Author Archives: Techme101

Kalshi has announced that it raised more than $300 million in a Series D funding round at a $5 billion valuation. The round was led by Sequoia and Andreessen Horowitz (a16z), with strong participation from returning investor Paradigm. Other backers … Continue reading →

A duo from Braintree, Massachusetts, both pled guilty in Suffolk Superior Court over charges relating to unlicensed basement casinos in the area’s Chinatown and Quincy. The two people, husband and wife, Xue Tan Zheng, 50, and Xiu Rong Li, 55, … Continue reading →

Kambi, a sports betting solution provider, has announced it’ll join forces with Glitnor Group. The group runs Happy, Lucky, Flax, and Vera&John, which will now switch over to Kambi’s Turnkey Sportsbook technology. This particular method of providing sportsbooks to operators … Continue reading →

A gambling ring based in India has been busted by the Directorate of Enforcement (ED), the country’s economic intelligence agency. The results saw law enforcement recover valuables, particularly gold. It stems from an ongoing investigation into politician, K C Veerendra, … Continue reading →

The director of a glazing company has received a sentence for defrauding the UK government by misappropriating COVID relief loans to fund gambling and crypto investments. Haralambos Ioannou, the 49-year-old in question, was found to have used his company, Opti-Bond … Continue reading →