Former OMB Director Mick Mulvaney warns of mounting regulatory risks for prediction markets, arguing sports contracts are illegal gambling, not investing.
Leo Falsafi
Leo Falsafi is a digital marketing veteran and senior journalist at Virlan.co, where he covers the intersection of digital marketing, gaming, and breaking US trending news. With nearly two decades of hands-on experience in SEO and digital strategy, Leo has consulted for and scaled hundreds of companies. His deep industry roots allow him to deliver sharp, fact-checked insights and analysis on the trends shaping today's digital landscape.
Mobile sports betting triggers dopamine spikes like slot machines. Explore the hidden risks, 30% bankruptcy surge, and the illusion of control among fans.
The CFTC warns prediction markets like Kalshi and Polymarket to abandon sportsbook-style odds or face penalties amid the US sports betting legal fight.
Fraudsters are flooding social platforms with deceptive ads claiming partnerships with MrBeast, absconding with cryptocurrency funds deposited by players.
The Philippine Amusement and Gaming Corporation (PAGCOR) has successfully secured ISO certification for 16 of its Casino Filipino properties. Discover how this milestone enhances operational standards, player trust, and the overall competitiveness of the Asian iGaming and casino market.
Italy’s ADM regulator issues a domain block order to ISPs, blacklisting 190 unauthorized gambling websites by August 20 to protect player safety.
Romania’s National Gambling Office (ONJN) Supervisory Committee has added approximately 800 illegal gambling sites to its national blacklist in a major digital crackdown.
Kenneth Dart’s Cayman Islands investment vehicle Candle Lake has submitted a SEK 695 per share cash takeover offer for live casino giant Evolution AB.
Explore how leading UK betting exchanges like Matchbook, Betfair, and Smarkets are integrating sports betting with peer-to-peer probability prediction markets.
A Washington state judge ordered prediction market Kalshi to stop offering sports bets, alongside a federal ruling in Connecticut and an unlicensed gambling lawsuit from Baltimore.