Playtech asserts that the Spectrum Report, commissioned by Evolution, validates key findings from the Black Cube investigation regarding Evolution's game availability in prohibited markets. Playtech believes the report leaves Evolution with significant questions to address concerning its compliance practices.
H2GC, a market intelligence firm, forecasts a 2% year-on-year dip in NFL gross win to $3.5 billion this season, attributed partly to the emerging threat of prediction markets. This projection also suggests a decrease in overall NFL betting handle for the upcoming season. This trend could impact sportsbook operators heavily reliant on NFL revenues.
Robinhood has partnered with OG.com, a prediction markets platform spun off from Crypto.com, to route its prediction markets volume. This deal involves Robinhood taking initial equity stakes in both OG.com and the standalone trading platform, which is valued at $5 billion.
This article discusses the UK Gambling Commission's new deposit limit regulations, framing them as a measure to enhance player safety. These rules are presented as a step towards greater player empowerment within the iGaming sector.
This article discusses the UK Gambling Commission's new deposit limit rules, framing them as a move towards greater player empowerment and safer gambling. The regulations aim to provide players with tools to manage their spending and promote responsible gambling practices within the industry.
Rush Street Interactive (RSI) has promoted its CFO, Kyle Sauers, to President. Sauers will retain his CFO responsibilities while taking on increased day-to-day operational duties for the company.
Rush Street Interactive (RSI) has promoted its CFO, Kyle Sauers, to President. Sauers will retain his responsibilities for financial strategy while taking on additional duties in the company's daily operations.
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, has invested $2 billion in the prediction market platform Polymarket. This investment values the company at $8 billion and follows Polymarket’s recent efforts to re-establish a regulated presence in the United States. The deal signals increasing institutional interest in decentralized betting markets as legitimate financial and forecasting tools.
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, has invested $2 billion in Polymarket, a prediction markets platform. This investment values Polymarket at $8 billion and follows its re-entry into the US market.