Catena Media has announced a new round of cost cutting measures after a poor Q1 2025. The affiliate marketing company will reduce its workforce by around 25% which means more than 50 jobs will be cut across full time and contract roles. The restructuring will also flatten the management structure to speed up decision making […]

Better Collective is undergoing a restructuring after a review of the business and lower 2024 financial projections. The digital sports media company has appointed co-founder and former COO Christian Kirk Rasmussen as co-CEO alongside Jesper Søgaard. Rasmussen will focus on Better Collective’s long-term strategy as an affiliate leader. Better Collective is also reorganizing. The company […]

Norsk Tipping has stopped group betting (“andelsspill”) on Eurojackpot after they found a major error in the draw. The problem, which gave group players an unfair advantage in the Norwegian Eurojackpot extra prize, is described as “very serious” by the company. Player Discovered Group Betters Had an Advantage over Single Players The problem was discovered […]

The Coates family, the billionaires behind Bet365, are considering selling their online gambling business, which could be worth £9bn, according to the Guardian. Denise Coates runs the company. In recent weeks has been talking to Wall Street banks and US advisers about selling all or part of the business, sources close to the talks said. […]

The NBA has become the second major American sports league to formally tell the Commodity Futures Trading Commission (CFTC) about the rise of sports prediction markets. The league’s letter was posted on the CFTC’s website Thursday, following a similar submission by Major League Baseball on March 7. In her statement, NBA Vice President Alexandra Roth […]

A bill targeting online sweepstakes-style games is moving forward in New York. Assembly Bill 6745, sponsored by Assembly member Carrie Woerner, passed the state’s Assembly Racing and Wagering Committee yesterday in a public session. The bill would amend New York’s racing, parimutuel wagering and breeding laws to specifically prohibit online sweepstakes games. These are defined […]

On April 24, 2025, the last land-based casino in Sweden — Casino Cosmolot in Stockholm — had its final day of operation. The operator Svenska Spel, which managed land-based facilities in the country, confirmed that from this point on, Sweden’s gambling industry will continue to develop exclusively online. Earlier this month, the Swedish Parliament voted […]

   As a result of a cyberattack by North Korean hackers in February this year, crypto exchange Bybit lost approximately $1.46 billion worth of ETH (8% of Bybit’s total reserves).    Bybit CEO Ben Zhou wrote on social media platform X that as of today, only 3.84% of the stolen amount has been frozen. The […]

   The affiliate network Kiickr, launched by Game Lounge in January, is showing impressive growth. According to the project’s official LinkedIn account, by the end of February, Kiickr had increased its performance metrics by 200%. The team has not specified which exact metrics are being referred to, but given Game Lounge’s reputation in the gambling […]