Industry experts predict a significant influx of traditional financial (TradFi) firms into the $44 billion prediction market sector in the coming months, following pioneers like Cboe and Schwab. This expansion could see more established financial institutions offering binary outcome contracts, broadening the landscape of these markets.
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Sportradar has opened its Unified Odds Feed to distribute esports pricing from competitor data firms, including GRID. The technical integration enables sportsbook clients to select and customize their esports odds providers on a game-by-game basis.
The Michigan Gaming Control Board has approved Soaring Eagle Gaming's platform provider switch from GAN to White Hat Gaming. Under the transition, White Hat Gaming will power the operator's online casino and sports betting operations following a November 10 launch.
Allwyn has entered into an agreement with Kambi Group to bolster its sportsbook technology and operations. Under the deal, Kambi will grant Allwyn a perpetual, global license to its sportsbook source code while continuing to provide trading and associated services. The partnership is projected to increase Kambi’s operating profit by approximately €50m.
Kambi Group has entered into agreements with Allwyn, granting the multinational gaming entertainment company a perpetual, global license to its sportsbook source code. The partnership will power Allwyn's sportsbook technology consolidation and is projected to contribute between €45m and €50m to Kambi's operating profit from 2027 to 2031.
Oneida Indian Nation's Turning Stone Resort Casino and affiliated businesses are restoring operations following a cyberattack that disrupted computer networks, payment processing, ATMs, and phone lines. The property has begun recovering critical services, including the resumption of credit card transactions for food and beverage purchases as systems come back online.