Playtech has reached an initial agreement with Pferdewetten, a German betting group, for the potential takeover of its Happybet subsidiary in Germany. While in its early stages, the deal is a significant move in Playtech’s strategy to exit the business-to-consumer (B2C) market and concentrate solely on business-to-business (B2B) operations. Negotiations and Potential Outcomes The agreement […]

eFishery, one of Asia’s most promising agritech startups, has become a cautionary tale of ambition turned deception. The Indonesian startup, founded by Gibran Huzaifah, began with a noble mission, revolutionizing aquaculture through automated fish feeders. The company grew from humble beginnings to a $1.4 billion valuation, attracting heavyweight investors such as SoftBank, Temasek, and Sequoia […]

Due to a delay in filing its 2024 Form 20-F, Codere Online Luxembourg is currently at risk of being delisted from the Nasdaq Stock Market. On May 16, 2025, the company received a formal notification from Nasdaq’s Listing Qualifications Department citing non-compliance with continued listing requirements.  The prolonged audit procedure following the appointment of a […]

Italy’s gambling sector keeps growing and increasing its tax contribution. The Customs and Monopolies Agency (ADM) shared a new update on gambling performance and regulations at a Rome summit held on 21 May. State agencies attended and discussed many issues. ADM presented 2024 figures that show the market’s stability. Gross Gaming Revenue (GGR) reached €21.6 […]

Europebet was one of the leading gaming operators in Georgia for almost ten years. Betsson Group acquired Europebet in 2015. Now, the operator changed its name to Betsson Georgia. This change starts a new strategy for the company. A New Identity for a Familiar Brand Betsson Georgia now matches the parent company’s global brand. The […]

A recent MyStake advertisement published on GlobeNewswire has sparked alarm within the UK gambling industry. The ad was picked up by SBC News through a standard email newsletter subscription. But it could have also reached self-excluded UK residents and those suffering from gambling harm. The incident reignited concerns about exposing vulnerable consumers to unlicensed gambling […]

The German Football Association has announced a major new partnership, naming Tipico as the official main partner of 3. Liga beginning with the 2025/26 season. The multi-year deal will run through the 2027/28 campaign, further solidifying Tipico’s position in German professional football. The top sports betting provider will receive exclusive central advertising rights within the […]

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 […]