Trump Backs CFTC in Legal Battle Over Prediction Markets

(AsiaGameHub) -   US President Donald Trump has endorsed federal oversight of prediction markets amid the CFTC's legal battles with several states regarding event contracts, sports markets, and gambling legislation. The dispute centers on whether federally regulated contracts should supersede state gaming restrictions. Good to Know Trump stated that the CFTC’s exclusive authority over Prediction Markets must remain. The CFTC has filed lawsuits against Arizona, Connecticut, Illinois, and New York over state actions targeting prediction markets. Spain recently restricted access to Polymarket and Kalshi while regulators investigate gambling license compliance. Trump Takes The CFTC Side In Prediction Market Fight Prediction markets have become a contentious legal issue in US gambling policy. Trump has aligned himself with the CFTC, whereas several states contend that sports and entertainment event contracts resemble gambling too closely to fall outside state jurisdiction. “It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive,” Trump wrote on Truth Social. “Under my leadership, we are setting ‘rules of the road’ that are the Gold Standard for the States.” The CFTC has already initiated legal proceedings against Arizona, Connecticut, Illinois, and New York. The agency asserts that state officials lack the power to block or regulate CFTC-registered designated contract markets when these platforms list event contracts under federal commodities law.State officials hold a contrasting perspective. They argue that contracts linked to sports, entertainment, politics, and other public events operate similarly to betting products. From this viewpoint, state gaming regulators should oversee them or prohibit them where local laws do not permit them. Trump connected the prediction market conflict to cryptocurrency policy as well. “Likewise, and even more importantly, while we are currently the Crypto (Bitcoin, etc.) Capital of the World, other Countries are trying diligently to replace us in that capacity, but we won’t let that happen,” he remarked. The comments also targeted officials who have opposed or questioned prediction markets. “We cannot have SCUM like Chris Christie, Letitia James, Tim Walz, and JB Pritzker setting the rules!” he declared. Kalshi, Polymarket, and similar platforms have tested the boundaries between financial markets and gambling. Industry supporters argue that event contracts constitute a regulated financial product. Conversely, state gaming officials maintain that a sports outcome contract still allows customers to wager money on a game result, regardless of the federal classification applied.Legal pressure has intensified internationally. Spain restricted access to Polymarket and Kalshi as regulators examine whether the platforms operated without the necessary gambling licenses. Reports also indicate restrictions or bans on prediction market operations in Indonesia and India. Trump characterized the product as part of a broader financial market competition. “Other Countries are after this new form of Financial Market, and we want to remain at the top,” he stated. The judicial battle could eventually escalate to the US Supreme Court. Until then, prediction market operators, state gaming regulators, and the CFTC face a complex division of authority regarding who holds final control over event contracts. FAQ What Are Prediction Markets? Prediction markets allow users to trade contracts based on future outcomes, such as elections, sports results, entertainment awards, or economic events. Why Is The CFTC Involved? The CFTC regulates derivatives markets and designated contract markets. Prediction market operators argue that event contracts listed on federally regulated markets fall under CFTC jurisdiction. Why Do States Oppose Some Prediction Markets? Several states argue that event contracts tied to sports or entertainment outcomes resemble gambling and should be subject to state gaming laws.What Did Trump Say About Prediction Markets? Trump asserted that CFTC authority over prediction markets should be preserved and linked the issue to US leadership in the crypto and financial markets sectors. Could The Prediction Market Fight Reach The Supreme Court? Yes. Court disputes concerning CFTC authority and state gambling regulations have already entered federal courts, and the issue has the potential to reach the US Supreme Court.   This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Leaked Draft Indicates Austria’s Online Casino Reform to End Monopoly

(AsiaGameHub) -   A leaked document from the Austrian Finance Ministry reveals intentions to open the online casino market to multiple licensed operators following months of postponement. The proposal suggests maintaining the lottery monopoly while transitioning online casino games to a broader licensing framework. Key Highlights The plan originates from a leaked draft within the Austrian Finance Ministry. Austria currently operates under a single license that encompasses lotteries and online gaming. The draft includes provisions for deposit caps, €2 stake limits, reduced prize ceilings, and compulsory breaks. Leaked Draft Highlights Online Casino Overhaul Austria has yet to publish the final reform package, but the leaked draft signals a major departure from the current single-license model. Currently, the Win2day brand, owned by Austrian Lotteries, holds the 15-year permit for lotteries and online gaming. Austrian Lotteries is a subsidiary of Casinos Austria, which also holds all 12 land-based casino licences. Under the proposed leak, “multiple providers will be permitted to offer online gambling in Austria in the future” through a “strictly regulated licensing system”. The ministry states that such a system would help divert players from illegal gambling sites and provide “the highest possible standards of player protection”.The distinction in the draft is explicit. Lotteries would remain under a monopoly, whereas online casino licences would be open to an unlimited number of operators. These licences would initially last for five years, with a potential 10-year extension. However, expanded licensing would come with strict limitations. Players under 26 would be restricted to a weekly deposit cap of €250 per operator. Older players would have a weekly cap of €1,680, though this limit could increase if they show “sufficient liquidity”. Game rules would also be tightened. The maximum stake would drop to €2 per spin or game, a reduction from the current €5 or €10 levels. Maximum winnings would fall to €2,000 from the existing limits of €5,000 or €10,000. Jackpots would be outlawed completely. The leaked draft also extends land-based player protection regulations to the online market, including speed-of-play mechanisms. The document reads: “This ensures that online gambling is subject to the same high standards of player protection as land-based slot machine gambling.”Mandatory cooling-off periods would also apply to online players. After 90 minutes of uninterrupted play, customers would be required to take a 15-minute break. Oversight would become more centralized as well. The draft mandates continuous monitoring of online gambling and a national self-exclusion program managed by the regulator. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Alpha Compute Acquires GAMEE and Establishes Alpha Games Division

(AsiaGameHub) -   Alpha Compute has finalized its acquisition of a majority stake in GAMEE, integrating a digital rewards and gaming platform boasting 120 million registered users. Additionally, the firm has established Alpha Games, a fresh AI-focused gaming unit headed by Bozena Rezab, the founder of GAMEE. Key Highlights A 60% majority interest in GAMEE was purchased by Alpha Compute. The transaction places GAMEE's valuation at approximately $18 million. GAMEE generated $3.5 million in revenue for 2025 and $926,000 during the first quarter of 2026. GAMEE Establishes Gaming Foundation for Alpha Compute Alpha Compute intends to leverage GAMEE as a direct pipeline for AI-driven gaming, Telegram Mini Apps, and digital incentives. Through this acquisition, the company gains access to a platform featuring 1.7 million monthly active users, 150,000 daily active users, and over 61 million Telegram users within its overall user base of 120 million registered accounts. Under the terms of the agreement, Alpha Compute acquires a 60% controlling share of GAMEE from Animoca Brands. The total payout could amount to $11 million, consisting of cash, Alpha Compute equity, warrants, GMEE token acquisitions, and performance-based earn-outs linked to EBITDA milestones. GAMEE kicked off 2026 with increased engagement, posting Q1 revenue of $926,000, compared to $593,000 in the same period of the prior year. During the quarter, the platform also logged 5.57 million users and 88.5 million game sessions.Alpha Compute intends to integrate GAMEE with its proprietary AI GPU computing infrastructure, which features Blackwell B200 and B300 GPU clusters. Over the coming two fiscal quarters, the company expects GAMEE to facilitate AI-driven game development, autonomous agent gameplay, and a private AI advertising network. The massive scale acquired by Alpha Compute is highlighted by GAMEE's recent promotional campaigns. For instance, an Azuki Telegram mini-app attracted 315,000 users and generated 27 million game plays. Additionally, GAMEE co-launched Gold Fest alongside nGRND and Flashy, a $2 million Telegram initiative tied to physical gold distribution. Enzo Villani, the Executive Chairman and Chief Investment Officer of Alpha Compute Corp., remarked: “Securing the majority ownership and controlling stake in GAMEE represents a landmark milestone for Alpha Compute. Rather than being just a gaming hub, GAMEE is a complete digital ecosystem with more than 100 million users, an exceptional team of founders, and a framework designed specifically for the age of artificial intelligence.” Yat Siu, the Co-Founder and Executive Chairman of Animoca Brands, stated: “GAMEE has successfully positioned itself as a massive, real-time gaming ecosystem that caters to millions of active users on the Telegram platform.”Martin Zakovec, the CEO of GAMEE, noted that the partnership provides the platform with “the necessary environment to expand and scale in a manner that was previously unattainable.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Puerto Rico to Implement National Voluntary Self-Exclusion Program Starting June

(AsiaGameHub) -   Puerto Rico will join the National Voluntary Self-Exclusion Programme in June, providing local residents with a single online pathway to block access to licensed gambling operators. The Comisión de Juegos del Gobierno de Puerto Rico announced this plan on Tuesday as part of broader responsible gaming initiatives. Good to Know Puerto Rico will begin NVSEP integration in June. This tool allows gamblers to self-exclude from multiple licensed gambling operators via a single application. NVSEP is already active across several U.S. states, including Colorado, Michigan and Louisiana. One Application For Gambling Self Exclusion Over recent years, Puerto Rico has built a more expansive regulated gambling market that encompasses casinos, sports betting and other licensed gaming activities. Amid this growth, the local regulator now seeks a simpler method for players to restrict their own access when gambling becomes a concern. NVSEP offers a single central entry point for this process. Rather than submitting separate exclusion requests to different operators or jurisdictions, players can use one single online application to block themselves from casino venues, sports betting websites and other regulated gambling services. The previous system created unnecessary friction. Self-exclusion rules were often spread across separate lists, forms and operator-specific procedures. This setup could confuse players and lower usage of this protective tool. NVSEP aims to remove this barrier by unifying enrollment and compliance work. Juan Carlos Santaella Marchán, executive director of the Puerto Rico Gaming Commission, said: “This alliance strengthens our public policy efforts to maintain a safe, highly regulated gaming industry rooted in responsible gaming practices. Our goal has always been to provide accessible tools and resources for anyone seeking support with gambling-related issues.” The programme first launched in 2024 as a cross-state self-exclusion platform for U.S. regulators and operators. It already operates in California, Wyoming, Colorado, Nebraska, Iowa, Wisconsin, Michigan and Louisiana. Puerto Rico will join later in 2026, with Massachusetts also expected to follow suit. idPair developed the platform. The company builds technology for exclusion lists across various jurisdictions, helping regulators share data and enabling operators to manage compliance through a single system. Jonathan Aiwazian, CEO of idPair, said: “The platform will simplify self-exclusion for individuals while streamlining operational processes for gambling operators.” For Puerto Rico, NVSEP also aligns with ongoing education campaigns focused on responsible gaming. The regulator stated that the programme supports consumer protection by giving players a clearer, faster way to step away from licensed gambling sites and venues. Frequently Asked Questions When Will Puerto Rico Join NVSEP? Puerto Rico will begin integrating with NVSEP in June. What Is NVSEP? NVSEP, the National Voluntary Self-Exclusion Programme, is a central online system that allows people to exclude themselves from licensed gambling operators across participating jurisdictions. Which Gambling Products Can Players Block? Players can restrict access to casino venues, sports betting websites and other regulated gambling services covered by the programme. Who Developed The NVSEP Platform? idPair developed the platform for cross-jurisdictional self-exclusion and operator compliance work. Which US States Already Use NVSEP? NVSEP is already active in California, Wyoming, Colorado, Nebraska, Iowa, Wisconsin, Michigan and Louisiana. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

