Industry
November 28, 2025
UK Announces £30M Fund to Strengthen Gambling Harm Prevention Efforts
The UK government has taken a decisive step toward addressing gambling harm, announcing a new GBP 30 million ($39.71 million) fund for voluntary and community groups. The initiative, spearheaded by the Department of Health and Social Care, marks the first phase of a two-year program that aims to bridge the gap between the existing funding […]
Business
November 24, 2025
Kalshi Hits $11B Valuation in Wake of Latest Funding Round
The prediction market Kalshi has reached a $11 billion valuation following its latest funding round, where, according to an insider, the company ended up raising $1 billion. The insider has revealed that the ones who organised the latest round were two of Kalshi’s original investors, Sequoia and CapitalG. The founders of Kalshi are Tarek Mansour […]
Business
November 5, 2025
ClearStake Secures GBP 1.5 Million to Expand Player Verification Technology
UK-based player verification and affordability platform ClearStake has completed a new funding round, raising GBP 1.5 million ($1.96 million), thanks to several prominent investors from the online gaming and fintech sectors. The extra capital will support the launch of the company’s new ID by Bank product, which enables gaming operators to check player identities directly […]
Business
October 14, 2025
Xtremepush Secures Investment of Almost $13M from AshGrove Capital
Xtremepush, an AI-driven CRM and gamification platform, has raised $12.6 million in new funding from long-standing investment partner AshGrove Capital, aiming to use the new funds for further expansion into new markets. Xtremepush and AshGrove Capital Sign Financing Deal According to a press release, the B2B software-focused investor has provided the company with a flexible […]
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 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 […]
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 […]
Business
August 12, 2025
Novig’s Latest Funding Round Nets the Company $18M
Novig, a US-focused peer-to-peer sports prediction market, has announced the completion of its latest Series A funding round. The round saw participation from a variety of longtime Novig allies and netted the company some $18 million. Supporters Fueled Novig’s Future Growth Per Novig’s official announcement, the latest funding round was led by Forerunner and saw […]
Industry
May 7, 2025
KSA Announces Funding for Four Problem Gambling Education Programs
The Dutch Gaming Authority (Kansspelautoriteit/KSA) has unveiled financing for four informational projects that will raise awareness of the risks associated with gambling. The money for these projects will come from the KSA’s Addiction Prevention Fund (VPF), which was established in 2021. KSA Seeks to Raise Awareness of the Risks of Gambling The Dutch regulator confirmed […]
Industry
April 24, 2025
Horseracing Industry People Board Secures $1M in Funding
The Horseracing Industry People Board (HIPB) in the UK announced that it has secured a total of £759,000 (approximately $1 million) in funding from the Racing Foundation and Horserace Betting Levy Board (HBLB). The money would help the former group’s workforce-related initiatives for 2025. The Funding Will Support HIPB’s Workforce Strategy According to the announcement, […]