Key Points Raketech Q1 2026 revenue dropped 36% year on year to €5.3m due to divestments, closure of low margin parts, and focus on higher value revenue streams. Even with a revenue drop, EBITDA increased 15% to about €1.2m, while margins improved through cost cuts and restructuring moves. The firm now pushes Nordic focus, platform […]
Prediction Markets Move Betting Sector Quickly
May 4, 2026Key Points DATA.BET launched Prediction Markets as a fourth betting vertical, allowing wagers on global events across politics, finance, technology, crypto, economy, culture, geopolitics, and weather. The product cuts old complexity by using fiat payments, sportsbook logic, and simple design, while adding VWAP pricing, slippage-based limits, and multi-outcome markets. With iFrame and API access, the […]
Most Traders Lose, So Who Is Taking the Gains?
May 1, 2026Key Points Most users on Polymarket faced losses, and over 100,000 accounts dropped more than $1,000, while retail traders together lost $131 million. A very small group, near the top 1% and mostly bots, secured most profits through speed in execution instead of prediction skill. Retail users often predicted outcomes correctly, yet they still lost […]
DoubleU Step May Shift Direction
May 1, 2026Key Points DoubleU Games placed an offer at $11.25 per ADS, placing the remaining value at millions, showing an over 22% rise and equal to DoubleDown’s 52-week peak. The step aims to combine operations, connect product and tech teams, and control capital under one balance sheet. The deal needs 95% shareholder support and independent approval, […]
Key Points A server breach aimed at Amatic Industries pushed several slot games into failure, lifting win rates and letting players gain payouts that do not match normal play. The fault ran from 6 pm to 11:30 pm CEST on April 17, bringing confusion on offshore sites such as Vodka.Bet and Vavada, where some users […]
Key Points ITV Win will close before reaching six months in the market, its operator Richmond Atlantic exhausted its funds while efforts to find a buyer collapsed under growing financial strain. The sharp rise in UK Remote Gaming Duty pushed operating conditions beyond reach, driving the shutdown and putting as many as 40 roles at […]
Key Points Bet365 has been granted a five-year gambling license from ANJ, entering the well-regulated and competitive French market right before the beginning of a significant betting period around the world. Bet365 now works in an environment where big brands dominate and where high tax rates and stringent compliance requirements increase user acquisition challenges. Its […]
Sportradar Posts Q1 Net Loss Despite 11% Revenue Rise
April 30, 2026Key Points Sportradar pushed revenue higher, yet mounting costs and outside financial strain pressed down on profit. Key divisions, including betting technology and gaming content, held firm; still, uneven regional trends and operational shifts produced a mixed outcome. Market unease did not stop the company from projecting confidence, as strategic steps stayed aligned with long-term […]
Rivalry Shock as CEO Stands Alone After Exits
April 29, 2026Key Points Rivalry lost most of its leadership group, including co-founders, board members, and senior executives, which leaves CEO Steven Salz as the only decision-maker now. The exits followed a February shutdown in Ontario, staff cuts, and a strategy shift linked to performance swings and sale talks. Even with earlier growth signs and cost cuts, […]
Key Points The state of Michigan is giving free access to Gamban, an application that blocks access to gambling sites for five years to residents, in its efforts towards responsible gambling practices. While there is no need to participate in self-exclusion programs, the app automatically blocks any gambling sites on all devices without the need […]
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