iGaming Industry News, Regulation & Market Insights

Mississippi lawmakers have voted unanimously to advance the legislation targeting online sweepstakes casinos, sending Senate Bill 2104 to the House of Representatives. The proposal introduces new legal definitions and penalties to restrict the operation and promotion of these platforms within the state. What happened The Senate passed SB 2104 by a 52-0 vote after revisions […]

Key Points Jump Trading will obtain minority equity positions in Kalshi and Polymarket via market-making partnerships. Polymarket equity allocation for Jump expands progressively according to trading volume contributions to American operations. Kalshi commands an $11bn valuation whilst Polymarket reached $9bn in recent funding. Susquehanna International Group pioneered trading firm participation as a prediction market liquidity […]

Key Points Polymarket launched federal litigation against Massachusetts Attorney General Andrea Joy Campbell and the Massachusetts Gaming Commission to prevent the enforcement of state gaming regulations on sports event contracts. The platform claims it faces “imminent and irreparable harm” if Massachusetts blocks its prediction market operations. Polymarket maintains that the Commodity Futures Trading Commission holds […]

Key Points House Bill 2198 seeks to label various prediction markets as illegal gambling under the Hawaii statutes. The measure appeared on 28 January and gained unanimous support from the House Committee on Consumer Protection and Commerce within days. HB 2198 widens Hawaii’s gambling interpretation to cover particular event-based financial trading types. The proposal addresses […]

Genius Sports has seen its share price plunge after unveiling its planned $1.2bn acquisition of sports media group Legend. The company’s stock fell almost 28% on Thursday, marking one of the sector’s worst market responses to a major merger or acquisition in recent years. Market concerns centre around Genius purchasing a large affiliate business at […]

Crypto gambling billionaire Tim Heath is reportedly close to selling Yolo Group’s flagship brands Sportsbet.io and Bitcasino.io. According to reports from The Australian, Heath is expected to conclude the sale and step away from crypto-gambling operations as Yolo Group pivots toward regulated markets. The move follows Heath’s decision in 2025 to shut down both brands […]