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Crypto-Native Operators Lead Canada’s Offshore iGaming Surge as World Cup Approaches

Crypto-native operators Stake and Roobet lead Canada’s online gambling market five weeks before the country co-hosts the FIFA World Cup, with offshore platforms continuing to dominate every province except Ontario.…

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NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene

A coalition of the largest US professional sports player unions has asked the Commodity Futures Trading Commission (CFTC) to prohibit several categories of sports event contracts at platforms like Kalshi…

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Senate Democrats Urge CFTC to Ban Sports and Election Contracts on Kalshi and Polymarket

A group of congressional Democrats sent the Commodity Futures Trading Commission (CFTC) a letter on Thursday demanding the agency issue rules banning event contracts on elections, war, military actions, sports,…

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Buffett Lumps Prediction Markets With Sports Betting in ‘Tax on Stupidity’ Rebuke

Warren Buffett used his first sit-down interview since stepping down as Berkshire Hathaway CEO to bundle prediction markets, legalized sports betting, and day trading into a single critique, calling state-sponsored…

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B3 to Launch Bitcoin-Linked Prediction Contracts as Brazil Bans Polymarket and Kalshi

Brazilian stock exchange B3 is launching six “Event Contracts” today, including instruments tied to bitcoin price movements. The country’s first federally regulated prediction market comes three days after the National…

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Illinois Governor Bars State Employees From Insider Bets on Prediction Markets

Illinois Governor JB Pritzker has signed an executive order prohibiting state employees from using nonpublic information to participate in prediction markets and event-based contracts. The order arrives while Illinois contests…

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