The Plumpton Racecourse now stands against much of the UK racing establishment by endorsing a proposal to reform the way UK horse racing is financed. The Sussex venue recently submitted a paper to HM Treasury, backing the Social Market Foundation’s (SMF) plan to increase the Horserace Betting Levy twofold to 20% and lower the general…
Intercontinental Exchange (ICE), a leading global provider of technology and data, has unveiled a huge investment in prediction market platform Polymarket. This comes as the platform prepares to return to the US and capitalize on emerging opportunities in this lucrative market. Intercontinental Exchange Polymarket ICE Makes an Unprecedented Investment ICE, which is a Fortune 500…
Gaming-oriented venture capital firm Sharp Alpha has closed a $150 million fund that, according to the company, will empower gaming businesses. Sharp Alpha $150 million fund Sharp Alpha to Empower Gaming Businesses According to the announcement, the Sharp Alpha UA Fund I will target a variety of businesses in sectors such as sports betting, online…
Adam Lopez, a Norfolk, England resident, who won $1.3 million, had too much of a good thing, with the man ending up in hospital on September 10, suffering from pulmonary embolism. Adam Lopez This came on the tail of a party bender that saw Lopez lean heavily into the win and enjoy the finer things…
Yolo Group, a global IT and technology company serving the gaming, fintech, and blockchain sectors, announced that two of its subsidiaries have received licenses in the UAE. This comes as the Middle Eastern country continues to grow its gaming sector after warming up to the idea of regulated gaming. Yolo Group Yolo Group Makes a…
As Thailand continues to move toward regulated casinos at a rapid pace, lawmakers have advanced a bill that would get gambling-like mechanics in other games under control. This may have a profound effect on sectors, such as video gaming, which are known for mechanics such as loot boxes. Thailand The New Act Will Tackle Hidden…
Former Tabcorp boss, Elmer Funke Kupper, has sounded the alarm over the existing regulatory framework protecting consumers in Australia. According to Kupper, the Albanese Government needs to get serious about enacting meaningful change in strengthening the existing gambling advertising rules, in particular. Tabcorp Elmer Funke Kupper Australia Ex Gambling Boss Miffed at Frequency of Gambling…
Business-to-Business iGaming provider and aggregator that specializes in “speed-to-market and innovation gaming solutions”, Relax Gaming, has released Masked Treasures, a new Aztec-themed slot featuring mystery symbols, free spins, and a maximum win capped at 5,000x the initial stake. Masked Treasures Masked Treasures Metrics Overview Uncover Wins with Expanding High-Paying Symbols The game ushers in players…
EveryMatrix’s SlotMatrix content aggregation division has turned up the heat with a new slot inspired by Roman mythology. Vulcan’s Gold will send players straight to the fiery forges of the Roman deity, allowing them to tap into the divine riches flowing there. EveryMatrix’s SlotMatrix Vulcan’s Gold Vulcan’s Gold Metrics Enter Vulcan’s Forge Developed by SlotMatrix’s…
A woman in Australia has brought a lawsuit against Flutter Entertainment’s Sportsbet, The Age, a local media outlet, originally reported. against Flutter Entertainment’s Sportsbet The lawsuit alleges that the woman’s account had misappropriated her life savings and allowed him to burn through an estimated AUD 820,000 or roughly $542,106, with Sportsbet not intervening to ensure…