UKGC Extends Deadline for Online Operators to Comply with Deposit Limit Rules to 30 September

(AsiaGameHub) -   The UK Gambling Commission has pushed back the next phase of new online deposit limit regulations, granting licensed remote gambling operators until 30 September 2026 to meet compliance requirements. The initial deadline had been set for 30 June 2026. Good to Know The revised deadline for the second phase is 30 September 2026. Gross deposit limits are required to carry the label “deposit limits.” Other financial limits remain permitted, but operators cannot use the same terminology for these offerings. Deposit Limit Rules Receive Extended Compliance Deadline Licensed UK online gambling operators now have an extra three months to complete technical, customer-facing and compliance updates linked to the Remote Technical Standards. The Gambling Commission stated that feedback from stakeholders showed firms needed more time to roll out the changes properly. As a result, the second phase of the updated deposit limit requirements will come into force on 30 September 2026 instead of the originally planned 30 June 2026. The regulatory update centers on one clear stipulation: the term “deposit limit” must refer exclusively to a gross deposit limit. Put simply, this is a cap on the total amount a customer can pay into their online gambling account over a specified timeframe. Operators may still provide other financial limits, including net limits, but they cannot present these tools under the same “deposit limit” label. Starting from the new implementation date, online gambling operators are required to make gross deposit limits available to customers. Any operators that previously removed these limits from their account toolkits may need to reinstate them. The option must also be displayed with at least equal visibility compared to other financial control features. Following its consultation process, the UKGC also clarified timing-related rules. Gross deposit limits must use fixed timeframes uniformly across the entire industry. Other financial limits may use either rolling or fixed timeframes, giving operators more flexibility to retain extra control tools while keeping the core “deposit limit” definition consistent across the sector. The first phase of the rules came into effect in October 2025. It introduced a broader range of customer-led gambling controls, including new limit types, account-level free-input financial limits, prompts for new customers to set financial limits, six-monthly account review reminders, and more standardized handling of self-exclusion and cooling-off periods. The Commission first put forward the deposit limit proposal in February 2025 after the release of the Gambling Act review white paper. It noted the core aim was to give players “more effective” ways to manage their gambling activity. The latest delay does not alter this policy direction, but it gives operators more time to adjust internal systems, help pages, customer communications and compliance reporting processes. Helen Rhodes, Director of Major Policy Projects at the Gambling Commission, noted in an October statement: “These further changes will also bring consistency and clarity for those consumers choosing to set deposit limits, while still supporting gambling businesses to offer customer choice for different forms of limits.” For UK betting sites, online casinos and other licensed remote operators, the coming months will focus on smooth, error-free implementation of the changes. Account menus, responsible gambling pages, user onboarding flows and reporting processes all need to align with the restricted usage rules for the “deposit limit” wording ahead of the September deadline. FAQ What Is The Updated UK Deposit Limit Deadline? The revised deadline is 30 September 2026. The earlier scheduled deadline was 30 June 2026. What Is A Gross Deposit Limit? A gross deposit limit sets a maximum cap on the total amount a customer can add to their online gambling account over a fixed timeframe. Can Operators Still Offer Other Financial Limits? Yes. Operators can continue to provide other financial limits, including options that use either rolling or fixed timeframes. However, only gross deposit limits are permitted to use the “deposit limit” label. Why Did The Gambling Commission Extend The Deadline? The Commission said feedback from stakeholders indicated operators needed more time to complete technical development and compliance-related work. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Rhode Island Selects Bally’s for a Second Online Sportsbook

(AsiaGameHub) -   Rhode Island's online sports betting market is set to welcome a second application, ending a period with just a single digital platform. The Rhode Island Lottery has provisionally granted Bally’s Corporation a five-year license, with its start date contingent on the conclusion of IGT's exclusive agreement on November 26, 2026. Good to Know Bally’s secured the second online sportsbook license over Rush Street Interactive. The IGT-operated Sportsbook RI has been the sole mobile option since 2019. Existing legislation allocates 51% of online sports betting revenue to the state. Bally’s Adds A Second Betting App To Rhode Island Bally’s is already present in the Rhode Island market via its physical sportsbooks in Lincoln and Tiverton. It will soon also vie for online customers against Sportsbook RI, the IGT-managed app that has facilitated mobile wagering since September 2019. The Rhode Island Lottery chose Bally’s following a limited bidding process. Only Bally’s and Rush Street Interactive answered the request for qualifications by the February 19 deadline. DraftKings and FanDuel opted not to submit bids, despite participating in preliminary discussions about the market. Patti Doyle, a Bally’s spokesperson, stated: “Bally’s is thrilled to have been awarded a second sports betting license by the State of Rhode Island. We appreciate the confidence and trust the state has placed in our ability to provide a best-in-class product — built for scalability, innovation, and the evolving demands of modern bettors — which will generate additional revenue to benefit the Rhode Island taxpayers.”Final contract terms are still being negotiated. According to Rhode Island Lottery spokesperson Paul Grimaldi, a launch is prohibited before November 26, 2026, when IGT's online exclusivity period concludes. However, IGT will not exit the market. The Lottery renewed its contract with IGT in January, securing the PlaySports technology for both retail and online operations through 2028. Rhode Island has historically maintained a more restricted sports betting framework compared to neighboring states. While Massachusetts and Connecticut provide consumers with more operator choices, Rhode Island has sustained a single online sportsbook since mobile betting debuted in 2019. The Spectrum Gaming Group previously recommended the state evaluate four to six online vendors to enhance competitiveness with bordering markets. The scant number of bidders has intensified an ongoing policy discussion. Spectrum had cautioned that Rhode Island might attract "limited interest" due to its tax structure and modest market size. Under current law, the state claims 51% of online sports betting revenue, the online operator gets 32%, and Bally’s retail venue in Lincoln receives 17%. Legislators are considering an alternative revenue distribution. Proposed bills in the House and Senate would increase the operator's portion to approximately 79%, reducing the state's share after annual revenue surpasses $18.6 million, using fiscal year 2025 projections. FanDuel endorses this approach, contending that improved terms would foster greater competition in the state's sports betting industry.Cory Fox, FanDuel's Senior Vice President of Public Policy, remarked: “These bills would give Rhode Islanders access to the best sports betting platforms in America.” Neither proposal is nearing approval. The House bill was presented to the Committee on Finance on April 29, and the Senate version was referred to the Committee on Labor and Gaming on May 20. Both were held for additional review. Senator Frank Ciccone, a Providence Democrat chairing the Joint Committee on Lottery, indicated he does not anticipate either bill progressing in 2026, characterizing the discussion as preliminary with “a lot up in the air.” FAQ When Can Bally’s Launch A Rhode Island Online Sportsbook? Bally’s is barred from launching before November 26, 2026, as IGT's exclusive online rights are effective until that date. Who Else Bid For The Rhode Island License? Rush Street Interactive also applied, but the Rhode Island Lottery awarded the license to Bally’s. Will Sportsbook RI Stay Active? Yes. IGT will continue its involvement after the state extended its PlaySports contract through 2028. Why Did DraftKings And FanDuel Not Bid? Official reasons were not provided, but industry observers cited the current revenue distribution and the market's small scale as likely factors.How Much Online Sports Betting Revenue Does Rhode Island Take? Under existing law, Rhode Island receives 51% of online sports betting revenue. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

DraftKings to Introduce Microbetting Prediction Markets: Progress or Regulatory Loophole?

(AsiaGameHub) -   DraftKings is preparing to introduce microbetting on its prediction market platform. The company is rolling out its proprietary platform, DraftKings Exchange, and the operator appears poised to mirror its sportsbook offering with an extensive array of available contracts. To some observers, this move signals ongoing innovation and new product releases; to others, it represents an exploitation of lenient regulations and targets at-risk users. DraftKings is already contending with a lawsuit alleging it uses microbetting to promote problematic gambling behavior. DraftKings Exchange Submits Filings To CFTC DraftKings Exchange filed its initial documents with the Commodity Futures Trading Commission (CFTC) last week. Among the filings is one named GAMEPROPERTY, which would enable the platform to host markets framed as, “Will [property] occur in [time period] of [event]?” This could lead to markets based on the result of the next drive in a football game, or if a goal will be scored within the next five minutes of a soccer match. Additional filings include ENTITYSTAT, which would provide markets in the format, “Will [entity] record [condition] [count] [statistic] during [time period] of [event]?” This would facilitate markets covering a broad spectrum of player propositions, such as baseball pitches, basketball statistics, and a golfer's birdie count, among others. The 'time period' component would permit in-play wagering on brief segments of games, alongside more extensive betting on entire matches and seasons. Addressing several prominent betting controversies, DraftKings CEO Jason Robins stated the company has curtailed certain markets on its sportsbook, like pitch-by-pitch baseball betting. The filings do not specify if these markets would be available on its prediction market exchange. He also remarked that prohibiting prop betting would be 'crazy'. The migration of similar markets into prediction markets, which are often perceived as less tightly controlled, is expected to face opposition. Athlete unions have called on the CFTC to ban markets tied to individual player performances, contending they escalate harassment of players and threaten the integrity of sports. DraftKings Exchange Launch Imminent At present, DraftKings provides prediction markets via collaborations with other operators, specifically Crypto.com and CME. These markets are accessible on the DraftKings Predictions platform. However, the company purchased Railbird Exchange last year, a Designated Contract Maker (DCM) authorized to establish its own markets. Other DCMs are Kalshi, Polymarket, and Crypto.com. The firm has been open about viewing prediction markets as a significant chance to grow its presence in states where traditional sports betting is not legal. “This is the most optimistic I have ever been about DraftKings' future,” co-founder and CEO Jason Robins commented regarding prediction markets last year. “We will chase this opportunity, we will compete, and we will win,” he continued. Co-founder and President Paul Liberman suggested earlier this month that the company would introduce micro markets. “I believe in sports, we will witness the emergence of quicker, more responsive micro markets that are not currently available. We've observed this already with RFQs and parlays,” he said. “I think innovation will persist in how dynamic prediction markets can become for sports.” Innovation or Regulatory Arbitrage? “Labeling this as 'innovation' is somewhat overstated,” Robert Walker informed CasinoBeats. Walker recently authored a book on DraftKings that partially commended the company's ascent but also condemned the tactics it increasingly employs to boost earnings. “The technology and markets for microbetting—betting on the subsequent play, pitch, or drive—are already established and accessible in every legally regulated sportsbook market nationwide,” Walker further noted. “The actual 'innovation' here is not the product; it's the regulatory arbitrage. The sector is fundamentally attempting to use the 'prediction market' tag as an entry point into large markets such as California, Texas, and Florida, where conventional sports betting is still entangled in legislative or tribal obstacles.” Microbetting Makes Economic Value Argument Fall Apart Claims that prediction markets do not constitute gambling are becoming harder to sustain as their scope broadens to incorporate microbetting. “The industry's justification for prediction markets frequently relies on the 'hedging' premise—the notion that these markets fulfill a genuine economic need, like the Kalshi instance of a t-shirt seller hedging against a Super Bowl result. However, that reasoning totally collapses when extended to microbetting,” Walker stated. “No legitimate commercial or economic risk is reduced by 'hedging' on whether the next play will be a run or a pass. If we begin classifying 30-second sports results as 'economic forecasts' merely to circumvent gambling statutes, the line between a prediction market and a sportsbook vanishes completely. Then, the legal structure for the whole industry begins to disintegrate due to its own illogical foundation.” Robins Admits Prediction Markets Carry Same Risks As Betting Robins himself conceded that the distinction between sports prediction markets and sports betting is negligible. During the firm's Q1 earnings call, he described it as irresponsible to claim prediction markets are distinct because they are peer-to-peer, when in practice, users frequently bet against market makers, who function much like bookmakers. “I believe part of the issue is that some prediction market operators are somewhat recklessly asserting this is not equivalent to a product like ours, because individuals are competing against each other on prediction markets, when the truth is that the majority of the capital is supplied by professional market makers, institutions, and similar entities,” he remarked. His DraftKings co-founder, Matt Kalish, has recently been vocal on social media in criticizing Kalshi for its claim that it is not a gambling service. Similar to Robins, he indicated that users typically compete against well-resourced institutional market makers. DraftKings and FanDuel have also acknowledged they view prediction markets as an avenue to broaden their trading operations. The debut of micromarkets offers further proof that DraftKings intends to be a leading player in the effort to capitalize on the potential of prediction markets. And as Walker's book declares, “The House Always Wins”. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Chinese Gambling Networks Utilize E-Commerce Cards as Casino Chips in Illegal Online Casinos

