In July last year, Denmark was the first market to roll out its new Tipico US-powered sportsbook platform. Since then the product has also been gone live in Brazil and Sweden.
A call for a prediction markets crackdown has intensified as sports leagues, casino operators, and lawmakers push back against federal regulatory proposals. The NFL and the Casino Association of New Jersey submitted comments urging the U.S. Commodity Futures Trading Commission to block financial pl…
US President Donald Trump is no stranger to Las Vegas, where he returned this week to tout his tax changes and many other topics.
Analysts, hedge fund managers and other financial experts blame the latest swoon on prediction markets with DraftKings on deck.
Analysts remain bullish on Flutter but cut their targets as the company lowered guidance for FanDuel with more promotional investment coming. Flutter said its mishandling of promotions to FanDuel... The post Analysts Cut FanDuel Parent Targets On Higher Promotional Spending appeared first on Legal…
Earlier this year, the sports technology company signed multi-year partnerships with both Kalshi and Polymarket for data distribution.
Penn Entertainment is ready for a wildly competitive promotional environment this football season. It will be the first full season NFL or college football for most prediction market operators, a... The post Penn Prepared For Promotional ‘Arms Race’ This Football Season appeared first on Legal Spor…
Genius Sports is seeing growing benefits from prediction markets, which contributed to a stronger-than-expected second quarter as the sports data provider expands its business with the... The post Genius Sports Raises Outlook On Prediction Markets Growth appeared first on Legal Sports Report.
A Kalshi executive appeared on Bloomberg TV and talked through a variety of issues, including the recent New York lawsuit and its work on prediction markets integrity. Kalshi Head of Enforcement... The post Kalshi Exec Criticizes NY Suit, Says Product Is Heavily Regulated appeared first on Legal Sp…
A federal judge in Utah has ruled that the state’s anti-gambling laws apply to Kalshi’s sports event contracts, rejecting the company’s argument that federal commodities law preempts state enfor... The post Utah Can Enforce Gambling Laws Against Kalshi appeared first on Legal Sports Report.
In the same week Novig launched its prediction market platform across the U.S., it also sued the state of New York to protect its interests. Novig announced its nationwide launch Tuesday of its... The post Novig Launches Prediction Markets, Then Promptly Sues New York appeared first on Legal Sports…
Betway operator saw Q2 revenue in New Zealand increase 14%, helping its rest of world segment to report a 6% revenue uptick. It also saw market share gains in the UK during the period.
Genius joins Sportradar which also recently signed two multi-year partnerships with the leading prediction markets operators.
Betfred has announced plans to close 132 betting shops across the United Kingdom, resulting in approximately 600 job losses. The restructuring represents one of the largest operational cutbacks in the British bookmaking sector this year. Indeed, the closures affect multiple locations as the company…
Delta Air Lines has introduced a new Delta sports prediction game in partnership with DraftKings for airborne passengers. The new feature, called SkyPicks, brings free sports prediction contests to passengers traveling at high altitudes while remaining in full compliance with federal aviation gambl…
FanDuel parent Flutter announced a change at CEO as the company cut its guidance for the second time this year. Peter Jackson said the time is right for him to step down in the company’s second... The post FanDuel Parent Announces CEO Transition, Lowers Guidance Again appeared first on Legal Sports…
Kambi to enter the Silver State, which includes its gambling hub Las Vegas, in partnership with one of the market’s established leaders The post Kambi Group plc partners with Station Casinos in Nevada in landmark omni-channel sportsbook and player account management platform agreement appeared firs…
Kalshi and Polymarket saw their combined trading volume soar to a new all-time high in July as prediction markets continued to gain steam around the World Cup. According to The Block's data dashboard, Kalshi, Polymarket, and Polymarket US posted $50.59 billion in combined monthly trading volume in…
Get the latest gaming industry news delivered to your inbox.
If you believe gambling is becoming a problem, speaking to a professional is the most effective step you can take. The organisations listed below provide free, confidential support to anyone affected by problem gambling, including friends and family members of those struggling.
| Organisation | Coverage | Website |
|---|---|---|
| GamCare | UK and Europe | gamcare.org.uk |
| GambleAware | UK and Europe | gambleaware.org |
| Gambling Therapy | International | gamblingtherapy.org |
| GamStop | United Kingdom | gamstop.co.uk |
| Gamblers Anonymous | International | gamblersanonymous.org |
| Gordon Moody | UK and Europe | gordonmoody.org.uk |