FDJ United reviews markets amid tax pressures, weighs divestments

FDJ United is reviewing its online betting and gaming operations and non-core assets after higher gambling taxes across Europe weighed on its first-half earnings. The company said the review aims to stabilise gross gaming revenue (GGR), optimise resource allocation, and mitigate the impact of tax increases in several jurisdictions. It is considering potential market exits for […]

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ProphetX raises $35 million as it targets threefold increase in 2026 trading volume

ProphetX has raised $35 million as the federally regulated sports-focused prediction market seeks to expand its business-to-business operations, increase market liquidity and accelerate product development. The company is targeting a tripling of trading volume in 2026 through B2B partnerships, institutional market coverage and its proprietary Request for Quote Parlay Mechanism. The fundraising follows ProphetX’s transition […]

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SBC Summit to spotlight AI-powered design, invisible KYC in iGaming product track

SBC Summit will examine how casino operators can improve player experiences through AI-powered game design, frictionless onboarding and cross-platform product strategies at its dedicated iGaming Product & Design track during this year’s Lisbon event in September. The track, scheduled for Sept. 30 on the Tech & Innovation Stage, will bring together casino operators, game developers […]

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