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In the world of sports betting, mergers and acquisitions can reshape the landscape overnight. Recently, rumors swirled that Genius Sports was in talks to acquire Kambi, a Swedish-based sports betting supplier, as part of an effort to expand its managed trading services. However, both companies have swiftly denied these claims, emphasizing that no such negotiations are currently in progress.

Chelsea Football Club has solidified a new partnership with Betway, naming the Super Group-owned betting brand as its Official European Betting Partner. This collaboration marks yet another high-profile deal for both Chelsea and Betway, blending sports entertainment with fan-centric experiences.

FanDuel, a leading force in online gaming, has taken a proactive step to address this with the launch of “Trusted Voices: Conversations About Betting.” This new initiative is designed to equip parents, guardians, coaches, and other trusted adults with the resources necessary to discuss the risks of gambling with young people in a meaningful and informed way.

Australia has long been known for its love of gambling, but a new report from the Grattan Institute sheds light on the staggering cost that comes with it. According to A Better Bet: How Australia Should Prevent Gambling Harm, the country leads the world in gambling losses, with Australians losing a staggering AU$24 billion in 2020-21.