iGaming Business News

Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.

New York Bill Targets Most Sports-Based Prediction Markets for Ban

New York State Assembly faces a legislative proposal prohibiting various prediction markets. Assembly Bill 9251 covers sports outcomes, political events, and catastrophic incidents. Assembly Bill 9251 carries the name Oversight and Regulation of Activity for Contracts Linked to Events (ORACLE) Act. This legislation aims to define, regulate and restrict speculative market operations linked to future events. […]

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PwC Study Connects Higher Gambling Taxes with Black Market Expansion

PwC completed an analysis for the Betting and Gaming Council (BGC). Tighter regulation and higher taxes across European iGaming markets coincide with slower growth, declining channelisation, and reduced tax efficiency. October’s report examined 17 European jurisdictions comparable to the UK. Tax and regulatory policies influence market behaviour, player migration, and government revenues. The UK’s gambling tax […]

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Google to Add Prediction Market Data to Search Results

Google will soon show prediction data from Polymarket and Kalshi in search results, starting with Google Labs users. This will let people see the chances of future events based on market activity. Polymarket is worth about 9 billion dollars, and Kalshi is worth about 5 billion dollars with backing from big investors. Although Polymarket has […]

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Grid Partners with Sportstensor to Power Esports Prediction Markets on Polymarket

Grid, a data company in Berlin, has joined Sportstensor to provide verified esports data for prediction markets. As Sportstensor’s official esports data oracle, Grid will supply live, accurate match data sourced directly from game servers. The deal covers major titles like Counter-Strike 2, Dota 2, League of Legends, and Valorant, using official data from Grid’s […]

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AskGamblers Brings Back $80 Million to Players After Jackbit Casino Complaint

The service has been operating since 2009. AskGamblers Casino Complaint Service has given $80 million back to players since 2009 launch. AskGamblers shares this information. March saw the service reach $70m, while July showed $74m total. AGCCS closed a $3.3m complaint case recently. A user could not withdraw winnings from Jackbit Casino. Jackbit received contact from AGCCS […]

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Kangwon Land Expands Partnership with Neowiz and Massive Gaming for Slot Game Development

Kangwon Land has signed a new deal with Neowiz to develop slot game software for its casino. The partnership started in 2021 and now includes Neowiz’s subsidiary, Massive Gaming (MVG). Together, Neowiz and MVG will create new slot games using Kangwon Land’s system and facilities. While Neowiz and MVG will handle software development, Kangwon Land […]

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OKTO Starts Direct Card Deposits in Mexico for Local Payment Needs

OKTO connects to Mexico’s domestic acquiring network for real-time card payments. Latin America sees OKTO expand with tailored offerings. Mexico receives OKTO’s direct card-in solution for Latin American expansion. Local payment rails connect iGaming operators and customers through real-time card deposits. Orchestrated Pay-ins and Payouts strategy drives this launch. Locally aligned infrastructure simplifies payment journeys. […]

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Praxis Tech Partners with Stake to Power Global Payment Systems

Praxis Tech has partnered with Stake to handle payment processing for the gaming company’s international markets. The collaboration will help Stake manage its payment operations across several continents, ensuring that transactions meet local regulations and run smoothly in each region. Through this deal, Praxis will offer Stake its payment orchestration services, which connect different local […]

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