(AsiaGameHub) -   Police report that Chinese online gambling operations are enabling illegal bettors to use prepaid e-commerce cards, gift vouchers, and gaming credits as a substitute for casino chips. Authorities explain that gamblers utilize these cards to add funds to their accounts on gambling platforms. The syndicates then convert these vouchers into cash through the use of professional money mules and third-party verification services, according to the Chinese media outlet E23. Furthermore, law enforcement officials in Sichuan Province indicate that these syndicates are assembling a network of small-scale online retailers and technology experts to manage their operations. Chinese E-Commerce Cards Function as Casino Chips: An Explanation Journalists from the Chinese media outlet CNR spoke with an online retailer who used the alias Zeng Lin. Zeng Lin stated that she established her business in 2023 but initially experienced limited success selling e-commerce store vouchers. “One day, someone contacted me online,” Zeng Lin recounted. “They offered to provide me with a consistent supply of cards, assuring me that sales would be guaranteed as long as we sold their cards.” Zeng Lin accepted the offer. “Sales remained slow at first,” she said. “I was only managing to sell vouchers worth a few thousand yuan daily.” One thousand yuan is equivalent to just under $150. However, the store owner reported that approximately two weeks later, “sales suddenly surged,” generating daily revenues of 600,000 yuan (over $88,000). A subsequent police investigation revealed that Zeng Lin’s store had generated over 20 million yuan (approximately $3 million) in a single month. She later informed detectives that she began to suspect something was seriously wrong. “With such substantial daily sales, I started to suspect that the cards were exclusively being used for gambling,” the store owner admitted. Chengdu, in China’s Sichuan Province. (Image: Pixelchecker [CC BY 2.0]) Zeng Lin told the police that her supplier offered her cards and vouchers at a 9.85% discount. As sales increased, this discount rose to 9.9%, she stated. “When you deposit funds onto casino platforms, the operators recommend specific stores where you can purchase [vouchers and gift cards],” a gambling suspect informed the police. “Zeng Lin’s store had the best reputation and a high sales rate, so I would choose her store.” Redemption Platforms and Money Mules Facilitate the Scheme Police report an increase in what are known as “redemption platforms,” which cater to gambling rings. These platforms ostensibly allow customers to purchase virtual goods from legitimate online retailers. However, by routing payments through what police described as “layers of complex back-end systems,” these platforms also enable customers to exchange e-commerce credit for cash. This is where money mules become involved, according to detectives. The mules lend their bank accounts to casino operators, who then use these accounts to launder funds before eventually transferring the money to their own accounts. Casino operators can also utilize this same system to disburse winnings, police noted. “If an online gambling platform receives a significant volume of cards and needs to convert them to cash within a short timeframe, it can only do so through a redemption platform,” explained an officer from the financial investigations team at the Neijiang Public Security Bureau in Sichuan Province. Several police officers have commented that current e-commerce regulations are “practically ineffective” against this type of criminal activity. “Regulations only mandate that card-issuing companies are responsible for monitoring card purchasers,” an officer stated. “However, they do not require any oversight of what happens to these cards and vouchers after they have been sold.” Police Intensify Efforts to Locate Illegal Gambling Operations Earlier this month, several individuals suspected of being Chinese gamblers sustained injuries while attempting to evade a police raid in Pattaya, Thailand. Officers reported that three men jumped from a second-floor window onto a hard-tiled surface. Police characterized the illegal establishment as a “VIP gambling club.” Authorities also report that operators of illegal gambling dens are increasingly establishing themselves in abandoned buildings within Mainland China. Many of these operations employ CCTV networks and paid lookouts to detect the presence of law enforcement, detectives added. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Could Trump’s Support for Prediction Markets Result in Their Downfall?

(AsiaGameHub) -   President Donald Trump has voiced strong support for the prediction markets industry, branding Democrats who oppose its expansion as ‘SCUM’. Yet with Democrats favored to win the next election, the sector could face major upheaval within two years. Trump issued his most explicit endorsement of prediction markets to date in a post on his social media platform, Truth Social. He specifically criticized Democratic leaders who have taken steps to curb the growth of these markets, naming New York Attorney General Letitia James, Minnesota Governor Tim Walz, and Illinois Governor JB Pritzker. James has filed lawsuits against Coinbase and Gemini, while both Walz and Pritzker enacted legislation limiting the operation of prediction markets. At the same time, Trump voiced support for the CFTC and its chair, Michael Selig, whom he appointed. The CFTC has taken an assertive stance against state-level regulators, initiating legal action against Illinois and Minnesota, as well as Arizona and Connecticut—states also governed by Democrats. Trump Reverses Skepticism with Forceful Support Trump had recently signaled waning enthusiasm for prediction markets. Following the arrest of a U.S. soldier for betting on the capture of Venezuelan leader Nicolás Maduro, he expressed disapproval of the industry’s widespread influence. “The whole world, unfortunately, has become somewhat of a casino,” Trump remarked. “You look at what’s happening all over the world and in Europe, and everywhere they’re engaging in these betting activities. I was never much in favor of it. I don’t like it conceptually, but it is what it is now.” Trump Media, which has a partnership with Crypto.com, previously paused plans to launch a Truth Predict platform. Those plans may be revived now that Trump has reaffirmed his backing for the industry. He quickly moderated his critical tone. Just two days after calling the concept unappealing, he stated he would not want the U.S. to fall behind other nations. His Truth Social post emphasized his desire for the U.S. to lead in this emerging financial market. However, many other countries remain opposed to prediction markets. Spain and Indonesia recently banned such platforms, classifying them as unlicensed gambling. Brazil had already blocked Kalshi, while Polymarket is now banned in over 33 countries. Unlike the U.S., where regulation varies by state, most other nations adopt a uniform approach: treating prediction markets as gambling and subjecting them to strict oversight. Partisan Divide May Deepen Several bipartisan legislative efforts in Congress aim to restrict prediction markets. In Utah, Republican Senator John Curtis introduced the “Prediction Markets Are Gambling Act”. Meanwhile, Rep. Adrian Smith, a Republican from Nebraska, co-sponsored the PREDICT Act, which would impose additional limits on who can participate in these markets. The Senate has already passed a ban on members placing wagers, but Trump is unlikely to endorse broader congressional efforts to regulate the industry. His Truth Social post drew a sharp response from Democrats, including JB Pritzker, who posted on X: “The most corrupt President in our nation’s history wants to ensure states like ours cannot regulate prediction markets so his family and administration can keep profiting.” If the issue becomes a clear partisan fault line, it may benefit prediction markets in the near term but harm them over the long run. The Next Election Could Reshape the Landscape Kalshi currently assigns a 61% probability that Democrats will win the 2028 presidential election. Although it’s still early, there are strong indications that Republicans may struggle to replicate their 2024 success without Trump. The previous election prompted Donald Trump Jr. to join Kalshi as a strategic advisor. He posted on X that Kalshi’s accurate forecast of Trump’s victory convinced him to support their mission. On Election night at Mar-a-Lago, while biased outlets called the race a coin toss, my family and close friends used the prediction market @Kalshi to know we won hours ahead of the fake news media.I immediately knew I had to contribute to their mission. Today, I am proud to…— Donald Trump Jr. (@DonaldJTrumpJr) January 13, 2025 Since then, he has also become an advisor to Polymarket and invested in the company through his venture firm, 1789 Capital. After Trump’s election victory, he initially nominated Kalshi board member Brian Quintenz to lead the CFTC. Amid criticism from the Winklevoss twins, who operate the prediction market platform Gemini, he withdrew the nomination and instead appointed Selig. During the Trump administration, the CFTC facilitated the advancement of prediction markets by resisting internal efforts to impose strict regulations, according to a recent New York Times report. Biden-appointed officials were removed, and the agency actively defended its licensees. This suggests that if Democrats win the 2028 election, as forecasted, the CFTC could undergo another major restructuring. Trump claimed his administration is “setting ‘rules of the road’ that are the Gold Standard for the States,” but those standards could be overturned under a Democratic president. Gavin Newsom is currently seen as the leading Democratic contender for the 2028 race. He has received millions in donations from tribal groups, which strongly oppose prediction markets—particularly those involving sports betting, which tribes view as a direct threat. If elected president, Newsom would likely adopt a hardline stance against such wagering platforms. As a result, Trump’s endorsement of prediction markets may ultimately prove to be a double-edged sword. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Three Sentenced to Prison in Japan for Laundering $26.5M in Illegal Online Casino Profits

