Kolade Abisoye

Italy is set to publish the final version of its legislative decree on land-based gambling reform by 10 April. The draft is currently under review by the Unified Conference, representing the nation’s 20 regions and 100 municipal authorities. The reform process started in 2023 with a focus on digital gambling, leading to a new licensing […]

Kalshi has taken a key step toward introducing margin trading after its affiliate, Kinetic Markets LLC, received approval to operate as a futures commission merchant. The update appeared on the National Futures Association website on 23 March. This status opens a pathway for Kalshi to offer capital-efficient trading structures, though margin trading is not yet […]

Universal Entertainment has introduced a new management structure after shareholders approved changes at its 53rd annual general meeting held on March 27. The company appointed six directors and confirmed a revised board framework as part of its ongoing governance overhaul. Tomohiro Okada remains in position as representative director and president, overseeing the group’s operations. He […]

Washington has filed a lawsuit against Kalshi, arguing that its prediction market platform constitutes illegal online gambling under state law. The complaint was submitted in King County Superior Court by the Washington State Attorney General’s Office. Authorities claim the platform violates both the state’s Gambling Act and Consumer Protection Act. Hence, the state seeks to […]

Star Entertainment Group has secured a binding commitment for a US$390 million refinancing with funds linked to WhiteHawk Capital Partners. The agreement, confirmed in an ASX filing on 30 March 2026, is intended to provide fresh liquidity and address existing debts. The deal follows an in-principle agreement reached in late February, with the company signing […]

Kambi Group reported full-year 2025 results showing declines across revenue and profitability, plus delayed market entries. Total revenue fell to €162m from €176.4m in 2024, reflecting an 8.2% drop. When excluding one-off transition fees recorded in the prior year, the decline was narrower at 1.2%. Q4 revenue reached €42.7m, down 3.9% year-on-year. Profitability also weakened […]

ElectraWorks Limited, a subsidiary of Entain, has been fined DKK 500,000 (€67,000) after a Danish court found it guilty of misleading marketing. The decision was issued by the Copenhagen City Court following a case linked to promotions run on bwin.dk. The ruling focused on betting campaigns described as “risk-free,” a claim the court found inaccurate. […]

Kalshi has reported more than $800 million in trading during the opening weekend of March Madness, making it a standout player. The figure nearly doubles the total volume recorded across the entire tournament period in 2025. Last year, users traded $208 million during the first two rounds of the NCAA tournament. The latest numbers highlight […]

Malta is considering a dedicated regulatory framework for prediction markets. Economy Minister Silvio Schembri described the vertical as a major opportunity for the country’s digital economy. The announcement was made during the inauguration of Blockchain.com’s new offices in Malta. Schembri said: “We are actively exploring the emerging field of prediction markets, an area experiencing rapid […]

Leaders from Kalshi and Polymarket have come together to support a new venture capital firm targeting the event contract economy, in a rare collaboration. The fund, 5c(c) Capital, was unveiled this week with backing from Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan. According to its website: “5c(c) aims to allocate capital and provide […]