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(AsiaGameHub) -   The Commodity Futures Trading Commission (CFTC) is intensifying its focus on insider trading within prediction markets, with its newly appointed enforcement chief designating the issue as a top priority. “We Will Aggressively Detect, and Investigate” Speaking at New York University School of Law, David Miller, the agency’s recently appointed director of enforcement, described the current period as “a very exciting time for the CFTC.” He elaborated, stating, “From our roots as an agricultural futures regulator, we now oversee derivatives markets in a wide variety of areas. And we are at the forefront of regulating prediction markets and crypto assets, perhaps the two most dynamic markets in finance.” The new enforcement head, who previously served as a litigation partner at Morgan Lewis and Greenberg Traurig after a decade in public service in various capacities, including as a “federal prosecutor in multiple offices of the Department of Justice” and an assistant US Attorney in the Southern District of New York, where he spent over half his tenure as a member of the Securities and Commodities Fraud Task Force. His remarks signaled a shift in the CFTC’s approach: “The era of regulation by enforcement is over. Under Chairman Selig’s leadership, we will focus on the Division’s core purpose of policing fraud, abuse, and manipulation rather than setting policy.” Miller emphasized that the agency will adopt a firm stance against any individuals who leverage nonpublic information in prediction markets for personal gain. Miller clearly articulated his position on the matter. “I take insider trading extremely seriously. Insider trading in the prediction markets, where there is misappropriated information, is precisely the kind of serious violation that we are going after vigorously,” he stated. He further countered a misconception, adding, “Unfortunately, there is a myth in the mainstream media and social media that insider trading law doesn’t apply in the prediction markets. That is wrong.” Miller announced the CFTC’s intention to “aggressively detect, investigate, and, where appropriate, prosecute insider trading” in these controversial markets, which permit users to trade on the outcomes of future events. These events can span from financial indicators to political contests and sports results. While platforms like Kalshi have brought these markets into greater public view, they have also introduced new concerns regarding fairness and regulatory oversight. Exchanges Must Do Their Jobs Miller stressed that the responsibility is not solely on regulators, asserting that the exchanges themselves must implement measures to monitor activity and prevent misconduct on their platforms. “Exchanges have important obligations under our core principles relevant to insider trading and market manipulation. These include obligations to have appropriate surveillance, compliance practices and procedures, promote fair and equitable trading, protect markets from abusive practices, and, importantly, to only list contracts that are not susceptible to manipulation,” Miller explained. He concluded that “exchanges doing their job” is a “crucial component of the fight against market manipulation and insider trading.” Recent weeks have seen a rise in concerns, with several trades appearing to be exceptionally well-timed, sparking suspicion that some participants might have possessed access to private information. In certain instances, accounts were reportedly established mere hours before significant events, intensifying questions about the utilization of these markets. Miller acknowledged that not all informed trading constitutes illegal activity. “Our markets are price-discovery markets, not disclosure-based markets. Market participants are entitled to use their own knowledge and information to make trading decisions. For example, we want the farm cooperative that sees issues with a harvest to be able to hedge its position,” Miller noted. However, he drew a clear distinction, reaffirming that the agency will take action against those “who tip or trade with misappropriated information,” and, as he emphasized, the CFTC “will prosecute aggressively” such forms of manipulation. 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.

