Crypto Platform Rocket Nets $1.5m Funding in Prediction Markets Push

Rocket, a crypto app experimenting with what it calls “redistribution markets,” just pulled in $1.5 million in pre-seed funding. This raise puts Rocket alongside a handful of other young crypto startups that managed to land early-stage funding as the year wrapped up. Investors clearly haven’t lost their appetite for novel ideas in the space, even […]

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French Betclic-Owner Banijay Group to Take Majority Stake in Tipico in €4.6bn Deal

Banijay Group, the French company behind TV hits like Koh-Lanta, just made a big leap beyond entertainment. Banijay said it’s buying a majority stake in Tipico Group, a top player in sports betting and gaming across Germany and Austria, with headquarters in Malta. This €4.6 billion deal means Tipico will join forces with Betclic Banijay’s […]

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Poland’s President Blocks Gambling Tax Hike

Poland’s President, Karol Nawrocki, has rejected a bill that would have raised gambling taxes from 10% to 15%. Many people in the gambling industry welcomed the move, saying the higher tax would have hurt the players and businesses. Nawrocki said the tax hike would place too much financial pressure on citizens and go against his […]

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