Kalshi reportedly raises $1 billion, doubling valuation to $11 billion amid rapid industry expansion | Yogonet International

Kalshi reportedly raises $1 billion, doubling valuation to $11 billion amid rapid industry expansion | Yogonet International Summary Prediction market operator Kalshi has reportedly closed a $1 billion funding round that lifts the company’s valuation to $11 billion. The round follows a $300 million raise less than two months earlier and included returning investors alongside […]

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Genius Sports announces strategic partnership with Publicis Sports | AGB

Genius Sports announces strategic partnership with Publicis Sports | AGB Summary Genius Sports has entered a global strategic partnership with Publicis Sports to drive fan engagement through FANHub, Genius Sports’ AI-driven, omnichannel sports advertising platform. The tie-up gives Publicis Sports clients access to live, proprietary data signals and identity capabilities — enabling brands to target […]

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NCAA continues prohibition on pro sports betting while announcing new infractions in Temple’s basketball programme

NCAA continues prohibition on pro sports betting while announcing new infractions in Temple’s basketball programme Summary The NCAA has reversed a proposed rule that would have allowed student-athletes to bet on professional sport after more than two-thirds of Division I schools voted to rescind it. The move follows heavy criticism from conferences and public figures […]

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Kalshi Seeks Dismissal in Ho-Chunk Nation Sports Betting Suit

Kalshi Seeks Dismissal in Ho-Chunk Nation Sports Betting Suit Summary Kalshi has asked a federal court in Wisconsin to dismiss a lawsuit brought by the Ho-Chunk Nation accusing Kalshi and Robinhood of operating an illegal online sportsbook that infringes tribal sovereignty. The tribe alleges Kalshi’s sports-related contracts amount to Class III gambling under the Indian […]

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‘Big Three’ Online Casino States Set New Records In October

‘Big Three’ Online Casino States Set New Records In October Summary October was a banner month for US online casinos, with the three largest iGaming markets — Pennsylvania, Michigan and New Jersey — posting record revenue. Across six reporting markets online casino operator revenue exceeded $950 million, producing roughly $250 million in state taxes. Pennsylvania […]

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FanDuel Execs Confident Predictions Will Not Impact Betting Licences

FanDuel Execs Confident Predictions Will Not Impact Betting Licences Summary Flutter CEO Peter Jackson and FanDuel CFO Rob Coldrake say launching prediction markets will not endanger FanDuel’s sportsbook licences. They have limited the offering to states where FanDuel does not already operate online sports betting, engaged regulators and stakeholders, and agreed not to run prediction […]

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Missouri Sports Betting Launch Information: What Time Does MO Sports Betting Start?

Missouri Sports Betting Launch Information: What Time Does MO Sports Betting Start? Summary Legal sports betting in Missouri launches at midnight on Monday, 1 December 2025. Both retail and online wagering open then, including in-play (live) betting markets. Bettors may register accounts with the licensed operators ahead of launch and place wagers once the market […]

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Polymarket CEO Calls Regulated Sportsbooks ‘Scams’

Polymarket CEO Calls Regulated Sportsbooks ‘Scams’ Summary Polymarket CEO Shayne Coplan publicly accused traditional U.S. sportsbooks of “ripping off” customers, arguing prediction markets are fairer because traders meet each other rather than the house. His comments at the Axios BFD conference come as the prediction-market sector faces scrutiny: Kalshi’s new parlay mechanics have raised transparency […]

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