(AsiaGameHub) -   Iowa legislators are pursuing a measure that no other state has yet undertaken – enacting a bill to regulate prediction markets. This move is poised to create significant disruption within the event contracts industry, as operators argue they are already overseen at the federal level and that federal law supersedes state-level gambling rules. Prediction Markets Are a Point of Contention Prediction markets represent an innovative type of trading platform where participants can exchange contracts based on future events. Users essentially purchase shares that correspond to "yes" or "no" outcomes for specific occurrences, which can cover a wide spectrum from sports to political events. These platforms fall under the regulatory authority of the Commodity Futures Trading Commission (CFTC), permitting them to operate across all 50 states. Nonetheless, critics within the industry contend that event contracts are nearly identical to sports wagering and that prediction markets, in their current state, constitute a form of gambling that lacks proper oversight. Furthermore, detractors have asserted that prediction markets are susceptible to insider trading and may even incentivize the manipulation of the events themselves. These issues have resulted in numerous legal disputes and conflicts, leaving the precise future of prediction markets uncertain. Iowa is now pioneering a novel strategy by moving forward with a bill that, should it become law, would impose state-level regulations on these markets. An Unprecedented Approach Senate File 2470 is legislation designed to regulate prediction markets. If enacted, it would ban any prediction market operator from functioning without a license issued by the Department of Revenue. This regulatory structure would also mandate that providers of event contracts pay taxes within the state of Iowa. The legislation was introduced by Senator Mike Kilmesh in January. It specifies a 20% tax rate on prediction markets, with the majority of the revenue directed to the state's general fund. Additionally, the proposal would obligate prediction markets to pay an entry fee to operate in Iowa. An initial draft of the bill set licensing fees at $10 million, a figure that was later increased to $20 million in updated versions. Platforms would also be required to pay an annual $100,000 fee for license renewal. The bill has recently been approved by the Iowa Senate with strong backing, receiving 45 votes in favor from the 46 members present. Consequently, it will now proceed to the House of Representatives for additional consideration. Meanwhile, recent studies indicate that a significant number of Americans either perceive prediction markets as a type of gambling or feel the industry should be subject to comparable regulations. 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.

(AsiaGameHub) -   A wide-ranging integration now provides the global operator network of Lynon with access to ICONIC21's complete multi-vertical portfolio, which features the Gravity Series. Press release.- ICONIC21 has expanded its global reach by forming a strategic alliance with Lynon, a casino game aggregator known for its extensive content collection and swift integration capabilities. This deal enables Lynon to incorporate ICONIC21's entire gaming suite, presenting operators with a full solution for top-performing live casino, slot, and virtual game offerings. Lynon's standing is founded on delivering an enormous library of premier igaming content through one powerful API integration. The aggregator follows a partner-centric approach, emphasizing transparency and mutual success, an ethos that matches ICONIC21's own business principles. The integration encompasses ICONIC21's most in-demand content, particularly the Gravity Series. This series was recently enhanced with the introduction of Gravity Wheel, a vertical game show built for fast-paced play and ongoing multiplier interaction. In addition to the live studio content, partners of Lynon will also obtain entry to recent RNG hits, such as Chicken Run, Mines, and numerous other well-liked game types. The launch with Lynon represents another swift move in ICONIC21's strategy to grow its presence in worldwide markets. Through providing an adaptable, performance-driven portfolio that meets varied player tastes, ICONIC21 further strengthens its status as a content provider of choice for the industry's leading aggregators and operators. 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.

(AsiaGameHub) -   BGaming, a rapidly expanding content provider, is harnessing the power of Zeus in its latest release, Gates of Power. Press release.- BGaming is inviting players to ascend to the pinnacle of Mount Olympus and join Zeus in their brand-new slot release, Gates of Power. This latest addition to BGaming’s #Entertainment category offers a fresh perspective on a highly popular genre. The game is brought to life with striking visual design, featuring Zeus himself observing the action from the sidelines and occasionally appearing in captivating animations. The gameplay unfolds on a 6×5 game grid, where wins are awarded through a pay-anywhere mechanic. Winning combinations trigger cascading reels, with lightning strikes introducing multipliers that enhance players' winning potential. Gates of Power was developed in collaboration with BGaming’s trusted partner, Perfect Position. The slot was created using a data-driven approach, making it ideal for streaming and social media content, and ensuring high engagement and excellent lifetime player value for operators. Players remain engaged with the game through an innovative array of bonus features. Multipliers positioned above the reels are activated by the Bolt symbol, while Scatters can initiate the free spins and super spins bonus options. The Power spins mode guarantees either bolt or scatter symbols with multipliers of at least ×50 on each spin. These features, combined with the pay-anywhere and cascading mechanics, deliver the dynamic, fast-paced gaming experiences that have become characteristic of BGaming’s #Entertainment titles. The online slot also offers immense winning potential, with a maximum win of ×15,000 and a highly volatile mathematical model, making it an excellent choice for high rollers. Players also have the option to directly purchase entry into the bonus rounds or utilize the unique bonus hunt mode, which can potentially trigger the super spins game at a lower cost than the standard buy bonus. 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.

