Ex-Polymarket Team Started New Onchain Prediction Market Company and Closed $15M Seed Round

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 […]

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AGA Says Legal Sports Betting Will Rise with NFL Season Starting

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 […]

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Albanese Weighs Ban on Gambling Ads but Warns of Offshore Risks

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 […]

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Bet9ja Expands Boxing Involvement Through Balmoral Group Partnership

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 […]

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