(AsiaGameHub) -   A Japanese court has sentenced two corporate executives and a company employee to jail, who used a complex network of bank accounts to launder proceeds from multiple illegal online casinos. According to Japanese media outlet Tokyo News Media, the three men employed forged documents and cryptocurrency investments to help conceal more than $26.5 million. A branch of the Yokohama District Court found 45-year-old Hideaki Yoshihara, the ringleader of the trio, guilty of organized crime and multiple financial regulatory violations, and handed him a 10-year prison sentence. The court also ordered Yoshihara to pay a fine exceeding $50,000. The presiding judge also sentenced two other individuals from the same company to jail: 54-year-old executive Kazuki Yoshii and 48-year-old entry-level employee Kazuyuki Takahashi. Yoshii will serve six years behind bars, while Takahashi will be incarcerated for four years. The judge ordered both men to pay fines of roughly $12,600 each. Prosecutors noted that the trio used “systematic and premeditated” methods to launder the funds and “obscure the flow of money.” The Yokohama District Court in Yokohama, Kanagawa Prefecture, Japan. (Image: 663highland [CC BY 2.5]) Japanese Court: Minimal Scope for Leniency The casinos involved in this case primarily catered to Japanese citizens. The men used a range of cryptocurrency and real estate investments to divert investigators’ attention. Prosecutors also presented evidence showing the men submitted falsified documents to the Tokyo Summary Court; these forgeries allowed them to illegally withdraw more than $333,000 from frozen bank accounts. During sentencing, the judge stated that the crime was “large-scale, organized, and premeditated, and calls for strict punishment.” “The defendants did everything possible to maximize their own profits,” the judge said. “That leaves the court with very little room for leniency.” This development comes as the Japanese government is seeking new ways to crack down on online casinos. Operating or accessing an online casino from within Japanese territory is considered a criminal offense under Japanese law. Even so, the popularity of illegal online gambling platforms continues to rise across the country. Earlier this month, a leading Japanese NGO revealed that the average debt owed by gamblers has jumped 140% over the past four years to nearly $70,000. Geoblocking: A Fix for Japan’s Online Casino Issues? Tokyo has responded to the growth of illegal casino sites by targeting high-profile online casino users, and has also increased the maximum penalties that courts can impose on those who violate gambling laws. However, the government plans to take further action by implementing geoblocking solutions to cut off residents’ access to popular casino platforms. Per Japanese media outlet Denpa Times, the Ministry of Internal Affairs and Communications is currently soliciting public comments on its proposed plans. Experts are divided on this proposal. Some argue that geoblocking measures should be a last resort, as they could infringe upon constitutional guarantees of freedom of information and expression. Currently, Tokyo only approves geoblocking measures for websites that distribute pirated content or child pornography. The public consultation period will end on June 15, 2026. Meanwhile, construction is ongoing on Japan’s first official casino, which will be built on an artificial island in Osaka Bay. The casino is scheduled to open in 2030, and is a joint project between casino operator MGM and major Japanese construction firm Orix. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Fantasy Top NFT Game to Shut Down by Late June

(AsiaGameHub) -   Fantasy Top is set to cease operations by the end of June, as its crypto influencer card game struggled to establish a sustainable business model. Key Details Fantasy Top debuted on the Blast network in 2024. The game distributed over $20 million to players and $3.2 million to influencer heroes. The final competitions are scheduled for June 18, with provisions for reimbursing unused gameplay tickets. Fantasy Top combined elements of fantasy sports, NFT trading cards, and crypto social media culture. Rather than focusing on athletic performance, players assembled teams using NFT cards representing crypto influencers. Player scores were determined by online engagement metrics, not traditional sports statistics like goals, points, or race outcomes. The concept initially garnered interest on the Ethereum scaling network Blast. However, the development team indicated that the model was not viable for long-term sustainability. The company stated:“The long-term economics of the trading card game model ultimately showed their limits.” Fantasy Top Explored Alternatives Prior to Closure Over the past year, the team experimented with new products and strategic shifts. Prediction markets and jackpots were integrated into the broader product offering, but these features will be discontinued before the game's final round. The team commented: “Despite strong experimentation and iteration speed, none reached durable market fit.”Fantasy Top had been self-funded for the preceding 2.5 years, adding to the pressure amid a challenging environment for crypto gaming, characterized by reduced funding, lower player activity, and diminished interest in many NFT-associated games. Kipit, a pseudonymous member of the Fantasy Top team, explained: “We spent months looking at every direction we had left… we didn’t have the conviction to keep going. We failed for one core reason: We tried to put crypto on top of a model that was never built for crypto.” The final competition round is slated for June 18. Players holding unused gameplay tickets will receive reimbursements, and the team confirmed that stakeholders and investors will also be compensated as part of the closure process. Fantasy Top's closure highlights both the potential and the challenges of Web3 gaming. While it introduced an innovative format, distributed substantial rewards, and attracted crypto enthusiasts, the lack of a sustainable market fit prevented the NFT fantasy card concept from progressing further. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Moonveil Ceases Operations Following Breakdown of GameFi Market

(AsiaGameHub) -   Moonveil is set to wind down its operations over the next few weeks, ending a four-year run in Web3 gaming. The company attributes the shutdown to scarce GameFi investment, a lack of viable partnerships, and a challenging environment for gaming startups. Good to Know The shutdown will be phased, with no specific end date announced yet. Its primary game, AstrArk, attracted over 2 million unique active wallets and hosted 48,000 PvP battles. Full details on the wind-down process for $MORE token holders and node operators are still pending. Moonveil informed its community of the choice, stating that ongoing efforts to secure funding and find partners did not yield a sustainable way forward. Moonveil stated: “Today, after a great deal of consideration, we are announcing the decision to wind down Moonveil and gradually discontinue project operations over the coming weeks.”The company positioned the closure as a result of external market factors, not internal issues. Over the last two years, investment has dwindled in GameFi, blockchain gaming, and the broader gaming startup sector, restricting smaller studios' opportunities to obtain capital or expand their products. AstrArk Bushwhack And $MORE Now Face A Slow Exit Prior to its closure decision, Moonveil developed multiple games. Its flagship title, AstrArk, released in February 2025 and surpassed 2 million unique active wallets. It also logged more than 48,000 player-versus-player battles. This was followed by Bushwhack, a stealth-based battle royale game that entered early playtesting in October 2025. The studio also launched a Mini Games Hub and Moonveil Punch, an initiative aimed at onboarding third-party developers to its ecosystem. Infrastructure was another focus. Moonveil built a zero-knowledge-based Layer 2 chain with Polygon's CDK, intending to link player identities and rewards across various games.Financing was initially more robust. The studio garnered $5.4 million in 2023, followed by a $9 million Pre-Series A round and an additional $5 million for ecosystem development. Its $MORE token was also listed on exchanges such as KuCoin and Bitget. Now, however, the company intends to gradually scale back community engagement, services, its website, and social media accounts. It noted that project inquiries will continue to be addressed, but responses may be delayed during the wind-down phase. Moonveil has not provided comprehensive plans for $MORE token holders or node operators. These specifics are crucial for participants invested in the project via tokens, nodes, or gameplay.   This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

2026 World Series of Poker Begins

(AsiaGameHub) -   The 2026 World Series of Poker kicked off Tuesday at Horseshoe Las Vegas and Paris Las Vegas, with 100 live bracelet events lined up from May 26 through July 15. Key Highlights The 2026 WSOP Main Event kicks off July 2 and will be narrowed down to nine players by July 13. ESPN platforms will broadcast the Main Event final table from Aug. 3 to Aug. 5. Phil Hellmuth enters this summer with 17 bracelets, still leading comfortably ahead of Phil Ivey who holds 11. The first hands dealt in Las Vegas did not open with the traditional Industry Employees event. Instead, WSOP launched bracelet competition with the $500 Mini Mystery Millions, a lower buy-in adaptation of the mystery bounty opening event first used in 2025. A $5,000 no-limit Hold’em event also got underway on opening day. The full tournament schedule runs daily through mid-July, with 30 online bracelet events running alongside the live Las Vegas series. WSOP has also refined the aesthetic of the tournament floor via new rules for patches, logos and outside promotions, giving the 2026 series a distinct feel ahead of the launch of most major events. Main Event Coverage Has an Extended Pause The largest calendar adjustment comes after the Main Event cuts to nine players. Instead of concluding the tournament immediately, players will bag their chips on July 13 and return from Aug. 3 to Aug. 5 for a live ESPN broadcast finale. ESPN confirmed the deal includes more than 100 hours of Main Event coverage spanning from July 2 through the three-night final event.Until ESPN takes over broadcast duties, all final tables and live streams will run through WSOP’s digital channels, primarily YouTube, starting May 29. Joe Stapleton, well-known for his work on PokerStars and European Poker Tour broadcasts, has joined this year’s coverage team. The all-time bracelet race adds an exciting extra layer to the summer tournament. Hellmuth leads all players with 17 bracelet wins. Ivey ranks second with 11, while Erik Seidel, Johnny Chan and the late Doyle Brunson remain tied at 10 bracelets each. Shaun Deeb, Benny Glaser and Michael Mizrachi, winner of the 2026 Main Event, enter 2026 tied at eight bracelets. Nick Schulman, who was inducted into the Poker Hall of Fame last year, alongside Josh Arieh, Daniel Negreanu, Brian Rast and Scott Seiver, all sit at seven bracelets, leaving multiple players close enough to reshape the all-time rankings with a strong summer performance. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

DraftKings Refunds Bets Affected by Kyle Busch’s Death

(AsiaGameHub) -   Following the passing of Kyle Busch, NASCAR proceeded with its scheduled events at Charlotte Motor Speedway, prompting sportsbooks to take action regarding wagers placed on the two-time Cup Series champion. Key Points DraftKings announced that customers with losing bets impacted by the situation would be issued cash credit refunds. FanDuel opted to void all race wagers from the Charlotte weekend as well as season championship bets. NASCAR decided to continue racing after consulting with RCR, series officials, and the Busch family. At the time of his death at age 41, Busch remained an active competitor. Having secured a victory in a NASCAR Truck Series event on May 15, he had been registered to compete in both the Truck Series race and the Coca-Cola 600 at Charlotte. The controversy regarding betting arose after a user on X reported that DraftKings had marked wagers involving Busch as losses. By Monday morning, DraftKings Support confirmed that users with affected losing bets would receive cash credit refunds within a 24-to-48-hour window. DraftKings Support stated:“We recognize the sensitivity of this matter and are grateful for everyone’s patience. All customers with affected losing wagers will receive cash credit refunds. These credits will be deposited into accounts within the next 24-48 hours.” FanDuel took a different approach to the weekend's events. A company representative confirmed that the sportsbook voided all race wagers from the weekend, in addition to season championship bets. NASCAR Continued Racing At Charlotte NASCAR addressed inquiries regarding whether the race weekend should have proceeded. CEO Steve O’Donnell noted that the decision was reached following brief discussions with the Busch family and Richard Childress Racing. O’Donnell remarked:“I believe it is a valid question. However, based on the brief discussions held with RCR, ourselves, and the family, the consensus was that Kyle Busch would likely be quite upset if we didn’t race. Therefore, we intend to honor his memory and ensure his legacy is recognized.” Layne Riggs secured the win in the Truck Series race, while Daniel Suárez emerged victorious in the Coca-Cola 600. Corey Day, age 20, served as the replacement for Busch in the No. 7 truck; he was uninjured after hitting the wall on lap 47 and did not complete the race. Austin Hill took over for Busch in the Coca-Cola 600, finishing in 27th place. Hill is set to continue in that position for the remainder of the NASCAR Cup Series season. Richard Childress Racing has retired Busch’s No. 8 car, reserving it for his 11-year-old son, Brexton. Hill will compete in the No. 33 car, which features a smaller number eight as a memorial tribute. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

