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26% of Institutions Call a Bear Market: What This Could Mean for Investors

February

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Massachusetts granted injunction against prediction market Kalshi
After Kalshi moved to dismiss it, an injunction was granted against the prediction market in favor of Massachusetts. Judge Barry-Smith has granted an injunction against Kalshi in Massachusetts, preven...

Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts
Robinhood has launched a new custom sports betting offering called “Custom Combos,” which allows multiple selections to be added to a single fixed-odds contract. The terminology of the custom cont...

Tribes, AGA, and 27 states challenge Kalshi over the limits of federal gambling law
Twenty-seven US states have backed tribal appellants in a federal gambling law case against Kalshi that could help define the future trajectory of gambling regulation across the United States. As mark...

Finland confirms dates and processes for opening up gambling market
Finland is seeing major change take place in its gambling market, as a government-issued press release states “Veikkaus Oy’s monopoly on running gambling games will end.” This comes as the count...

Tipico joins the European Gaming and Betting Association, expanding representation in Germany
The German-based sports betting and online gambling operator Tipico has been welcomed into the European Gaming and Betting Association (EGBA), as it becomes its newest member. The EGBA group is a Brus...

UK Gambling Commission receives judgment in gambling bosses court case
The United Kingdom’s Gambling Commission has received a decision involving a protracted court case brought by some of the nation’s biggest former gambling bosses. The civil case centred on legal a...

UK Gambling Commission suggests Meta could be turning a ‘blind eye’ to illegal gambling ads
The executive director of the UK-based Gambling Commission has warned of concerns about the illegal market, stating that people who have visited Meta platforms “will more than likely have seen ads a...

Former NHS manager jailed for £123,000 gambling fraud
A former senior UK National Health Service (NHS) manager has been sentenced for syphoning £123,000 ($166,000) in funds for personal use, including gambling. According to the Crown Prosecution Service...

Americans worry sports betting hurts integrity even as participation keeps rising
The market research company Ipsos has looked into how Americans actually feel about the prevalence of sports betting, with nearly half believing that sports betting lessens the integrity of the game. ...

Why the IRS draft update for gambling tax reporting matters
The Internal Revenue Service (IRS) has issued a draft update to gambling tax reporting, and a review of the details reveals several noteworthy changes for operators, such as the threshold. This admini...