
The court said even if a game requires skill, it becomes gambling under the GST law when players risk their money on uncertain outcomes and laid out how online gambling money is taxable. The post Game of skills is gambling if players put money on ‘uncertain …

The platforms were blocked for operating without licenses required by Spanish gambling law, citing a lack of safeguards for minors and self-excluded gamblers.

A three-to-four month suspension while Madrid’s gambling watchdog investigates makes Spain the latest European jurisdiction to treat prediction markets as unlicensed betting. Spain has temporarily blocked the US-based prediction markets Polymarket and Kalshi …

Authorities stated that using crypto or blockchain doesn't change platforms that let users wager on uncertain outcomes from being gambling products.

Indonesia blocked Polymarket after users bet on President Prabowo Subianto leaving office early, citing gambling concerns and expanding global scrutiny of prediction markets.
The stock price for Flutter, the firm behind Paddy Power, is currently tanking, and is down to a third of the price that it was at less than a year ago.

EXCLUSIVE: After hitting top spot in 17 territories last month, a second season of Prime Video Indian gambling crime drama Matka King was odds-on, and the Amazon streamer has now played its hand. The Vijay Varma-starring series has been commissioned for Seaso…