Articles by Arijit Roul
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New York Bill Proposes Monthly Profit and Loss Reports for Bettors
A New York bill would force betting apps to send monthly profit and loss statements to users. Reports must show spending, time…
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Spartans.com Pushes Nexus International to $1.2 Billion Revenue in 2025
Revenue grew from $400 million in 2024 to $1.2 billion in 2025. Gurhan Kiziloz spent $200 million from internal profits alone. Nexus…
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Brazil Launches Predictive Derivatives Market Following SEC Approval
Brazil's SEC approved predictive derivatives for B3 listing. Sports markets cannot participate. B3 targets Q1 2026 for product launch. Investors need R$10m…
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Soft2Bet Releases MEGA11 for Better Sportsbook Engagement Using Football Manager Gaming
MEGA11 connects sportsbook bets with game progression using point mechanics. Five loyalty tiers exist: Beginner, Amateur, Professional, World Class, and Legend. The…
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Raketech Revenue Drops More Than Half in Q4 Results
Raketech’s Q4 revenue fell sharply to €5.7 million from €12.3 million, while full-year revenue dropped by more than half compared with 2024…
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Stake Enters Denmark with Five-Year Gambling Licence
Stake secured a five-year licence and launched online casino and sportsbook services in Denmark. Danish players receive the full platform, with headquarters…
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Codere Online Launches iOS Poker App in Mexico with Playtech Network
Codere Online launched an iOS poker app in Mexico with Playtech, connecting players to a shared P2P network. Poker already has over…
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Novig Targets All 50 States With Regulated Sports Trading Exchange After $75M Raise
Novig raised $75M Series B led by Pantera and is seeking CFTC approval for a nationwide prediction market. The platform hit $4B…
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TRUEiGTECH Unveils Enterprise-Level Prediction Market Solution for Gaming Operators
TRUEiGTECH launched an enterprise prediction-market platform for gaming operators with turnkey, API, and custom deployment options. Prediction markets are a fast-growing iGaming…
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Genius Sports Chief Justifies $1.2bn Legend Purchase Following Stock Decline
Legend's portfolio includes Covers.com, Casino.org and Casino Guru among its flagship digital properties. These brands generated 320 million visits from 118 million…
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RSI Reports Record Quarterly Revenue of $324.9m in Q4 with Annual Net Income Reaching $74m
The gaming operator achieved revenue growth of 28% during the fourth quarter of 2025. The company set a quarterly record with $44.1m…
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New Zealand Bans Prediction Markets as Unauthorised Gambling Operations
NZ Bans Prediction Markets: Department of Internal Affairs says Kalshi and Polymarket are illegal gambling operators without licences. TAB Monopoly: Only TAB…
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Dutch Authority Expels Polymarket from the Netherlands
Weekly fines of €420,000 ($496,000) await Polymarket if it ignores orders. Penalties peak at €840,000 total. Key Points Prediction markets count as…
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Turkish Government Blocks ₺5bn in Underground Gambling Money, Cancels Six Payment Permits
Turkish officials have successfully frozen approximately ₺5bn ($114m) in underground gambling proceeds whilst securing connected assets throughout 2025. The Central Bank of…
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Super Agrees Maxbet Online Romania and Malta Acquisition
Super Technologies to acquire Maxbet Online’s Romania and Malta operations, pending Competition Council approval. Maxbet brand stays; customers keep uninterrupted access during…
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New X Policy Blocks Betting Affiliates and Influencer Deals
X now bans gambling in organic Paid Partnerships. Disclosing affiliate or ambassador betting deals may violate the ban, but not disclosing breaks…
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ACMA Orders Blocking of Eight Illegal Betting Websites
The Australian Communications and Media Authority has basically told ISPs to block access to eight online gambling sites that have been breaking…
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Spribe Names Michael Bisping As Aviator Brand Ambassador
Spribe signed Michael Bisping as Aviator brand ambassador on a one-year deal as part of its wider marketing partnership with the UFC.…
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Kambi Group PLC Announces Strategic Agreement with SuomiVeto Before Finland’s July 2027 Regulation
Kambi will supply its sportsbook platform to SuomiVeto for Finland’s 2027 regulated betting launch. SuomiVeto’s team previously built BetCity’s success in the…
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DraftKings Q4 Revenue Achieves $2bn, Produces $3.7m Net Income for Fiscal Year
Fourth quarter 2025 net revenue for the operator demonstrates 43% year-over-year expansion. Full-year FY2025 net revenue rose 27% and totalled nearly $6.1bn…