Kalshi Valued at $5 Billion As Sports Fuel Rapid Growth Summary Prediction-market platform Kalshi has closed a $300m Series D that values the company at more than $5bn — roughly six times its worth a year ago. The surge follows a dramatic shift into sports trading, which has driven monthly trading volumes from about $20m […]
Chile warned to tackle gambling vacuum Summary Chile’s casino sector is calling for urgent legislation after the Supreme Court ruled online betting operations illegal, a decision that highlights the country’s lack of a clear regulatory framework for online gambling. Cecilia Valdés, executive president of the Asociación Chilena de Casinos de Juego (ACCJ), says courts cannot […]
Ho-Chunk Nation closes $610 million financing for Beloit casino resort development Summary The Ho-Chunk Nation of Wisconsin has finalised $610 million in senior secured credit facilities to build a flagship casino resort in Beloit. The package comprises a $305 million revolving credit facility, a $305 million delayed-draw term loan and about $95 million in tribal […]
FanDuel Set to Enter Regulated Prediction Markets by End of 2025 Summary FanDuel, part of Flutter Entertainment, is preparing to launch a regulated prediction market platform developed with CME Group, tentatively named “FanDuel Markets”, potentially by the end of 2025. The service will offer low-cost yes/no contracts (starting at $1) on economic and financial outcomes […]
Allwyn to take over OPAP, creating the second largest listed lottery and gaming operator in the world Summary Allwyn International and Greek state-backed betting firm OPAP have agreed an all-share business combination that values the combined entity at an equity value of €16bn. The merged company will be renamed Allwyn and will become the second […]
KSA: Black market overtakes licensed sector for first time Summary The Netherlands Gambling Authority (KSA) semi-annual monitoring report for H1 2025 shows the illegal online gambling market has, for the first time since legalisation in 2021, outstripped the licensed sector. Between January and June 2025 licensed operators reported around €600m in GGR (a 14% decline […]
RTP transparency – The next frontier in player trust Summary This roundtable brings together senior voices from across the iGaming ecosystem — operators, studios and affiliates — to debate how Return-to-Player (RTP) disclosure should evolve. Panellists agree RTP is now a core trust signal for players, not a buried technical footnote. They argue the industry […]
FanDuel Set to Enter Regulated Prediction Markets by End of 2025 Summary FanDuel, in partnership with CME Group and under the Flutter Entertainment umbrella, plans to launch a regulated prediction market platform likely called “FanDuel Markets” by the end of 2025. The product will let users place low-cost yes/no-style bets (starting from $1) on economic […]
Genting Wants Full Control of Genting Malaysia in Recent Takeover Bid Summary Malaysian conglomerate Genting Bhd has launched a voluntary takeover offer to buy the remaining 50.64% stake in its listed unit Genting Malaysia Bhd for MYR 6.74 billion (roughly $1.6bn). The offer prices each share at MYR 2.35 (about $0.56), a c.9.8% premium to […]
Genting announces conditional $1.6B takeover offer for Genting Malaysia | AGB Summary Genting Berhad has lodged a conditional voluntary takeover offer to buy the remaining 50.64% of Genting Malaysia it does not already own, valuing the stake at MYR6.74 billion (about $1.6 billion). The group is offering MYR2.35 per share in cash, representing a 9.8–22.9% […]
