Scary monsters

Compliance and More

Keep me scared: UK Gambling Commission executive director Tim Miller has pushed back on “ill-informed” criticism of financial checks, while signaling openness to crypto payments and a wider review of regulatory burden. At the Ethical Gambling Forum held in Leeds this week, Miller corrected what he characterized as widespread misinformation of financial risk checks. He…

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Not buying it

One man on a lonely platform: Sportradar came armed yesterday with a new quarter-of-a-billion share buyback, a personal $10m commitment from CEO Carsten Koerl and plenty of answers to the analysts’ questions when it presented its Q1 earnings, but it left investors unmoved. The shares fell a further 11% yesterday, leaving them down nearly 50%…

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No holiday in Scambodia

Compliance and More

It’s time to taste what you most fear: Cambodia has dramatically escalated its crackdown on cyber scam operations, announcing the closure of 91 casinos found to be operating as fronts for online fraud syndicates. The move came just days after the US Treasury sanctioned a sitting Cambodian senator over his alleged control of a sprawling…

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A Cambrian moment

Earnings and More

Liquidity events Life on Earth: Proponents of prediction markets are talking them up as the next stage of the evolution of institutional finance, even as the regulated gaming sector and the CFTC seem destined to continue the legal slugfest all the way to the Supreme Court. A recent posting from prediction markets investor a16z made…

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Throwing Mud

Dirty water Sportradar saw its share price plunge 23% in New York yesterday after it was attacked on compliance and regulatory grounds by two separate short-selling reports from Muddy Waters and Callisto Research. In a voluminous 123-page report, Muddy Waters claimed 20-40% of Sportradar’s revenue flows from clients operating illegally. The report alleged Sportradar “intentionally…

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The Escape Route

On the right path One, two, three, four: Penn Entertainment’s Q1 earnings have given the clearest indication yet that Penn has finally managed to find a path to producing profits from online after its calamitous Barstool and ESPN Bet adventures. The interactive segment produced a $78m YoY swing and cut losses to just $10.8m in…

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Diary of an iGaming Exec – Victoria Reed

🔥Victoria Reed is the CEO and founder of Better Change, a consultancy focused on “positive play” in the gambling industry. Unlike traditional safer gambling organizations, her company works directly with operators to balance regulation, commercial success, and player wellbeing. 🎮She criticizes the UK gambling levy for poor governance and excluding industry-collaborating groups, arguing that prevention…

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Breaking Cover

Compliance and More picture

Bally ho! Half a pound: Evoke has confirmed it has received an approach from Bally’s Intralot that values the company at 50p-a-share or a 28% premium to the already elevated share price on Friday. The statement came as a response to newspaper speculation that Bally’s Intralot was in late-stage talks to buy the owner of…

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SBC Summit Americas strengthens startup focus with BettingStartups

SBC Summit Americas has teamed up with BettingStartups to strengthen its support for early-stage companies, with a clear focus on helping founders connect with investors and bringing fresh ideas to the forefront of the Americas market. As part of the strategic partnership, BettingStartups will be the official host of the Startup Zone at SBC Summit Americas 2026. The space will feature 13 exhibition…

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