Attorneys from Loevy + Loevy, a civil rights law firm in Chicago, filed a class-action lawsuit for five Pennsylvania plaintiffs against DraftKings. The suit, entered in the U.S. District Court for the Eastern District of Pennsylvania, accuses DraftKings’ online sportsbook of deceiving users and leading them to bet and lose significant money, violating both state […]
Leading bookmaker 1xBet has reported a remarkable 68% quarter-on-quarter increase in its active Indian player base during Q1 2025. The brand credits this surge to its vast gaming portfolio, exclusive promotions, and local payment solutions. Furthermore, the growth underscores the success of recent strategic content, marketing, and product development investments. A 1xBet representative noted, “We […]
Blackstone has launched the sale of its global trade show organizing brand, Clarion Events, valuing the business at around £2 billion ($2.5 billion). This is one of the largest private equity assets to hit the market since recent geopolitical issues stalled dealmaking worldwide. Clarion, which runs international exhibitions across various sectors, was acquired by Blackstone […]
Coinbase has revealed details of a recent insider attack involving bribed overseas support agents who leaked sensitive user data. This breach affected less than 1% of the platform’s monthly transacting users, and was aimed at enabling social engineering attacks. However, Coinbase has confirmed that no passwords, private keys, or user funds were compromised, and Coinbase […]
VGW Creates New Sweepstakes Industry Body the SGLA
May 23, 2025VGW, a sweepstakes casino market leader, announced the formation of a new trade group called the Social Gaming Leadership Alliance (SGLA) on 20 May. VGW and several other sweepstake casino operators in the US founded the lobbying group, which is led by former Republican congressman Jeff Duncan. Members of the trade association are VGW, Playstudios, […]
Davido Takes Over as Stake’s New Face: A Collaboration Defining Entertainment and Gaming’s Future
May 22, 2025Davido Is the New Face of Stake Davido partners with iGaming platform Stake Afrobeats artist Davido has signed a new global endorsement deal with Stake, a leading iGaming brand. Multiple industry sources report the contract is valued in the millions. Davido will act as a global ambassador, joining stars such as rapper Drake and UFC […]
A problem happened with several slot machines at online casino ATG. This glitch allowed Swedish players to win thousands of euros, even without putting any money into their accounts. Players quickly moved their winnings before ATG managed to close the accounts that were affected. Last week, people in Sweden talked a lot about AB Trav […]
ACMA goes after Unibet for breaches related to the National Self-Exclusion Register More than 950 user accounts that were excluded through BetStop were not blocked by Unibet The regulator called this a “very serious” failure and gave the operator an AU$1 million fine The Australian Communications and Media Authority (ACMA) put out a new statement […]
Flutter Finalizes $350m Acquisition of NSX Group
May 22, 2025Flutter Entertainment has completed its acquisition of a 56% stake in NSX Group, the Brazilian operator behind Betnacional. This deal is worth around $350 million in cash, representing a move into one of Latin America’s most promising markets. Furthermore, it aligns with Flutter’s strategy of securing leadership in attractive international markets. With over 200 million […]
The Supreme Court of Gibraltar has sentenced former Mansion Group CEO Karel Mañasco to 12 months in prison for contempt of court. This follows a series of violations involving court orders, financial undertakings, and sworn testimony. In the verdict delivered by Chief Justice Dudley earlier this week, Mañasco was found guilty on multiple counts of […]