Posts From: October 2025

Splash Sports raises $14.5 million to redefine the way fans compete

Splash Sports, the leader in skill-based social sports gaming, announced today it has raised $14.5 million in Series B funding to expand its product suite, scale marketing and partnerships, and...

Finance News
North Carolina sports handle hits new high in September

High volume in activity during September yielded the fifth highest month of tax proceeds through legal sports wagering in North Carolina. NFL football and full schedules for the collegiate teams...

Finance News
Aristocrat announces agreement to acquire Awager

Aristocrat Leisure has announced that it has agreed to acquire Awager Ltd (Awager), from funds managed by Oaktree Capital Management, L.P. for an undisclosed sum, subject to the receipt of...

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 taxes in next month’s Budget could lead to widespread betting...

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, the antitrust watchdog said in a statement on Friday. The...

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 August 2025, Ohio again surpassed expectations by recording a sports...

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 broke its previous record of $260 million, set on the...

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 House Advantage Fund (“HAF”) to facilitate its continued growth in...

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 gambling firms paying more,” insisting they should “pay their fair...

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 for aggregate gross proceeds of up to C$5,520,000 and that...

Finance News