Black Market Costing Czechia $15.9m in Lost Monthly Tax Revenue, Says New Report

Data from the Sociological Institute at the Slovak Academy of Sciences said 400,000 Czech players use illegal gambling sites and the figure signals a serious market problem. The Czech Republic loses over CZK330 million or $15.9 million each month in tax money from legal gambling operators as people play on unlicensed sites unknowingly. Data came […]

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U.S. Commercial Gaming Revenue Hits Nearly $7 Billion in October

U.S. commercial gaming bounced back strongly in October after a slow September, with growth across all major sectors. The American Gaming Association’s Commercial Gaming Revenue Tracker said, “U.S. commercial gaming revenue grew 17.0% year-over-year in October, reaching $6.81 billion with all three major verticals expanding.” The report said the results show 2025 is on track […]

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Crypto Platform Rocket Nets $1.5m Funding in Prediction Markets Push

Rocket, a crypto app experimenting with what it calls “redistribution markets,” just pulled in $1.5 million in pre-seed funding. This raise puts Rocket alongside a handful of other young crypto startups that managed to land early-stage funding as the year wrapped up. Investors clearly haven’t lost their appetite for novel ideas in the space, even […]

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French Betclic-Owner Banijay Group to Take Majority Stake in Tipico in €4.6bn Deal

Banijay Group, the French company behind TV hits like Koh-Lanta, just made a big leap beyond entertainment. Banijay said it’s buying a majority stake in Tipico Group, a top player in sports betting and gaming across Germany and Austria, with headquarters in Malta. This €4.6 billion deal means Tipico will join forces with Betclic Banijay’s […]

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CS2 Skins Market Loses Nearly $2 Billion in One Day

The Counter-Strike 2 (CS2) skins market lost $1.784 billion in just 24 hours, shaking players and traders. The sudden drop wiped out almost a third of the market’s value, going from nearly $6 billion to $4.27 billion. The crash came after a surprise update from Valve, the company behind CS2, Steam, and Dota 2, that […]

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