Posts by cara@bettingjobs.com
‘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…
Read MoreBettingJobs Roundup: Tartan Army Takes Boston, iGaming Roundtable Meet-Up & attending iGB next week!
It’s been an exciting week at BettingJobs, with our team making the most of new opportunities at home and abroad. In this edition, we’ll share how Associate Director Carla Souter is supporting Scotland at the World Cup in the USA, highlight our CEO Jennifer Innes’s recent business trip to meet clients in Leeds and attend…
Read MoreAll about that ’base
I can shake it, shake it, like I’m supposed to do: Coinbase has launched pre-IPO perpetual futures, letting retail customers take long or short positions on private companies before they list, while at the same time talking up its new sports-centric prediction market combos. Speaking during the company’s system update event this week, Max Branzburg,…
Read MoreNovig, ProphetX enter prediction market fray with CFTC licenses
The news: Novig has received CFTC designation as a Designated Contract Market on Tuesday, clearing the way for the sports prediction market to operate across all 50 states under a single federal regulatory framework. The company filed its DCM application in January and says the approval is the fastest of its kind in CFTC history;…
Read MoreDon’t fence me in
Oh, give me land, lots of land under starry skies above: Nevada’s contempt application against Kalshi has put a narrow technical question at the center of the prediction market wars: can an operator build compliant geofencing in-house, on a $190,000 budget, or is that a category error? The argument was kicked off by Nevada, which…
Read MoreDiary of an iGaming Exec – Ulle Skottling
From teaching computer science in Sweden to helping scale some of the industry’s best-known brands, Ulle Skottling has built a career at the intersection of technology, product, and growth.💻🇸🇪 Now, as CEO of DeGaming, he believes the next major evolution in gaming is transparency. In this episode, he explains why blockchain is about far more…
Read MoreBally’s Intralot’s Odyssey
The man of twists and turns: Bally’s intralot CEO Robeson Reeves’ insistence that an Athens listing provides it with a greater level of institutional investor interest than other potential domiciles has been dismissed by an investor, who suggested that a company such as Bally’s Intralot with UK revenues but a Greek listing “falls into no…
Read MoreKick-Off to Pay-Out: Expert Insights into how the World Cup Changes Betting Behaviours
As the eyes of the world turn to the FIFA World Cup, the excitement extends far beyond the pitch; across the online gaming world, companies are preparing for one of the pinnacles of sport. The World Cup doesn’t just capture the imagination of football fans, it transforms the way people engage with betting, and it…
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