Lights out for the territory

Compliance and More

Opening salvo: The Commodity Futures Trading Commission (CFTC) has proposed a sweeping new rulebook for prediction markets that would largely preserve the federal route for most game-outcome and team-performance markets while barring just some sports-related event contracts. Four horsemen: In a 267-page notice issued on Wednesday that set gambling social media ablaze, the agency said…

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BettingStartups Capital on what makes them write a check—and what sends them away

BettingStartUps

The news: Three months into BettingStartups Capital, Jesse Learmonth and Paris Smith took live questions from founders during a Defy the Odds Office Hours session—covering due diligence, AI, founder qualities, and where they think the market is getting ahead of itself. The fund writes $100K–$250K checks into early-stage companies across sports betting, iGaming, and B2B…

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Off Rhodes

Compliance and More

You’ll take the high Rhodes: Critics have leapt on the news that ex-UK Gambling Commission CEO Andrew Rhodes is to join top figures from gambling sector legal outfit Harris Hagan in a new strategic advisory firm called Hawkbridge as principal consultant. And I’ll take the low: James Noyes, an arch Commission critic and senior fellow…

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Finally

Earnings and More

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…

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Nice ’n’ sleazy

Compliance+More

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…

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Seismic

Earnings+More

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.…

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Meet the five startups competing for $100K at First Pitch

BettingStartUps

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…

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AI, Prediction Markets & Fractional Roles: The Trends Shaping iGaming Recruitment

BettingJobs newsletter

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…

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