49 PUBLIC GAMING INTERNATIONAL • JULY/AUGUST 2026 Flutter delists from London Stock Exchange to move to the New York Stock Exchange (NYSE) as the group’s sole primary trading venue. Nederlandse Loterij, the Dutch state-owned lottery operator to formally explore the possibility of privatisation Svenska Spel’s, Anna Romboli, stepped down as head of Svenska Spel’s core Lottery division this week Ireland National Lottery wants to ban betting on the outcome of lottery games Finland’s online gambling licensing window attracts almost 50 applications UAE gambling regulator names Ciarán Carruthers as new CEO Allwyn completes redomiciliation to Switzerland Richard Desmond’s lottery firm ordered to pay Commission and Allwyn legal costs CASINOS, SPORT BETTING, AND PREDICTIVE MARKETS NEWS EU Court Decision Weakens Malta’s Casino Legal/Political Shield Across Europe Judges in Austria have received the green light from the European Court of Justice to factor Malta’s well-known protective measures into decisions to freeze bank accounts held by online gambling companies throughout the EU. This comes as a significant setback to Malta’s approach, which has long used domestic laws to shield its gaming sector from cross-border litigation. Legal Gambling Industry To CFTC: Agency is Corrupt Meta Developing Prediction Market App ‘Arena’ to Rival Polymarket and Kalshi Meta sued over alleged illegal sports betting ads in California WLA releases Position Paper on Prediction Markets CFTC sues to prevent Rhode Island from applying state gambling laws against prediction markets Michigan AG hits back after CFTC orders Kalshi to honor Michigan trades A federal court rejected Kalshi’s preemption arguments in New York The New York Attorney General’s Office also submitted the ruling in the separate federal lawsuit brought by the Commodity Futures Trading Commission (CFTC) against New York. New Mexico Seeks to Return Kalshi Dispute to State Court. Motions to remand have so far succeeded in Nevada, Michigan, Massachusetts and Washington. Last week, a Michigan judge issued a temporary restraining order against Kalshi, requiring the prediction exchange to halt offering contracts on sporting events in the state. A U.S. soldier accused of insider trading on Polymarket moved to dismiss the CFTC’s lawsuit against him this week. Polymarket Sued Over Disputed Strategy Bitcoin Market Resolution. Polymarket was also hit with a new lawsuit over its resolution of a market concerning whether Strategy sold Bitcoin before a specified deadline. Bill Miller, CEO of the American Gaming Association: 'Prediction markets' siphon $1 billion from state and tribal economies In a 2024 federal court filing, Kalshi — a “prediction market” operator whose volume consists of nearly 90% sports — admitted that “Congress did not want sports betting to be conducted on derivatives markets.” Now, prediction markets are offering exactly what they previously said they shouldn’t — even marketing it as “sports betting legal in all 50 states.” Just this year, media publication Sportico noted that Kalshi also classified itself as “gambling” in its federal trademark request. Earlier this year, 41 state attorneys general sent a letter to the CFTC underscoring that it is sports betting and states have the right to oversee their own gaming industries according to local laws and values. Kentucky Attorney General sues Kalshi, Polymarket, and VGW over alleged illegal gambling Prediction Markets Present Major Opportunity for Gibraltar to add to its portfolio of rogue operators How Kentucky gambling lawsuits tie prediction markets with sweepstakes “Kalshi and Polymarket are operating illegal sportsbooks in Kentucky and breaking our laws,” Coleman said in a prepared statement. “These multi-billion dollar corporations and their legal fictions don’t pass the sniff test. As one of our state legislative leaders said it best, ‘If it looks like a duck and quacks like a duck …” Nevada Sports Betting Regulators Ask Court to Find Kalshi in Contempt Regulators Are Investigating Polymarket, Reports Say—As Senators Demand A Federal Probe Polymarket Faces CFTC Probe and Lawsuit After WSJ Exposes Fake-Win Ad Campaign Federal denies Polymarket's request for a preliminary injunction in Michigan case Spotify deletes streams of charttopping song after suspicious Kalshi bets FanDuel lays off several hundred employees amid sports betting industry shifts State Bans, Lawsuits Put Sweepstakes Casinos and Vendors on Thin Ice
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