Playtech has reached an initial agreement with Pferdewetten, a German betting group, for the potential takeover of its Happybet subsidiary in Germany. While in its early stages, the deal is a significant move in Playtech’s strategy to exit the business-to-consumer (B2C) market and concentrate solely on business-to-business (B2B) operations. Negotiations and Potential Outcomes The agreement […]

eFishery, one of Asia’s most promising agritech startups, has become a cautionary tale of ambition turned deception. The Indonesian startup, founded by Gibran Huzaifah, began with a noble mission, revolutionizing aquaculture through automated fish feeders. The company grew from humble beginnings to a $1.4 billion valuation, attracting heavyweight investors such as SoftBank, Temasek, and Sequoia […]

Due to a delay in filing its 2024 Form 20-F, Codere Online Luxembourg is currently at risk of being delisted from the Nasdaq Stock Market. On May 16, 2025, the company received a formal notification from Nasdaq’s Listing Qualifications Department citing non-compliance with continued listing requirements.  The prolonged audit procedure following the appointment of a […]

Italy’s gambling sector keeps growing and increasing its tax contribution. The Customs and Monopolies Agency (ADM) shared a new update on gambling performance and regulations at a Rome summit held on 21 May. State agencies attended and discussed many issues. ADM presented 2024 figures that show the market’s stability. Gross Gaming Revenue (GGR) reached €21.6 […]

Key Points: Supreme Court sends notice to Central Government on plea to ban illegal betting apps. PIL connects unregulated betting to public harm. Case questions whether fantasy sports are really skill-based. India’s Supreme Court has agreed to hear a Public Interest Litigation (PIL) asking for a full ban on illegal betting apps across the country. […]