UK-facing sports betting operator Midnite has secured a revolving credit facility that will power its local expansion. This comes several months after the sportsbook closed a multi-million dollar funding round. Midnite The Funds Will Provide the Company with Financial Flexibility According to the latest announcement, Midnite has secured a revolving credit facility of up to…
The White House has changed its mind about appointing ex-Kalshi member and crypto ally Brian Quintenz as the next Commodity Futures Trading Commission (CFTC) lead. This decision was first reported by Politico and confirmed by the White House soon after. White House Brian Quintenz Commodity Futures Trading Commission Politico Quintenz Was Honored by the…
Big news for horseracing aficionados as ITV has penned a four-year agreement to continue broadcasting UK horseracing through 2030. Fans can look forward to exclusive, free-to-air coverage of some of Britain’s top races. The Expanded Deal Will Ensure Fans Have Access to Free-to-Air Coverage The new deal will run from 2027 until the end of…
GambleAware has published a new survey conducted on the charity’s behalf by Social Finance1 and Sherbert Research, which found that 87% of all students aged 13-17 have encountered gambling in one way or another. GambleAware Social Finance1 Sherbert Research which found that 87% of all students aged 13-17 GambleAware Sounds Alarm over Kids’ Exposure to…
Recently, Kai Cenat became the first Twitch streamer to hit 1 million active Twitch members. He is one of the most popular content creators. A recently uploaded clip on X shows Kai sharing with Kirk Franklin, a gospel magician, about how in 2023 he turned down a deal for $60 million with Kick. He described…
A US federal judge has decided that Apple, Google, and Meta must handle class-action lawsuits. These lawsuits claim they made money from illegal gambling through casino-like mobile apps. This decision is a blow to the tech companies, which tried to get rid of the claims by using protections under federal law. A US federal judge…
New York’s ongoing battle for three downstate casino permits has narrowed to four candidates, with proposals in Queens, the Bronx, and Yonkers now entering the last phase. This development follows a series of crucial community advisory panel votes that knocked out several well-known Manhattan projects and a Coney Island plan earlier this week. four candidates…
The first day of offering same-game parlays barely made a dent in Kalshi’s bottom line, but the launch was enough to trigger a ripple effect on the sports betting industry. The new product generated less than $2,000 in fees, yet DraftKings and Flutter Entertainment shares lost $7 billion in market value in total. same-game parlays…
Merab Dvalishvili is poised to cruise to a comfortable victory in UFC 320 in his match-up against Cory Sandhagen, that is, if you ask the oddsmakers, who give the Georgian (-400) odds to win. Yet, Sandhagen’s performance must not be underestimated, not least because of his win against Deiveson Figueiredo in May, where the pair…
Portugal’s MPs at the São Bento Palace will once again ponder whether to adopt a firmer stance on gambling advertising and promotion, after lawmakers pushed forward five proposals from the left-wing ecologist party Livre at the end of last week. Portugal’s MPs five proposals The Proposals, Deemed “Overly Simplistic” The proposals, which include imposing limits…
