Business
October 13, 2025
Kalshi Secures $300M Funding, Hits $5B Valuation
Tarek Mansour, CEO of Kalshi, has confirmed in a LinkedIn post the long-rumored $300 million investment secured in the company’s latest funding round, bringing the company’s valuation to $5 billion, as stated last month. Kalshi’s CEO Announces the Company Hit Its Previously-Stated Validation This new capital injection boosts the valuation of the prediction market leader […]
Business
October 13, 2025
Allwyn Unveils Historic Merger with OPAP
Allwyn International has announced a strategic merger with OPAP, Greece’s leading gaming company. The resulting entity will be called Allwyn and will position itself as the second-largest listed lottery and gaming company in the world. The Creation of Gaming’s Second-Largest Business According to the announcement, Allwyn will merge with OPAP through an all-share transaction that […]
Business
October 10, 2025
Splash Sports’ Latest Funding Round Nets the Company $14.5M
Splash Sports, a leader in skill-based social sports gaming, announced that it has completed a Series B funding round, securing millions of dollars to expand its business across North America. The Funding Round Will Allow Splash to Scale Its US Business According to Splash Sports’ announcement, the DFS company has raised $14.5 million in a […]
Business
October 9, 2025
Arsen Tadevosyan Becomes 18Peaches’s New Chief Strategy Officer
Next-generation slot game provider 18Peaches has named Arsen Tadevosyan as its new chief strategy officer. With over ten years of leadership experience in the iGaming industry, Arsen brings deep expertise in product strategy, gaming operations, and business development to support the company’s rapid growth. 18Peaches Welcomes Arsen Tadevosyan At 18Peaches, Arsen Tadevosyan will lead efforts […]
Industry
October 9, 2025
Ainsworth CEO Faces Uncertain Future After US Regulator Flags Licensing Concerns
Ainsworth Game Technology (AGT) could face a significant setback following revelations that its chief executive, Harald Neumann, is facing substantial licensing hurdles in the United States. The Nevada Gaming Control Board (NGCB) has urged Newmann to withdraw his gaming license application amid lingering doubts surrounding his alleged connection to a European corruption investigation. Nevada Regulators […]
Business
October 9, 2025
Glitnor Group Chooses Kambi as Its New Sportsbook Provider
Glitnor Group, an international iGaming and sports betting company, unveiled a major partnership with sports betting solutions leader Kambi that will see the latter company replace the former’s existing B2B sportsbook provider. Glitnor Selects Kambi as Its Latest Ally The new turnkey sportsbook partnership will see Kambi power Glitnor with its premium sportsbook technology and […]
Business
October 7, 2025
NYSE Owner ICE Invests $2B in Polymarket
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. ICE Makes an Unprecedented Investment ICE, which is a Fortune 500 company that owns […]
Industry
October 7, 2025
Sharp Alpha to Invest $150M to Boost Customer Acquisition in Gaming
Gaming-oriented venture capital firm Sharp Alpha has closed a $150 million fund that, according to the company, will empower gaming businesses. 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 casino, and prediction markets. The […]
Industry
October 6, 2025
Flutter Tech4Good Awards 2025 to Power Initiatives Battling Adult Inactivity
Global gaming giant Flutter Entertainment unveiled a new initiative to identify and empower promising sports solutions that encourage physical activity among adults. The initiative is called Tech4Good Awards 2025 and seeks to celebrate innovation in that area. Flutter and Its Allies Want to Encourage Adults to Exercise According to Flutter’s official announcement, the Flutter Tech4Good […]
Business
October 6, 2025
PointsBet Welcomes Three New Directors Following MIXI Takeover
PointsBet Holdings Limited has unveiled changes to its board of directors, following its acquisition by MIXI Australia. The company announced the appointment of three new directors and the departure of five existing ones. PointsBet Welcomed Three New NEDs In its official announcement, PointsBet announced that Sho Okuyama, Kanji Kobayashi, and Taishi Oba have joined its […]
