iGaming Business News

The Los Angeles City Attorney’s Office has filed an unprecedented civil enforcement lawsuit against Stake.us, Kick, its co-founders Ed Craven and Bijan Tehrani, and 21 additional defendants. The case was filed in California Superior Court and became the first civil enforcement action against an online sweepstakes casino operator in the United States.  City Attorney Hydee […]

The Netherlands is reinforcing its national approach to gambling harm prevention through a new five-year programme led by the Dutch Gaming Authority and ZonMw. With a joint investment of €21 million, the initiative aims to reduce gambling-related harm by supporting independent research and practical interventions between 2025 and 2030. The renewed programme, funded through the […]

Investment group KKCG has sold a 4.27% stake in its pan-European lottery operator, Allwyn International AG, to listed fund J&T Arch Investments. The transaction, which was structured through KKCG subsidiary Allwyn AG, values Allwyn at €11.2 billion as of December 31, 2024, and generates €500 million in proceeds for KKCG. The proceeds include both consideration […]

The Clearing Company, made by people from the prediction market platform Polymarket, finished a $15 million seed round led by Union Square Ventures, according to their announcement from Wednesday. Other money supporters in the round were Haun Ventures, Variant, Coinbase Ventures, Compound, Rubik, Earl Grey, Cursor Capital, Asylum and angel investors. Toni Gemayel, who co-founded […]

Nigerian sportsbook Bet9ja has officially entered into a multi-year sponsorship agreement with Balmoral Group Promotions. This is a major step in the operator’s expansion into professional boxing. The deal will elevate Nigerian boxing domestically and internationally, showcasing homegrown talent while attracting top international fighters. Prospect Moses Itauma announced earlier in August that this partnership follows […]

Supplier Relax Gaming has announced a new partnership with online operator Lottomart. The collaboration adds momentum to Relax Gaming’s global expansion efforts while enhancing Lottomart’s game portfolio. As part of the agreement, players can expect to access popular titles such as Money Train 4, Temple Tumble Megaways and Beast Mode. The rollout is scheduled to […]

This deal puts Pragmatic Play’s slots, live casino, and virtual sports on TQJ’s Bet do Milhão platform. Details Pragmatic Play agreed with TQJ to offer slots, live casino, and virtual sports for Bet do Milhão. The purpose is to make Pragmatic Play grow more in Brazil. Gamers now get Gates of Olympus 1000, Sweet Bonanza […]

The prediction markets platform Polymarket said 1789 Capital invested and Donald Trump Jr joined the advisory team. Polymarket shared no details about 1789 Capital’s deal size, but someone close to this said it is tens of millions. Prediction markets are now more widely used, with regular traders and big investors viewing them as different ways […]

DraftKings has unveiled a new campaign encouraging responsible play as the NFL season gets underway. The initiative was launched in recognition of Responsible Gaming Education Month and will run for one month. It includes a sweepstakes competition designed to reward customers who engage with the operator’s responsible gaming tools. Prizes on offer include NFL game […]

Unlicensed gambling sites held 71% of the online betting and casino market in Europe last year, capturing €80.65 billion. The regulated sector grew by 30% and earned €33.64 billion, but unlicensed platforms increased faster. Many governments acted to make gambling safer, yet these actions helped illegal operators attract people with offers such as tax-free bonuses. […]