After High Early Demand, Michigan Purchases 100 Additional Free Gamban Licenses

(AsiaGameHub) -   The Michigan Gaming Control Board has purchased an additional 100 free Gamban licenses after local residents quickly claimed most of the initial batch. Good to Know Over 80 of the first 100 free Gamban licenses were claimed shortly after the program launched. Gamban blocks gambling websites and apps across Android, iOS, Windows and macOS. Michigan residents do not have to join a self-exclusion program to claim their free license. Michigan residents now have another opportunity to access free device-level gambling blocking software through the Michigan Gaming Control Board. The agency expanded the program after demand came in faster than anticipated during the first two weeks of release. Gamban blocks access to online casinos, sports betting sites, poker, slots, social casinos, crypto gambling, NFT wagering and offshore gambling websites. A single license can cover an unlimited number of household devices, and the software works across all major operating systems. MGCB Expands Access Beyond The Initial 100 Licenses The MGCB first partnered with Gamban in April and offered free licenses valid for one to five years. The core goal was simple: remove cost as a barrier for people who want help limiting their access to online gambling.MGCB Executive Director Henry Williams stated: “The response from Michigan residents in the first two weeks of this program exceeded our expectations and demonstrates a genuine need for this resource in our communities. We moved quickly to secure an extra 100 licenses so that no resident seeking this kind of support is turned away. Michigan is committed to ensuring the expansion of legal gaming comes with the strongest possible protections for the people we serve.” The additional licenses also fit into Michigan’s broader responsible gambling initiatives, as the state is one of the largest regulated iGaming markets in the U.S. The state already uses the Responsible Gaming Database for online self-exclusion, the Disassociated Persons List for Detroit casinos and the “Don’t Regret the Bet” public awareness campaign. Williams further said:“The strong response to this program shows us that residents want accessible, device-level support — and we intend to keep delivering this resource. These extra licenses mean more Michigan residents can take back control of their gambling access, completely free of charge.” Residents can claim a free Gamban license through the state’s offer page, create a Gamban account, then install the software across all their personal devices. Live technical support is also available for anyone who needs help with setup. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Play’n GO Acquires Alberta Supplier License Ahead of July 13 iGaming Market Launch

(AsiaGameHub) -   Play’n GO has received approval from the Alberta Gaming, Liquor and Cannabis Commission, enabling the Swedish game supplier to enter Canada’s next regulated iGaming market. Good to Know Alberta marks Play’n GO’s third regulated Canadian jurisdiction, following Ontario and Quebec. The supplier has begun certification procedures for a selection of its games. Once approvals are finalized, licensed operators in Alberta will be able to offer Play’n GO’s content. The Alberta license strengthens Play’n GO’s presence in Canada as the province gears up to launch online casino services through authorized operators. With existing supplier licenses in Ontario and Quebec, the addition of Alberta expands the company’s reach across the Canadian market for its casino offerings. Play’n GO has not announced a specific launch date for its content in Alberta. Nevertheless, certain titles are already undergoing the provincial certification process, which verifies that the games comply with local technical and regulatory requirements before they can be deployed by operators. Alberta Welcomes Another Leading Casino Supplier Play’n GO introduces a broad portfolio of games to Alberta’s market pipeline, featuring grid slots, table games, and branded series. Over recent years, the company has focused on entering regulated North American markets, with Canada playing a central role in its expansion strategy. Chief Commercial Officer Magnus Olsson stated: “Regulated markets form the cornerstone of our business, and Alberta offers an exciting opportunity to grow our presence in a jurisdiction that aligns with our values of high standards, player protection, and sustainable long-term operations.” Alberta has been developing its regulated online gambling framework, engaging operators, suppliers, and platform providers in advance of the market launch. For Play’n GO, this approval positions the company to supply content to licensed casino brands once the market goes live and certification is complete. The timing also provides Alberta operators with another significant content provider as they finalize their casino offerings. Play’n GO will now transition from licensing to compliance testing, with game availability dependent on final regulatory approvals. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Spain Halts Access to Polymarket and Kalshi Pending Regulatory Review

(AsiaGameHub) -   Spain has directed internet service providers to block access to Polymarket and Kalshi as gambling regulators assess whether the two prediction market platforms offered services to local users without the necessary licenses. Good to Know The DGOJ has initiated disciplinary proceedings against Polymarket and Kalshi. The temporary block is expected to last between three and four months. In Spain, prediction markets are classified as gambling if users wager on uncertain future events. Spanish users attempting to access Polymarket or Kalshi should see warnings stating that the sites do not have gambling authorization. The Ministry of Consumer Rights made the announcement, and the notice was subsequently published in the Official State Gazette. The core issue in this case is whether event contracts fall under Spain’s gambling laws. The Dirección General de Ordenación del Juego (DGOJ) asserts they do, since users place bets on uncertain future results. This stance means prediction markets must comply with licensing regulations before they can offer services to Spanish users. Consumer Regulations Underpin Spain’s Case Regulators noted that unlicensed platforms fail to implement the safeguards mandated in Spain. These include identity verification, controls to prevent minors from accessing services, self-exclusion programs, restrictions on banned players, and other consumer protection measures.Authorities also stated that previous efforts to notify both companies at their foreign addresses were unsuccessful. Publishing the notice in the state gazette provided the DGOJ with an official way to move forward. Polymarket and Kalshi do not provide traditional online casino games. Instead, users trade positions on upcoming events such as elections, economic indicators, global political developments, and leadership transitions. Recent markets featured questions like whether Spanish Prime Minister Pedro Sánchez would resign early and which political figures might step down this year. Spain has now joined a growing list of European countries tightening restrictions on prediction market access. France blocked Polymarket in 2024 after determining the platform likely violated local laws. Germany, Belgium, Portugal, Switzerland, Romania, the Netherlands, and Poland have also imposed restrictions on these platforms. Yet, there is no unified approach across Europe. Malta is exploring potential regulations for prediction markets, while Gibraltar issued its first prediction market license earlier in 2026. This divergence means operators must navigate questions related to gambling, financial markets, securities, and commodities simultaneously.Prediction markets experienced rapid growth following increased attention during the 2024 U.S. presidential election. Higher trading volumes have since led to more license audits, consumer protection evaluations, and classification disputes across Europe. Spain anticipates a final decision within three to four months. Polymarket and Kalshi have several options: apply for local licenses, challenge the gambling classification, or modify their offerings targeted at Spanish users.   This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

bet365 Secures Alberta iGaming Market Entry, Set for July 13 Launch

(AsiaGameHub) -   bet365 has been added to Alberta's roster of approved operators for the province's online gambling launch on July 13, providing the global brand entry to its second regulated market in Canada. Good to Know bet365 is listed by the AGLC under the names Hillside International Gaming and International Sports. Alberta is scheduled to commence regulated online sports betting and iGaming on July 13, 2026. There are now 31 gaming operators readying for the launch in the province. While bet365 has not made an official launch statement, the Alberta Gaming, Liquor, and Cannabis Commission included the company on its list of approved operators this Monday. This authorization encompasses both online casino and sports betting offerings under the Hillside International Gaming and International Sports brands. Alberta is poised to become Canada's second open online gambling market, following Ontario. The province has designated July 13, 2026, as the kickoff for regulated private-sector iGaming and sports betting, mandating that operators register with the AGLC and agree to commercial terms with the Alberta iGaming Corporation. Alberta Adds Another Major Brand The lineup of operators for the Alberta launch is already extensive. Major names like DraftKings, FanDuel, BetMGM, Rush Street, Hard Rock Bet, and Caesars are preparing to enter the market alongside bet365. The province has also granted approvals to 35 gaming providers and 11 suppliers.For bet365, the move into Alberta is part of a broader North American expansion. Founded in England by Denise Coates in 2000, the operator launched in Ontario in 2022 and entered the U.S. market later that same year. It is now live in 17 U.S. states, with Michigan being one of its most recent additions this past April, and it established a U.S. headquarters in Colorado in September 2024. The company has demonstrated robust performance in certain U.S. states that disclose individual operator data. For instance, bet365 ranked third in both handle and profit in Ohio during March Madness. Ontario does not publish the same detailed operator breakdown, leaving its precise standing in that market unknown. Alberta's objective is to shift online gambling from grey-market operations into a taxed and regulated system. Government estimates indicate a significant portion of online gambling expenditure currently occurs outside the provincial framework, which is a primary motivation for introducing this new competitive model. This new market will also conclude the Play Alberta monopoly on legal online gambling in the province. Several online casinos and sportsbooks, including DraftKings, have already initiated preregistration campaigns as operators aim to secure customers ahead of the July 13 launch.  This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

U.S. Problem Gambling Helpline Sees Surge in Online Betting-Related Calls

(AsiaGameHub) -   In 2025, the U.S. National Problem Gambling Helpline received over 31,000 contacts each month, with online gambling, younger individuals reaching out, and financial strain playing a more prominent role in help requests. Good to Know Almost 49.48% of the Helpline’s contacts came from people aged 18 to 34. Online and app-based gambling increased to 31% of contacts, up from 23% in 2024. Financial stress remained the top reason for reaching out, rising to more than 73%. Online gambling now stands nearly equal to slot machines and electronic gaming in the National Problem Gambling Helpline’s data. Traditional slots and electronic gaming dropped from 36% to 31% as a primary concern, while online and app-based gambling climbed to the same 31%. Sports betting and card games also appeared more frequently in contacts. Easy access via mobile betting apps, the growth of legal sports betting across more states, and 24/7 gambling availability all contribute to this trend. However, the report does not claim any single product directly caused gambling harm. Younger Contacts and Financial Pressure Shape the Data The age profile tells a clear story. Nearly half of all contacts came from individuals aged 18 to 34, continuing a trend of younger people seeking gambling support.Student gambling has also drawn increased attention. Researchers at Ole Miss recently surveyed students across seven state universities and found that 39% had gambled in the past year. The University of Mississippi has since launched the first U.S. academic center focused on student gambling, with plans for work in research, prevention, treatment, and college sports integrity. The Helpline also reported a more diverse caller profile. The share of contacts identifying as white has declined since 2023, while multiracial contacts have risen. Men still made up about 70% of contacts, but for the first time, almost 1% identified as transgender or non-binary. Approximately 4% of contacts came from spouses or family members asking for help on someone else’s behalf. Financial issues remained the main reason people reached out. Over 73% reported gambling-related financial stress, up from 66% in 2024. Mental health concerns were cited in 32% of contacts, and relationship problems in 22%. The report does not estimate the total number of Americans with gambling problems. Instead, it shows who contacted the Helpline and what they shared when reaching out. Even so, the 2025 data gives regulators, operators, and treatment groups a clearer view of how online betting, financial pressure, and younger users now overlap in conversations about gambling harm. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Spain and Indonesia Add to List of Banning Prediction Markets as Unlicensed Gambling

