According to Reuters, citing sources familiar with the matter, the decentralized prediction market platform Polymarket is close to completing a funding round of up to $200 million. Once completed, the company's valuation will reach approximately $1 billion, officially entering the "unicorn" status.T
The American prediction market platform Kalshi recently completed a new Series C funding round, raising a substantial $185 million, which boosted its valuation to $2 billion, making it one of the most notable "unicorns" in the field. This funding round was led by Paradigm, a venture capital firm foc
He expressed that the focus is on delivering traffic that benefits both affiliates and products, driving long-term profitability and sustainable growth. By Damian Martinez, journalist at G&M News. Your firm has evolved from a Facebook marketing team to the affiliate network with full media buyin
I sold my consulting company in 2017 after a fulfilling 20-year run. Since then, I’ve never used the term “retired” to define my work status, only “semi-retired.” In fact, I’ve been searching for one “last chapter” to wrap up my career. Call it a “relationship,” a “situation,” a “strategic advisory,
President Trump has nominated Brian Quintenz to become Chairman of the Commodity Futures Trading Commission (CFTC).Quintenz currently serves on the board of prediction market site Kalshi, which is regulated by the CFTC.The prospective chairman took to social media platform X to announce his nominati
GAN has enhanced its platform offering to social casino operators across North America by inking a deal with Stakelogic.Through the partnership, GAN has agreed to distribute Stakelogic’s in-house igaming content to the social casino brands it works with in the US, as well as the studio’s live casino
Sports betting startup WagerWire has announced the launch of the Startup Pulse show at this year's ICE Barcelona, to take place January 20 - 22 at Fira Barcelona Gran Via. In partnership with Clarion Gaming's digital brand iGB, WagerWire will create content each day of the show to spotlight innovato
SBC’s second edition of SBC Summit Rio will introduce the Affiliate Leaders Summit, a strategic platform connecting affiliates and operators with key market opportunities in Brazil. This addition will help the relevant stakeholders navigate Brazil’s evolving regulations, unique player behaviors, and
BIT Mining CEO, Zhengming Pan, who previously was in charge of online casino firm 500.com, has been indicted by the US Department of Justice, over lucrative bribery allegations.Central to the charges are allegations of Pan committing four violations of the Foreign Corrupt Practices Act (FCPA).Meanwh
Salsa Technology, a leading company in the regulated iGaming market in Latin America, has promoted Eliane Nunes to the position of Chief Growth Officer (CGO). This move is part of an internal restructuring to align the company's growth strategies with the demands of the Brazilian market and other La
FanDuel has renewed its strategic partnership with Evolution to continue offering the supplier’s portfolio of live casino content and slots across the US for three more years.As a result of the extension, FanDuel will continue to offer slots from Evolutions roster of in-house studios NetEnt, Red Tig
There would be four players involved in match-fixing, and even the former technical director hinted at suspicions. The vice president of the club denied the rumors.Argentina.- In addition to the poor results of the football club Godoy Cruz de Mendoza, the internal crisis that led to the departure of
The famous Filipino basketball player signed a one-year cooperation agreement.Press release.- The global betting company 1xBet and the renowned Filipino basketball player Chris Newsome have signed a one-year cooperation agreement. Fans can look forward to a great promotion, various activities, even
Light & Wonder has voluntarily thrown out its lawsuit against Zeroo Gravity Games over a copyright issue related to the latter’s Three Stuffed Swine game.In the midst of Light & Wonder’s defence against various copyright issues with Aristocrat and Evolution, the firm claimed in July that ZGG
Catena Media has announced it will be laying off 29 employees in advance of the Q3 trading call in an attempt to “streamline and rightsize” the content and marketing teams.Looking ahead to the call on 7 November, the affiliate booked a non-cash impairment charge of €40m.Catena cited the authorising
A teenager was found to have gambled multiple times between September 2022 to October 2023.Australia.- TheVictorian Gambling and Casino Control Commission (VGCCC)has fined Australian Leisure and Hospitality Group (ALH) AU$177,500 (US$119,400) after the company admitted to 24 charges of allowing a mi