DraftKings is discussing the acquisition of Railbird, a prediction market with federal regulation, as mentioned by Front Office Sports. Completing this deal could represent a step for sportsbooks wanting partnerships with legal event-based exchanges before football season. Railbird started in 2021, built by ex-Point72 analysts Miles Saffran and Edward Tian, and works out of New […]
Evolution showed mid-year progress in its Q2 Interim Report. Main Details: Net revenue went up by 3.1% compared to last year at the same time. Profits dropped 7.7% in Q2 from the previous year’s quarter. The company stays positive and still expects a yearly EBITDA margin from 66% to 68%. The company’s products now cover […]
PokerStars.com plans to stop losing liquidity on its .com poker platform by allowing players from regulated areas to join again through several ways. The company wants to use the Pragmatic Solutions platform, which lets them support “smaller local licenses,” including in the Dutch market. At a recent town hall attended by many PokerStars staff, Mike […]
Slot provider moves into the MENA market by signing a local operator agreement. Key Points: Yggdrasil has signed a content deal with BetArabia, which is Lebanon’s sole licensed online casino. The contract covers both Yggdrasil’s own games and YGG Masters partner content. Lebanon’s Ministry of Finance gave BetArabia exclusive rights in 2022. Yggdrasil took a […]
Maverick Gaming, based in Washington State, filed for Chapter 11 Bankruptcy Protection in the US Bankruptcy Court for the Southern District of Texas on Monday. Publicly posted court documents revealed Maverick listed both its total liabilities and assets within the $100 million to $500 million range. This operator owns 17 card rooms in Washington State […]
Codere Online climbed from 85th to 77th in the ranking of Spain’s most valuable brands as reported by Brand Finance. The gaming operator remains the sole brand from the gaming industry in Spain’s Top 100 and has held this place since 2010, alongside companies such as Zara and Movistar. Expansion in Spain and Mexico over […]
Better Collective CEO Marc Pedersen Steps Down
July 18, 2025Marc Pedersen finished almost 18 years at Better Collective and left his job as CEO, closing a chapter for this world sports betting and media group. Using his LinkedIn, Pedersen looked back and talked about how the company went from a small apartment to running international operations across sports, gambling, and eSports. He described, “I […]
The UAE Lottery, launched in November 2024 as the region’s first federally licensed platform, is attracting local and international attention. Operated by The Game LLC and regulated by the General Commercial Gaming Regulatory Authority, it combines engaging formats with responsible gameplay, drawing over 500,000 registered users in under a year. According to Bishop Woosley, Director […]
The 3F Superliga, Denmark’s elite football league, has announced Betano as its new official betting partner ahead of the 2025/26 season. This international brand operated by Kaizen Gaming breaks into the Danish football scene after establishing partnerships with several local clubs. The collaboration is a significant step for the betting brand and the league in […]
CMA Opens Inquiry Into Sportradar’s Deal With IMG Arena
July 16, 2025The United Kingdom’s Competition and Markets Authority has launched an initial inquiry into Sportradar’s proposed acquisition of IMG Arena US Parent, LLC. This follows Sportradar’s FY24 announcement, including plans to acquire the company’s full sports portfolio. Currently, the CMA is inviting comments from industry players, partners, and other stakeholders on how the deal could harm […]