(AsiaGameHub) -   Despite the closure of their former workplace, 15 Tata Steel workers have maintained their bond in South Wales and are now set to receive a substantial GBP 1 million from the lottery, which equates to approximately $1.32 million. 15 Ex-Workers Kept Together for Years – and They Won a Million-Plus Jackpot The group of friends managed to stay connected, each contributing £5 to every lottery draw. This consistent effort has now paid off, with each of the 15 winners entitled to a share of the grand prize amounting to GBP 66,666, or roughly $88,094. Paul Davy, aged 61, was the driving force behind the friends' lottery syndicate, successfully keeping all 15 individuals involved over the years through regular emails and conversations, both online and in person. Davy admitted that his initial motivation wasn't solely about winning; he primarily aimed to stay in touch with his former Tata Steel colleagues. He even viewed the lottery contributions as a way of "donating to charities," given that lottery proceeds typically support good causes. Therefore, his astonishment was immense when he discovered that the group of friends had clinched the $1.32-million jackpot. He conveyed his disbelief to the lottery organizers, stating he could hardly comprehend the news. His immediate thought? "It must be an error," Davy confessed. Many of the winners reside in close proximity, and some of the named winners include Gill Furlong, Christine Davies, Sally Wise, Julie Lambert, Allan Evans, Ian Howells, and Raja Prasad. Davy has expressed that this lottery win will provide an opportunity for the group to reunite and celebrate their success. Allwyn, the operator of The National Lottery, shared their enthusiasm for this well-deserved win going to such a deserving group. Allwyn is Happy to See Such a Great Story Facilitated by the Lottery  Andy Carter from Allwyn commented: "A huge congratulations to the whole group; we wish them many more happy memories ahead." While the closure of the Tata Steel factory presented challenges for the friends, the fact that they met there has now paved the way for significantly positive developments in their lives. The winnings are expected to substantially enhance the lives of all involved. The winners have shared their intentions, which include paying off outstanding mortgages, embarking on holidays, investing in home renovations, and perhaps even purchasing new cars. 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.

(AsiaGameHub) -   Missouri legislators are revisiting the debate regarding the fate of slot-style machines located in gas stations and small enterprises, and on this occasion, voters might ultimately make the decision. “It Is Something That Belongs on the Ballot” The president of the Missouri Senate, Cindy O’Laughlin, thinks that placing the matter on a statewide ballot could be a sound approach, providing residents with the chance to determine if they want these devices legalized and regulated. This concept emerged during a legislative hearing aimed at finding the most effective way to handle the rapid proliferation of so-called “gray market” gaming devices across the Show-Me State. These devices, frequently referred to as video lottery terminals, have existed in a legal gray area for years. While proponents argue they should be formally brought under state supervision and taxed appropriately, opponents insist they should be eliminated entirely. “Perhaps this is a matter that should be placed on the ballot,” O’Laughlin remarked during the debate. “If the decision were mine, I would have removed them all by this point.” Regulation Might Restore Order and Increase Tax Revenue Following a recent federal judge’s ruling, many of these units qualify as illegal gambling devices under Missouri law, potentially paving the way for more severe enforcement measures against their operators. Concurrently, legislators are examining bills that would replace unregulated machines with a state-managed system. Comparable proposals have circulated for years, frequently encountering strong resistance in the Senate even after passing the House with ease. A definitive resolution is needed urgently, especially given that these machines are currently generating substantial income in bars, convenience shops, and other venues where they are readily accessible. Some officials suggest that regulating VLTs would generate more business and enhance tax revenue. Conversely, advocates campaigning against these devices have raised concerns about the expanding access to gambling in commonplace environments. Due to worries regarding the extensive spread of these machines, Missouri officials initiated a statewide enforcement crackdown in mid-March. As reported by Missouri Attorney General Catherine Hanaway., targeted gas stations and liquor stores were issued strict deadlines to dismantle or power down the equipment. 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.