(AsiaGameHub) -   Spain and Indonesia have declared prediction markets as gambling, banning leading platforms from operating in the countries. In Indonesia, the country has banned Polymarket, while Spain has blocked access to both Polymarket and Kalshi. Spain’s Ministry of Consumer Affairs issued an order on Tuesday to block the websites, which it says offer gambling services without a valid license. The block is to be executed within the next seven to ten days. Indonesia Objects To Polymarket’s Political Markets Indonesia’s Ministry of Communication and Digital Technology announced on Monday it had blocked Polymarket. It claims Polymarket is operating a gambling site disguised as a prediction market. “The government will not allow any form of online gambling in Indonesia,” said ministry spokesperson Alexander Sabar in a press release. “Activities like Polymarket involve betting and speculation on uncertain outcomes, thus violating Indonesian law.” The action follows Polymarket offering users the chance to wager on the early resignation of the country’s president, Prabowo Subianto. The market has not seen significant trading activity, and the likelihood of Subianto leaving his position this year remains low. A similar market on Iran’s leader, Ali Khamenei, to leave his post sparked major controversy when the Ayatollah was killed in military strikes earlier this year. Indonesia referenced other countries that have recently blocked access to Polymarket, including Singapore, Brazil, and India. In addition, it noted that other Asian countries, such as Taiwan, Thailand, China, and Japan, have implemented restrictions. Subianto has led a crackdown on illegal gambling in Indonesia since taking office in 2024. At that time, Indonesians wagered an estimated $24 billion a year illegally. That figure dropped to around $18 billion last year after the government froze over 30,000 bank accounts linked to illicit gambling. Platforms Seek International Approval Polymarket’s international platform has been restricted in 33 different countries, including the US. It is in the process of rolling out its US platform after being granted a license by the Commodity Futures Trading Commission (CFTC) last year. A company spokesperson told CasinoBeats via email that it would welcome the opportunity to work constructively with Indonesian authorities. “Polymarket is committed to engaging constructively with relevant authorities in every jurisdiction,” the spokesperson said. “We welcome the opportunity to collaborate with Indonesia on a path forward that supports responsible innovation, transparency, and user protection in prediction markets.” The company is also said to be seeking entry into the Japanese market. It recently appointed a representative in Japan and is preparing to lobby for the authorization of prediction markets in the country, Bloomberg reported. Sources said Polymarket sees Japan as a large, untapped business opportunity and wants to launch in the country by 2030, although it has not officially made its plans public. Like Indonesia, Japan has very limited legal gambling, with online sports betting and casinos illegal. Spain Joins Brazil In Banning Kalshi Polymarket has primarily operated internationally since being outlawed in the US in 2022. Kalshi, however, has predominantly focused on the US market under CFTC regulation. The company attempted its first official international launch in Brazil earlier this year, partnering with XP, one of the country’s largest brokerage firms. However, a month after announcing the deal, Brazil blocked access to the site. “This product that was being presented as a security  carried the potentially very destructive features of gambling,” said Minister Regis Dudena, the former head of the country’s gambling regulator. Spain is also one of Europe’s strictest countries on unregulated gambling. In November last year, it fined six companies €5 million ($5.79 million) for operating without a valid license. It has not announced any fines for Kalshi or Polymarket, but may do so if it finds the companies do not comply with the ban. Kalshi did not immediately respond to a request for comment. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Kalshi Launches Group Against ‘Gambling Industry Lies

(AsiaGameHub) -   Kalshi has countered a smear campaign by the group FairPredicts by establishing a new advocacy organization, Americans for Fair Markets (AFM). The company stated this group will combat what it calls the gambling industry's falsehoods regarding prediction markets. FairPredicts has been conducting an advertising campaign using the slogan "Kalshi Lies." Kalshi dispatched a cease-and-desist letter to the group, which has not disclosed its financial backers, last week. The letter alleged that FairPredicts is engaged in the "publication, dissemination, and paid promotion of false, misleading, defamatory, and commercially disparaging statements." Kalshi Launches Americans for Fair Markets One day after issuing the cease-and-desist letter, Kalshi revealed the formation of AFM. "We will not be outspent or outmaneuvered by entrenched interests guarding their monopolies. Millions of Americans have demonstrated they desire regulated, transparent, and fair prediction markets, and we will ensure they can access them," said John Bivona, Head of Government Relations at Kalshi, who will act as a board member for the new entity. In its announcement, Kalshi pointed to "false information about prediction markets" propagated by FairPredicts as a motivation for creating AFM. It stated the "new organization will confront the sportsbook and casino interests that are intent on preserving their monopolies and planting misinformation about prediction markets with policymakers. It will also initiate campaigns to advance legislation that supports innovation, integrity, and consumer protection." Trump Ties To Prediction Markets Under Scrutiny Taylor Budowich will be the group's strategic advisor. Budowich maintains close connections to former President Donald Trump, having served as his deputy chief of staff last year. He also collaborated with Donald Trump Jr. on the Save the U.S. Senate PAC. Trump Jr. likewise serves as a strategic advisor for Kalshi and its competitor, Polymarket. Trump Media has also entered a partnership with Crypto.com. The New York Times reported last week that the Commodity Futures Trading Commission (CFTC) has taken steps to shield companies linked to Trump, including reassigning staff who sought to probe their operations. White House spokesman Davis Ingle dismissed any allegations of impropriety. "President Trump acts solely in the best interests of the American people," Ingle informed the Times. "No conflicts of interest exist." The CFTC has been a vigorous defender of Kalshi and similar prediction market platforms. Last week, it initiated legal action against Minnesota officials following the state's enactment of a ban on various prediction markets. Lobbying Ramps Up Along With Legal Battles The activities of the FairPredicts and AFM groups appear poised to escalate an already contentious fight over the legal standing of prediction markets. Kalshi asserts it suspects casino lobbying organizations are bankrolling FairPredicts. Both the prediction market and casino sectors are pouring significant resources into political lobbying. Kalshi expended more than $1 million on lobbying activities last year. Only two gambling entities, the American Gaming Association (AGA) and the Gila River Indian Community, spent a greater amount. According to the company, AFM comprises Kalshi and "a coalition of the industry's most significant stakeholders." Kalshi previously founded the Coalition for Prediction Markets in partnership with Crypto.com, Underdog, Coinbase, and Robinhood last year. That coalition also declared its mission was to safeguard the legal status of prediction markets from casino-supported initiatives aimed at curtailing the industry. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Hedge Funds Profit $2 Billion by Betting Against Gambling Giants

(AsiaGameHub) -   In the film The Big Short, the character of Michael Burry, portrayed by Christian Bale, generated $2.69 billion for investors by shorting subprime mortgages. In reality, Burry's profit was approximately $700 million. Hedge fund managers have identified a new lucrative target: the gambling sector. So far this year, traders have profited by $2.3 billion from short bets placed against Flutter, DraftKings, and Entain. FanDuel's Struggles Trigger Flutter Stock Decline Two Sigma Investments has established the most significant short position against Flutter, which owns FanDuel. This New York hedge fund has grown its short stake in the company from 0.61% last year to 2.21% this year. This wager against the betting behemoth has proven successful. Flutter's share price currently trades at 7298 GBX, representing a decline of over 54% since the beginning of the year. DE Shaw has also assumed a substantial position against the firm. The multinational investment group began raising its stake last October and was shorting 1.49% of Flutter's London-listed shares, according to the Financial Times. A major contributor to the decline has been FanDuel's inability to expand in the US market while facing competition from prediction markets, which also resulted in the removal of CEO Amy Howe this month. UK tax increases have further impacted Flutter, the owner of major betting brands like Paddy Power, SkyBet, and Betfair. Short Interest Declines Amid Stock Rebound Although faring better than FanDuel, DraftKings has also experienced a significant stock price drop this year, yielding gains for hedge funds shorting the company. Its value has fallen nearly 30% year-to-date. However, short interest has fallen by almost 12% in the last month. MarketBeat data indicates a current short interest of 36.09 million shares, equating to 13.78% of the public float. The company's share price has increased by 6.76% over the past month. Likewise, Entain, the parent company of Ladbrokes and Coral and a half-owner of BetMGM, has watched its share price fall roughly 30% this year. Marshall Wace, Millennium International Management, and Capital Fund Management have all taken short positions in the gambling firm. However, these investors are starting to exit their positions. All three investment groups have decreased their short stakes. Marshall Wace's position is now 0.99%, down from 1.7% last month. Capital Fund Management reduced its stake from 0.82% to 0.68%, while Millennium International's fell from 1% to 0.58%. Short positions against Flutter may also have reached their high point. Both Two Sigma Investments and DE Shaw slightly trimmed their positions this month. Prediction Market Regulation May Fuel Price Recovery Gaming stocks have rebounded this week. Entain currently has a consensus analyst rating between Buy and Strong Buy from major analysts on Wall Street and in London. Barclays analyst Brandt Montour attributed the value losses for Entain, DraftKings, and Flutter to "extreme levels of pessimism" among investors, driven by the ascent of prediction markets. The valuations of Kalshi and Polymarket have surged. Following a recent funding round, Kalshi is now valued at approximately $22 billion. Polymarket is valued around $15 billion. Their respective valuations last year were about $5 billion and $9 billion. Nevertheless, growing legal scrutiny of prediction markets could indicate these companies have peaked. Montour anticipates a "relief rally" for Flutter's share price as legal proceedings intensify against Kalshi and sports prediction markets. The outcome may largely depend on whether courts ultimately classify prediction markets as gambling or investing. The distinction is subtle. As this year's volatility in betting company shares demonstrates, investing is certainly a gamble. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

