Blackstone Launches Sale of Clarion Events in $2 Billion M&A Market Test

Blackstone has launched the sale of its global trade show organizing brand, Clarion Events, valuing the business at around £2 billion ($2.5 billion). This is one of the largest private equity assets to hit the market since recent geopolitical issues stalled dealmaking worldwide. Clarion, which runs international exhibitions across various sectors, was acquired by Blackstone […]

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Coinbase Rejects Ransom Demand, Offers $20M Reward in Response To Insider Attack

Coinbase has revealed details of a recent insider attack involving bribed overseas support agents who leaked sensitive user data. This breach affected less than 1% of the platform’s monthly transacting users, and was aimed at enabling social engineering attacks. However, Coinbase has confirmed that no passwords, private keys, or user funds were compromised, and Coinbase […]

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Online Gambling Advertisement Expenditure Skyrockets

Because it’s not just about bringing in new users, but about keeping them engaged and making betting a routine activity. Sports betting in South Africa has become mainstream. Data shows it’s no longer just about punting. The story now is about influence, reach, and targeted marketing. For the 12 months ending March 2025, gambling and […]

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VGW Creates New Sweepstakes Industry Body the SGLA

VGW, a sweepstakes casino market leader, announced the formation of a new trade group called the Social Gaming Leadership Alliance (SGLA) on 20 May. VGW and several other sweepstake casino operators in the US founded the lobbying group, which is led by former Republican congressman Jeff Duncan. Members of the trade association are VGW, Playstudios, […]

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Japanese Citizens Spend $44.2 Billion Each Year on Illegal Sports Betting Websites

An association of some of the nation’s top firms estimates that Japanese residents spend $44.2 billion on overseas-based illegal sports betting sites annually. Per a report from Nikkei, the claim comes from the Council for Sports Ecosystem Promotion. The council comprises 115 of Japan’s biggest companies, including NTT Docomo, Mitsubishi UFJ Bank, ASICS, Mizuho Bank, […]

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