The Court of Justice of the Federal District and Territories has ruled for the continued operation of online betting platforms Betnacional, Mr. Jack Bet, and Pagbet, which are operated by NSX Brasil. This decision follows a lawsuit filed by Educafro Brasil and the Padre Ezequiel Ramin Human Rights Defense Center, seeking to suspend the platforms […]
Due to a delay in filing its 2024 Form 20-F, Codere Online Luxembourg is currently at risk of being delisted from the Nasdaq Stock Market. On May 16, 2025, the company received a formal notification from Nasdaq’s Listing Qualifications Department citing non-compliance with continued listing requirements. The prolonged audit procedure following the appointment of a […]
Italy’s gambling sector keeps growing and increasing its tax contribution. The Customs and Monopolies Agency (ADM) shared a new update on gambling performance and regulations at a Rome summit held on 21 May. State agencies attended and discussed many issues. ADM presented 2024 figures that show the market’s stability. Gross Gaming Revenue (GGR) reached €21.6 […]
A recent MyStake advertisement published on GlobeNewswire has sparked alarm within the UK gambling industry. The ad was picked up by SBC News through a standard email newsletter subscription. But it could have also reached self-excluded UK residents and those suffering from gambling harm. The incident reignited concerns about exposing vulnerable consumers to unlicensed gambling […]
Blackstone is preparing to sell Clarion Events, the ICE iGaming conference’s London-based organiser, valued at around £2 billion. Four sources familiar with the deal claim the potential sale follows renewed investor confidence after a volatile period linked to the U.S. President Donald Trump’s recent tariffs. Though still in its early stages, the deal is being […]
Dubai-based cryptocurrency exchange Bybit has announced a move to bridge the gap between digital and traditional finance by enabling direct trading of global stocks using USDT (Tether). This marks a major milestone in Bybit’s ambition to become a one-stop platform for crypto and traditional asset trading. Bybit Expands Gold & Forex Suite with Stock Integration […]
Coinbase has revealed details of a recent insider attack involving bribed overseas support agents who leaked sensitive user data. This breach affected less than 1% of the platform’s monthly transacting users, and was aimed at enabling social engineering attacks. However, Coinbase has confirmed that no passwords, private keys, or user funds were compromised, and Coinbase […]
Flutter Finalizes $350m Acquisition of NSX Group
May 22, 2025Flutter Entertainment has completed its acquisition of a 56% stake in NSX Group, the Brazilian operator behind Betnacional. This deal is worth around $350 million in cash, representing a move into one of Latin America’s most promising markets. Furthermore, it aligns with Flutter’s strategy of securing leadership in attractive international markets. With over 200 million […]
The Supreme Court of Gibraltar has sentenced former Mansion Group CEO Karel Mañasco to 12 months in prison for contempt of court. This follows a series of violations involving court orders, financial undertakings, and sworn testimony. In the verdict delivered by Chief Justice Dudley earlier this week, Mañasco was found guilty on multiple counts of […]
On April 24, 2025, the last land-based casino in Sweden — Casino Cosmolot in Stockholm — had its final day of operation. The operator Svenska Spel, which managed land-based facilities in the country, confirmed that from this point on, Sweden’s gambling industry will continue to develop exclusively online. Earlier this month, the Swedish Parliament voted […]
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