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 […]
Highlights Norsk Tipping is in danger of a big fine after they found mistakes in the Eurojackpot and Lotto draws. Every draw since 2021 has had wrong winners and maybe even before that. Millions of players have been affected by this error in the draw process. Norsk Tipping is facing its third fine in a […]
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 […]
Bybit CEO: Only 3.84% of the total amount of crypto assets stolen in February have been frozen so far
April 27, 2025As 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 […]
Kiickr: How the new affiliate network from Game Lounge grew by 200% and what it means for the gambling market
April 27, 2025The 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 […]