
Betting shops back in crosshairs of British MPs
Political pressure continues to build on the British betting shop after renewed calls to scrap “Aim to Permit” licensing in the UK.
18 March 2026

Political pressure continues to build on the British betting shop after renewed calls to scrap “Aim to Permit” licensing in the UK.

Lawmakers in Wisconsin are preparing to vote within weeks on a bill that would legalise online sports betting statewide.

The CEO of Rank Group, John O’Reilly, is stepping down from his position into retirement, the company has announced. His official retirement date is slated for 29th January, though he is expected to contribute through the end of the 2025-26 financial year.

According to a monthly Virginia Lottery report, adjusted gross sports betting revenue across online and retail wagering reached a record $95.3 million for the month of November.

British bookmaking giant Betfred is back in profit, according to company accounts reported to Companies House, reversing previous losses

Canadian rapper and R&B performer Drake is named in a civil class-action lawsuit filed under the Racketeer Influenced and Corrupt Organizations Act (RICO) in Virginia, accusing the superstar and others of promoting unlawful real-money gambling through the social casino platform Stake.us.

Major sports betting operators have withdrawn an emergency court bid against the City of Chicago, easing the immediate threat that sportsbooks could be forced to suspend operations for city-based customers as new taxes and licensing requirements come into force.

Prediction market professionals are cautioning patrons to exercise responsible trading practices after recent analysis revealed that the majority of users have realized losses. A comprehensive review by blockchain research firm defioasis.eth found that roughly 70% of trading addresses analyzed on Polymarket were running losses on their long-term positions.

The mayor of London, Sadiq Khan, is under pressure from constituents to lower the amount of gambling adverts on the Transport for London (TfL) after it emerged companies had spent more than £4.5 million with the network over recent months.

Prediction market platforms Kalshi and Polymarket are facing renewed scrutiny after questions emerged over their use of social media affiliates that have repeatedly published false sports news.