coin offering (ICO) I was exceptionally skeptical. But then you really need to be careful which ICO you back right now. A healthy dose of skepticism can be what separates an investor… Read More

August 17, 2017 @ 3:30 am By JD Alois  |  

I guess I should not have been surprised when this one popped into my inbox. Today, a representative of BetDSI,  a wagering platform based in Costa Rica, shot over a note they were taking odds on the year end price of Bitcoin and Ethereum.  Yes,… Read More

April 5, 2016 @ 4:25 pm By Samantha Hurst  |  

Football INDEX, a football gambling platform, recently launched a crowdfunding campaign on Seedrs to raise £800,000 as it seeks to become the world’s first football stockmarket. The company revealed that its key mission is to establish a Tradable Market in football by issuing “Virtual Shares”… Read More

January 18, 2016 @ 12:58 pm By JD Alois  |  

GamCrowd and Clarion Events have announced the participants in the forthcoming Pitch ICE event taking place at ICE Totally Gaming in February. GamCrowd is a crowdfunding platform that focuses specifically on the gaming / gambling industry. GamCrowd shares that 14 new businesses have produced a… Read More

November 20, 2015 @ 3:54 pm By JD Alois  |  

GamCrowd, a crowdfunding / crowdsourcing platform targeting the gaming industry and partner Clarion have announced they will once again work together on the Pitch ICE event that takes place this coming February. The duo are inviting gaming / gambling startups to enter the competition during… Read More

January 8, 2015 @ 7:26 am By JD Alois  |  

GamCrowd, a UK based gambling crowdfunding & crowdsourcing site has announced a new incubator for gaming startups.  According to a statement from the company, GamCrowd expects participants to benefit from a range of value-added provisions and resources to better prepare young companies and assist with the process… Read More

November 18, 2014 @ 7:50 am By JD Alois  |  

GamCrowd, a crowdfunding and crowdsourcing platform focusing on the gaming industry, has announced a partnership with Clarion Events and its ICE Totally Gaming conference.  The partnership is  designed to take visitors on a “journey of learning and discovery” at ICE Totally Gaming 2015. A series of… Read More