Italy’s media watchdog fined Google for YouTube videos advertising gaming sites. This sparks an EU test examining platform legal immunity when user content becomes commercial promotion. YouTube faced scrutiny Thursday regarding its gambling ads hosting practices. EU legal adviser stated platform maintains protection under EU law through a neutral, hands-off content role. Advocate General Maciej Szpunar delivered […]
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GR8 Tech has expanded its virtual sports lineup with a new virtual basketball game on its ULTIM8 Sportsbook platform. This follows earlier launches like virtual horse racing and virtual cricket roulette, which mixes casino-style features with cricket. These releases are part of the company’s ongoing investment in virtual sports. The company says the goal is […]
Massachusetts Sets New Sports Betting Handle Record in October
December 1, 2025Massachusetts residents wagered 19.3% more on sports compared to October 2024. October brought $892.2 million in total sports betting handle to Massachusetts. Several US states, including the Bay State, achieved record betting figures last month. The new record surpasses September’s $800.3 million mark by 11.5%. Players bet $748.1 million during October 2024 based on Massachusetts Gaming Commission […]
Robinhood and Susquehanna Form Joint Venture for New Exchange
December 1, 2025Robinhood and Susquehanna International Group are joining forces to create their own futures and derivatives exchange, along with a clearinghouse. They plan to build the new business after buying a 90 percent stake in LedgerX, a licensed and CFTC regulated platform that was once owned by Miami International Holdings. The price of the deal was […]
Evoke Considers Selling Italian Business After UK Tax Change
December 1, 2025Evoke is considering selling its online gambling business in Italy as the UK prepares to introduce a big tax increase on betting companies. Sky News reports that the company has brought in Morgan Stanley to explore possible options. Sources say this is only a backup plan to support Evoke’s finances if the new tax puts […]
Lottery Operator in UAE Creates Online Gambling Brands
November 28, 2025The UAE Lottery company built TrueWin and Dream Island. AGBI checked the records about these platforms. Each website has casino games and sports betting. Live dealer games, poker, roulette and slots exist on the casino side. Football, tennis, cricket and basketball bets happen on the sportsbook. More sports are available. These sites belong to Momentum. […]
Australia’s Victoria Applies Gambling Fines Near the Christmas Season
November 28, 2025The gambling regulator in Victoria urged venue operators to verify trading hour compliance. Clubs and hotels risk receiving fines or censure for regulatory breaches. Victorian Gambling and Casino Control Commission (VGCCC) CEO Suzy Neilan leads enforcement efforts. Early compliance becomes essential during extremely busy festive trading periods. The VGCCC implemented disciplinary measures against venues throughout […]
CFTC Affirms Legitimacy of Prediction Markets
November 28, 2025Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that prediction markets operating through designated contract markets, or DCMs, are following the law. Her comments come as some states try to ban or limit these markets. This is the CFTC’s clearest statement so far that prediction markets can operate under current federal rules. […]
Q3 2025: Sports Betting Margins Reduce Allwyn Profits
November 28, 2025Allwyn International achieved higher revenue, but earnings dropped during the third quarter of 2025. Lottery and digital segments grew while sports betting margins weakened and corporate costs increased. Net revenue for the group climbed 5% year-on-year, reaching €1.02bn. Gross gaming revenue increased 5% to €2.12bn during the same period. Adjusted EBITDA decreased 8% to €374m, which […]
U.S. prediction market platform Kalshi reportedly achieved an $11 billion valuation after completing a $1 billion funding round. TechCrunch first reported this information through a source familiar with the transaction. This valuation increase represents the prediction market sector’s fastest growth this year. Weeks earlier, the company secured $300 million at a $5 billion valuation in […]
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