Kalshi CEO Tarek Mansour confirmed via LinkedIn that the company has completed a new round of funding of $300 million, raising its valuation from $2 billion to $5 billion. This round of funding was participated by 137 investment institutions including Sequoia Capital and Andreessen Horowitz, as well
The Wynn Resorts project on Al Marjan Island in the UAE is progressing steadily and is expected to officially open in March 2027. This will be the first integrated resort in the United Arab Emirates to include a casino business, marking a new development stage for the country's tourism and entertain
The Westside City Resort project in Manila, Philippines, has currently completed about 70% of its construction work, with a total investment scale reaching $1.25 billion, and is expected to officially commence operations in the third quarter of 2026.Nilo Thaddeus Rodriguez, President and CEO of the
The Philippine capital market faces another chill. Controlled by Korean casino magnate Dae Sik Han, Hann Holdings suddenly announced the postponement of the 13.5 billion peso initial public offering (IPO) originally scheduled for September 2025, immediately causing a stir in the industry.According t
A recent report indicates that Web3 games are undergoing a severe industry reshuffle, with 93% of projects having shut down, and an average lifespan of only four months. The report, jointly released by ChainPlay and Storible, analyzed over 3200 GameFi projects (games that integrate gaming with decen
Venture capital firm Waterhouse VC recently announced its decision to exercise the investment option in Maincard, a tech company known as the "Shopify of the gambling world," which is revolutionizing the way traditional online gambling platforms are built.By compressing the complex iGaming deploymen
In 2024, Betano led TV advertising investments with R$ 170 million, followed by Superbet (R$ 111 million) and Betnacional (R$ 99 million), according to the timeline produced by Tunad. The second half of the year, boosted by sporting events, was decisive, showing that volume and strategic timing are
Starting coverage of Flutter this Wednesday (12), the Australian financial services consultancy Macquarie predicts that Flutter can increase its online market share in Brazil by 150% in five years, from 10% to 25%. The company purchased a 56% stake in NSX Group focused on the country in September fo
The idea is to promote private capital investment in inland localities, creating jobs, boosting tourism, and economically empowering them.Argentina.- The Córdoba Lottery announced a new tender for its spaces in different inland provincial cities, with the goal of "economically empowering them and gi
In response to recent inaccurate media reports about safety issues in Cambodia, Prime Minister Hun Manet stated that Cambodia is a very safe country and welcomes foreign investors and tourists to invest and travel with peace of mind.Prime Minister Hun Manet attended the Lin's Entrepreneurs and Inter
BetConstruct, part of the SoftConstruct group of companies, has announced its strategic investment in Ikigai Ventures, a venture capital (VC) fund backed by the SiGMA Group, focusing on high-potential startups in the gaming and cutting-edge technology sectors. Launched by industry veterans and visio
Everyone likes to say there’s no time like the present. With iGaming, though, it’s actually true, according to the experts at Slotegrator. Gambling is never a bad business to get into — and now, it’s never been better. The iGaming industry is big and getting bigger, as more countries enact regulatio
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