News January 2026
Optimism for Parisian gaming clubs Operator News
After a rocky start to the year, Paris’s gambling clubs may finish 2025 with long-awaited stability as the French Senate adopted an amendment to the Finance Bill aimed at making the clubs permanent. Senators Marie-Pierre de La Gontrie,
Colombe Brossel, and Rémi Féraud argued the model has proved its value, generating €120m annually, including €40m for the State and €10m for Paris, while replacing illegal gambling venues and supporting hundreds of jobs. Minister for Public Accounts, Amélie de
Montchalin, voiced support, stressing the need for regulated operators to mitigate money- laundering risks. However, the Senate Finance Committee’s rapporteur urged delaying permanent authorisation until the next budget
Municipal lotteries dealt major blow Legislation
Brazilian Supreme Court (STF) Justice Kassio Nunes Marques has suspended all municipal laws authorising lottery and sports betting. Te judge suspended ongoing bidding processes and the operation of already licensed services related to betting via municipal lotteries. Te decision also summoned the Secretariat of
Prizes and Bets of the Ministry of Finance, Anatel (National Telecommunications Agency), and the National Association of Games and Lotteries to take the appropriate measures and actions. Te decision, of a preliminary nature, applies
to all of the more than 5,500 municipalities in the country and will be submitted to the full Court.
Fanatics rolls out prediction markets Operator News
Fanatics has entered the prediction-market sector with the rollout of Fanatics Markets across 24 states including California, Texas, Florida and Washington. Te platform will allow users to trade on outcomes across sports, finance, economics, politics and culture, with additional categories to follow. Te launch is being phased across the U.S. Te
first 10 states went live in December with contracts covering sports, finance, economics and politics.
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Municipalities and companies that disregard the order will be subject to a daily fine of R$ 500,000 while mayors and presidents of accredited companies that maintain the operation of lottery activities will face a fine of R$ 50,000.
Fanatics said it will introduce event contracts for crypto, stocks, tech, music and other sectors early next year. “For years, Fanatics has given fans new ways to
enhance their fandom through team merchandise, collectibles, tickets, gaming, events and more,” said Matt King, CEO of Fanatics Betting and Gaming. “Now, with Fanatics Markets, we’re giving fans a safe, and intuitive way to engage with the moments that move sports and culture, and to pick a side and profit along the way if their prediction is correct.” Prediction markets such as Polymarket and
to allow a fuller assessment. Paris gaming clubs - created under a 2017
law - have undergone repeated extensions due to disrupted activity during the pandemic and recent political deadlock, which even forced a three-month closure in early 2024. Industry body Casinos de France welcomed
the government’s backing and hopes the measure survives the full budget vote as the Bill proceeds: "Tis support confirms the relevance of the gaming club model, which meets the requirements of transparency, security, and economic attractiveness."
Estonia bucks trend by lowering tax Legislation
With neighbouring Finland introducing online gaming next year, the Finance Committee of the Riigikogu (the Estonian Parliament) has passed regulation to lower online gaming tax from six per cent to four per cent, decreasing by 0.5 per cent per year. Last year, a decision was made to increase gambling tax
to six per cent in 2025, with a further increase to seven per cent scheduled for 2026. However, this failed to generate additional revenue for the state, leading to a re-evaluation of the tax strategy.
Te judge determined that the establishment of these lotteries infringes upon the separation of powers outlined in the Constitution. In his ruling, the judge noted that, in 2025 alone, 55 municipalities passed laws to create their own lotteries. Since the federal government regulated fixed-odds betting in December 2023, around 80 Brazilian municipalities have approved laws to create their own lotteries. He warned this trend could lead to “regulatory
chaos” and disrupt the federal system. He also stressed that managing fixed-odds betting, lotteries, and online gaming necessitates “centralised regulation, strong oversight, and robust monitoring,” which becomes challenging when municipalities individually offer these services in a fragmented manner.
Kalshi have grown rapidly alongside legal online sports betting, with combined industry trading volumes reaching nearly $28bn through October, according to
Crypto.com. Te growing interest has prompted sportsbooks and technology providers to develop their own event-contract platforms. DraftKings entered the segment in October with
its acquisition of Railbird, while FanDuel, owned by Flutter, plans to launch a prediction-market product in partnership with CME Group. Fanatics will use pricing from
Crypto.com, and
customers will be able to access the wider Fanatics ecosystem through a shared wallet.
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