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How to play Arising Phoenix
He was also fined $71,356.
Kalshi’s compliance department uncovered a series of large trades made by Santos throughout February 2026 involving contracts that would pay out based on whether he attended the State of the Union address on 24 February.
The exchange reported that Santos then issued public statements regarding his attendance, some deemed false or misleading, that were deliberately aimed at influencing the price of “Yes” or “No” contracts connected to his attendance.
How to play Arising Phoenix
The headline mechanical difference is a shift in risk profile. This variant runs on a 5×3 grid with 10 paylines at an RTP of 96.50%, and the volatility has been eased to medium against the high-variance base game. That softens the swings while keeping the same top-end potential.
That ceiling stays substantial at 20,000x the bet. It’s reserved for a fully developed free spins round where Fisherman Wilds collect Money symbol values and progressive retriggers push collection multipliers higher.
The one genuinely new seasonal wrinkle is a pumpkin symbol. It can land during free spins to award mid-bonus upgrades, layered on top of the ante bet and feature-buy options already familiar across the range. For an experienced Big Bass player, the proposition is deliberately recognizable rather than reinvented.
What is Arising Phoenix?
On Monday, the Gambling Regulators European Forum (GREF) announced a reshuffle of its board following the departure of two long-standing members and the appointment of two new officers.
GREF is a cooperative network bringing together national gambling regulators across Europe and beyond to facilitate dialogue, exchange information and share best practice on regulatory strategies.
Tim Miller, who resigned from the UK Gambling Commission earlier this year, has stepped down from the GREF board and has relinquished his role as treasurer.