US Senators introduce bipartisan bill to ban sports betting on prediction markets
The bill would amend the Commodity Exchange Act to ban prediction contracts related to sports events or casino-style games. A bill introduced in the Senate few days ago would ban prediction markets like Kalshi and Polymarket from accepting or listing transactions related to sports events and casino-style games. The bill, co-sponsored by Sens. Adam Schiff, D-Calif., and John Curtis, R-Utah, is the first bipartisan legislation...
Flutter Entertainment plc acquisition of MaxBet, #2 sports betting and gaming operator in Serbia
Flutter Entertainment plc (“Flutter”) is pleased to announce the acquisition of an initial 51% stake in MaxBet, Serbia’s #2 omni-channel sports betting and gaming operator for a cash consideration of €141m (£123m). Flutter also has the opportunity to acquire the remaining 49% in 2029. MaxBet will provide Flutter with the platform to access fast-growing markets via a strong podium brand. This also creates an...
