Smarkets handed six-figure fine by UK Gambling Commission The online gambling operator will pay £630,000 after an investigation by the Gambling Commission revealed a series of anti-money laundering and social responsibility failings.
Smarkets raises Series B funding round Smarkets, one of the world's largest betting exchange and prediction market platforms, has announced the closing of a significant minority investment from Susquehanna Growth Equity.
Biden's lead in prediction markets cut by Trump In a betting market with £9.9 million traded already, Biden's price reflects a 63% chance of victory, with Trump at 37%. On Smarkets, customers trade against each other on the outcome of political events and the odds move accordingly.