(AsiaGameHub) -   Gibraltar has made a landmark move into a rapidly growing segment of the digital economy by granting its first license for a prediction markets operator. This step is part of the territory’s wider strategy to expand past its traditional core sectors of online gambling and financial services, while also addressing rising economic pressures. Gibraltar Prioritizes Innovation With Fast-Track Approval of New Prediction Market License The announcement was made public during a parliamentary session, where officials confirmed that the relevant application had completed its processing. The accelerated approval timeline makes clear the territory’s explicit goal to remain competitive in emerging industries and draw in cutting-edge business models. While authorities have not publicly named the license recipient, industry focus has shifted to Predict Street Ltd, which appears on the government’s official register as an approved betting intermediary. Per Malta Media reports, even though this link has not been formally confirmed, the listing has sparked widespread speculation that the firm is the holder of the newly issued license. This decision comes as Gibraltar is adapting to adjustments to the United Kingdom’s gambling taxation framework. The recent rise in UK gambling duties is projected to impact operators based in Gibraltar, many of which rely heavily on access to the British market for their revenue. Government representatives noted that embracing emerging sectors like prediction markets could help offset potential revenue declines and support long-term economic stability. Growing Prediction Market Sector Faces Inconsistent Regulatory Stances Across Europe Prediction markets operate as platforms where users place wagers on the outcomes of real-world events, ranging from sports competitions to political developments and economic shifts. Pricing on these platforms reflects the collective forecasts of participants, positioning the operating model somewhere between financial trading and traditional betting. This hybrid nature has created significant regulatory challenges. Across Europe, governing bodies have adopted conflicting positions: several countries have chosen to restrict or fully ban these platforms outright, while others have moved to support their operation. Common concerns center on whether these services should be classified as financial instruments or governed under gambling legislation. In contrast, Gibraltar has opted for a more open approach by integrating prediction markets into its existing regulatory system. Officials believe that rolling out a controlled framework will support innovative new ideas, while still maintaining proper oversight and consumer protection measures. Interest in the sector is surging rapidly. Major industry players and established betting firms have already begun exploring similar products, while specialized prediction platforms continue to draw high levels of user engagement across the globe. That said, expansion has not been free of controversy, as regulators in multiple jurisdictions have ramped up scrutiny of the space. Predict Street Ltd, the firm believed to be connected to the new license, has shared ambitions tied to high-profile global events including the 2026 FIFA World Cup. The platform is currently preparing for its official launch, and has already started inviting early user registrations. 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.

