Finance News

NYSE owner dives into prediction markets with $2 billion Polymarket investment

Intercontinental Exchange said on Tuesday it will invest as much as $2 billion in Polymarket, a move that will help the...

Finance News
Entain boss warns Labour against gambling tax rise

The chief executive of Entain, the FTSE 100 owner of Ladbrokes and Coral, has warned the government that higher gambling...

Finance News
Sportradar’s acquisition of IMG Arena approved by UK regulator

The UK’s Competition and Markets Authority has decided not to refer Sportradar’s acquisition of IMG Arena to an in-depth investigation,...

Finance News
Ohio sports betting revenue tops $650 million in August

The Ohio sports betting revenue has been making record-breaking headlines since the state legalized online sports betting in 2023. In...

Finance News
Kalshi stuns the sports betting sector with huge trading volume

By setting new trading records, the prediction platform Kalshi has caused a stir in the sports betting industry. The platform...

Finance News
Midnite strikes $100m financing deal with Discerning Capital

Midnite, the hyper-growth UK sportsbook and casino, has announced it has received a credit financing deal worth up to $100m from...

Finance News
Rachel Reeves hints at UK gambling tax rises in next budget

Rachel Reeves signalling she is prepared to slap a tax hike on Britain’s booming gambling industry. The Chancellor said there was “a case for...

Finance News
Rivalry announces strategic review with new financing deals

Rivalry the leading sportsbook and iGaming operator for digital-first players, today announces that it is completing a non-brokered private placement...

Finance News
Danish online gaming revenue hits new high in August

Danes spent more money on gambling in July. Figures from the Danish Gambling Authority’s latest monthly statistics show that total...

Finance News
More than 100 Labour politicians urge Chancellor to hike gambling taxes 

A group of 101 Labour MPs have thrown their weight behind a call by Gordon Brown for the government to...

Finance News