Evolution has confirmed it will suspend dividends for the 2025 financial year as it reassesses how capital is deployed ahead of 2026. The decision is a clear shift from its established approach to shareholder returns. The company has traditionally committed to distributing at least 50% of annual net profit. In its latest statement, the Board […]
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23 Broadway has secured $3m in seed funding to push its next phase of growth and launch a user acquisition financing platform powered by AI. The round was co-led by Betty and Will Ventures, with additional backing from 359 Capital, CEAS Investments, and Dave Bartman. The company aims to combine non-dilutive funding for customer acquisition […]
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Polymarket has agreed to acquire Brahma, a DeFi company, in a move to upgrade its infrastructure. This deal was first reported by Fortune and later confirmed through the official channels of both companies. Launched in 2021 by Akanshu Jain, Alessandro Tenconi, and Bapi Reddy K., Brahma focuses on decentralised finance infrastructure built around “custodial-free” systems. […]
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Gemeinsame Glücksspielbehörde der Länder has released new data suggesting that most online gambling activity in Germany now flows through licensed operators. The study places the channelisation rate at 77.03%, leaving the unregulated market with a 22.97% share. The research was commissioned by the regulator and conducted by Blockchain Research Lab. It estimates that illegal online […]
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Virginia failed to pass legislation that would have legalised online casino gaming after the 2026 session ended on 14 March without a final vote. House Bill 161 ran out of time despite reaching the final stages of the process. Both the House of Delegates and the Senate had already approved their respective versions earlier in […]
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Better Collective has confirmed a new major shareholder position following a notification under Section 30 of the Danish Capital Markets Act. The update came after Triton Administration (Jersey) Limited disclosed its indirect stake in the business. The filing shows that Triton now holds 3,076,663 shares and voting rights in Better Collective, which represent about 5.24% […]
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Kalshi filed a lawsuit on 12 March against Kris Mayes and several state officials in the US District Court for the District of Arizona. The case targets state efforts to block the company from offering prediction market contracts to residents. Court filings list the defendants as Mayes and the head of the Arizona Department of […]
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The Massachusetts Gaming Commission has imposed $80,500 in fines across five major operators following eight separate violations. The penalties were issued to BetMGM, Caesars Sportsbook, DraftKings, Fanatics Betting and Gaming, and FanDuel. Officials approved the fines unanimously during a recent hearing, pointing out recurring compliance issues in the industry. The violations occurred between September 2023 […]
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Novibet has finalised the deal to become main shirt sponsor of Santos FC for three years. They secured a central position on the club’s jersey and could generate up to BR85m per season. The structure includes a fixed annual payment of BR35m. But additional earnings could boost the total value by up to BR50m. As […]
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Casino operators in Nebraska have launched a fresh campaign to legalise online gambling through a public vote after legislative efforts failed to progress. The move is supported by local casino companies and top sportsbook brands, with the aim of involving voters via a ballot process later this year. According to local reports, the proposal includes […]
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