Key Points XO Market raised $6 million from investors including Coinbase Ventures and Pat Cummins to build a user-generated prediction market platform where people create tradable events. The platform passed $150 million in trading volume, 30,000 users, and 600 markets, while the industry crossed $60 billion in 2025. Challenges remain in liquidity and scalability, XO […]
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Our content focuses on regulatory frameworks, jurisdiction comparisons, and market trends shaping the future of online gambling and event-based trading platforms.
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Main Points Argentina shut 251 illegal gambling websites in Buenos Aires in one of its largest actions, exposing fraud, no fair play, and missing user funds. Investigation found more risk, minors used platforms without checks and even moved money inside illegal systems. Despite action, authorities say the issue continues due to fragmented regulation and fast […]
Mr Gamble selects Richard Dennys as CEO
May 5, 2026Key Points Mr Gamble selects Richard Dennys as CEO, who carries years of experience in tech and performance marketing with roles at Game Lounge and Webgains. Founders call this move a turning point, they aim for global reach and a stronger position through planned growth. Dennys leadership connects with industry movement toward data-driven affiliate systems, […]
Uganda will implement a new gambling tax framework from 1 July 2026 after approving updates to its gaming legislation. The reforms, introduced through the Lotteries and Gaming (Amendment) Bill 2026, establish a flat 30% tax on gross gaming revenue across all segments. This replaces the previous distinctions between betting and other gaming activities. At the […]
Robinhood Records $1B Revenue In Q1 2026
May 5, 2026Robinhood has released its financials for Q1 2026, which ended on 31 March. Following 2025’s record revenue, the company has maintained its upward trajectory. Revenue rose 15% year-on-year to $1.07 billion, while net income increased 3% to $346 million. The decline from 50% growth in Q1 2025 to 15% in this year’s first quarter reflects […]
Evoke announced an improvement in profitability for 2025, but results show increased pressure on its UK business by black market growth. The William Hill and 888 operator pointed out illegal platforms and sweeping tax reforms as emerging threats. Management said the issue is most visible in horse racing, where unlicensed platforms are attracting customers with […]
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