Author: Daniel Williams

Key Moments: BETBY is expanding its American football offerings with a greater selection of player prop and microbetting markets. Bettors now have access to a wider set of player prop options, including anytime, first, next, and last touchdown scorers. The latest enhancements are timed to coincide with the launch of the new NFL season for immediate operator availability. Expanded NFL Coverage for Bettors BETBY, recognized as a premium sportsbook provider, has announced a significant upgrade to its NFL betting portfolio with the start of the new season. The platform is…

Key Moments: XGENIA introduced XGENIA Labs, the first AI-native incubator program for game studios and AI-driven startups Ali Storm will serve as Program Director, supported by mentors and advisors from the AI, gaming, and investment sectors Recruitment for the initial cohort starts in September, with the program concluding at ICE Barcelona in January 2026 A New Era for AI-Driven iGaming Development XGENIA has announced the debut of XGENIA Labs, an incubator designed specifically for AI-native startups and emerging game studios. The program, leveraging XGENIA’s proprietary AI technology, node-based development tools,…

Key Moments: Jeju Dream Tower posted a 30.5% year-on-year revenue increase for August 2025 The resort recorded its highest-ever visitor numbers during August Industry observers see these results as a sign of travel sector recovery in South Korea Visitor Growth Drives Financial Performance Jeju Dream Tower, the prominent integrated resort located in Jeju Island, saw its August 2025 revenue jump by 30.5% over the same period in the previous year. This growth coincided with unprecedented tourism arrivals, positioning the property as a leading player in South Korea’s entertainment and hospitality…

Key Moments: Intralot reported year-on-year revenue growth of 1.7% in its latest semiannual results The company announced plans to acquire Bally’s Interactive for €2.7 billion ($2.8 billion), expected to finalize in Q4 2025 Intralot extended its lottery contracts in Idaho and Montana, enhancing its offering and long-term partnerships Financial Snapshot and Acquisition Plans Intralot, the Athens-based gambling technology provider with 1,700 employees as of 2023, posted a marginal increase in revenues for the first half of the year. The firm’s latest report showed a year-on-year growth rate of just 1.7%,…

Key Moments: California Senate Appropriations Committee advanced A.B. 831 on August 28, 2025, with a 7-0 vote The bill would criminalize sweepstakes casinos using a dual currency system with penalties up to one year in jail and $25,000 in fines Lawmakers must vote on A.B. 831 by September 12, 2025, the last day for legislative action this year Senate Committee Advances Crucial Bill Sweepstakes casinos, which have quickly grown in popularity across the United States by providing cash-redeemable prizes in a legal gray area, are facing strict scrutiny in California.…

Key Moments: Suntrust has taken steps to enter a strategic agreement with Travellers International Hotel Group Inc and related firms for the $1.25 billion LETX project in Manila. Entertainment City Resorts Corporation (ECRC) is expected to become the new holding company, with TIHGI and its parent, Alliance Global Group, acquiring a controlling interest. Suntrust will maintain a 20 percent indirect stake in ECRC, while LET Group Holdings will hold an effective 10.2 percent position in the project after the transaction. Partnership Structure and Project Overview Suntrust Resort Holdings, listed in…

Key Moments: Robinhood Markets (NASDAQ: HOOD) has introduced prediction markets for NCAA and NFL events during the regular season. ARK Invest highlights Robinhood’s federal regulatory advantages, allowing nationwide access to these contracts. ARK Investment Management maintains significant holdings in both Robinhood and DraftKings (NASDAQ: DKNG) through its ETFs. Robinhood Advances Sports Prediction Markets Robinhood Markets (NASDAQ: HOOD) has recently taken a step further into the sports event contracts space, notifying clients about its new prediction market offerings for both NCAA and NFL games throughout the regular season. This development signals…

Key Moments: The Clearing Company has raised $15 million in seed funding to build a regulated, on-chain prediction market platform. This initiative is led by Union Square Ventures, with additional participation from Coinbase Ventures and other investment firms. Donald Trump Jr. has joined Polymarket’s advisory board after 1789 Capital invested in the company. Capital Injection and Investment Partners The Clearing Company, established by former executives from Polymarket and Kalshi, has attracted $15 million in seed capital for the development of its on-chain prediction market. The funding round was spearheaded by…

Key Moments: MegaSportsPro launched today across 24 states, offering a blend of skill-based sports prediction and lottery-style rewards. The platform provides three pathways to win: daily progressive jackpots, weekly leaderboards, and monthly contests. Contestants compete by predicting outcomes for 15 daily player-performance propositions. New Era for Sports Prediction Contests MegaSportsPro has officially rolled out its platform, merging skillful sports predictions with a unique lottery-style prize system, and is now accessible in 24 states. The launch delivers a novel competitive experience to participants, emphasizing both expertise and the excitement of potential…

Key Moments: Norwegian gambling regulator Lottstift confirmed a NOK46 million (£3.4 million) fine against Norsk Tipping for significant failures in its lottery draw processes. The error impacted all weekly national supplementary Eurojackpot draws since 2016 and all quarterly Lotto Super Draws since 2015, disproportionately favoring syndicate participants. From 2023 onwards, over 108 annual draws were affected, involving millions of players each year. Background on the Regulatory Action The Norwegian gambling authority, Lottstift, has officially levied a penalty of NOK46 million (£3.4 million) against Norsk Tipping, a state-owned gaming operator. The…