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 did not follow discovery rules. The live casino company said the private intelligence firm failed to comply with the court’s discovery order completely. Black Cube created reports claiming Evolution operates in banned areas. […]

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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 about how gambling harm funding is handled in the UK. The board decides how money from the new statutory gambling levy is shared between research, prevention and treatment services. Fenton is a senior […]

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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. This allows TrueLabel clients to access a modern and scalable sportsbook built to meet the needs of both new and established operators. With this integration, operators on TrueLabel can add a complete sports […]

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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 regulated by the US Commodity Futures Trading Commission, meaning it follows federal rules rather than state gambling laws. The platform is available on mobile and web. At launch, it offers contracts tied to […]

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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 but legally unclear. DraftKings released its separate DraftKings Predictions app in 38 states on 19 December. This launch greatly increases the company’s possible reach. It adds access to about 30% of the US […]

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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 markets and national security. Congressman Abe Hamadeh of Arizona wrote to Caroline Pham, the acting chair of the Commodity Futures Trading Commission CFTC, asking for urgent review of the deal. In his letter, […]

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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 penalty of the value of up to NOK1m (€83,924), after being subject to a supervisory audit by the Norwegian Gambling Authority (Lottstift). The regulator found that the state-owned gambling operator did not comply […]

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