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ESPN Bet Struggles to Meet Initial Market Share Goals as Penn Expands iCasino
Penn Entertainment has announced revenue of $1.67 billion for the fourth quarter of 2024, an increase from $1.395 billion in the same quarter of 2024. The company has placed significant emphasis on ESPN Bet, its sports
UKGC Targets Black Market Gambling as Stoke-on-Trent Man Faces Charges
A UK Gambling Commission (UKGC) investigation has led to a man from Stoke-on-Trent being charged with providing facilities for gambling without having an operating license. The 39-year-old, named Haydon Simcock, is
Investors in DeFi casino Mpeppe claim token can’t be traded, lacks liquidity
Gambling and decentralized finance (DeFi) project Mpeppe is releasing 25% of the tokens it owes to investors through a new claim portal, according to Nov. 26 reports from tokenholders. Still, some investors complain
Online Casino MetaWin hacked for $4 million — ZackXBT
Online casino platform MetaWin suffered an exploit on Nov. 3, leaving the platform drained of approximately $4 million in funds, which the CEO says have been “topped off” since the attack. According to MetaWin CEO
Iggy Azalea unveils new online casino ‘Motherland’
Unveiled at Azalea’s “Motherland Rodeo” event at Solana Breakpoint in Singapore, the Motherland casino is tipped to go live in November. Motherland will offer the typical suite of online gambling activities,
Mpeppe investors say project stole their coins ahead of casino plans
Hybrid gambling, memecoin and decentralized finance project Mpeppe (also known as MPEPPÉ or MPEPE) is being accused of orchestrating a fake presale after several investors allegedly paid for coins but didn’t receive
Memecoin casino: $100 bet on Pump.fun has worse odds than roulette
The odds of finding a successful memecoin to invest in on the token launch platform Pump.fun is lower than placing a winning bet in the casino. Experienced traders employ strategies to attempt to increase those odds and
Gambling is on the rise — So why is investing still restricted?
Gambling is increasingly legal in the United States. New casinos keep popping up in places outside of Las Vegas, and professional sports leagues that used to oppose sports betting are now embracing it. Except for
Crypto betting firm Stake secures naming rights to Sauber’s F1 Team
Cryptocurrency casino and betting platform Stake will feature prominently in the next two years of Formula 1 after securing naming rights to Sauber’s F1 car. The firm takes over from Alfa Romeo, which did not
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate. Stake