Allwyn and OPAP have secured another step toward completing the planned merger for their lottery and gaming operations across several European countries. Ahead of the transaction, 6.7% of OPAP shareholders have decided to cash their shares. The deal will increase Allwyn’s economic interest in OPAP and move the Greek operator toward a simplified ownership structure. […]
Federal prosecutors in Connecticut have charged two men accused of using stolen identities to extract funds from FanDuel and other regulated gambling platforms. Amitoj Kapoor and Siddharth Lillaney, both from Glastonbury, are named in an indictment alleging a multi-year conspiracy involving fraud, identity theft, and money laundering. Authorities claim the activity ran from 2021 through […]
Sports platform Sleeper has introduced in app prediction market trading through a new integration with Kalshi, giving its estimated 10 million users direct access to event-based contracts. The rollout begins with sports focused markets, with additional real world categories expected to follow as the product develops. Kalshi aims to push distribution through partnerships that place […]
Atlas SEO Closure By Gentoo Media Set To Make 50 Jobs Redundant
February 12, 2026Gentoo Media-owned marketing company Atlas SEO is preparing to shut down, placing the jobs of over 50 employees at risk. The decision follows mounting financial strain and unsuccessful efforts to stabilise operations after a leadership transition. Gentoo Media acquired Atlas SEO in 2024 for €3.2m, four years after founders Charles Hodge and Lee Tadd launched […]
Senate Advances Anti-Sweepstakes Bill in Mississippi
February 11, 2026Mississippi lawmakers have voted unanimously to advance the legislation targeting online sweepstakes casinos, sending Senate Bill 2104 to the House of Representatives. The proposal introduces new legal definitions and penalties to restrict the operation and promotion of these platforms within the state. Mississippi Senate unanimously advances sweepstakes casino ban bill The Senate passed SB 2104 […]
Genius Shares Fall As $1bn M&A Deal Draws Investor Backlash
February 11, 2026Genius Sports has seen its share price plunge after unveiling its planned $1.2bn acquisition of sports media group Legend. The company’s stock fell almost 28% on Thursday, marking one of the sector’s worst market responses to a major merger or acquisition in recent years. Market concerns centre around Genius purchasing a large affiliate business at […]
Tim Heath’s Yolo explores sale of Sportsbet.io and Bitcasino.io
February 11, 2026Crypto gambling billionaire Tim Heath is reportedly close to selling Yolo Group’s flagship brands Sportsbet.io and Bitcasino.io. According to reports from The Australian, Heath is expected to conclude the sale and step away from crypto-gambling operations as Yolo Group pivots toward regulated markets. The move follows Heath’s decision in 2025 to shut down both brands […]
Genius Sports Agrees $1.2bn Media Deal To Acquire Legend
February 10, 2026Genius Sports has agreed to acquire sports media business Legend in a transaction worth up to $1.2bn. The deal includes $900m payable at closing, made up of $800m in cash and $100m in stock, with a $300m earnout split equally across the next two years. According to industry sources, Legend employees have been informed of […]
Betsson has closed out 2025 with reduced profitability, though boasting higher revenue. This is due to rising gaming taxes and increased investment in product and technology. The Swedish operator reported full-year revenue of €1.2bn, representing an 8% increase year-on-year and a 13% organic boost. EBITDA declined by 1% to €313.7m, pushing the EBITDA margin down […]
Winners Inc, through its wholly-owned subsidiary Moneyline Sports, has made an official foray into prediction markets with the launch of MeVu. This mobile-first trading platform gives users access to sports-related event contracts on Kalshi and Polymarket. It also simplifies prediction markets trading for sports audiences. A single platform for Kalshi and Polymarket MeVu is expected […]
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