IFS Agrees to Acquire Softeon, Expanding Into Warehouse Software Summary IFS has agreed to acquire Softeon, a cloud-based provider of warehouse management (WMS), warehouse execution (WES) and distributed order management (DOM) software. The move extends IFS’s industrial software portfolio into warehouse and fulfilment operations, aiming to better link factory production systems with distribution and warehouse […]
Uruguay urged to embrace new gambling era Summary An industry chamber formed in December is urging Uruguay to adopt a unified, modern gambling framework that could unlock about $600m of investment and create roughly 20,000 jobs. The Chamber for Casino Services Operators and Investors — representing major concession-holders — wants comprehensive reform to replace a […]
Romance Fraudster Who Scammed Women for Gambling Money Lands in Jail Summary Nigel Baker, 56, has been sentenced to 17 years in prison after running a long-running romance fraud in the UK that targeted divorced and single mothers on dating apps. Between 2012 and 2020 he persuaded women to invest in a fictitious betting business, […]
EKG analysis projects $1tn in annual US prediction market trading volume Summary Industry analysis from Eilers and Krejcik Gaming (EKG) argues that US prediction markets are shifting from a niche product to a potentially mainstream national market. Because prediction markets can be structured for national reach from day one, they can scale differently from state‑by‑state […]
Pennsylvania gaming revenue in November reaches new monthly record of $623.1 million Summary Pennsylvania set a new monthly gaming revenue record in November, with total receipts of $623.1 million — up 10.8% from November 2024. The previous high was $601.8 million in May. Valley Forge Casino Resort led operators with $126.7 million in revenue, followed […]
UKGC Fines Paddy Power Over $2.5M for Social Responsibility Oversight Summary The UK Gambling Commission (UKGC) has fined Paddy Power Betfair GBP 2 million (about $2.68m) after finding social responsibility and customer-interaction failings during a compliance assessment. Four operators trading under the Paddy Power and Betfair brands will collectively pay the settlement. The regulator highlighted […]
Evolution Lawsuit May Overshadow Playtech’s Hidden Value According to Analysts Summary Playtech’s share price has been under sustained pressure as the company finds itself entangled in a high-profile legal dispute with live casino supplier Evolution. Analysts argue the market is fixated on litigation risk and is overlooking substantial long-term value held across Playtech’s investment portfolio. […]
Where Apple, Disney, JPMorgan, Target and more landed on DEI in 2025 Summary 2025 was the year many big employers reworked — and in some cases rolled back — diversity, equity and inclusion (DEI) efforts. Motivated by changing federal guidance, executive orders and political pressure, companies took varied approaches: some stripped the “DEI” label from […]
Hard Rock Casino NL & Blitz Group Form SpinCore Group to Redefine Gaming Summary Hard Rock Casino Netherlands and Belgian operator Blitz Group have joined forces to create SpinCore Group, a Malta-based iGaming company aimed at reshaping regulated-market entertainment. The new group combines Hard Rock’s international brand power with Blitz Group’s local know-how (Blitz.be and […]
Crypto.com withdraws sports event contracts across nine US states | Yogonet International Summary Crypto.com has pulled sports event (prediction market) contracts in at least nine US jurisdictions amid a wave of state enforcement actions, cease-and-desist orders and litigation. The company confirmed it is not live with sports markets in Arizona, Michigan, Maryland, Massachusetts, Illinois, New […]
