BetMakers signs multi-year agreement to launch CrownBet Summary BetMakers Technology has signed an exclusive five-year technology and services agreement with Betfair Australia to power the relaunch of the CrownBet brand. The company will deliver a full end-to-end wagering stack — a customised Apollo wagering platform, trading and risk services, a content engine and core platform […]
Kalshi secures US$1bn funding Summary Kalshi has closed a US$1bn funding round that lifts the prediction-market operator’s valuation to US$11bn. The round, led by existing investor Paradigm and joined by Sequoia Capital, Andreessen Horowitz, Meritech Capital, IVP, ARK Invest, Anthos Capital, CapitalG and Y Combinator, comes as interest in event-based trading surges. Kalshi offers yes/no […]
Fanatics rolls out Prediction Markets across 24 US states Summary Fanatics has launched Fanatics Markets, its prediction-market platform, across 24 US states in a phased rollout. The product lets users trade event-based contracts across sports, finance, economics, politics and — soon — crypto, stocks, tech and culture. Fanatics is integrating pricing from Crypto.com and offering […]
The Ever-Growing Power Demand in the US Summary U.S. electricity production in 2025 is at record levels, yet projected demand outpaces supply: power needs could be around 50% higher over the next 25 years. In 2023 the U.S. used roughly 4,049 TWh; by 2050 the country may require about 5,178 TWh to meet growing electrification […]
Nevada Lawyer Risks Losing Licence Over Behaviour in Ronaldo Case Summary The Nevada Supreme Court has imposed a temporary ban on Las Vegas attorney Leslie Mark Stovall and is weighing whether to revoke his law licence over his conduct in the Kathryn Mayorga v. Cristiano Ronaldo matter. The disciplinary action follows findings that Stovall relied […]
Nevada Considers Casino Ban for Convicted Bookmaker Tied to AML Issues Summary Nevada gaming authorities have moved to bar California bookmaker Wayne Nix from all state casinos, nominating him for Nevada’s banned list. The action follows investigations that found major Las Vegas properties, including the MGM Grand and the Cosmopolitan, accepted millions in cash and […]
Connecticut Goes After Prediction Markets, Orders Them to Halt Operations Summary The Connecticut Department of Consumer Protection has ordered Kalshi, Robinhood and Crypto.com to stop offering prediction market contracts to residents, arguing the platforms are effectively providing unregulated sports betting. The action arrives as Kalshi marks an $11bn valuation and a partnership with CNN. Connecticut […]
Major changes set for New South Wales pokies Summary From 31 March 2026 the NSW Government will revoke long-standing exemptions that allowed more than 670 venues to avoid the mandated gaming-machine shutdown between 4am and 10am. The three variations affected are the tourism/entertainment weekend and public-holiday variation, the financial hardship variation, and the early-opener variation. […]
The only route to recovery from UK tax bombshell Summary Itai Pazner argues that recent UK tax increases and restrictive measures risk pushing players from the regulated market to the black market. He says an optimal tax band exists (around 20–30%) where operators remain competitive and the Exchequer benefits. Beyond that, operators respond by cutting […]
Assets linked to Prince Group among $300M seized in Thai scam network sweep | AGB Summary Thai authorities have confiscated assets worth THB10.15 billion (about $318 million) and issued arrest warrants for 42 people in a broad crackdown on transnational online scam networks operating across Thailand, Myanmar and Cambodia. Investigators say the sweep targets groups […]
