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Kalshi and Polymarket Discuss Funding at $20 Billion Valuation

Investor interest in prediction markets continues to rise as two of the largest platforms discuss major funding plans Reports indicate that both Kalshi and Polymarket are speaking with investors about new capital raises that could lift company valuations to about $20 billion each The discussions remain early, according to reporting from the..
2 months ago

Goa Raises Casino Licence Fees by 200%

India state of Goa plans major changes to casino licensing rules as part of the latest state budget Government officials intend to increase licence costs and introduce tighter oversight while keeping the casino industry active The changes affect land based casinos and arrive as local debates continue over offshore casino ships operating along..
2 months ago

New Zealand Prepares 15 Licences for Online Casino Operators

New Zealand is preparing to regulate online casino gambling through a new licensing system scheduled to begin during 2026 Government officials aim to bring a large offshore gambling market under domestic oversight through legislation currently moving through parliament Authorities say the new system will introduce formal licences for operators..
2 months ago

MLS Bans Yaw Yeboah and Derrick Jones for Life Over Betting

Major League Soccer issued lifetime bans to two former players after an investigation uncovered betting activity tied to league matches Officials say wagers included games connected to their own teams during recent seasons League leadership said the case raised serious concerns about match integrity and player conduct Good to Know..
2 months ago

Underdog Gains CFTC Exchange License Through Aristotle Acquisition

  Good to Know Underdog acquired Aristotle Exchange to operate a CFTC regulated event contract exchange Ownership gives Underdog both a Designated Contract Market and a Derivatives Clearing Organization Prediction markets tied to sports can operate across many states where traditional sportsbooks cannot Underdog has..
2 months ago

LT Game Launches Infernoplay iGaming Brand Across Europe And Asia

LT Game Ltd has introduced a new online casino content brand called Infernoplay, designed for regulated iGaming markets across Europe and Asia The Macau based casino technology company plans to distribute both newly developed games and digital versions of titles already popular inside land based casinos The launch reflects a broader shift among..
2 months ago

PhilWeb Announces Board Changes After Nexora Led Takeover

PhilWeb Corp confirmed leadership changes after completion of a major ownership transfer involving local investment firms Nexora Holdings Inc and Velora Holdings Inc The Philippines listed gaming technology company updated the board following the final stage of a share purchase agreement tied to a PHP180 billion transaction PhilWeb remains a..
2 months ago

Push Gaming Launches Slot Games With Bet365 In Buenos Aires Province

Push Gaming continues growth across Latin America as the company introduces slot titles to players in Buenos Aires Province through Bet365 The rollout brings a well known portfolio of online casino games to one of the largest regulated markets in Argentina Operators across the region continue to invest heavily in LATAM online casino markets,..
2 months ago

Kalshi Faces Class Action Lawsuit Over Khamenei Death Prediction Market

A legal dispute involving prediction market platform Kalshi has reached court after traders filed a class action lawsuit tied to a market about Iranian leadership The case centers on how a specific rule connected to death outcomes was presented to users and whether traders received proper payouts after the market closed Court filings claim that..
2 months ago

Governments Tighten Social Media Access For Children In Indonesia And India

Governments across Asia continue to examine how social media affects young users Indonesia and the Indian state of Karnataka recently announced plans that would limit when children can access major social platforms Officials argue that stronger rules may help reduce exposure to harmful content and online risks Policy discussion about youth..
2 months ago

Michigan Attorney General Dana Nessel Warns Residents About Sweepstakes Casino Risks

Michigan Attorney General Dana Nessel issued a public notice during National Consumer Protection Week reminding residents to stay careful when entering sweepstakes promotions Officials said many promotions operate legally, yet some attempt to mislead people into sharing personal details or paying fees tied to fake prizes Good to Know..
2 months ago

Banijay Delays Tipico Integration Until After World Cup

Banijay Entertainment plans to delay integration of Tipico until after the FIFA World Cup Leadership said the gaming division is concentrating on player growth and engagement during the tournament rather than restructuring operations beforehand The company reported FY25 earnings showing continued expansion across its gaming segment as..
2 months ago

DraftKings and ESPN Announce Account Linking for March Madness

DraftKings and ESPN plan a new account linking feature designed to connect bracket picks with sports betting markets ahead of the NCAA basketball tournaments The feature targets the upcoming men NCAA Tournament and women NCAA Tournament, commonly known as March Madness The collaboration adds new interactive betting tools for fans who..
2 months ago

Caesars Opens Sportsbook At The Resort At Summerlin In Las Vegas

aesars Entertainment has opened a new retail sportsbook at The Resort at Summerlin in Las Vegas The venue represents the first Caesars Sportsbook location operating in the Summerlin area and expands the company retail betting presence across Nevada Good to Know Caesars opened the first retail Caesars Sportsbook location in the..
2 months ago

BGaming Launches Aviamasters 2 After Viral Success Of Original

BGaming has released Aviamasters 2, a sequel to the casual iGaming title Aviamasters that gained popularity across streaming platforms The new game builds on the mechanics of the original while introducing visual updates, new features, and a higher potential multiplier Good to Know Aviamasters 2 raises the maximum multiplier from x250..
2 months ago

BGC Launches Spot The Black Market Game For UK Gamblers

The Betting and Gaming Council has launched an interactive online quiz called Spot The Black Market aimed at helping consumers identify illegal gambling websites The initiative forms part of a broader campaign by the industry group to address growing concerns about unlicensed operators targeting players in the United Kingdom Good to..
2 months ago

Entain Reports £681 Million Loss For 2025

Entain reported a group loss after tax of £681 million for 2025 Financial results reflect impairment charges tied to new United Kingdom gambling tax rules scheduled to take effect in April 2026 Good to Know Entain recorded a £681 million loss after tax for 2025 United Kingdom online gambling tax will increase from 21 percent to 40..
2 months ago

FanDuel Plans Loyalty Program Launch By June

FanDuel plans to introduce a loyalty program for sportsbook customers in the United States Flutter Entertainment executives confirmed the program will launch before the end of June as part of broader efforts to retain users in an increasingly competitive sports betting market Good to Know FanDuel plans to introduce a sportsbook loyalty..
2 months ago

Senators Introduce Bill Banning Officials From Prediction Market Trading

Two US senators have introduced legislation that would prohibit senior government officials from trading contracts on prediction market platforms such as Kalshi and Polymarket Lawmakers say the proposal addresses concerns that confidential government information could be used for personal profit through event based trading markets Good to..
2 months ago

Bet365 Replaces DraftKings As UFC Betting Partner In US And Canada

UFC confirmed a new sports betting partnership covering the United States and Canada bet365 replaces DraftKings as the promotion official sportsbook partner and will integrate betting features across broadcasts, digital platforms, and live events under a multi year agreement Good to Know bet365 replaces DraftKings as UFC official..
2 months ago