2026 Bitcoin Price Forecasts Divided: $50K Pullback or $250K Breakout

(AsiaGameHub) -   Projections for Bitcoin's price in 2026 are diverging sharply. One camp of analysts anticipates a new surge towards $125,000 to $250,000, whereas others caution that BTC may drop back to the $40,000-$60,000 zone prior to achieving its next cyclical high. Good to Know Arthur Hayes predicts Bitcoin will hit $125,000 by December 2026. Bernstein and Standard Chartered forecast a 2026 range of $150,000 to $250,000. Peter Brandt and other market participants alert to a potential drop to $40,000-$60,000 before the next significant rally. Bitcoin Forecasts Range From Caution To Seven Figures Arthur Hayes, BitMEX co-founder and CIO of Maelstrom, forecasts Bitcoin will attain $125,000 by December 2026. He links this prediction to a resurgence in global liquidity, potential shifts in Federal Reserve policy, and fresh capital inflows driven by AI. Hayes added that a retest of the previous all-time high exceeding $126,000 appears probable if these factors converge. Michael Saylor, executive chairman of MicroStrategy, maintains a far longer-term perspective. He has estimated approximately 30% yearly Bitcoin appreciation over the coming two decades and has consistently cited a $1 million price target by the decade's end. In his most ambitious long-term scenario, he has mentioned $10 million as Bitcoin evolves into a form of worldwide digital collateral. Institutional research occupies a middle ground. Analysts at Bernstein set a year-end 2026 target of $150,000 to $200,000, bolstered by ETF inflows and institutional interest. Standard Chartered analyst Geoffrey Kendrick proposes a comparable 2026 range of $150,000 to $250,000, with subsequent targets of $400,000 to $500,000 by 2029 and 2030. Conversely, Peter Brandt is skeptical of the most optimistic 2026 predictions. He stated that traders projecting $250,000 for 2026 should rethink their outlook. His analysis of market cycles suggests a potential low between $40,000 and $60,000 in September or October 2026, which would precede a later peak of $250,000 to $500,000 in late 2029, assuming the four-year halving cycle persists. Cathie Wood presents one of the broadest long-term outlooks. Ark Invest outlined a 2030 bear case of $300,000, a base case of $710,000, and a bull case of $1.5 million. Tim Draper also stays optimistic, targeting $250,000 within approximately 18 months, while Adam Back envisions $500,000 to $1 million around 2028. Additional lofty predictions feature VanEck's head of digital assets research, Matthew Sigel, who sees $1 million within the current U.S. presidential term, and Fundstrat analyst Tom Lee, who expects a cycle peak between $200,000 and $400,000 or more for 2026-2027. On the more conservative side, Doctor Profit and Crypto Rover have both highlighted the possibility of a bottom in the low $40,000s to $50,000 range in fall 2026. Mike Novogratz has recently refrained from setting a specific target, instead emphasizing inflation, macroeconomic pressures, and a move toward real-world asset adoption as key influences. During the source period, Bitcoin's price fluctuated mainly between $75,000 and $82,000 throughout much of late April and May, trading near $77,000. The central divide is now evident: bullish investors anticipate that liquidity, ETFs, and growing adoption will propel BTC beyond $125,000, while prudent traders foresee another substantial correction before the next major cycle peak. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

BetVictor Gives New Customers 100/1 Odds on England World Cup Triumph

(AsiaGameHub) -   BetVictor has launched a fresh World Cup betting campaign featuring a 100/1 odds offer on England for new customers, stoking early excitement around one of the tournament’s key betting narratives. Good to Know New BetVictor users are eligible for 100/1 odds on England claiming the World Cup title. This offer is available for a restricted period via the BetVictor mobile app and official website. Current BetVictor customers will receive Super Boosts and Odds Boost tokens throughout the tournament. BetVictor Crafts World Cup Campaign Focused on England-Related Betting Demand BetVictor has centered its newest World Cup promotion on England, providing new customers with boosted 100/1 odds for the Three Lions to take home the tournament trophy. This offer comes from BVGroup’s flagship brand BetVictor and is part of a broader football betting initiative. The operator plans to roll out additional offers, odds boosts, and customer engagement activities as World Cup betting volume rises throughout the event. England enters the summer tournament as one of the teams expected to draw significant betting interest. BetVictor is leveraging this demand to drive new sign-ups, while also giving existing players more reasons to stay active through Super Boosts and Odds Boost tokens.A new TV advertisement supports the campaign, alongside radio and out-of-home marketing efforts. BetVictor has previously focused on football during major events, and the World Cup gives the brand a clear opportunity to target both casual bettors and regular sportsbook users. BetVictor spokesman Sam Boswell said: “We know that when people have a flutter, their favorite thing is getting some value—and that’s exactly why we’re offering new customers 100/1 odds on England to finally bring football home this summer. It’s a fantastic price for what we hope will be a massive moment for the Three Lions and their fans. All our existing players will also get to join the fun with exciting Super Boosts and Odds Boost tokens throughout the tournament, which promises to be bigger and better than any World Cup we’ve seen before.” The 100/1 England World Cup offer is available for a limited period on the BetVictor website and app. For BetVictor, this campaign ties together customer acquisition, football marketing, and tournament-led betting activity at a time when interest in international football typically draws a wider audience. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

FIFA Announces All Team Base Camps for 2026 World Cup

(AsiaGameHub) -   FIFA has officially designated the Team Base Camp Training Sites for the 2026 World Cup, allocating training grounds for all 48 participating nations across Canada, Mexico, and the United States. Key Information The selection process commenced in 2024 and extended throughout 2025. Seven nations are set to train in Mexico, two in Canada, while 39 will utilize facilities in the United States. FIFA announced that 25 communities, distinct from the 16 Host Cities, will also serve as venues for national teams. World Cup 2026 Team Bases Confirmed FIFA has released the complete roster of Team Base Camp Training Sites for the 2026 World Cup on its official tournament page, ensuring every participating squad has a designated location for training prior to and during the group stage. The procedure began in 2024, when FIFA provided prospective qualifiers with an initial list of top-tier training options. This list was subsequently refined throughout 2025, with teams finalizing their choices following the Final Draw in early December 2025. The selections were drawn from over 60 potential sites and were influenced by the locations of each team's group-stage fixtures. Mexico is home to seven training sites: Colombia, IR Iran, Korea Republic, Mexico, South Africa, Tunisia, and Uruguay. Canada hosts two: Canada and Panama. The remaining 39 teams have secured facilities within the United States.These base camps extend World Cup activities beyond the 16 Host Cities. FIFA noted that 25 additional communities will welcome national teams, including New Tecumseth in Canada, Cancun, Pachuca, and Tijuana in Mexico, as well as various U.S. locations such as Austin, Boca Raton, Charlotte, Greensboro, Nashville, Portland, San Diego, Santa Barbara, Spokane, Tampa, and Winston-Salem. Complete FIFA World Cup 2026 Team Base Camp Training Site List Algeria — Kansas City — University of Kansas Argentina — Kansas City — Sporting KC Training Centre Australia — San Francisco Bay Area — Oakland Roots/Soul Training Facility Austria — Goleta — UC Santa Barbara Harder Stadium Belgium — Renton — Seattle Sounders FC Performance Centre and Clubhouse Bosnia and Herzegovina — Sandy — RSL Stadium Brazil — New York New Jersey — Columbia Park Training Facility Canada — Vancouver — National Soccer Development Centre Cote d’Ivoire — Philadelphia — Philadelphia Union Congo DR — Houston — Houston Training Centre Colombia — Guadalajara — Academia Atlas FC Cabo Verde — Tampa — Waters Sportsplex Croatia — Alexandria — Episcopal High School Curaçao — Boca Raton — Florida Atlantic University Czechia — Dallas — Mansfield Multipurpose Stadium Ecuador — Columbus — Columbus Crew Performance Centre Egypt — Spokane — Gonzaga University England — Kansas City — Swope Soccer Village Spain — Chattanooga — Baylor School France — Boston — Bentley University Germany — Winston-Salem — Wake Forest University Ghana — Boston — Bryant University Haiti — New York New Jersey — Stockton University IR Iran — Tijuana — Centro Xoloitzcuintle Iraq — Greenbrier County — The Greenbrier Sports Performance Centre Jordan — Portland — University of Portland Japan — Nashville — Nashville SC Korea Republic — Guadalajara — Chivas Verde Valle Saudi Arabia — Austin — Austin FC Stadium Morocco — New York New Jersey — The Pingry School Mexico — Mexico City — Centro de Alto Rendimiento Netherlands — Kansas City — KC Current Training Facility Norway — Greensboro — UNC Greensboro New Zealand — San Diego — University of San Diego Torero Stadium Panama — New Tecumseth — Nottawasaga Training Site Paraguay — San Francisco Bay Area — Spartan Soccer Complex Portugal — Palm Beach Gardens — Gardens North County District Park Qatar — Santa Barbara — Westmont College South Africa — Pachuca — CF Pachuca Universidad Del Futbol Scotland — Charlotte — Charlotte FC Senegal — New York New Jersey — Rutgers University Switzerland — San Diego — SDJA Sweden — Dallas — FC Dallas Stadium Tunisia — Monterrey — Rayados Training Centre Türkiye — Mesa — Arizona Athletic Grounds Uruguay — Cancun — Mayakoba Training Centre Cancun United States — Irvine — Great Park Sports Complex Uzbekistan — Atlanta — Atlanta United Training Centre This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Stake Rolls Out Online Casino And Sportsbook In Buenos Aires Province

(AsiaGameHub) -   Stake has officially launched in the Province of Buenos Aires, providing residents of Argentina’s most populous province with access to its regulated online sportsbook and casino platform at stake.bet.ar. Key Details Stake’s operations in Buenos Aires Province are authorized by the Provincial Institute of Lottery and Casinos. The region boasts a population exceeding 17 million and a deep-rooted sports culture. This expansion builds on Stake’s recent growth across Latin America, including entries into Brazil, Colombia, Peru, and Mexico. Stake Expands Its Latin American Footprint Into Buenos Aires Province Stake has introduced its online casino and sportsbook services to the Province of Buenos Aires, marking a significant milestone in one of Argentina’s primary gaming and sports markets. Operating under the regulatory approval of the Provincial Institute of Lottery and Casinos (IPLyC), the company is now providing services to local users via stake.bet.ar. This entry grants Stake access to a region of over 17 million people characterized by high mobile connectivity and a profound enthusiasm for football and other athletic pursuits. Given the brand's focus on casino gaming, sports betting, and international sports partnerships, the Buenos Aires market aligns perfectly with its broader Latin American strategy. Argentina offers a landscape where a vibrant sports culture can drive interest in both betting and casino products. Stake has already established a local connection through its partnership with former Argentine national team striker Sergio Aguero, a move designed to foster brand familiarity in a competitive market.Diana Otalora, General Manager for Latin America at Stake, commented: “Argentina represents a vital market for us and serves as a logical progression in our Latin American expansion. The country features a highly passionate sports culture, a vast and digitally active population, and significant long-term potential for our brand. “We have maintained strong momentum throughout Latin America recently, and this launch underscores our commitment to positioning Stake as the premier entertainment provider in the region. We are thrilled to introduce our high-quality casino and sportsbook experience to Argentine players through stake.bet.ar.” Stake has steadily increased its presence across Latin America, with established operations in Colombia, Brazil, Peru, and Mexico. The addition of Buenos Aires Province provides a new regulated hub within the region and a licensed foothold in one of Argentina’s most economically significant territories.Since its inception in 2017, Stake has evolved into a leading global online casino and sportsbook operator. The company reports that its platforms generate over 100 million monthly visits, driven by a mobile-centric interface, diverse gaming options, and high-profile collaborations. For users in Buenos Aires Province, the service will feature a tailored version of the Stake platform, integrating advanced technology and mobile accessibility with gaming content specifically curated for local tastes. Frequently Asked Questions Where has Stake launched in Argentina? Stake has debuted in the Province of Buenos Aires, which is Argentina’s largest and most densely populated province. Which website should players visit? Users located in Buenos Aires Province can access the authorized Stake platform at stake.bet.ar. Who provided the license for Stake in Buenos Aires Province? Stake is licensed and regulated by the Provincial Institute of Lottery and Casinos, commonly referred to as IPLyC. Why is the Argentine market significant for Stake? Argentina offers a large digital-native audience and a robust sports culture, both of which are essential for the long-term expansion of online sports betting and casino gaming in Latin America. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

