Skip to content
19+ Independent coverage of Canada's regulated gambling market
Gambling news · Canada
REGULATION August 23, 2026

US Prediction Market Fight Escalates as Courts, CFTC Clash Over Oversight

Kalshi loses more court rounds in Connecticut and Washington as the CFTC unveils a regulatory roadmap for event contracts.

REGULATION Aug 23
Better Markets' Amanda Fischer says the Clarity Act lacks Senate votes and that states, tribes will prevail against CFTC-backed prediction markets.
REGULATION Aug 22
No-deposit prediction platform SafeBets wants sports and politics fans to fuel growth, then mine top forecasters for financial-market trading signals.
ENFORCEMENT Aug 22
HISA accuses professor and horse owner Marshall Gramm of misusing confidential vet records for wagering and claiming decisions.
REGULATION Aug 21
CME Group's Terry Duffy sparred with Kalshi's co-founder at a CFTC hearing as horse racing's watchdog charged a respected handicapper with insider trading.
Canadian market data · Q2 2026
Total wagers, Q2 C$25.1B
Gaming revenue C$914M
Live operators 51
Active player accounts 1.4M

Latest

Updated hourly
BUSINESS Aug 21
New York's Seneca Niagara Resort & Casino will renovate 594 rooms by 2027, as cross-border Canadian visits face pressure from tariffs and politics.
BUSINESS Aug 20
An unnamed buyer wants Bally’s 26-acre Las Vegas site by the A’s new ballpark, as the operator scrambles for cash across its casino projects.
ENFORCEMENT Aug 20
Florida escalates its sweepstakes-casino crackdown, suing Stake and VGW plus payment processors, alleging illegal online gambling under state law.
ENFORCEMENT Aug 19
GCI says illegal streams logged 174 billion views during the 2026 World Cup, with most carrying ads for offshore gambling operators.

By province

13 jurisdictions, 13 rulebooks
ON Open market
51 operators live under iGaming Ontario
AB Launching 2027
First private licences issued this month
BC Crown monopoly
PlayNow keeps exclusive online rights
QC Under review
Loto-Québec consults on opening up
ATL Crown monopoly
Atlantic Lottery online growth flattens

More news

Aug 19
ADI Predictstreet denied royal family links, but corporate filings tie it to IHC, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, an investigation found.
Aug 18
A new Gallup survey finds gambling participation down sharply since 2016, but researchers say phone polling may be missing sports betting and prediction-market activity.
Aug 18
The CFTC-regulated sports exchange topped $125M in its debut week while fighting New York, Massachusetts and three other states over gambling law claims.
Aug 17
A Connecticut judge denied Kalshi's injunction bid, questioning CFTC power, as new geofencing deadlines and a White House meeting loom this week.
Play within your limits
Gambling should be entertainment, never a way to make money.