Brazil Sports Betting Losses Hit $12 Billion in 2025, Report Finds
TLDR Brazilian families lost an estimated R$62.5 billion (over $12 billion) to sports betting in 2025. Betting companies received roughly R$350.97 billion through […]
TLDR Brazilian families lost an estimated R$62.5 billion (over $12 billion) to sports betting in 2025. Betting companies received roughly R$350.97 billion through […]
TLDR A Connecticut federal judge denied Kalshi’s request to block state gambling law enforcement. The court ruled Kalshi’s sports event contracts do not […]
TLDR Maryland gambling revenue reached $1.637 billion in fiscal 2026, a state record. Sports betting revenue grew from $88.9 million to $132.3 million […]
TLDR Iowa regulators fined FanDuel $95,000 for offering wagers that were not approved under state law The penalty covers two separate cases: basketball […]
TLDR Bloomberg reported Kalshi parlay bettors lost $294 million this year, but that number blends two very different groups of traders When split […]
TLDR Zimbabwe’s Lotteries and Gaming Board reported ZiG47.97 million ($1.89 million) in revenue for 2025. The regulator posted an operational surplus of ZiG2.48 […]
TLDR DraftKings’ Railbird Exchange, known as DKeX, filed nine football contract categories with the CFTC on Aug. 10. The contracts cover game winners, […]
TLDR PhilWeb Corporation reported net income of PHP47.0 million ($769,000) in the second quarter of 2026, reversing a loss from a year earlier. […]
TLDR A Mississippi study found that 25% of students at public universities gambled, with 7% showing signs of problem gambling. Nearly all students […]
TLDR The Santiago Court of Appeals approved DNS blocking as the method for shutting down unauthorized online gambling sites in Chile. Telecom companies […]