Cathie Wood’s ARK Invests in Kalshi

Posted on: December 2, 2025, 11:01h.  Last updated on: December 2, 2025, 11:01h. Famed growth investor’s firm participated in Kalshi’s latest funding round The ARK Venture Fund now holds a stake in the prediction markets operator Kalshi isn’t the fund’s only prediction markets-related holding Cathie Wood’s ARK Investment Management announced it is an investor in […]

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Underdog Sports Folds on Missouri Sports Betting

Posted on: December 2, 2025, 09:54h.  Last updated on: December 2, 2025, 09:55h. Underdog Sports has terminated its sports betting license in Missouri The betting group is focused on its prediction market partnership with Crypto.com Underdog Sports was supposed to begin taking sports bets in Missouri yesterday, Dec. 1, along with numerous other licensed sportsbooks. […]

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Kambi and PENN Entertainment Extend Retail Sportsbook Deal

Kambi Group and PENN Entertainment have formalized a new timeline for their longstanding retail sportsbook relationship, pushing the agreement’s conclusion to July 31, 2027. The companies confirmed that the revised terms replace the original end date of December 31, 2025. The extension applies to physical sportsbooks that will be operating by the end of 2025, […]

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Curaçao Gaming Authority Under Investigation Amid Integrity Concerns

The Curaçao Gaming Authority (CGA), tasked with overseeing the island’s gambling sector, is now at the center of a criminal investigation. What was meant to be a fresh start for Curaçao’s troubled gaming industry now faces an uncertain future, as the Public Prosecutor’s Office (OM) delves into suspected irregularities within the regulator itself. This investigation marks […]

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Genting’s Take-Private Plan Fizzles After Reaching Only 73.13%

Genting Bhd’s effort to assume full ownership of Genting Malaysia has concluded without meeting its intended target, leaving the parent company with a 73.13% interest in the operator. The takeover initiative, launched in mid-October, did not achieve the minimum threshold needed to move forward with removing the subsidiary from the Malaysian stock exchange. Parent Company’s Control […]

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