iGaming News & Gambling Industry Updates

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 […]

The small island of Anjouan made a statement in the global iGaming space with its announcement of 825 active gaming licenses and 2,017 live gaming websites. Once a lesser-known jurisdiction, Anjouan is now on the global iGaming map, following strategic regulatory reforms and strong support from partners like Fast Offshore. This achievement highlights Anjouan’s transformation […]

Blackstone is preparing to sell Clarion Events, the ICE iGaming conference’s London-based organiser, valued at around £2 billion. Four sources familiar with the deal claim the potential sale follows renewed investor confidence after a volatile period linked to the U.S. President Donald Trump’s recent tariffs. Though still in its early stages, the deal is being […]

Dubai-based cryptocurrency exchange Bybit has announced a move to bridge the gap between digital and traditional finance by enabling direct trading of global stocks using USDT (Tether). This marks a major milestone in Bybit’s ambition to become a one-stop platform for crypto and traditional asset trading. Bybit Expands Gold & Forex Suite with Stock Integration […]

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 […]

Because it’s not just about bringing in new users, but about keeping them engaged and making betting a routine activity. Sports betting in South Africa has become mainstream. Data shows it’s no longer just about punting. The story now is about influence, reach, and targeted marketing. For the 12 months ending March 2025, gambling and […]

VGW, 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, […]

An association of some of the nation’s top firms estimates that Japanese residents spend $44.2 billion on overseas-based illegal sports betting sites annually. Per a report from Nikkei, the claim comes from the Council for Sports Ecosystem Promotion. The council comprises 115 of Japan’s biggest companies, including NTT Docomo, Mitsubishi UFJ Bank, ASICS, Mizuho Bank, […]