The UK Gambling Commission has stepped up its defence of planned Financial Risk Assessments, as debate over affordability checks continues to split regulators, operators and consumer groups. Speaking at the Ethical Gambling Forum, Tim Miller, Executive Director of Research and Policy, positioned the proposal as a replacement for inconsistent practices already in use across the […]
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French authorities have launched an investigation after a bettor won $34,000 on a weather-based wager, raising concerns about possible manipulation of temperature data at Charles de Gaulle Airport. The case centres around activity on Polymarket, where users placed high-value bets tied to recorded daily temperatures. Since early April, unusual spikes in evening readings at the […]
The Commodity Futures Trading Commission has filed a lawsuit against Wisconsin, escalating the legal conflict between federal regulators and state authorities over prediction markets. The case focuses on platforms including Kalshi, Polymarket, Robinhood, Crypto.com and Coinbase, which offer contracts about real-world outcomes such as elections and economic events. Wisconsin action prompts federal response Wisconsin initiated […]
Hacksaw CEO Removed After Strong Results
May 4, 2026Key Points Hacksaw removed the CEO after just over one year, citing a strategic shift despite strong financial results. Board member and M&A lawyer Ana Vrabic Verdir became interim CEO while the search for a new leader continues. The company states its strategy, operations, and growth path remain the same after the Nasdaq Stockholm listing. […]
Raketech Revenue Fall Shows Hidden Shift
May 4, 2026Key Points Raketech Q1 2026 revenue dropped 36% year on year to €5.3m due to divestments, closure of low margin parts, and focus on higher value revenue streams. Even with a revenue drop, EBITDA increased 15% to about €1.2m, while margins improved through cost cuts and restructuring moves. The firm now pushes Nordic focus, platform […]
Prediction Markets Move Betting Sector Quickly
May 4, 2026Key Points DATA.BET launched Prediction Markets as a fourth betting vertical, allowing wagers on global events across politics, finance, technology, crypto, economy, culture, geopolitics, and weather. The product cuts old complexity by using fiat payments, sportsbook logic, and simple design, while adding VWAP pricing, slippage-based limits, and multi-outcome markets. With iFrame and API access, the […]
Most Traders Lose, So Who Is Taking the Gains?
May 1, 2026Key Points Most users on Polymarket faced losses, and over 100,000 accounts dropped more than $1,000, while retail traders together lost $131 million. A very small group, near the top 1% and mostly bots, secured most profits through speed in execution instead of prediction skill. Retail users often predicted outcomes correctly, yet they still lost […]
DoubleU Step May Shift Direction
May 1, 2026Key Points DoubleU Games placed an offer at $11.25 per ADS, placing the remaining value at millions, showing an over 22% rise and equal to DoubleDown’s 52-week peak. The step aims to combine operations, connect product and tech teams, and control capital under one balance sheet. The deal needs 95% shareholder support and independent approval, […]
Key Points A server breach aimed at Amatic Industries pushed several slot games into failure, lifting win rates and letting players gain payouts that do not match normal play. The fault ran from 6 pm to 11:30 pm CEST on April 17, bringing confusion on offshore sites such as Vodka.Bet and Vavada, where some users […]
Hacksaw Gaming CEO has revealed the business’ intentions to invest in early-stage companies. The company reported strong financial results for the first quarter of 2026, with revenue rising 28.1% year-on-year to €57.6m. Its adjusted operating profit reached €47.4m at an 82% margin, representing a 27.3% increase from the prior year. For the quarter, overall profit […]
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