Author: Daniel Williams

Key Moments: Kalshi reported expansion to over 140 countries and secured more than $300 million in Series D funding The company’s latest funding round values it at $5 billion, more than double its previous $2 billion valuation in June Kalshi’s platform achieved more than $1 billion in trading volume in a single week, pushing annualized volume over $50 billion Massive Funding Round and Global Reach Kalshi has revealed its expansion to over 140 countries, bolstered by over $300 million in new Series D capital. The funding round, co-led by Sequoia…

Key Moments: The Dutch online gambling sector reported €600 million in gross gaming revenue for the first half of 2025, down from €697 million in the prior six months The licensed market saw a drop in its share of total bets from 51% to 49%, with player participation rising to 5.7% of Dutch adults Average monthly player losses decreased to €119, as new deposit limits were introduced Regulatory Actions and Market Dynamics The autumn monitoring report from Kansspelautoriteit (KSA), the Dutch gambling regulator, highlights a complex landscape in the country’s…

Key Moments: Nexus International projected $1.45 billion in revenue for 2025 after reaching $546 million in the first half The company reported a 110% year-over-year increase, driven by its multi-brand portfolio Nexus operates entirely as a private company, retaining all control and decision-making internally Performance and Ambitions Nexus International has set an ambitious revenue goal of $1.45 billion for 2025, following first-half returns where the company recorded $546 million in revenue. This reflected a 110% increase compared to the same period last year. The growth is attributed to Nexus’s multi-brand…

Key Moments: A Sportsbet representative attended an Australian Labour Party fundraising dinner with Minister Kristy McBain earlier this week Sportsbet stated its presence was for regular consultation and to advocate for safer gambling measures Calls for stronger gambling ad restrictions resurfaced as crossbench MPs urged the government to adopt the 2023 inquiry’s recommendations Political Fundraising and Gambling Sector Engagement Sportsbet, a brand under Flutter Entertainment, took part in a fundraising dinner hosted by the Australian Labour Party’s business-forum arm this week. The event was attended by Kristy McBain, Minister for…

Key Moments: This year’s Global Gaming Expo drew approximately 25,000 professionals from more than 120 countries and territories. Prediction markets sparked significant discussion among major operators during the event. The inaugural G2E Dealer Championship crowned Elleonor Hoffman of Graton Resort as “Best Dealer in America.” Record Attendance and Industry Engagement The 25th Global Gaming Expo (G2E) wrapped up at The Venetian Expo in Las Vegas, underlining its position as a leading platform for the gaming sector. The event was organized by RX in partnership with the American Gaming Association (AGA).…

Key Moments: Gaming Laboratories International (GLI) released three additional modules and updated an original module for its Gaming Security Framework (GLI-GSF) The new modules address vendor controls, land-based gaming, and online gaming, while Module 1: Common Controls has been updated to version 1.1 The framework aims to deliver standardized cybersecurity practices tailored specifically for the gaming sector Enhanced Framework Modules Gaming Laboratories International has broadened its Gaming Security Framework by introducing Module 3: Vendor Controls, Module 4: Land-based Gaming Controls, and Module 5: Online Gaming Controls. Along with the new…

Key Moments: The Workers’ Party introduced Bill PL 5,076/2025, proposing a 24% tax on gross gaming revenue. This new initiative emerged one day after a previous gambling tax reform proposal was withdrawn in Congress. The bill allocates half of the new tax revenues to social security and public health, with the remainder supporting sports, culture, and social projects. Proposed Tax Hike Gains Urgency After Recent Legislative Defeat Brazil’s government is rapidly pursuing its goal to increase gambling taxation. After the unsuccessful attempt to pass Provisional Measure 1,303, which would have…

Five Kenyan women leaders have played pivotal roles in modernizing the country’s gaming industry. Transformations include regulatory reform, technological advancements, and enhanced industry communications. AI implementation and community outreach have become key focuses for responsible growth in Kenya. Key Moments Women at the Helm of Regulatory Reforms Kenya’s gaming environment has undergone significant change, guided by decisive female leadership. In the regulatory sphere, the progression from loosely overseen casinos to a robustly controlled digital ecosystem reflects years of reform. Esther Argwings, assistant director at the Gaming, Betting Control and Licensing…

Key Moments: Harald Neumann stepped down as CEO of Ainsworth Game Technology Ltd after his Nevada license application was withdrawn Ryan Comstock has been named Acting CEO effective immediately, with a comprehensive search underway for a permanent successor Ainsworth shares (ASX:AGI) closed 1.40% lower at AUD 1.06 following the leadership change Leadership Transition at Ainsworth Ainsworth Game Technology Ltd has announced the immediate resignation of Chief Executive Officer Harald Neumann, just days after withdrawing his Nevada gaming license application. The company’s filing to the Australian Securities Exchange (ASX) acknowledged Neumann’s…

Key Moments: Casper Stylsvig is set to become Executive Director, Sports Business, at the HKJC starting January 2026 His role includes driving commercial growth across horse racing, football, lottery, and new sports categories Hong Kong’s recent legalisation of basketball betting is expected to create significant new revenue streams for the club Leadership Appointment Targets Sports Business Diversification Recently, the Hong Kong Jockey Club (HKJC) has announced Casper Stylsvig as its next Executive Director, Sports Business, beginning January 2026. Stylsvig will join HKJC’s Board of Management and will report directly to…