The Arizona Department of Gaming (ADG) issued cease and desist letters. These went to Kalshi, Robinhood, and Crypto.com. All three are sports-event contract providers. Robinhood partners with Kalshi on some offerings. Crypto.com also received a letter from the regulator. The department’s letter explained that Kalshi tries to legitimize its actions. It uses the term “innovation” […]
Brazilian Court Upholds Operation of Betnacional, Mr. Jack Bet, and Pagbet Amid Child Protection Lawsuit
May 29, 2025The Court of Justice of the Federal District and Territories has ruled for the continued operation of online betting platforms Betnacional, Mr. Jack Bet, and Pagbet, which are operated by NSX Brasil. This decision follows a lawsuit filed by Educafro Brasil and the Padre Ezequiel Ramin Human Rights Defense Center, seeking to suspend the platforms […]
After a record-breaking turnout in 2025, SBC Summit Americas will be returning to Fort Lauderdale in June 2026. The announcement follows widespread acclaim from industry leaders and attendees who hailed the event’s content, networking opportunities, and regional inclusivity. This upcoming edition is scheduled to take place at the Broward County Convention Center from 8 to […]
Playtech has reached an initial agreement with Pferdewetten, a German betting group, for the potential takeover of its Happybet subsidiary in Germany. While in its early stages, the deal is a significant move in Playtech’s strategy to exit the business-to-consumer (B2C) market and concentrate solely on business-to-business (B2B) operations. Negotiations and Potential Outcomes The agreement […]
eFishery, one of Asia’s most promising agritech startups, has become a cautionary tale of ambition turned deception. The Indonesian startup, founded by Gibran Huzaifah, began with a noble mission, revolutionizing aquaculture through automated fish feeders. The company grew from humble beginnings to a $1.4 billion valuation, attracting heavyweight investors such as SoftBank, Temasek, and Sequoia […]
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