iGaming Business News
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LeoVegas Paid Out a Fine of 500K Euros to the Dutch Regulator for Player Protection Issues
LeoVegas received a €500K penalty from the Netherlands Gambling Authority (KSA). The company failed to protect players for eight months last year.…
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Coinbase to Acquire the Clearing Company Amid Prediction Markets Expansion
Coinbase just struck a deal to acquire The Clearing Company, a startup known for its focus on event-based trading. This comes right…
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Argentina Authorities Freeze €4.1m Linked to Illegal Gambling
Argentina authorities have frozen assets worth ARS$7 billion, about €4.1 million, linked to an alleged illegal online gambling operation. The money belongs…
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Curaçao Gaming Authority Extends Provisional Licence Reviews
The Curaçao Gaming Authority (CGA) has said that some gambling operators nearing the end of their second provisional licence period will be…
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Kalshi Launches Research Division to Study Prediction Markets
Kalshi, a US-based prediction market company, has launched a new research unit called Kalshi Research. The company says the unit will support…
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Lithuania hits casino operator JSC Tete-a-tete with €341k fine
Lithuania’s Gambling Supervision Authority, or GSA, has fined casino operator JSC Tete-a-tete €341,049 for breaking anti money laundering rules, also called AML.…
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Rank Group’s Spanish businesses victim of €7.1m payment fraud
Rank Group has said that its Spanish casino and online gaming businesses lost €7.1 million to payment fraud. The company, led by…
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Easygo posts A$257m profit amid Stake and Kick growth
Easygo has reported a profit of A$257 million, driven by strong growth in its gambling and live streaming businesses. The company earned…
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Evolution Fails Sanctions Request in Black Cube Matter
Evolution lost its request to make a New Jersey judge order sanctions on investigative firm Black Cube. The company claimed Black Cube…
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UK Gambling Harms Levy Board Appointment Sparks Fresh Debate
The appointment of Kevin Fenton to the Department for Culture, Media and Sport DCMS Gambling Levy Programme Board has sparked fresh debate…
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TrueLabel Expands Platform With SOFTSWISS Sportsbook
TrueLabel has announced that it is integrating the SOFTSWISS Sportsbook into its platform, boosting its offerings for iGaming operators in different markets.…
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DraftKings Enters Prediction Markets Space
DraftKings has officially launched its prediction markets product, marking its entry into a fast-growing area of digital trading. The new product is…
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Sports Betting Alliance Alerts Chicago Licensing Plan Threatens Market Chaos
Sports Betting Alliance (SBA) warned Chicago officials about the proposed online sports betting market plan. This plan could disrupt legal operations. Revenue…
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Experts Share Views as DraftKings Starts Prediction Markets
Truist Securities experts shared careful but positive thoughts on DraftKings' new prediction markets platform launch. They called this move important for strategy…
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US Congressman Raises Alarm Over CNN and Kalshi Partnership
A US lawmaker has raised serious concerns about a partnership between CNN and the prediction market platform Kalshi, saying it could threaten…
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More Than Half of Players in the Netherlands Favour Means-Based Financial Caps
Gambling participation, regulation of mandatory limits, advertising and research in the industry were all reported. Arno Rutte, the new Secretary of State…
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Norsk Tipping Could Get a NOK1m Fine Due to AML Failings
Norsk Tipping has been established to fix various failure points in complying with regulations and has been informed of the possible administrative…
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Record Sports Betting Pushes Pennsylvania Gambling Revenue Higher
Gambling revenue in Pennsylvania reached a new record in November, hitting 623.1 million dollars. Much of the growth came from sports betting,…
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Irish Lottery Regulator Accused of Downplaying Gambling Harm
Ireland’s Regulator of the National Lottery is under criticism after a new academic study said it does not properly recognise the risks…
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Coinbase Has Been Struck Three Times with Lawsuits Against Prediction Markets
Coinbase is also suing Michigan, Illinois, and Connecticut over being attacked by those states to establish regulatory jurisdiction in prediction markets as…
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