Ecuabet faces accusations of using an expired foreign license while maintaining connections to foundations. These organisations show unusual income increases, according to the complaint. November 13, 2025, marked the date when the Board of Charity filed their complaint against Ecuabet. The sports betting company in Ecuador faces charges of casino operations and gambling offerings. Tax evasion […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
UFC and Zuffa Boxing Partner with Polymarket
November 19, 2025KO Group Holdings, Inc., known as TKO, and Polymarket, the world’s largest prediction market, have announced a new multi-year partnership. Under the agreement, Polymarket will become the Official and Exclusive Prediction Market Partner of UFC and Zuffa Boxing. This collaboration is the first of its kind. It will allow prediction market technology to be integrated […]
The government in India closed real-money online gaming during August without authorising enforcement yet. The Indian government commanded immediate closure three months ago for the country’s real-money online gambling sector. The act forbids any app or online platform offering money-based gaming services. No distinction exists between chance games and skill-requiring games like fantasy sports. Esports, educational […]
GambleAware Research Reveals Millions Want to Cut Down or Stop Gambling
November 19, 2025GambleAware published findings showing over 5 million adults in Great Britain want to reduce or quit gambling. Most people seeking change don’t meet problem gambling criteria. The 2024 Treatment and Support Survey provides these figures. YouGov conducted research and presented results earlier this year. The public shows a growing willingness to use gambling risk reduction tools. GambleAware […]
Philippines Targets Social Media Influencers Promoting Illegal Gambling
November 19, 2025The Philippines’ Cybercrime Investigation and Coordinating Center, or CICC, has identified 30 social media influencers suspected of promoting illegal online gambling. The agency has endorsed the list to the Philippine National Police Anti-Cybercrime Group, or PNP-ACG, so that legal action can be taken against these individuals. CICC Chief Undersecretary Renato Aboy Paraiso spoke at a […]
PrizePicks Teams Up with Kalshi to Bring Prediction Markets
November 19, 2025PrizePicks started prediction markets using the Kalshi partnership. Event-based contracts now work inside the PrizePicks app. This expansion changes PrizePicks’ operations significantly. A regulated framework lets customers predict sports, entertainment, and cultural events. Both companies signed a multi-year partnership agreement. Legal prediction market access expands through a combined offering. PrizePicks partnered with Polymarket last week, too. The company […]
The Massachusetts gambling regulator informed all betting licensees about the prohibition of prediction market sports contracts. FanDuel and DraftKings received this warning shot. The Massachusetts Gaming Commission sent a letter to sports betting licensees on 13 November yesterday. Some licensees partnered with entities in the prediction market space to offer sports contracts. FanDuel and DraftKings lead […]
UK Report Shows Nearly Half of Young People Gambled in the Past Year
November 18, 2025The UK Gambling Commission has released the Young People and Gambling Report 2025. It reveals how children and teenagers between the ages of 11 and 17 interact with gambling. The study was carried out in schools across England, Scotland and Wales. A total of 3,666 pupils completed an online survey during class, giving researchers a […]
Mexico Temporarily Closes 13 Casinos Over Money Laundering
November 18, 2025The Mexican government temporarily closed 13 casinos on Wednesday, 12 November, after an investigation found suspicious financial activity linked to money laundering. Officials said the closures are part of a larger investigation into irregular operations at land-based and online casinos. Officials explained that the investigation was carried out with support from the US Department of […]
Norwegian Regulator Validates NOK25m Penalty Against Norsk Tipping
November 18, 2025Norsk Tipping must pay NOK25m (€2.1m) because regulators found a technical failure in the 19 April Super Draw. The failure created 52 incorrect winners. September warnings from the Norwegian Lottery Authority preceded this confirmation. A system error deleted bets from cooperative banks during the Christmas and New Year periods. Norsk Tipping’s player database lost these wagers […]
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