eFishery, one of Asia’s most promising agritech startups, has become a cautionary tale of ambition turned deception. The Indonesian startup, founded by Gibran Huzaifah, began with a noble mission, revolutionizing aquaculture through automated fish feeders. The company grew from humble beginnings to a $1.4 billion valuation, attracting heavyweight investors such as SoftBank, Temasek, and Sequoia […]
The German Football Association has announced a major new partnership, naming Tipico as the official main partner of 3. Liga beginning with the 2025/26 season. The multi-year deal will run through the 2027/28 campaign, further solidifying Tipico’s position in German professional football. The top sports betting provider will receive exclusive central advertising rights within the […]
The Netherlands is preparing to implement the final phase of its gambling advertising ban. This was confirmed by the Dutch Gaming Authority, announcing that all sports sponsorships from online gambling operators will be officially prohibited from 1 July 2025. The move marks the conclusion of a two-year transitional period that started on July 1, 2023, […]
Attorneys from Loevy + Loevy, a civil rights law firm in Chicago, filed a class-action lawsuit for five Pennsylvania plaintiffs against DraftKings. The suit, entered in the U.S. District Court for the Eastern District of Pennsylvania, accuses DraftKings’ online sportsbook of deceiving users and leading them to bet and lose significant money, violating both state […]
Leading bookmaker 1xBet has reported a remarkable 68% quarter-on-quarter increase in its active Indian player base during Q1 2025. The brand credits this surge to its vast gaming portfolio, exclusive promotions, and local payment solutions. Furthermore, the growth underscores the success of recent strategic content, marketing, and product development investments. A 1xBet representative noted, “We […]
Blackstone has launched the sale of its global trade show organizing brand, Clarion Events, valuing the business at around £2 billion ($2.5 billion). This is one of the largest private equity assets to hit the market since recent geopolitical issues stalled dealmaking worldwide. Clarion, which runs international exhibitions across various sectors, was acquired by Blackstone […]
Yield Sec: GGR of Crypto Casinos in 2024 Reached $81.4b
April 27, 2025Yield Sec: GGR of Crypto Casinos in 2024 Reached $81.4bn. This figure has increased fivefold since 2022. According to Yield Sec’s founder, Ismail Vali, the behavior and habits of the target audience have changed significantly. Just a few years ago, players were skeptical of crypto platforms and far from using cryptocurrencies in general, […]
Kiickr: How the new affiliate network from Game Lounge grew by 200% and what it means for the gambling market
April 27, 2025The affiliate network Kiickr, launched by Game Lounge in January, is showing impressive growth. According to the project’s official LinkedIn account, by the end of February, Kiickr had increased its performance metrics by 200%. The team has not specified which exact metrics are being referred to, but given Game Lounge’s reputation in the gambling […]
In 2022, several local operators filed a collective complaint with various authorities, demanding action at the state level against offshore (and foreign in general) operators. Among other things, they requested the blocking of these operators’ websites within the country. Now, after three years, the Chilean Prosecutor’s Office has officially announced that no further […]
The fate of prediction platforms at risk: how the fight against gambling in the US could change the future of financial technologies
April 13, 2025The U.S. gambling and financial market is facing new tensions due to prediction platforms like Kalshi, Robinhood, and Crypto.com. These companies, initially seen as innovative alternatives to traditional betting, are now facing legal challenges. Several states, including Nevada and New Jersey, claim these platforms are operating illegal gambling schemes and demand they stop in […]
Companies
Prediction Markets