Posts From: October 2025

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
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 gambling consumption in July increased by 12.9 percent compared to...

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 hike taxes on betting companies in order to tackle child...

Finance News
Massachusetts sports wagers top $545 million in August

The Massachusetts Gaming Commission reported that the month of July 2025 at Plainridge Park Casino (PPC), MGM Springfield (MGM), and Encore Boston Harbor (EBH) generated approximately $99.50 million in Gross...

Finance News
New Hampshire Lottery reports $68 million in August sports bets

The New Hampshire Lottery reported $68.2 million in total sports betting revenue for August up 38%, according to unaudited figures. The New Hampshire Lottery also generated an all-time high of $200.7 million...

Finance News
Lib Dems pledge higher tax on the gambling industry

UK political party the Liberal Democrats have passed bold new policy for gambling regulations. Liberal Democrats will hold the gambling industry to account and put people before profits, so that...

Finance News
Pennsylvania gaming revenue up 14% to $582,339,535 in August

The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during August 2025 was $582,339,535, an increase...

Finance News