Posts by cara@bettingjobs.com
Finally
It’s about time: Bally Intralot has reached an all-shares agreement with Evoke to buy the business at an enterprise value of £2.2bn, including £1.9bn of debt and valuing the equity at £243m. The statement said a cash alternative will be available. The offer represents a 77% premium to the three-month average price of Evoke’s shares…
Read MoreSpeedLabs raises $6.5M to create new sports markets from in-game moments
The news: SpeedLabs, a New York-based sports technology startup, has raised a $6.5M seed round led by Parlay Capital Holdings (early backers of PrizePicks) to build what it calls a real-time market engine for sports. Bullpen Capital (early backed in FanDuel), TA Ventures, EdgeEquity, BettingStartups Capital, and others also participated. The company plans to launch…
Read MoreNice ’n’ sleazy
This is my truth tell me yours: President Donald Trump weighed in on the side of the Commodity Futures Trading Commission (CFTC) in the debate over whether the federal authority should have jurisdiction over prediction markets and labeled those that believe the states should have precedence as “scum.” Via a Truth Social post, Trump said…
Read MoreSeismic
The shape of things to come: In accepting Tilman Fertitta’s $31-a-share offer, Caesars Entertainment could spark a transformational round of M&A that could have ramifications for major Las Vegas Strip rival MGM Resorts. The deal announced yesterday would see Fertitta Entertainment pay ~$5.7bn and assume $11.9bn of Caesars’ debt, bringing the total value to ~$17.6bn.…
Read MoreEU Pay Transparency Directive: What iGaming Employers Need to Know
Time is running out for EU member states to implement the Pay Transparency Directive by 7 June 2026. In recent years, the European Union has introduced various measures to improve workplace equality, including the Pay Transparency Directive, which aims to reduce gender pay gaps by increasing transparency around employee compensation. We are here to break…
Read MoreMeet the five startups competing for $100K at First Pitch
The news: Five early-stage founders will take the stage at SBC Summit Americas in Fort Lauderdale on June 11 for First Pitch, one of the gaming industry’s most visible startup competition, with a prize package valued at over $100,000 on the line. The finalists—InsightPlay.ai, Odditt, OddsBlaze, ParlayX, and The Sharps—span AI-powered CRM, parlay discovery, odds…
Read MoreAI, Prediction Markets & Fractional Roles: The Trends Shaping iGaming Recruitment
The iGaming industry continues to evolve at a rapid pace, and with that evolution comes an increasingly dynamic recruitment landscape. Businesses across the sector are adapting to expanding global markets, emerging technologies, and ongoing regulatory changes, all while competing for top talent in a highly competitive environment. To explore the trends currently shaping recruitment across…
Read MoreHedge funds are coming for sports betting, prediction market arbitrage
The news: SBC has announced the five finalists for the 2026 First Pitch competition taking place June 11 at SBC Summit Americas in Fort Lauderdale, co-organized with BettingStartups. The annual startup pitch competition gives early-stage gaming and sports betting companies a live stage in front of investors and industry judges, with the winner taking home…
Read MoreHiding in plain sight
No hiding place: A Senate subcommittee on Wednesday scrutinized the growth of sports betting and sports integrity, but senators spent most of the hearing on prediction markets, questioning whether they are, in fact, just sportsbooks. The rise in popularity of prediction markets has prompted multiple bills in Congress aimed at tightening oversight. Marsha, my dear:…
Read MoreEverybody has a plan…
I came across a fallen tree: Three months on from the announcement of the $1.2bn acquisition of Legend, which lopped over a quarter off the company’s market cap, Genius Sports CEO Mark Locke said the “ferocity” of the share price reaction was a surprise. Speaking to E+M for an upcoming Q1 ‘Earnings Debrief’, Locke said…
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