Entain faces significant regulatory and fiscal hurdles following its $1.2 billion Novibet acquisition. The Greek market presents challenges including strict HGC licensing oversight, a 35% tax on gross profits, and intense competition from an unlicensed market valued up to $1.7 billion.
New York has sued prediction-market platform Polymarket, alleging the company has been operating illegally by offering unlicensed gambling products to residents of the state, setting the stage for one of the most significant legal showdowns yet between regulators and the fast-growing prediction-market industry. The suit, filed in New York, marks the latest and most aggressive
New FCA stablecoin rules and UK Gambling Commission mandates impact operators like Bet365. While legacy platforms face strict deposit limits, crypto-native sites like ZunaBet offer instant withdrawals for the 24% of UK adults who own cryptocurrency.
LeoVegas Group owes the Kansspelautoriteit 500,000 euros due to failures in its duty of care. The enforcement action comes as the Dutch regulator increases supervision of player protection and advertising rules through 2026.
Kindred Group is exiting the North American market after Unibet struggled with low market shares, such as falling below 1% in Pennsylvania. High state licensing fees in New York and Ohio create massive financial barriers that favor industry giants like DraftKings and FanDuel.