Robinhood and Susquehanna International Group are joining forces to create their own futures and derivatives exchange, along with a clearinghouse. They plan to build the new business after buying a 90 percent stake in LedgerX, a licensed and CFTC regulated platform that was once owned by Miami International Holdings. The price of the deal was […]
Evoke Considers Selling Italian Business After UK Tax Change
December 1, 2025Evoke is considering selling its online gambling business in Italy as the UK prepares to introduce a big tax increase on betting companies. Sky News reports that the company has brought in Morgan Stanley to explore possible options. Sources say this is only a backup plan to support Evoke’s finances if the new tax puts […]
Brazil Betting Tax Income Falls 9.4% in October
November 28, 2025Brazil’s regulated betting market produced almost BRL8 billion after launching on 1 January. Tax revenue from Brazil’s regulated betting market totalled BRL1.09 billion ($202.7 million) in October. September’s total exceeded this figure. The Federal Revenue Service released monthly tax data on Monday. The BRL1.09 billion marked a 9.4% decline from September’s BRL1.21 billion. Total market […]
Lottery Operator in UAE Creates Online Gambling Brands
November 28, 2025The UAE Lottery company built TrueWin and Dream Island. AGBI checked the records about these platforms. Each website has casino games and sports betting. Live dealer games, poker, roulette and slots exist on the casino side. Football, tennis, cricket and basketball bets happen on the sportsbook. More sports are available. These sites belong to Momentum. […]
Australia’s Victoria Applies Gambling Fines Near the Christmas Season
November 28, 2025The gambling regulator in Victoria urged venue operators to verify trading hour compliance. Clubs and hotels risk receiving fines or censure for regulatory breaches. Victorian Gambling and Casino Control Commission (VGCCC) CEO Suzy Neilan leads enforcement efforts. Early compliance becomes essential during extremely busy festive trading periods. The VGCCC implemented disciplinary measures against venues throughout […]
CFTC Affirms Legitimacy of Prediction Markets
November 28, 2025Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that prediction markets operating through designated contract markets, or DCMs, are following the law. Her comments come as some states try to ban or limit these markets. This is the CFTC’s clearest statement so far that prediction markets can operate under current federal rules. […]
Q3 2025: Sports Betting Margins Reduce Allwyn Profits
November 28, 2025Allwyn International achieved higher revenue, but earnings dropped during the third quarter of 2025. Lottery and digital segments grew while sports betting margins weakened and corporate costs increased. Net revenue for the group climbed 5% year-on-year, reaching €1.02bn. Gross gaming revenue increased 5% to €2.12bn during the same period. Adjusted EBITDA decreased 8% to €374m, which […]
U.S. prediction market platform Kalshi reportedly achieved an $11 billion valuation after completing a $1 billion funding round. TechCrunch first reported this information through a source familiar with the transaction. This valuation increase represents the prediction market sector’s fastest growth this year. Weeks earlier, the company secured $300 million at a $5 billion valuation in […]
Agreegain Partners With 3 Oaks Gaming
November 28, 2025Agreegain has formed a new partnership with 3 Oaks Gaming, giving its operator network access to more slot games. Operators can now add titles like Lucky Penny, Super Hot Teapots and Sun of Egypt 5. This gives players more choices and helps operators update their game lists easily. The deal also makes game integration simpler […]
Lithuanian Authorities Move to Curb Illegal Online Gambling
November 27, 2025Senior Lithuanian government bodies met on 20 November at the Government Chancellery to address the rise in illegal online gambling and fake websites. The meeting was part of a programme launched by the Prime Minister to help agencies act faster against digital financial crimes. Officials said that fake websites are increasing quickly and are becoming […]
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