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Blog

7 minutes

A Look Into Sweepstakes Sports Betting Trend and How Does It Work Legally

Are sweepstakes sportsbooks actually legal and if not, what legal loophole makes this possible?

Aimy Qisteena Legal Counsel at LegalBison

7 minutes

List of Gambling Commissions Around the World: An Ever-evolving Reference Guide

This guide lists the major gambling commissions worldwide and outlines the factors we consider when advising clients on jurisdiction selection.

Anastasia Marchenko Legal Researcher at LegalBison

7 minutes

Racino, Explained

A racino runs on two separate licenses under one roof, and most of the confusion about what a racino actually is comes from ignoring that split. 

Anastasia Marchenko Legal Researcher at LegalBison

7 minutes

We Round-up 7 of the Most Successful Web3 Casino Platforms and Explain How They Get Licensed

A founder wants to talk through a new project, and at some point in the intake they say some version of “I want to build something like Stake.” What follows is usually a licensing conversation the founder did not expect to have. 

Anastasia Marchenko Legal Researcher at LegalBison

News

7 minutes

Open USD’s Governance Model Solves a Business Problem. It Doesn’t Solve a Licensing Problem.

On June 30, 2026, a consortium of more than 140 companies from Visa, Mastercard, Stripe, BlackRock, Coinbase, and Ripple among them announced Open USD, a dollar stablecoin governed collectively through an independent entity called Open Standard. 

7 minutes

We Break Down the Difference Between GGR vs. NGR and How They Relate to AML Compliance in Gambling Platforms

Regulators want to know how the money moves. Explore the core differences between GGR vs. NGR and how they relate to AML reporting in online gambling platforms.

7 minutes

Explaining Event Contracts From Legal Structure, Regulatory Status, and Licensing Implications

A founder building a prediction market platform would ask us whether they need a gambling license, a derivatives license, or something else entirely? 

7 minutes

What Is a Sweepstake and How Does It Work?

A sweepstake promises you a prize for doing nothing more than showing up. That single detail, the fact that you don't have to pay to enter, is the entire reason the format is legal in the first place. 

Anastasia Marchenko Legal Researcher at LegalBison

7 minutes

What Is a Prediction Market? Behind the Trend, How These Platforms Work and Make Profits

The mechanics of prediction market are quite simple to describe. Meanwhile, the regulatory treatment is not, and that gap is what turns the space into both a commercial opportunity and an open legal question for founders building in it.

Anastasia Marchenko Legal Researcher at LegalBison

News

7 minutes

Lance Gokongwei’s PhilWeb Bet Is a Verdict on PAGCOR

The company stopped operating eGames halls directly years ago; what it sells now is platform infrastructure, systems integration, and the compliance paperwork behind them.

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