Topic
Sports Betting
20 stories mentioning this topic
RedNote removes 65,000 gambling posts amid World Cup enforcement push
Chinese social media platform Xiaohongshu, also known internationally as RedNote, has suspended more than 40,000 accounts as part of an intensified crackdown on illegal sports betting promotions linked to the 2026 FIFA World Cup. The post RedNote removes 65,000 gambling posts amid World Cup enforcement push first appe…
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Novig Lands CTFC Approval as Prediction Market Competition Thickens
Novig sees prediction markets as its prime opportunity as a sports betting exchange. Novig’s pivot to a full-fledged prediction market appears to be complete, as the company announced today it has secured approval from the CFTC as a Designated Contract Market. Entering the prediction markets space aligns with the foun…
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VSiN launches Best Bets TV to extend sports betting programming
Sports betting network VSiN on Tuesday announced the launch of its new free adsSupported TV (FAST) channel, Best Bets TV, to reach more sports fans. Leveraging podcast and live content from across VSiN’s platforms, the 24/7 channel delivers sports betting content to a broader audience — combining highlights from its l…
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Sportradar report: World Cup 2026, opportunities for the Latin American sports betting market
The company’s study examines how sportsbooks can capitalize on the expected rise in betting and convert it into customer growth. Press release.- With the World Cup set to be the largest edition of the tournament to date, Sportradar has published a report on the opportunities and challenges for the Latin American sport…
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Alt rushing yards: how alternate player props work in sports betting
Alt rushing yards are a type of alternate player prop that allows bettors to choose a different rushing yardage line than the one originally offered by a sportsbook. By selecting a higher or lower total, bettors can adjust the balance between risk and potential payout to match their betting strategy. As alternate play…
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Booming Games and World Sports Betting forge strategic partnership
Agreement strengthens Booming Games’ presence in African market and expands access to its high-quality gaming content Booming Games, a leading provider of premium gaming content, has announced a strategic partnership with World Sports Betting (WSB), one of South Africa’s most established and recognized betting and gam…
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MAGLA Opens 2026 Applications for Sports Betting and Land-Based Casino Licences
The Malawi Gaming and Lotteries Authority (MAGLA) has officially invited qualified local and foreign applicants to apply for the sports betting licences and land-based casino licences. MAGLA was established under the Gaming and Lotteries Act of 2022. These invitations, issued pursuant to the Act, mark a significant mi…
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Booming Games and World Sports Betting forge strategic partnership
The agreement strengthens Booming Games’ presence in the African market and expands access to its high-quality gaming content. Press release.- Booming Games has announced a strategic partnership with World Sports Betting (WSB), one of South Africa’s most established and recognised betting and gaming operators. The agr…
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Addiction network calls for ban on athletes and sports personalities promoting gambling in France
France’s leading addiction network, Fédération Addiction, has called for a complete ban on athletes and sports personalities promoting sports betting. In a statement, the organisation set out 15 urgent measures to regulate the sports betting sector, with the ban on those involved in sports promoting gambling one of th…
Read summary →Soft2Bet Hosts Diego Simeone for Exclusive Partner Meet-and-Greet in Madrid
Brand Ambassadors and Partner Events in Sports Betting Marketing Soft2Bet gathered partners in Madrid for a meet-and-greet with Diego Simeone, the… The post Soft2Bet Hosts Diego Simeone for Exclusive Partner Meet-and-Greet in Madrid appeared first on iGaming Express.
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Gaming Stocks Extend Their Rally as Sentiments Improve Amid Iran Peace Deal
Gaming stocks had a stellar week, and the Roundhill Sports Betting & iGaming ETF soared over 7%, bridging its year-to-date (YTD) losses to just about 4%. While it is still underperforming the S&P 500 Index this year, the performance gap has narrowed over the last couple of weeks. DraftKings and Genius Sports were the …
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Macquarie: US Represents Just 5% of Global World Cup Betting Volume
The investment bank says the U.S. market remains too small to materially affect global World Cup wagering forecasts despite expanded legal sports betting access. Additional analysis from Macquarie suggests that the U.S. will account for only about 5% of global betting volume during the 2026 FIFA World Cup. Last week, …
Read summary →Regulators need more tools, cooperation to combat illegal gambling sites
Sports Betting Regulators Association CEO Ed Martin admitted the job of regulators involved in policing illegal gambling is tough. “Some of the state regulators are civil regulatory agencies,” Martin said during the SBC Summit Americas session “Crackdown on Unregulated Gaming: Where States Draw the Line.” “They don’t …
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Mindway AI launches Gamalyze Sports to assess risk tolerance
Mindway AI has repurposed its Gamalyze Casino player protection tool for sports bettors and sports betting operators. The post Mindway AI launches Gamalyze Sports to assess risk tolerance appeared first on NEXT.io.
Read summary →SBC Americas: Prediction markets are omnipresent, but not all agree they’re valid
The Commodities Futures Trading Commission June 10 issued a 267-page document that paves the way for companies such as Kalshi and Polymarket to offer sports betting. During Thursday’s session “Prediction Markets: A Question of Compliance and Integrity” at SBC Summit Americas in Fort Lauderdale, one panelist made sure …
Read summary →Compact Talks Begin To Add Online Wisconsin Sports Betting
Wisconsin Gov. Tony Evers and the state’s 11 tribes are continuing their push to take sports betting online. The Milwaukee Journal Sentinel reported the parties met June 1 in Madison to discuss the d... The post Compact Talks Begin To Add Online Wisconsin Sports Betting appeared first on Legal Sports Report.
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ProphetX Gets CFTC Approval to Operate Prediction Market
Move from sweepstakes comes as questions remain over prediction markets and market share ProphetX is ready to transform again. The former state-licensed sports betting operator (then known as Prophet Exchange) that became a peer-to-peer sweepstakes exchange two years ago announced on Thursday it will now venture into …
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Rozier defense fights back after prosecutors file additional charges in sports betting case
The NBA guard's defense team is seeking modifications in pretrial conditions that would enable contact with members of the Hornets, his former team.
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Is the complex world of market-making the next growth engine for bookmakers?
As sports betting companies continue to navigate the prediction market waters, market-making could be an attractive new venture.
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Brazil’s Central Bank begins to crack down on illegal betting
After the Brazil Federal Court of Accounts (TCU) warned of shortcomings in monitoring and combatting the illegal sports betting and online gaming market, the Central Bank (BACEN) will begin tracking financial transactions to identify unlicensed platforms.
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