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Tag Archives: ReadWrite
Inspired Entertainment reports strong Q3 2025, downplaying UK gambling tax concerns
Inspired Entertainment, Inc. shared its financial results for the third quarter of 2025, and the big takeaway is that the company is pushing hard toward a more digital, higher-margin future. The gaming provider hit a new record for Interactive revenue, … Continue reading
Winklevoss twins’ Gemini gets into prediction markets
Tyler and Cameron Winklevoss, the co-founders of the cryptocurrency company Gemini Space Station Inc (Gemini, GEMI), have entered the prediction market space. The news comes from sources close to the twin brothers and would signal a major financial player entering … Continue reading
MyPrize partners with Crypto.com to launch global social prediction markets
MyPrize has announced a strategic partnership with Crypto.com to launch MyPrize Markets, which the company calls “a first-of-its-kind product” to introduce social gaming and prediction markets in one platform. MyPrize will aim to deliver a predictive market experience like no … Continue reading
BofA downgrades hit DraftKings and Flutter as prediction market risks grow
DraftKings and Flutter Entertainment both stumbled on Tuesday (November 4) after Bank of America (BofA) issued downgrades for the two online betting heavyweights, warning that the gambling industry is under pressure from several directions, including the growing influence of prediction … Continue reading
Kalshi and Robinhood make moves against California Tribes’ lawsuit
Kalshi and Robinhood have taken steps to move against the California Tribes’ lawsuit, with many of the arguments relating to the preliminary-injunction proceedings. Andrew Kim, the attorney and litigator for Washington D.C.-based firm Goodwin Procter, set out the latest developments … Continue reading
Isle of Man warns of rising money laundering risks impacting gambling sector
The government in the Isle of Man has outlined an increase in the overall money laundering risk, as part of the National Financial Crime Strategy for 2024-2026. Within the strategy is the Money Laundering Risk Assessment for the island’s overall … Continue reading
Ex-girlfriend Lauren Mochen says NHL forward Arthur Kaliyev drained her finances for gambling
The former girlfriend of NHL forward Arthur Kaliyev says he pulled her into what she describes as a long and messy spiral driven by his gambling habit, and that it ended with him taking tens of thousands of dollars from … Continue reading
Svenska Spel faces new Spelinspektionen compliance probe amid ongoing regulatory scrutiny
Svenska Spel Sport & Casino AB faces another compliance probe by the Swedish Gambling Authority, Spelinspektionen. In a recent statement, the regulator said it will be carrying out supervision of Svenska Spel’s gaming venues, covering turnover and the placement of … Continue reading
Kambi and SuperBet Group launch expansive new Odds Feed+ partnership deal
Kambi, a sports betting solution provider, has announced a brand new Odds Feed+ deal with leading European and Latin American operator SuperBet Group. The partnership will see Kambi’s odds feed solution delivering traded odds to operators across the SuperBet and … Continue reading
Mamdani cites Kalshi forecasts amid surge toward New York Mayoral victory
At a rally in New York City on Monday night, Mayoral candidate Zohran Mamdani referenced Kalshi’s latest predictions that have the Democrat set for a landslide victory when New Yorkers go to the polls on Tuesday (November 4). The 34-year-old … Continue reading