Vertical: Sports Betting

Apollo completes US$6.3 billion acquisition of IGT Gaming and Everi

2 July 2025 at 7:02am UTC-4
Global asset management group Apollo has completed its US$6.3 billion all-cash acquisition of IGT’s gaming and digital business and Everi Holdings Inc. The two companies will ...

Sportradar ‘a critical player,’ Truist analysts says

1 July 2025 at 2:17pm UTC-4
Truist Securities initiated coverage of Sportradar Group on 1 July with a “buy” rating and a US$33 per share price target. Shares of SRAD stock were trading at US$28.08 at the ...

DraftKings launches new responsible gambling tool

1 July 2025 at 7:12am UTC-4
DraftKings has debuted a new responsible gaming tool that helps users set limits and reminders for their betting. The tool, dubbed My Budget Builder, will be available on all ...

Rhode Island expanded sports betting bill fails to pass

1 July 2025 at 6:55am UTC-4
A bill that would have expanded the sports betting market in Rhode Island has failed to materialize despite passing in the State Senate in early June. Senate Bill 748, which ...
G2E web email

SBC announces two new stages focusing on global and emerging markets

1 July 2025 at 6:27am UTC-4
SBC Summit 2025 will be expanded this year with the addition of two new conference stages, Global Markets and Emerging Markets. The change reflects international growth at the ...

Codere Online appoints new Chair of compliance committee

1 July 2025 at 6:06am UTC-4
LatAm sports betting and igaming operator Codere Online has appointed AG Burnett as Chairman of its compliance committee. Elsewhere, the company reported that all 24 agenda ...
GLI email

Federal authorities investigate Malik Beasley in relation to NBA gambling activity

1 July 2025 at 5:44am UTC-4
US federal authorities are investigating gambling-related allegations relating to Detroit Pistons guard Malik Beasley. The investigation involves gambling on NBA games and prop ...

This year’s G2E will recognize the influence of igaming and sports betting

30 June 2025 at 2:38pm UTC-4
One of the seismic shifts in the United States gaming industry occurred in 2018, when the Professional and Amateur Sports Protection Act was repealed by Congress. Suddenly, the ...
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First and Genius Sports announce extended data partnership

30 June 2025 at 7:56am UTC-4
Sports betting operator First and sports data company Genius Sports have extended their data and streaming partnership as both companies attempt to extend their revenue growth ...

Australian government criticized for gambling reform delay

30 June 2025 at 7:08am UTC-4
The Australian government is facing increasing criticism for its failure to enact the key recommendations from a major gambling inquiry released two years ago. The 2023 report ...

Australian influencers threatened with fines over promotion of illegal offshore operators

30 June 2025 at 7:00am UTC-4
The Australian Communications and Media Authority has threatened influencers with fines of up to AU$59,400 if they continue to "promote or publicise illegal online gambling ...

NCAA faces backlash over sports betting proposal

30 June 2025 at 6:41am UTC-4
A proposal last week by the NCAA Division I Council to allow athletes and staff to bet on professional sports is facing backlash from industry stakeholders. The proposal has ...

New Zealand bans offshore sports betting

30 June 2025 at 6:36am UTC-4
An amendment to the Racing Industry Act 2020 in New Zealand took effect on 28 June and bans offshore betting operators from accepting wagers from New Zealand residents. The ...

Kalshi hits US$2 billion valuation after latest funding round

27 June 2025 at 7:14am UTC-4
Tarek Mansour, CEO of prediction platform Kalshi, announced in an X post that the company has closed a US$185 million funding round and is valued at US$2 billion. Paradigm, a ...

California Attorney General set to rule that online fantasy sports platforms are illegal

27 June 2025 at 6:49am UTC-4
California's online fantasy sports operators are preparing for a potentially shocking legal hit and several sources report that Attorney General Rob Bonta is set to announce in ...