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Nov 15–21 iGaming Recap: Florida Targets Fixed Bets, Sky Bet Moves to Malta, PrizePicks Expands Prediction Markets

This week brought stronger enforcement efforts in key markets, new financial strategies from major operators, and fresh innovation in prediction markets and payments. Responsible gambling initiatives also expanded as regulators and charities responded to emerging risks.

This week in the online gambling industry:

  • Florida proposed tough penalties for fixed sporting bets and clarified fantasy rules.
  • Sky Bet will move operations to Malta as UK regulatory pressure intensifies.
  • Arizona reported a three-year low in adjusted sports betting revenue.
  • PrizePicks launched new prediction markets through its Kalshi partnership.
  • GambleAware introduced new resources for neurodivergent players experiencing harm.

😄 Missed last week’s updates? Catch up with the previous iGaming Recap.

😎 Interested in what the iGaming community is saying? Visit our Opinion Corner, where we cover trending social media posts and provide our expert commentary.

Here’s the full rundown:

Regulatory & Legal Updates

Florida Bill Targets Illegal Fixed Bets, Clarifies Daily Fantasy Rules, iGB

Florida lawmakers have advanced House Bill 189, which would make wagering on a fixed or predetermined sporting event a third-degree felony, tightening state integrity rules. The bill also formally defines what constitutes a legal daily fantasy contest, aiming to settle long-running disputes between fantasy operators and state regulators.

Lawmakers say the measure is designed to close loopholes as sports betting activity continues to grow across Florida.

Sri Lanka Set to Launch New Gambling Regulator in December, iGamingToday

Sri Lanka is preparing to launch a new independent Gambling Regulatory Authority in December, consolidating oversight of casinos, betting shops and online gambling under a single body. The reform is part of a broader restructuring aimed at strengthening compliance and improving the country’s attractiveness to regulated operators.

Officials say the unified regulator will also enforce stricter anti-money-laundering standards and introduce clearer licensing procedures.

Myanmar Breaks Up Illegal Online Gambling Ring, Nearly 350 Arrested, NEXT

Authorities in Myanmar conducted one of their largest-ever raids on illegal online gambling operations, arresting almost 350 people linked to unlicensed betting and scam networks. Police seized hundreds of mobile phones, computers and financial transaction tools believed to have supported cross-border gambling activities.

Investigators say the crackdown highlights the country’s escalating effort to dismantle criminal groups tied to digital fraud and illegal gaming hubs.

Financial Performance & Business Moves

Flutter’s Sky Bet Moves to Malta Amid UK Tax & Regulatory Pressure, SBC News

Flutter Entertainment has confirmed that its brand Sky Bet will relocate commercial and marketing operations to Malta, citing the UK’s regulatory uncertainty and potential tax rises as key factors.

The move could reduce its UK tax liability by up to £55 million annually, as Malta’s effective corporate tax rate for such firms can be as low as 5% compared to around 25% in the UK. 

Arizona Sports Betting Revenue Falls to Three-Year Low in September, iGB

In September 2025, Arizona reported adjusted sports betting revenue of just $19.6 million, down 52.8% from August’s $41.5 million, marking the lowest monthly total since July 2022. The drop came despite a handle of $851.3 million, indicating either reduced margins or heavy promotional activity.

Technology & Innovation in Gambling

SOFTSWISS Consolidates Status as a Key Google Partner, European Gaming

SOFTSWISS has strengthened its position as a key Google Cloud partner after completing multiple large-scale infrastructure projects across 40+ jurisdictions. The company now leverages Google Cloud’s machine learning, data analytics and global security architecture to enhance the performance of its iGaming solutions.

SOFTSWISS said the partnership allows operators to scale faster, reduce downtime, and support more advanced responsible gambling tools powered by real-time data.

PrizePicks Launches Prediction Markets in Multi-Year Partnership With Kalshi, Yogonet

PrizePicks has rolled out fully regulated prediction markets on its platform through a new multi-year partnership with Kalshi, the only CFTC-regulated event contracts exchange in the U.S. Executives described the launch as a major step toward blending fantasy sports with financial-style event trading in a compliant framework.

The collaboration allows PrizePicks users to trade on real-world outcomes such as player stats, team performance and sports milestones, expanding beyond traditional fantasy formats.

Responsible Gambling & Player Protection

New Public Health Strategy Targets Gambling Harms Among Men, SBC News

A new UK public health strategy has been launched to address the disproportionate impact of gambling harms on men, who account for the majority of individuals experiencing severe financial, psychological, and social consequences.

The initiative, developed with input from NHS clinicians and public health specialists, focuses on early intervention, targeted outreach, and integrating gambling harm screening into male-dominated environments such as sports clubs and workplaces. 

GambleAware Releases New Resources for Neurodivergent People Affected by Gambling Harm, Gambling Insider

GambleAware has launched a new suite of resources designed specifically for neurodivergent people, including those with ADHD, autism, and dyslexia, who face higher risks of gambling harm.

The materials include accessible guides, tailored self-help tools, and communication formats that reduce cognitive overload, following extensive research and consultation with neurodivergent individuals.

Stories from Social Media Platforms

Stories from iGaming Forums

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About the Author
Andrej Jovanovski
iGaming & Casino News Writer

Andrej Jovanovski is a seasoned news writer with seven years of experience and a passion for sports betting and online casinos. A former basketball player and lifelong gaming enthusiast, he brings sharp analysis and industry insights to his iGaming coverage. When he's not writing, Andrej enjoys placing UFC and NBA bets, playing Blackjack, and watching high-stakes streams online.

Fact-checked by Christian Howells

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