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ESPN Bet Struggles to Meet Initial Market Share Goals as Penn Expands iCasino

By Sheldon Muchmore Jan 15, 2025

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

By Mihaela Kirilova Jan 14, 2025

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

By Oliver Rink Nov 26, 2024

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

By Oliver Rink Nov 3, 2024

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’

By Jo Montague Sep 20, 2024

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

By Oliver Rink Aug 30, 2024

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

By Oliver Rink Aug 14, 2024

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?

By Oliver Rink May 30, 2024

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

By Sheldon Muchmore Jan 2, 2024

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

By Jo Montague Sep 4, 2023

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