Casino News Today in the United Kingdom
Regulatory pressure on gambling and prediction markets intensified as Spain blocked access to Polymarket and Kalshi while opening disciplinary proceedings to determine whether they have been operating without the required gambling licence theguardian.com.
In the UK and US, listed betting groups faced mounting headwinds from higher gambling taxes and the rapid rise of prediction markets, a derivatives-regulated model that can bypass some state betting restrictions, helping drive heavy short-selling and sharp share-price declines across Flutter, DraftKings and Entain hedgeweek.com.
Regulatory pressure on gambling and prediction markets intensified as Spain blocked access to Polymarket and Kalshi while opening disciplinary proceedings to determine whether they have been operating without the required gambling licence theguardian.com.
In the UK and US, listed betting groups faced mounting headwinds from higher gambling taxes and the rapid rise of prediction markets, a derivatives-regulated model that can bypass some state betting restrictions, helping drive heavy short-selling and sharp share-price declines across Flutter, DraftKings and Entain hedgeweek.com.