iGaming News & Gambling Industry Updates

Investment group KKCG has sold a 4.27% stake in its pan-European lottery operator, Allwyn International AG, to listed fund J&T Arch Investments. The transaction, which was structured through KKCG subsidiary Allwyn AG, values Allwyn at €11.2 billion as of December 31, 2024, and generates €500 million in proceeds for KKCG. The proceeds include both consideration […]

The Clearing Company, made by people from the prediction market platform Polymarket, finished a $15 million seed round led by Union Square Ventures, according to their announcement from Wednesday. Other money supporters in the round were Haun Ventures, Variant, Coinbase Ventures, Compound, Rubik, Earl Grey, Cursor Capital, Asylum and angel investors. Toni Gemayel, who co-founded […]

The EOD Code got caught by regulators for allowing people in the country to gamble, and the probe ran between November 2024 and March 2025. The KSA supervisor could sign up at Instant Casino by sharing Netherlands details like a phone number with a Dutch code, an action that must be blocked. After making the […]

Their report from Thursday shows an 8.5% climb from last year’s $27.5bn, showing that regulated betting keeps spreading in the country. This prediction tracks bets placed at regular sportsbooks in 38 states and the District of Columbia, places where sports betting is allowed. Bill Miller, AGA President and CEO, explained that legal, regulated sports betting […]

Australian Prime Minister Anthony Albanese has acknowledged increased calls for a ban on gambling advertising. But he has stopped its endorsement, warning that this could drive players toward offshore platforms. Responding to questions on the government’s support of a ban, Albanese stated that policy must be guided by careful consideration. Instead, he highlighted initiatives to […]

Nigerian sportsbook Bet9ja has officially entered into a multi-year sponsorship agreement with Balmoral Group Promotions. This is a major step in the operator’s expansion into professional boxing. The deal will elevate Nigerian boxing domestically and internationally, showcasing homegrown talent while attracting top international fighters. Prospect Moses Itauma announced earlier in August that this partnership follows […]

Supplier Relax Gaming has announced a new partnership with online operator Lottomart. The collaboration adds momentum to Relax Gaming’s global expansion efforts while enhancing Lottomart’s game portfolio. As part of the agreement, players can expect to access popular titles such as Money Train 4, Temple Tumble Megaways and Beast Mode. The rollout is scheduled to […]

The goal is to make BetBlocker’s software easier for Finland gamblers so new people can use it in the Finnish language. Details to Note BetBlocker gave users a Finnish language option for the self-exclusion application. Partnership with Casino Guru helped make this possible. Global user numbers go up, for example, Brazil has 20,000 active users. […]

This deal puts Pragmatic Play’s slots, live casino, and virtual sports on TQJ’s Bet do Milhão platform. Details Pragmatic Play agreed with TQJ to offer slots, live casino, and virtual sports for Bet do Milhão. The purpose is to make Pragmatic Play grow more in Brazil. Gamers now get Gates of Olympus 1000, Sweet Bonanza […]

The prediction markets platform Polymarket said 1789 Capital invested and Donald Trump Jr joined the advisory team. Polymarket shared no details about 1789 Capital’s deal size, but someone close to this said it is tens of millions. Prediction markets are now more widely used, with regular traders and big investors viewing them as different ways […]