Posts by: 5 STAR

Kalshi reaches record $700 million trading volume

Kalshi just had its second-biggest day ever, as the prediction market platform eclipsed $700 million in trading volume on Saturday.  The only day bigger in Kalshi history was on Feb....

Finance News
Why Prediction Markets Haven’t Scaled in Sportsbooks

After months as one of the industry’s most talked-about trends, prediction markets have now entered a new phase with the launch of the first fixed-odds solution designed specifically for sportsbooks:...

Features
DraftKings rolls out “DraftKings Racing” ahead of Kentucky Derby

DraftKings has announced “DraftKings Racing,” the company’s previously announced new horse racing feature, is now available in an additional six states ahead of the Kentucky Derby following its launch in Delaware,...

Operator News
Tennessee sports betting revenue up 2% in March

Tennessee’s online sportsbooks turned in their strongest March on record by handle while extracting noticeably more revenue from each dollar wagered, according to data published by the Tennessee Sports Wagering Council....

Sports Betting
TaDa reinforces presence in South Africa with Sunbet  

TaDa is continuing its expansion across the exciting South African iGaming market through its latest signing with Sunbet, one of the country’s premier online gaming and sports betting operators. The...

Games Integrations
Brazil blocks access to Polymarket

Brazil has blocked access to Polymarket and two dozen other prediction market platforms, citing non-compliance with federal gambling laws. Finance Minister Dario Durigan told reporters in Brasilia on Friday that...

Regulation
Novibet names Yiannis Stavroulas as new Chief Technology Officer

Novibet are excited to welcome Yiannis Stavroulas as our new Chief Technology Officer (CTO). With over 25 years of experience, Yiannis brings a strong track record in leading engineering teams...

People News
Lawmakers block effort to legalise sports betting in Oklahoma

State lawmakers have once again hit pause on a move to make sports betting legal in Oklahoma. The proposal, House Bill 1047, failed in the state Senate with 27 votes against...

Legislation
US soldier charged with using Polymarket to bet on Nicolas Maduro abduction

The United States Department of Justice has filed criminal charges against an active-duty soldier for placing a bet on the abduction of Venezuelan President Nicolas Maduro, using classified military information...

Legal
Banijay Group completes Tipico acquisition

Banijay Group, the Entertainment powerhouse, has announced the successful completion of the acquisition of Tipico Group. The combination between Betclic and Tipico marks a significant milestone for Banijay Group, reinforcing...

M&A