And Behold Trump Predicts A New Truth Is Born
It’s difficult to gauge whether President Trump’s new prediction market ally was speaking tongue-in-cheek or fervently believed the spiel he was spinning…
M&A
Hoping This Railbird Will Fly, DraftKings Joins The Great Prediction Markets Race
DraftKings, the number two digital sports book and iGaming outfit in the United States, has officially joined the great prediction markets race…
DraftKings Acquires Railbird to Accelerate Entry into Prediction Markets
DraftKings Inc. has announced the acquisition of Railbird Technologies Inc. and its subsidiary, Railbird Exchange, LLC — a federally licensed exchange regulated…
TrueLayer to Acquire Zimpler, Expanding Pay by Bank Presence in Europe
TrueLayer has announced an agreement to acquire Zimpler, one of the fastest-growing Pay by Bank providers in the Nordic region, in a…
Fortuna Entertainment Group Enters Montenegro with Lob Stake
Fortuna Entertainment Group (FEG), a major omni-channel iGaming and sports betting operator in Central and Eastern Europe, has announced its expansion into…
Bally’s High, Corporation Completes €2.7bn Sale of International Interactive to Intralot
Intralot’s €2.7 billion (£2.35bn/US$3.12bn) acquisition of Bally’s International Interactive business, creating a global iGaming and lottery group with enhanced scale and diversification,…
Sharp Alpha Announces $150 Million Fund Providing Non-Dilutive Growth Capital for Sports, Gaming, and Entertainment Companies
Sharp Alpha, an investment firm specialising in sports, gaming, and entertainment, announced today the closing of a new fund with $150 million…
Allwyn to Acquire Majority Stake in PrizePicks for $1.6bn
Allwyn International AG has entered into a definitive agreement to acquire a majority stake in PrizePicks, the largest daily fantasy sports (DFS)…
GRID Acquires Bayes Esports Assets
GRID, a game data and technology platform, has acquired the intellectual property assets of Bayes Esports following the company’s liquidation proceedings and…
What’s In A Name? Euphemism and LLMs Replace Fear and Loathing in Prediction Markets
Paranoid? Worried about the impact of A.I. on your employment prospects? No need to be. AI has been consigned to the definitions…