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Key Points Most users on Polymarket faced losses, and over 100,000 accounts dropped more than $1,000, while retail traders together lost $131 million. A very small group, near the top 1% and mostly bots, secured most profits through speed in execution instead of prediction skill. Retail users often predicted outcomes correctly, yet they still lost […]
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Key Points DoubleU Games placed an offer at $11.25 per ADS, placing the remaining value at millions, showing an over 22% rise and equal to DoubleDown’s 52-week peak. The step aims to combine operations, connect product and tech teams, and control capital under one balance sheet. The deal needs 95% shareholder support and independent approval, […]
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Key Points A server breach aimed at Amatic Industries pushed several slot games into failure, lifting win rates and letting players gain payouts that do not match normal play. The fault ran from 6 pm to 11:30 pm CEST on April 17, bringing confusion on offshore sites such as Vodka.Bet and Vavada, where some users […]
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Hacksaw Gaming CEO has revealed the business’ intentions to invest in early-stage companies. The company reported strong financial results for the first quarter of 2026, with revenue rising 28.1% year-on-year to €57.6m. Its adjusted operating profit reached €47.4m at an 82% margin, representing a 27.3% increase from the prior year. For the quarter, overall profit […]
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Ukrainian gambling regulator, PlayCity, has revoked the licence of Favbet Game Slots and imposed a record fine of UAH933 million (around $21.17 million) following a compliance investigation. The probe identified 108 gaming machines that failed to meet certification standards, stating concerns about fairness and compliance. Established in 2025 to replace KRAIL, PlayCity oversees licensing, compliance […]
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Caesars Entertainment reported a 2.7% year-on-year increase in group revenue for the first quarter, supported by strong digital growth. Revenue for the three months to 31 March reached $2.87bn, up from $2.79bn in the same period last year. Adjusted EBITDA rose by 0.3% to $887m. The main revenue was driven by the digital segment, which […]
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