Business
January 3, 2025
Tekkorp Capital Increases Stake in FansUnite Entertainment
As part of a previously negotiated share purchase agreement, Tekkorp now owns 15.91% of FansUnite’s outstanding shares, solidifying its position in the company. Previously, Tekkorp held 7.61%. Since September 16, 2024, when an agreement was signed for the purchase of additional common shares and warrants, the investor has been growing its influence, and there may […]
Sports
January 3, 2025
Rhode Island Saw $6.3M Sports Betting Revenue in November
Rhode Island has posted its best month to date, generating the highest sports betting revenue on record and managing to beat expectations. In November, Rhode Island saw a massive 43.2% increase in betting revenue from its last best result. Rhode Island Sets Revenue Record in November 2024 The state brought in $6.3 million compared […]
Sports
January 3, 2025
Colorado Sports Betting on the Rise in November 2024
Colorado is seeing an increase in its monthly sports wagering results, with the state data-collector, the Department of Revenue, reporting that a total of $647,951,807 worth of wagers was handled in November. This has been the highest recorded month of sports betting handle, with the only exception of December 2023, when the state saw its […]
Industry
January 2, 2025
UK Consumers Sell Personal Data for Betting Account Use
The Guardian has followed up on an investigation into companies that offer consumers to sell their personal information, which is then used to open and register sports betting and gambling accounts, the publication informed in an article published on Wednesday, January 1. Consumers Legally Sell Data to Register Betting Accounts According to The Guardian, Kent-based […]
Industry
January 2, 2025
Prediction Markets Put on Notice Not to Accept Contracts on Crimes
Kalshi, one of the most ambitious and forward-thinking platforms that fought and won a legal battle to allow future contracts on the outcome of the United States presidential election, was put on notice by the federal government, and the US Commodity Futures Trading Commission (CFTC), to not offer markets that breach regulatory statures. Regulated by […]
Industry
January 2, 2025
Washington Post Editorial Questions the Wisdom of Sports Betting Legalization
Enjoying tens of millions of readers, The Washington Post’s editorial addresses have long been considered some of the most influential in the United States. Now, the Jeff Bezos-owned newspaper has aimed at one of the hottest issues of the day – the mass legalization of sports gambling in the country. Is Sports Betting Legalization a […]
Sports
January 2, 2025
Minnesota Vikings vs. Detroit Lions Week 18 NFL Odds, Time, and Prediction
The No. 1 seed skips the Wild Card round, earns the right to host all of its Playoff games (except the Super Bowl), and gets to face the lowest seed from the conference in the first round. So, which team will win the No. 1 seed in the National Football Conference – Minnesota Vikings or […]
Industry
January 2, 2025
Brighton vs. Arsenal 2025 Premier League Odds, Time, and Prediction
Arsenal started the year with a 3:1 win over Brentford on New Year’s Day, and oddsmakers suggest they’re going to win again. This time around, they’re playing against Brighton at the South Coast. In their first duel in the 2024-25 Premier League, Arsenal and Brighton played 1:1 in London. Does this mean the Gunners are […]
Sports
January 2, 2025
UK Politician’s Son Owes Investors $6.26M in Betting Scandal
Rory Campbell, 37, the son of prominent political advisor Alistair Campbell, is reportedly in a hot mess over his failure to recoup investors’ money after bookmakers failed to pay out winnings, The Daily Mail originally reported. Betting Syndicate Falls Through Over Owed Payments By turning to bookmakers in Asia, Campbell leveraged his financial and sports […]
Sports
December 31, 2024
Zimbabwe Votes and Backs 10% Tax on Sports Betting Winnings
A new tax will make sports bettor in Zimbabwe feel a little underwhelmed when they see their net winnings. Even worse, the proposed and now enforced 10% tax which is taking effect on January 1, 2025, will be calculated on players’ gross winnings every time they get a wager right. Zimbabwe Hopes to Prop Up […]
