All posts tagged: lobbies

Prediction market, casino and gaming lobbies increase spend in 2026

Prediction market, casino and gaming lobbies increase spend in 2026

Kalshi and Polymarket. Gabby Jones | Bloomberg | Martin Lelievre | Getty Images A lobbying arms race between Kalshi, Polymarket and the casino and gaming sectors is unfolding in Washington, with all sides vying to win over lawmakers amid increasing scrutiny of prediction markets from Congress and regulators. Kalshi’s lobbying spending totaled $990,000 during the first half of 2026, according to filings this week, and nearly $1.8 million when including outside firms it’s hired. That’s more than the total $1 million the company spent on lobbying for the entirety of 2025 and marks the highest six-month spending to date for the company. But the gambling and casino industry, which is fighting the rise of prediction markets, is also spending more on Capitol Hill.  The American Gaming Association, a gambling industry group, spent $1.39 million so far in 2026 on lobbying efforts, pacing ahead of what it spent in 2025. When including outside firms, the group has spent nearly $1.8 million on federal lobbying, 30% more than it spent in the first half of 2025. Cherokee …

Norway Lobbies To Persuade EU To Drop Arctic Drilling Ban

Norway Lobbies To Persuade EU To Drop Arctic Drilling Ban

Authored by Tsvetana Paraskova via OilPrice.com, Norway, Western Europe’s top oil and gas producer, has intensified lobbying at the European Union to persuade the bloc to remove or tweak its moratorium on Arctic oil and gas drilling. Norway, which is not a member of the EU but is the biggest gas supplier to European markets, has sent nearly a dozen of its ministers to Brussels so far this year to discuss energy and trade and the state of the Arctic drilling. The Iran war and the biggest oil and gas supply disruption in history have added to Norway’s arguments that Europe needs reliable supply from places outside of conflict zones. However, the EU’s moratorium enacted in 2021 due to the bloc’s climate commitments and environmental concerns, does not allow drilling in Norway’s northern parts of the Barents Sea, which is estimated to contain most of the remaining Norwegian oil and gas resources. “Norway is very active and good at making its voice heard,” the EU’s special envoy for the Arctic, Claude Veron-Reville, told Bloomberg in …

Carney lobbies Starmer over defense bank – POLITICO

Carney lobbies Starmer over defense bank – POLITICO

Carney raised the subject in a call with Starmer Monday, in which he “emphasized the DSR Bank’s potential to unlock private capital to fund defense and security firms across the supply chain – creating massive opportunities for workers and businesses,” according to the Canadian readout. The readout added that the two men “agreed to task their teams to work together to advance this objective and ensure alignment of Canadian and U.K. efforts.” Starmer is facing increasing calls to sign up from his own party and the British defense industry. Two Labour MPs told POLITICO the government ought to seize on the opportunity as it seeks to ramp up military spending. Alex Baker said “this could be as significant as creating a modern-day NATO, as Labour did 77 years ago,” while Luke Charters said the initiative would help “build a prosperous, globally engaged U.K. while keeping our country safe, a vision the prime minister has rightly championed as Europe looks for stability in uncertain times.” Make UK Defence, a trade body representing manufacturers, has been advocating …

Texas oil executive lobbies against Georgia sanctions legislation

Texas oil executive lobbies against Georgia sanctions legislation

A Republican donor and Texas oil executive is lobbying against bipartisan legislation imposing sanctions on pro-Russian, anti-democratic officials in the country of Georgia, according to a letter obtained by The Hill.  Steve Nicandros, chairman and CEO of a Houston-based energy company claiming more than half a billion dollars of investments in Georgia, sent a letter… Source link