iGaming News & Gambling Industry Updates

Key Points Better Collective expands into prediction markets using content hubs, videos, and learning material across media brands. The sector grows fast, with trading volumes rising and forecasts pointing to $1 trillion by 2030. Despite scrutiny and debate, the company uses audience demand and partnerships to enter the market. Better Collective now increases its move […]

Evolution has confirmed it will suspend dividends for the 2025 financial year as it reassesses how capital is deployed ahead of 2026. The decision is a clear shift from its established approach to shareholder returns. The company has traditionally committed to distributing at least 50% of annual net profit. In its latest statement, the Board […]

Key Points Jackpot Drop issue credited players with large sums, and some users withdrew funds before their accounts were locked. William Hill now asks customers to return funds within three days and offers 11% as goodwill. The situation may lead to disputes and financial pressure during the review and possible sale. A fault in Jackpot […]

Key Points MLB signed a data-sharing agreement with the CFTC to monitor prediction market activity. Polymarket becomes MLB’s exclusive partner with rights to use league data and identity. The agreements emerge during legal disputes over prediction market classification. Major League Baseball completed two agreements within the expanding prediction market sector, creating a shift that signals […]

23 Broadway has secured $3m in seed funding to push its next phase of growth and launch a user acquisition financing platform powered by AI. The round was co-led by Betty and Will Ventures, with additional backing from 359 Capital, CEAS Investments, and Dave Bartman. The company aims to combine non-dilutive funding for customer acquisition […]

Polymarket has agreed to acquire Brahma, a DeFi company, in a move to upgrade its infrastructure. This deal was first reported by Fortune and later confirmed through the official channels of both companies.  Launched in 2021 by Akanshu Jain, Alessandro Tenconi, and Bapi Reddy K., Brahma focuses on decentralised finance infrastructure built around “custodial-free” systems. […]

Key Points  Arizona filed 20 misdemeanour charges against Kalshi, making this the first criminal action any state has taken against the prediction market platform. Prosecutors claim Kalshi accepted bets without a licence on sports and elections, including major political races and outcomes in Arizona. The case shows a bigger fight happening across the country between […]

Gemeinsame Glücksspielbehörde der Länder has released new data suggesting that most online gambling activity in Germany now flows through licensed operators. The study places the channelisation rate at 77.03%, leaving the unregulated market with a 22.97% share. The research was commissioned by the regulator and conducted by Blockchain Research Lab. It estimates that illegal online […]

Key Points The Aussie authorities are cracking down even harder on online gambling sites that break the Interactive Gambling Act 2001 and this time they’re going after even more of them. Major offshore operators who think they can get away with luring Aussies to their unlicensed platforms have already seen hundreds of their sites shut […]

Key Points Polymarket plans to open “The Situation Room” bar in Washington, D.C. this week, with Friday marking the official launch date. Live feeds from X, flight tracking systems, financial data terminals and Polymarket markets will fill screens throughout the venue. This concept takes sportsbook bar ideas but shifts focus to global events, though long-term […]