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The post of CEO of Entain is empty again: Gavin Isaacs, who held the position for only five months, resigned due to disagreements with the board of directors. As a result, the company’s shares fell by 10.35%.
🤑 The sports betting market will exceed $ 222.9 billion in seven years: According to SkyQuest Technology, the global sports betting market reached $ 101.7 billion last year. The projected average annual growth rate is 10.3%. By 2032, the market volume may reach $ 222.9 billion. The main growth drivers will be online betting and AI integration. Analysts see the greatest potential in Asia, although development is hampered by limited regulation.
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Is Zuckerberg cooperating with gambling companies? British journalists have found out that legal operators are secretly working with Meta and sharing their customers' data without their consent. Instagram Facebook tracking tool Meta Pixel was found on 52 of the 150 sites tested, which leads to betting ads starting to haunt customers on Facebook and Instagram.
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India is considering a new federal law on online gambling. Possible changes may significantly affect the gambling market and regulation in the country.