Robinhood and Susquehanna Form Joint Venture for New Exchange

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 […]

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Brazil Betting Tax Income Falls 9.4% in October

Brazil’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 […]

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Lottery Operator in UAE Creates Online Gambling Brands

The 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. […]

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Australia’s Victoria Applies Gambling Fines Near the Christmas Season

The 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 […]

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CFTC Affirms Legitimacy of Prediction Markets

Caroline 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. […]

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Q3 2025: Sports Betting Margins Reduce Allwyn Profits

Allwyn 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 […]

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Prediction Market Kalshi’s Valuation Reaches $11B Following Reported $1B Raise

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 […]

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Agreegain Partners With 3 Oaks Gaming

Agreegain 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 […]

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