(AsiaGameHub) -   Prediction market platforms are growing in popularity across the United States, but analysts are warning that the sector could soon face major legal and regulatory hurdles that could alter its future trajectory. Lax U.S. Oversight Drives Growth of Prediction Markets Per a recent investor note from Jefferies analyst David Katz, the industry is reaping benefits from lenient oversight from the Commodity Futures Trading Commission (CFTC). This more relaxed regulatory approach has let operators expand rapidly when compared to the heavily regulated traditional gaming industry, which charges steep licensing fees and has strict, comprehensive compliance rules. Katz noted that prediction market firms operate under fewer constraints. Unlike sportsbooks and casinos, they are not required to implement policies like betting limits, self-exclusion initiatives, or responsible gambling communications. Additionally, they face significantly lower tax and licensing expenses, which creates a more favorable operating environment in the short run. Nevertheless, this benefit could prove temporary. Multiple legal disputes are unfolding at the state level, with regions including Nevada, Ohio, Massachusetts, and California challenging the legality of event-based contracts. These cases address core questions, such as whether prediction markets fall under federal authority or should be classified as gambling and regulated by individual states. Katz predicted that these disputes will likely escalate, with a high likelihood that the U.S. Supreme Court will hear one or more of these cases as early as 2027. The ruling could have a major impact on the industry, and current signs point to states holding the upper hand in multiple scenarios. Legal Hurdles Could Redefine the Future of Prediction Markets In Nevada, regulators contend that federal oversight does not preempt state gaming laws. Meanwhile, legal fights in Massachusetts and Ohio center on how event contracts should be categorized under current financial regulations. In California, tribal gaming groups are arguing that these platforms violate their exclusive rights granted under federal law, a stance that analysts consider to be well-founded. The analyst laid out varying odds of negative outcomes for prediction market operators, spanning from moderate to extremely high, depending on the specific case. A ruling against the industry could compel companies to limit their offerings, especially for sports-related contracts, or adhere to more stringent local regulatory requirements. Even with these risks, short-term outlooks remain positive. Both established operators and new entrants are continuing to explore opportunities in this space, with some shifting their focus to non-sports events to lower their exposure to legal disputes. This segment has already demonstrated growth, pointing to a potential path forward. Katz also pointed out that major sportsbook operators stand to benefit regardless of the outcome. If prediction markets receive full legal approval, large established firms would gain dominance thanks to their size and resources. On the other hand, if courts restrict the sector, traditional operators would face less competition. While the industry’s rapid growth has drawn attention, its long-term trajectory will depend on how U.S. courts and lawmakers decide to define and regulate this emerging form of trading. 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.

(AsiaGameHub) -   Local officials in Bacău have passed a measure to ban land-based gambling operations. Romania.- A further Romanian municipality has taken steps to restrict slot machines. In a council session held today (April 1), representatives in Bacău voted to outlaw gambling in physical establishments. The motion received support from 19 of the 22 councillors in attendance. The ruling dictates that no additional gambling parlours or slot machine sites will be allowed to open within the city. For current operators, the ban will take effect once their existing licences expire. Those who continue to provide gambling services beyond their licence term face penalties ranging from 4,000 to 5,000 lei (€750 to €980) for each violation. This action was taken following the introduction of new laws that empower Romanian municipalities to oversee gaming venues. Mayors in various cities have indicated their intention to pursue similar bans, following Slatina’s move last month to become the first city to prohibit gambling halls and sports betting, provided they can secure the backing of their local councils. Bacău mayor Lucian Daniel Stanciu-Viziteu described the vote as a “huge step” for the city. In a statement on Facebook, he noted: “We succeeded! Physical gambling activities are now banned within the municipality of Bacău. This is a significant milestone for our community, demonstrating our commitment to a healthy future for Bacău. I am grateful to the local councillors who acted with responsibility today and supported my proposal to phase out these operations in the city.” He emphasised that the closures will occur incrementally as current authorisations lapse, allowing staff members a period to seek new employment. 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.

(AsiaGameHub) -   The firm has been granted approval to offer multi-state online poker services in Michigan, Pennsylvania, and New Jersey. United States – The Michigan Gaming Control Board (MGCB) has announced that FanDuel is now authorized to provide multi-state online poker in Michigan, Pennsylvania, and New Jersey starting today (April 1). The operator’s new poker platform will leverage Flutter’s PokerStars brand in Michigan, with MotorCity Casino serving as its operational partner. The regulator stated: “Following a comprehensive review, the MGCB determined that FanDuel meets all Michigan regulatory requirements to operate multi-state internet poker.” It added that the operator’s approval reinforces the MGCB’s commitment to enabling legal, regulated gaming opportunities while upholding responsible gaming practices and ensuring the industry’s integrity. MGCB executive director Henry Williams said: “FanDuel is a well-established operator in Michigan’s gaming market. Michigan players can have confidence in the integrity of the games they play, backed by the same rigorous oversight the MGCB applies across all licensed gaming activities.” Michigan joined the Multi-State Internet Gaming Agreement (MSIGA) in 2022. The other states in the agreement are Delaware, Nevada, New Jersey, Pennsylvania, and West Virginia. Before joining MSIGA, Michigan poker players could only play online against other players within the state. 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.

