Fanatics begins 24-state prediction markets rollout Summary Fanatics launched Fanatics Markets on 3 December, beginning a phased rollout of a CFTC-regulated prediction markets app across 24 US states. Phase One went live in 10 states (Alaska, Delaware, Hawaii, Idaho, Maine, New Hampshire, North Dakota, Rhode Island, South Dakota and Utah) with a further 14 states […]
Gibraltar warns UK online gambling tax hikes may hit revenues, jobs Summary Gibraltar’s government warns that steep UK tax increases on online gambling — remote gaming duty rising from 21% to 40% (from April 2026) and online general betting duty up from 15% to 25% (from April 2027) — could damage one of the territory’s […]
Betfred operator to pay £825,000 over licence failures in Britain Summary Great Britain’s Gambling Commission has ordered Done Brothers (trading as Betfred) to pay £825,000 after finding multiple breaches of social responsibility and anti‑money laundering (AML) licence conditions at its betting shops. The failings were identified during assessments covering May 2024 to March 2025 across […]
Where is Cassandra Li Ong? Fugitive POGO operator may have fled Philippines for China Summary Punchy: A high-profile suspect in a human-trafficking probe tied to Philippine Offshore Gaming Operations (POGOs) appears to have slipped out of reach. The government now thinks Cassandra Li Ong, accused of running the Lucky 99 South POGO and linked to […]
Most of Wynn Al Marjan Island project’s budget already spent or procured – Wynn Resorts | AGB Summary Wynn Resorts reports that 67% of the US$5.1 billion budget for its Wynn Al Marjan Island integrated resort has been spent or contractually secured (around US$3.4bn). The UAE’s first casino‑anchored integrated resort is progressing rapidly, with major […]
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 […]
