Sports betting

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

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, U.S.A., 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, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Technology, Online Gambling News, Sports betting, 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Bipartisan Effort to Eliminate Outdated Sports Betting Tax Gains Momentum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
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, 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, Online Gambling News, Sports betting, 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, Online Gambling News, Sports betting, 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
Online gaming software, U.S.A., Latest Casino and Gambling News, Technology, Gaming Industry News, Mobile gaming, Sports betting, Online Gambling News, 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...

Meridianbet Accelerates African Expansion with Nigerian B2B Launch

Vanja Mitic
Nigeria, Online gaming software, Latest Casino and Gambling News, New online casinos, Gaming Industry News, Mobile gaming, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
Meridianbet, a prominent subsidiary of Golden Matrix Group, Inc, has recently expanded its operations into Nigeria, marking a significant step in its long-term strategy to strengthen its presence across Africa....