Posts by cara@bettingjobs.com
Case not proven
Little triggers: The UK Gambling Commission has still not proven the financial risk assessments (FRA) system it wants operators to use is accurate, consistent or reliable enough to support decisions affecting customers, says Grainne Hurst, CEO of the Betting & Gaming Council (BGC). The Commission said last week it was pressing on with the contentious…
Read MoreTick, tock
Running down the clock: Activist investor and long-term shareholder in Caesars Entertainment, Carl Icahn, has until today to lodge a bid to rival that of Fertitta Entertainment’s $31-a-share offer. Caesars Entertainment accepted Fertitta’s bid but attached a go-shop period that expires today. Bloomberg reported this week that Jefferies is sounding out investors for ~$5bn of…
Read MoreRisk factors
FRA-ed knot: The UK Gambling Commission has confirmed it will introduce financial risk assessments for high-spending online customers, but has opted for a staged rollout beginning at higher thresholds than those planned for the final regime. The first phase will apply only to the largest operators and will be triggered when customers aged 25 and…
Read MoreLooking back at iGB Live London 2026⚡️
What a week in London! Last week brought a pleasant surprise to us at Bettingjobs as we arrived in London to find lovely, warm weather. The sunshine set a positive tone for iGB Live, mirroring the event’s vibrant and welcoming atmosphere. From inspiring conversations to new connections, the BettingJobs team thoroughly enjoyed their time in…
Read MorePrediction market funding rolls on with Onyx Odds’ $20M Series A
The news: Onyx Odds, a social sports prediction platform, raised a $20M Series A led by Payward (the parent company behind Kraken) at a $220M valuation, less than a year after coming out of beta. The platform enables users to engage with sports outcomes through exchange-traded instruments, offering a market-driven alternative to traditional sports participation.…
Read MoreSafe from harm
Just as long as my baby’s safe from harm tonight: A research paper on affordability checks may have done something the UK gambling debate has largely failed to do: put numbers around the trade-off between preventing harm and preserving liberty. Ulterior motive: That matters because, as industry commentator Vaughan Lewis argued in a recent Substack…
Read MoreNot dead yet
The devil came and took me: The UK betting shop’s obituary has been written many times but Greg Knight, CEO of JenningsBet, is not yet ready to sign it off, despite the latest threat coming from the Social Market Foundation’s (SMF’s) 40% machine games duty (MGD) proposal. From bar to street to bookie: Speaking to…
Read More‘F*** the casinos’
Welcome to the jungle: In attempting to stifle federally regulated sports event trading, the US gaming industry is setting itself against a consumer that is far more willing to embrace innovative trading opportunities, according to Jacob Fortinsky, CEO at Novig. Speaking to Earnings+More, Fortinsky said it was “high time for sports to be treated as…
Read MoreALT Sports Data closes $5M round to scale tech platform
The news: ALT Sports Data has closed a $5M financing round led by Game Changers Ventures, with participation from Relay Ventures and Scrum Ventures. The California-based company builds what it calls a League Operating System—a platform that combines official data, integrity and compliance, fan engagement, media distribution, and sports betting commercial activation into a single…
Read MoreDiminishing returns
How could you pull the plug and leave me flatline? A new joint report from the Dutch gambling authority, Kansspelautoriteit (KSA), and the country’s Ministry of Finance shows the tax take from online gambling is flatlining, in a further sign that the regulated market is failing. The tax rate on gambling rose in January to…
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