(AsiaGameHub) -   The Gibraltar prediction market licence emerges as other European regulators consider prohibiting such platforms. Gibraltar.- The government of Gibraltar has announced the issuance of a licence to a prediction markets operator, positioning itself as one of the few European jurisdictions to regulate this type of platform. Minister for Justice, Trade, and Industry, Nigel Feetham, shared this development in Parliament, framing it as a component of Gibraltar’s strategy to broaden its gambling and financial services offerings. “We have granted a licence to a new company operating in the ‘prediction markets’ sector, processing the application in record time following my attendance at Consensus Hong Kong last month,” he stated, referring to CoinDesk’s annual conference focused on crypto, blockchain, and Web3. While the government did not initially reveal the operator's name, Predict Street Ltd is now listed on Gibraltar’s register of licensed betting intermediaries. The company advertises itself as the “Official Prediction Market Partner of the FIFA World Cup 2026” and is currently allowing users to sign up for early access by providing their personal information. Abu Dhabi-based blockchain provider ADI Chain is reportedly supplying the platform's technology. Gibraltar's lawmakers have been assessing methods to safeguard the territory's finances in anticipation of the anticipated impact on the igaming sector from the increased UK Remote Gaming Tax, which takes effect today. Feetham directly linked this to his address in Parliament, explaining that the licence for a prediction markets platform was intended to compensate for potential losses from the rise in gambling duty while simultaneously reinforcing Gibraltar’s local economy. “We are working relentlessly to protect Gibraltar’s economic interests,” he affirmed. However, the decision to license a prediction platform in Gibraltar could lead to controversy with other European nations. Prediction markets, which enable users to wager on the outcomes of real-world events, have seen a surge in popularity as both speculative instruments and engagement tools. Globally, they have faced debate regarding their classification as either gambling or financial services. Numerous EU countries, including Germany, The Netherlands, Romania, France, and Portugal, have explicitly banned certain platforms, such as Polymarket. Concurrently, the British Gambling Commission has taken the stance that prediction markets would be considered gambling under UK legislation, thus requiring a licence from the regulator. Gibraltar's action follows closely after confirmation of efforts to evaluate the potential regulation of prediction platforms in Malta, another significant hub for online gambling in Europe. Economy Minister Silvio Schembri indicated that the country was considering the establishment of a dedicated regulatory framework for the sector to address the question of whether the format should be classified as gambling or financial. He characterized the sector as having strong global momentum and considerable potential for innovation. Prediction markets have achieved their greatest traction in the US, where betting is restricted to sports and not permitted in all states. In the US, prediction markets are regulated by the Commodity Futures Trading Commission (CFTC), which categorizes them as offering “event contracts.” Nevertheless, several states have enacted or are considering legislation to ban the sector, and a bipartisan Senate bill aims to prohibit sports betting on online prediction markets at the federal level. What next for prediction markets in Gibraltar? It remains to be seen whether major players like Kalshi or Polymarket will pursue Gibraltar’s licensing opportunities for prediction markets, or if the territory’s existing igaming operators might expand into the sector. FanDuel and DraftKings have already launched prediction platforms in the US, while UK-based Matchbook announced intentions to do so last year. The primary market for Gibraltar-licensed gambling operators is Britain, and it has been suggested that the UK is less appealing for prediction platforms compared to the US and some other European countries because traditional betting operators already offer wagers on a wide variety of non-sports markets, including political events. The Gambling Commission’s recent clarification implies that it would likely pursue enforcement action if a Gibraltar-licensed operator attempted to target the UK without also obtaining a British gambling licence. Meanwhile, Gibraltar has licensed Predict Street Ltd under its existing gambling legislation, the 2005 Gambling Act, which suggests the operator's acceptance that its product is gambling rather than a financial service. 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.