Ukrainian authorities have identified an illegal online casino network generating over $3.1 million in turnover. In the broader gaming sector, Meta is developing a prediction market platform while Kalshi restricts access for users in India.
Regulatory Actions and Financial Data
The investigation in Ukraine revealed a significant network of unlicensed online gambling operations. The total turnover of these illegal entities exceeds $3.1 million. Meanwhile, financial data from the Netherlands indicates that the newly implemented gambling tax has generated significantly less revenue than government projections anticipated.
Platform Updates and Industry Events
Kalshi has closed access to its platform for users located in India. Meta is currently in the development phase of a new service designed to function as an analog to existing prediction markets like Kalshi and Polymarket. Additionally, the G GATE CONF event is scheduled to take place on June 26 and 27 in Tbilisi.
Recent regulatory actions and platform expansions demonstrate shifting dynamics in the global gaming and prediction market sectors.