Sports betting

Sports Illustrated Partners with Galactic to Launch SI Predict for Non-Outcome Sports Markets

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Mobile gaming, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Sports Illustrated is venturing into the world of prediction markets with the launch of a new platform, SI Predict, in partnership with the UK-based digital marketing company Galactic. The innovative platform w...

Oklahoma Senate Approves Bill to Legalize Sports Betting

Johnny K.
Tribal Gaming, U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Sports betting, Online Gambling News, Licensing, Oklahoma
The Oklahoma Senate has approved a bill that could bring legal sports betting to the state, allowing both tribal casinos and the NBA’s Oklahoma City Thunder to participate in the market. The proposal, Senate Bi...

Underdog Fantasy’s $70M Funding Pushes Valuation to $1.23B, Aiming for Continued Growth

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Online gaming software, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Fantasy Sports, Fantasy eSports
Underdog Fantasy, a rapidly growing sports gaming company based in Brooklyn, New York, has announced a successful Series C funding round, raising $70 million in the initial close. This investment brings the com...

Massachusetts Investigates Robinhood Over March Madness Prediction Markets

Johnny K.
NCAA, U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Technology, Sports betting, Online Gambling News, Massachusetts
Massachusetts regulators have launched an investigation into Robinhood’s latest venture, a prediction-markets hub that allows users to place bets on the outcomes of the NCAA’s March Madness basketball tournamen...

OpenBet and Endeavor Drive New Growth Era Following Strategic Buyout

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Brazil, Gaming Industry News, Technology, Mobile gaming, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
OpenBet, a leading entity in the betting and gaming sector, has officially completed its management buyout, marking a pivotal transition in its corporate journey. The sale, orchestrated by Endeavor Group Holdin...

Bipartisan Effort to Eliminate Outdated Sports Betting Tax Gains Momentum

Vanja Mitic
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Taxation, Taxes
In a persistent move to modernize sports betting regulations, bipartisan co-chairs of the Congressional Gaming Caucus, Democratic Representative Dina Titus of Nevada and Republican Representative Guy Reschentha...

10-Hour Outage in Germany’s Sports Betting Market Raises Concerns Over Black Market Growth

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Technology, Mobile gaming, The Players Lounge, Sports betting, Online Gambling News, Germany
A recent 10-hour disruption in Germany's sports betting market has highlighted vulnerabilities in the country's regulatory infrastructure. On March 15, a critical IT system failure halted operations for license...

Michigan Sees Decline in Online Gambling Revenue in February 2025

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Michigan
Michigan's commercial and tribal internet gaming (iGaming) and sports betting operators reported a sharp decline in February 2025, following a record-breaking performance in January. The total combined revenue ...

Robinhood Partners with Kalshi to Launch Diverse Prediction Markets Hub

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Online gaming software, Gaming Industry News, Technology, Mobile gaming, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
Robinhood, a leader in financial trading platforms, is expanding its service offerings through a strategic partnership with Kalshi by launching a dedicated prediction markets hub within its app. This initiative...