FTC Files Complaint Against Roblox Over Child Safety and Spending Practices

(AsiaGameHub) -   Roblox is facing a new complaint from the FTC concerning allegations related to child safety, Robux spending, chat accessibility, and the platform’s overall design for young users. Good to Know Fairplay and the National Center on Sexual Exploitation submitted the complaint on May 20, 2026. The filing urges the FTC to assess Roblox under Section 5 of the Federal Trade Commission Act. Roblox disputes the allegations, citing age verification measures, chat restrictions, parental controls, and moderation systems. Roblox Legal Challenges Expand Roblox is already contending with over 140 federal lawsuits linked to purported failures in child safety. Attorneys General from Texas, Louisiana, Florida, Kentucky, Iowa, Tennessee, Nebraska, and Arkansas have also filed suits against the company, while Georgia has launched a separate investigation into claims of adult-minor contact originating on the platform. Now, Fairplay and the National Center on Sexual Exploitation are calling for FTC intervention. Their complaint, logged under docket 2026-00096, alleges that Roblox may have breached Section 5 of the Federal Trade Commission Act, which prohibits unfair or deceptive business practices. The request has garnered support from multiple organizations, including the Center for Digital Democracy, the Consumer Federation of America, Electronic Privacy Information Center, Institute for Families and Technology, The Anxious Generation Movement, Young People Alliance, and ParentsSOS. Robux Spending Under Scrutiny Robux, the platform’s virtual currency, is a central focus of the complaint. Users purchase Robux with real money to buy avatar items, access games, support creators, and unlock in-game perks. The advocacy groups contend that younger players often fail to recognize the real-world value of virtual currency. The filing references a case in which a 10-year-old girl reportedly spent over $7,000 on Roblox within two months after circumventing parental controls. The complaint further alleges that Roblox employs design elements that encourage prolonged play and normalize spending, placing the company within a broader regulatory debate about youth exposure to virtual currencies, loot-style mechanics, and in-app purchases. Chat Features Raise Safety Concerns The safety allegations heavily emphasize real-time text and voice chat capabilities. The complaint asserts that these tools may enable adults to contact minors, while parents may lack sufficient awareness of the associated risks. Ashwin Verghese, communications director at Fairplay, stated that parents are attempting to “protect their children on Roblox, but it’s not a fair fight.” Roblox maintains a vast youth user base, with the company reporting over 30 million daily users under 13. Advocacy groups estimate that more than half of all users are under 17, amplifying the significance of every safety-related claim for parents, regulators, and platform partners. Roblox Highlights 2026 Safety Enhancements Roblox denies the allegations, emphasizing that U.S. users must verify their age before accessing chat features and that minors are restricted to communicating only with peers within their age group. The platform also references mandatory Facial Age Estimation for chat access, enhanced parental controls, automated moderation systems, and safeguards that prevent the sharing of personal information in chats. Chief Safety Officer Matt Kaufman has described safety as “a journey with no finish line.” Nonetheless, age verification has faced criticism, with reports indicating that pre-verified Roblox accounts appeared for sale on eBay for as little as $4 shortly after the requirement was implemented. The FTC has not indicated whether it will pursue an investigation, and a spokesperson declined to comment. In 2025, Cognosphere agreed to a $20 million settlement with the FTC over Genshin Impact loot box practices and unclear in-game pricing, serving as a cautionary precedent for gaming companies regarding youth monetization. Founded in 2004 and listed on the New York Stock Exchange in 2021, Roblox operates more as a user-driven creation platform than a conventional game, with Robux serving as the backbone of its internal economy. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Netflix Announces Cast for Las Vegas Casino Series ‘The Roman’

(AsiaGameHub) -   Netflix has announced the principal cast for The Roman, an eight-part drama series situated within the contemporary Las Vegas casino industry. Key Highlights Oscar Isaac is set to portray Robert “Bobby Red” Redman, a high-ranking hotel casino executive. Martin Scorsese is serving as producer for the series, following his 1995 classic film Casino. Brian Koppelman and David Levien, the creators of Rounders, will oversee the Netflix production. Netflix Places The Roman Amidst Modern Las Vegas Casino Influence Netflix is revisiting the Las Vegas gambling genre with The Roman, featuring a cast that establishes a strong connection to casino cinema. Oscar Isaac stars as Robert “Bobby Red” Redman, with Betty Gilpin, Alec Baldwin, and David Costabile rounding out the ensemble. The narrative focuses on contemporary Las Vegas, departing from the mob-era backdrop of Casino. Netflix characterizes the hour-long drama as being set in the “high-stakes, sharp-elbowed present-day Las Vegas casino business, which is a modernized but still dangerous version of the legendary city.” Isaac portrays a hotel casino president striving to maintain his status at the pinnacle. According to Netflix, Redman is the “president of the hottest hotel casino in town. Redman has to make some long odds moves to try and secure his position and take more ground.”This role also draws Isaac back toward gambling-themed drama. He previously headlined The Card Counter in 2021 and secured a Golden Globe in 2015 for Show Me a Hero. Gilpin stars as Marla Blake, Bobby’s wife. Netflix describes her as “a brilliant, highly connected lawyer who knows how to navigate the town’s darkest corners just as well as her husband.” Gilpin is recognized for her work in GLOW, Nurse Jackie, and Death by Lightning. Baldwin assumes the role of Paul “Primo” Clark, the enduring chairman of the series’ gaming organization and a mentor to Bobby. A three-time Emmy and Golden Globe winner, Baldwin also received an Oscar nomination for The Cooler in 2003. Costabile, noted for Suits and Breaking Bad, portrays Bill Saverick, the operator of a competing casino. This character introduces a direct rival to Bobby Redman, ensuring an inherent business conflict within the series.Behind the scenes, The Roman boasts significant gambling-drama expertise. Martin Scorsese is producing, having directed and co-written Casino in 1995. J.C. Chandor, acclaimed for Triple Frontier and A Most Violent Year, is on board to direct. Rounders creators Brian Koppelman and David Levien act as creators, showrunners, and executive producers. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

India Restricts Polymarket Under Online Gambling Regulations

(AsiaGameHub) -   India has restricted local users’ access to Polymarket following authorities’ classification of prediction market platforms as prohibited online money gaming services. Good to Know Indian users of Polymarket now encounter an access block rather than being able to access the regular website. The Ministry of Electronics and Information Technology (MeitY) instructed internet and VPN providers to prevent access to illegal betting and prediction market platforms. Local reports suggest Kalshi may be the next to receive a similar blocking order. India Restricts Polymarket Access as Prediction Markets Undergo Gaming Law Scrutiny Polymarket is no longer accessible to Indian users after government authorities mandated access restrictions on prediction market platforms. This block is part of a broader initiative by the Ministry of Electronics and Information Technology (MeitY) to curb access to online money gaming services banned under local legislation. When users attempt to visit polymarket.com, they now see an error message stating, “This site can’t be reached. Check if there is a typo in polymarket.com.” Refreshing the page does not resolve the issue. This move follows an April 25 advisory from MeitY to VPN providers. Officials noted that Indian users were still accessing “illegal and blocked prediction market and online betting platforms” despite “domestic bans.” Subsequently, the ministry instructed internet service providers to block access to the platforms on its list.Polymarket is the primary target of that order. Kalshi, a U.S.-based prediction market regulated by the Commodity Futures Trading Commission (CFTC), may soon face the same fate. Local reports quoting an anonymous MeitY source stated that the ministry “has already issued a blocking order to Polymarket and is in the process of issuing one to Kalshi as early as Friday.” Prediction markets allow users to trade real-money positions on upcoming events—such as elections, referendums, financial prices, and other binary outcomes. Public interest spiked during the 2024 U.S. presidential election, with platforms like Polymarket emerging as key sources of political odds and event trading engagement. India takes a distinct approach to these platforms. Under the 2025 Promotion and Regulation of Online Gaming Act, authorities categorize real-money involvement in prediction markets as online money gaming. This places Polymarket in a prohibited category, even though it functions as a decentralized prediction market rather than a traditional sports betting platform. The legislation has also altered the responsibilities of digital intermediaries. VPN providers, internet service providers, payment companies, and other tech channels now face pressure to prevent local users from accessing blocked platforms. MeitY has cautioned that service providers could lose their legal safe-harbor protections if they do not take reasonable steps to block prohibited access.For Polymarket, India’s action adds another regulatory barrier to a product that already faces varying treatment across global markets. For Kalshi, the coming days will determine whether a CFTC-regulated platform also loses access to one of the world’s largest online user bases. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

Tomoland Secures $2M Funding for Mobile-First Web3 Creator Platform

(AsiaGameHub) -   Tomoland has secured $2 million in funding to develop a mobile-centric creator ecosystem connecting user-generated games, AI tools, and Web3 asset ownership. Good to Know Sky9 Capital headed up the $2 million funding round, with WAGMI Ventures and Aureus Dealers participating as well. Tomoland leverages BUD World’s technology, which boasts over 30 million app downloads to date. The Blueprint Founder Pass NFT collection—consisting of 2,222 passes—sold out entirely within two hours. Tomoland Develops Web3 Creator Framework Leveraging Mobile Accessibility Tomoland aims to bring Web3 ownership benefits to creators who already create and engage with content on mobile devices. The funding round, announced in Singapore, provides the project with $2 million to expand this initiative, led by Sky9 Capital and joined by WAGMI Ventures, Aureus Dealers, and angel investors. Built on BUD World’s technology, Tomoland gains access to an established user-generated content (UGC) community with over 30 million downloads across Google Play and the App Store. This allows the team to tap into a Web2 audience rather than relying solely on growth within crypto communities. Tomoland’s team includes veterans from Tencent and NetEase, bringing valuable industry experience. Additionally, the project receives guidance from advisors such as Dominic Jang (ex-Chief Business Officer of MapleStory Universe) and Hazel Zhang from Animoca Brands.At the core of Tomoland’s product is the TOMO ownership layer. This on-chain system enables creators to mint, own, license, sell, and trade assets like maps, game mechanics, and AI tools. For example, a player who designs a map can convert it into an on-chain asset instead of ceding control to a centralized platform. The platform’s model draws inspiration from UGC platforms like Roblox, but integrates asset ownership and trading features. Tomoland seeks to connect creators, players, and in-game assets via this structure, while using AI tools to simplify content creation on mobile devices. Early signs of demand for the project are evident. Tomoland launched the Blueprint Founder Pass NFT on May 7, offering 2,222 passes with a one-mint-per-wallet restriction. The collection sold out in just two hours, featured on OpenSea’s main page, and climbed to the Top 5 trending collections. Founder Pass holders gain access to advanced AI functionalities, ecosystem multipliers, and airdrop enhancements. Tomoland positions the pass as both a badge of early support and a functional tool for upcoming platform features.Mobile infrastructure could be Tomoland’s key competitive edge. BUD World allows users to create 3D experiences and games directly from their phones, helping Tomoland overcome a major hurdle for Web3 UGC platforms—reaching audiences outside the crypto-native community. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.