The fate of prediction platforms at risk: how the fight against gambling in the US could change the future of financial technologies

   The U.S. gambling and financial market is facing new tensions due to prediction platforms like Kalshi, Robinhood, and Crypto.com. These companies, initially seen as innovative alternatives to traditional betting, are now facing legal challenges. Several states, including Nevada and New Jersey, claim these platforms are operating illegal gambling schemes and demand they stop in […]

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Sweepstakes brands are massively leaving the New York market amid tightening regulations

Sweepstakes casinos represent a unique phenomenon in the world of gambling, emerging at the intersection of technology, marketing, and legislation. Their rise was a response to the strict regulations imposed on traditional casinos in various jurisdictions. By leveraging innovative mechanics, these platforms provided users with a way to enjoy gambling entertainment without formally violating the […]

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Bet365 stops operations in the Chinese market

One of the world’s largest betting operators, Bet365, has officially ceased its operations in the Chinese market. This move has surprised many, as the operator’s presence in China had long remained under the radar. Now, the company has announced its withdrawal, redirecting its efforts toward more promising markets such as the United States. Bet365’s History […]

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BetMGM Officially Launching in Sweden

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The brand will operate on the platform of LeoVegas Group, offering players a range of gaming options including classic online casino, sports betting, and live casino. BetMGM is a joint venture between Entain Group and MGM Resorts, with MGM Resorts acquiring LeoVegas Group in 2022. While initially focused on the US market, BetMGM has been […]

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XLMedia Bids Farewell: Sells Remaining Assets to Sportradar for $30 Million

XLMedia struck a tentative deal to sell its remaining assets, which were previously part of their Sportradar subsidiary, for $30 million. The agreement hinges on shareholder approval at a meeting scheduled for November 7th. Here’s the breakdown: Upfront payment: XLMedia pockets $20 million right away. Performance bonus: An additional $10 million could be awarded by […]

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Largest M&A Deals with Affiliates in the Last 2 Years

Here’s a breakdown of some of the biggest affiliate industry mergers and acquisitions (M&A) deals that have happened in the past two years (as of October 2024). 2022: January: SharpLink Gaming acquires FourCubed LLC for $8.2 million. April: Better Collective buys Futbin.com for €105 million. September: SharpLink Gaming buys SportsHub (deal value undisclosed). October: Acroud […]

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SiGMA Europe Awards 2024 Shortlist (B2B)

The SiGMA Europe Awards 2024 ceremony is happening on November 11th in Malta, during the SiGMA Europe 2024 conference. You can cast your vote for your favorite nominees on the SiGMA website. Voting is open until October 28th. Check out the B2B nominees below. BEST GAME STUDIO 2024 Stakelogic Wazdan Booming Games BGaming Yggdrasil Gaming […]

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GiG Predicts Strong Growth for US Sweepstakes Market

GiG, a leading iGaming technology and media company, forecasts significant growth in the US sweepstakes market. According to their analysis, the market is expected to reach a value of $6.9 billion by 2025. GiG has bolstered its B2B product offering with the recent launch of SweepX. This innovative platform empowers entrepreneurs to establish their own […]

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SOFTSWISS Launches Bug Bounty Program

SOFTSWISS, a leading provider of software solutions for the iGaming industry, has announced the launch of a bug bounty program. This initiative aims to strengthen the security of its casino and sports betting platforms by encouraging external security researchers to identify and report vulnerabilities. How it works: Rewards: SOFTSWISS is offering rewards of up to […]

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