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The prediction market Kalshi has reached a $11 billion valuation following its latest funding round, where, according to an insider, the company ended up raising $1 billion. Kalshi following its latest funding round The insider has revealed that the ones who organised the latest round were two of Kalshi’s original investors, Sequoia and CapitalG. The…
Spain has taken a decisive step, positioning itself at the forefront of European gambling regulation. The country hosted the recent International Gaming Congress to showcase its policy ambitions and its growing influence among EU regulators. The event provided a platform for senior officials, operators, academics, and international experts to discuss the industry’s responsibilities. Spain International…
Thailand police have detained five Indian nationals who are suspected of serving as administrators for an online gambling operation during a raid at a condominium in Pattaya. five Indian nationals Pattaya Police Raid Results in Five Arrests On Wednesday, Chon Buri immigration police searched a second-floor condominium room on Soi Thep Prasit 17 in Tambon…
Despite Twitch’s ban on all gambling-related content, popular streamer xQc may be poised to make a bold move by broadcasting gambling content from Kick on Twitch, made possible by the Counter-Strike StarLadder Budapest Major exemption from the rules. Twitch’s popular streamer xQc Counter-Strike StarLadder Budapest Major xQc Plans to Circumvent Twitch’s Rules Recently, Twitch agreed…
Spelinspektionen, AKA the Swedish Gambling Authority, has issued a regulatory notice to SkillOnNet after finding that the logged-out version of Prime Casino’s website did not display the required responsible gaming (RG) icons. Spelinspektionen, AKA the Swedish Gambling Authority SkillOnNet Prime Casino’s Spelinspektionen Warns SkillOnNet The missing tools included links for self-assessing gambling behavior, setting deposit…
The Maryland Lottery and Gaming Control Agency (MLGCA) has intensified its scrutiny of unlicensed sweepstakes casinos, signaling that the state is ready to confront operators that skirt the boundaries of gambling law. The regulator also sent an official letter to the state’s regulated sportsbooks, warning that any expansion into prediction markets could result in the…
The Colorado Lottery Commission has decided to make a significant change to its rules by allowing players to buy tickets with credit cards and allowing players to buy tickets online. This has proven to be a controversial decision, with some praising the convenience it offers and others critiquing the risks it entails. Colorado Lottery Commission…
Allwyn, the operator of the UK National Lottery, has unveiled a new scratchcards campaign to celebrate the upcoming holidays. The campaign invited eligible players to “add some play” to their Christmas with the operator’s festive scratch-off tickets. Allwyn UK National Lottery add some play The Campaign Coincides with the Lottery’s Anniversary The campaign’s launch coincides…
UK sports fans have a new and exciting product to look out for as Sweepmate has just hit the market, blending sweepstakes contests and fantasy sports. The new product seeks to fill a gap left by DraftKings’ departure from Great Britain. Sweepmate DraftKings’ Sweepmate Launches in Great Britain As mentioned, Sweepmate seeks to combine the…
Much like table tennis during the pandemic, darts is now emerging as a go-to market for many operators, and Entain is no exception. Commenting on the vertical specifically, amid its broader results, Entain’s CEO, Stella David, noted that darts has indeed become one of the fastest-growing verticals for the company. Stella David Entain Optimistic about…
