A proposed change to Denmark’s gambling rules has drawn strong criticism from affiliates, who say it could threaten their businesses. The draft bill would ban revenue-share deals based on player losses or turnover. The ban would affect the new and existing contracts. While affiliate marketing would still be allowed, most affiliates rely on revenue and […]
Penn Entertainment sued over betting technology patents
December 18, 2025Penn Entertainment is facing a lawsuit in the US over alleged patent infringement involving its digital betting products. Single Action Bet Tech filed the case against Penn and its subsidiary, Penn Interactive Ventures, LLC, which runs Hollywood Casino. The case was filed in the US District Court for New Jersey on 12 December and asks […]
Coinbase moves closer to prediction market launch
December 18, 2025Coinbase is getting closer to launching its prediction market platform. The US-based company, the largest crypto exchange in the country, plans to offer prediction market products along with tokenised stocks issued in-house. This would expand its business beyond just crypto trading. Although Coinbase has talked about prediction markets and tokenised securities before, it has not […]
New York Gives Green Light for Three Downstate Casinos
December 17, 2025New York State finished its downstate casino licensing process after many years. Three big projects received approval to change the region’s gambling and entertainment scene. Bally’s Bronx, Metropolitan Park, and Resorts World New York City got licenses from the New York State Gaming Commission. Construction can start now, after more than ten years of political, […]
DATA.BET expands Bet Boost tools for sportsbook operators
December 17, 2025DATA.BET has launched an updated Bet Boost feature for its sportsbook, giving operators more options to run promotions while still keeping control of risk and profit margins. The new tools let operators adjust bonuses to fit different markets, events and groups of players, making it easier to work within regulated markets. The company said the […]
Nominations open for Eurasia Awards 2026 in Dubai
December 17, 2025Nominations are now officially open for the Eurasia Awards 2026, which will take place on 09 February 2026 in Dubai. The ceremony will be held at Al Baraha, InterContinental Dubai Festival City, and is part of the AIBC Eurasia Summit, one of the region’s top events for emerging technology, blockchain, artificial intelligence, and digital innovation. […]
Finland’s Parliament Votes Against Online Gambling Bill Changes
December 17, 2025The Finnish parliament rejected all opposition party amendments with an overwhelming majority this week. Major amendments to Finland’s new online gambling legislation got voted down, while minor changes remain possible. Opposition parties submitted several proposed changes to parliament last week for consideration. The Administrative Committee has already read and amended the bill during its parliamentary […]
India’s Financial Crime Agency Seized $14.1 Million in The Probo Betting Investigation
December 17, 2025India’s Enforcement Directorate froze ₹117.41 crore ($14.1 million) from online prediction platform Probo. The law enforcement agency targeted Probo Media Technologies Pvt. Ltd. and the director’s family members’ properties. Officials claim the platform ran gambling operations disguised as skill-based gaming. Properties Frozen Under the Money Laundering Law Gurugram Zonal Office executed the attachment on December […]
Aftershock: UK Tax Hike transforms Gibraltar’s iGaming Economy
December 17, 2025Gaming powerhouse prepares for layoffs, consolidation and diversification after UK gambling tax hike announcement. The UK chancellor announced a gambling tax hike in late November. Remote Gaming Duty rises from 21% to 40% by April 2026. Online betting increases from 15% to 25% by 2027. Gibraltar felt the impact immediately. The online gaming sector generates […]
Citizens: Prediction Markets’ Yearly Income Might Hit $10bn by 2030
December 17, 2025Prediction markets will transform into mainstream financial tools as institutions adopt this asset class beyond speculation. Citizens released a new report stating this conclusion. Citizens’ estimates predict market revenues approach $2bn run rate through per contract fees currently. Monthly volumes reach approximately $10bn across major platforms, including Kalshi and Polymarket. Analysts forecast this could multiply […]
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